Los Angeles, California-based financial technology platform Stackin’ successfully raised $12.6 million in a Series B investment round. The text-messaged based financial platform’s recent funding was led by Octopus Ventures. Apart from Octopus Ventures, the Series B financing round saw participation...
In an effort to digitize its bank, Swiss investment banking giant UBS Group is set to launch a venture fund targeting fintech companies overturning traditional banking. According to a report from Bloomberg, the Swiss wealth manager has prepared “hundreds of...
Los Angeles-based financial technology firm Aspiration gets a $135 million infusion as a result of a funding round led by Alpha Edison, said Tech Crunch. This brings the company’s total funding up to $200 million. The round was participated by...
The Competition Commission of India (CCI) is currently examining WhatsApp’s activities due to allegations of abuse filed against Facebook’s messaging service, according to an exclusive report by Reuters. The antitrust agency is looking into the WhatsApps new payment services. Sources...
John F. Smith, the founder of Vista Equity Partners, recently called for fintech companies to act toward helping small businesses owned by ethnic minorities that are affected by the pandemic, said Tech Crunch. The appeal came after Vista’s billion-dollar...
As the growing pandemic continues to plunder on in Singapore and the rest of the world, the Singapore Fintech Association (SFA) and digital payment network Razer have teamed up to provide financial assistance to local Singaporean fintech companies. Around...
Jakarta-based insurance technology startup company Qoala recently raised $13.5 million in the Series A funding round. The massive investment in the fintech firm comes amid the growing economic impact of the virus pandemic across Southeast Asia and the rest...
A new round of investment led by V Capital Investments (VCI) will help Cross River Bank (CRB) offer innovative fintech to a larger sector of the public in South East Asia, particularly in Malaysia. The partnership is part of CRB’s...
Australia-based fintech startup Airwallex reached unicorn status as it obtained a massive $160 million in Series D funding. According to Bloomberg, the recent investment brings the total valuation of Airwallex to a total of $1.8 billion with approximately $360...
London-based fintech company Lanistar was officially launched on Thursday, March 26, after securing a seed funding of £2 million. The company, founded by Gurhan Kiziloz, aims to reach a unicorn status and challenge traditional banking services in London. While...

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