London-based fintech company SumUp Inc. has secured a $371 million loan backed by Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners. According to a report from Bloomberg, the six-year-old mobile payment startup company...
A Series B funding led by Gauss Ventures raised startup Curve, a London fintech startup company, $55 million in new funding. Curve is a platform that consolidates a user’s bank cards and makes it easier to manage spending and access...
Investment and wealth management fintech firm JHC System announced on Monday, July 15, it will be partnering with Dutch-based fintech company Ortec Finance to optimize its digital wealth platform. According to a report from Institutional Asset Manager, Ortec Finance will...
Facebook’s planned cryptocurrency unit, Libra, is reportedly under fire from various London fintech sectors. Attendees at the recent FinTech Week held in London expressed distrust for the new currency, reports Business Times Singapore. Libra allegedly offers the market a more...
Mastercard picked Moneythor, a Singaporean financial technology company, for its startup engagement initiative. FinTech News Singapore said that the company will join 9 other early-stage fintech firms. Moneythor will be the only Southeast Asian firm out of the 10...
Singapore Exchange is tapping on the investment research network with its newest local-based fintech company investment Smartkarma. The move comes with SGX’s initiative to create growth opportunities for Smartkarma in terms of alternative data sourcing in investment research. Together with Sequoia...
Citi Venture secures a new investment, funding $5 million to vehicle payment tech startup Car IQ. The startup closed its Series A funding with the addition of new investors on the list like Avanta Ventures, Plug, and Play, AVG Spike...
NiYO, an India-based digital banking startup, has raised $35 million in funding from various investors, led by Horizons Ventures. The money will be used to step up the development and launching of new product offerings. The move is aimed to...
Ex-Goldman Sachs executive veteran, Michael Sherwood, is slated to join Revolut. Sherwood left his vice chairman post at Goldman Sachs last 2016, working for the company for more than three decades, states Pymnts. Considered as one of the most prolific...
The Utah Department of Commerce recently revealed that the state will be introducing a regulatory sandbox (RS) for financial technology players, reports the Deseret News. This comes after the passage of a new law that allows fintech firms to...

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