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...
Digital bank Green Dot recently announced that it will be taking fintech veteran Dan Henry as its new president and chief executive officer, as well as a member of the board of directors. PYMTS reported that Henry will be...
In a bid to facilitate faster payments in crypto trading, Sygnum Bank, the world’s first digital asset bank, announced Monday the launch of its digital Swiss Franc token, labelled DCHF. In a press release, the company described the latest digital...
British company Revolut recently allowed buying and selling gold for Premium and Metal members. In a blog posted on its website, the company said that it is entering the precious metals sector through exposure. However, it also warned that...
The Financial Market Supervisory Authority (FINMA) has awarded Zurich-based bank Yapeal a fintech banking license to offer digital financial services in Switzerland. Yapeal, given its fintech license, aims to challenge the traditional retail and consumer banking by offering digital...
SpotOn, a payments and software provider based in San Francisco, announced Wednesday, it has raised $50 million in its Series B funding round. The financing, joined by new and existing investors, included 01 Advisors, Dragoneer Investment Group, Franklin Templeton,...
Tech mogul Bill Gates recently funneled $1.4 million into fintech security company Crest through the Bill and Melinda Gates Foundation. Computer Weekly reported that the donation seeks to improve the firm’s reach in African and Asian countries. This move...

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