London-based fintech firm Fidel announced Wednesday, Sept 25, it has secured $18 million with its first major funding round co-led by U.S.-based fintech funds Nyca Partners and QED Investors.
According to a report from Tech Crunch, the new funding, which...
Fintech platform PayMongo raised $2.7 million in seed funding last September 24, 2019. Silicon Valley investors helped the financial technology payments company raise this amount.
PayMongo provides services to modern businesses in the form of accessible and more convenient online...
After its first day of trading in the stock market last Thursday, Sept. 26, fintech lender Oportun Financial has sold 6.25 million shares at $15 each.
The company raised about $94 million in IPO, offering 23 percent of its overall...
Reports show that almost all fintech employers are suffering from a lack of professionals specializing in the industry. Finews.Asia stated that 94% of employers related to financial technology services are experiencing a scarcity of talents. A study by recruitment...
The National Bank of Romania (BNR) announced Monday, Sept 23, the launch of a new platform that will increase the bank’s interaction with the Fintech Innovation Hub, the country's fintech sector.
In a press release, the bank describes the new...
Philippine senator Grace Poe recently said that lawmakers are not thinking of accelerating the passage of fintech laws. According to media outlet Rappler, Poe noted that further research is needed before drafting any laws pertaining to financial technology.
After a...
The United Kingdom capital London has been soaring high with fintech deals and investments, overtaking New York with $2.1 billion deal values.
For the first eight months of this year, London has created about 114 deals—a $200 million deal worth...
Deutsche Bank, one of the world's leading financial service providers, announced Thursday, Sept 19, it has acquired a 4.9% stake in German-based fintech Deposit Solution.
According to CNBC, the recent deal makes Deposit Solutions become the second among Germany’s largest...
Investor Anthemis has partnered with Barclays to launch a startup studio Female Innovators Lab, a dedicated studio for female founders in the fintech space.
The studio will be a collaboration with both Anthemis and Barclays, helping customers get pre-seed investment...
The New York-based financial tech company Better.com is calling Queen City its new home as a move to accommodate its rapid growth.
The company announced last Sept. 16 its decision to create a new hub at the World Trade Center...
