Wednesday, January 27, 2021
Student loan startup MPower Financing recently obtained funding of $25 million, according to an exclusive by the Washington Business Journal. The money will be used to transform the company and expand its services. The investment was made by a new...
Singapore-based financial technology startup company Volopay announced its successful seed funding round where it raised $2.1 million. The investment round was led by dating app Tinder co-founder, Justin Mateen. Apart from Tinder co-founder Mateen, other investors also took part in...
Financial technology lending firm, Social Finance (SoFi) announced Thursday, January 7, 2021, that it aims to go public via Chamath Palihapitiya-backed company Social Capital Hedosophia Holdings Corp V (SPAC). The partnership is valued at approximately $8.65 billion. The deal is...
Financial and banking regulators in China are looking into Internet platforms and their fintech operations to limit the risks of cybersecurity in the country. The recent decision to summon Alibaba Group’s Ant Group came after reports on universal problems, not...
Following its announcement to enter a definitive agreement with fintech company Acima Holdings LLC, Rent-A-Center Inc.’s stocks increased to a massive 10 percent on Monday, December 21. The deal is reportedly around $1.65 billion, with an upfront $1.273 billion in...
Stockholm, Sweden-based financial technology startup Tink successfully raised fresh funding amounting to €85 million or approximately $103 million. Following this, the company’s valuation rose to €680 million, roughly $825 million by today’s current rates. According to Tech Crunch, the fresh...
Tallinn, Estonia-based financial technology company Modularbank has successfully raised €4 million in funding in a late seed funding round. The recent funding round was held to reportedly boost its core banking platform, states Tech.EU. The late seed funding round was...
The Tokyo Metropolitan Government (TMG) has launched an accelerator initiative called Fintech Program: Asia meets Tokyo, said Japan Today. This program is part of the city’s Global Financial City: Tokyo Vision, which seeks to assist the financial technology sector The...
African financial technology company Chipper Cash landed a $30-million deal in its Series B funding round. The round was led by Ribbit Capital with special participation from the personal venture capital firm of Jeff Bezos, Bezos Expeditions, reports Tech...
Nigeria-based financial technology startup Kuda announced on Wednesday, November 10, 2020, that it had successfully raised $10 million in funding. According to Tech Crunch, this is the largest amount raised in a seed funding round held in Africa. Prior...

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