Sunday, October 10, 2021
Financial technology and payments start-up Xendit has secured $150 million in a Series C investment round in Jakarta, raising its worth to around $1 billion. The company launched in the Philippines in December. A "unicorn" is a privately held...
Fintech Milo, a company offering international clients direct lending mortgage options, has unveiled a new broker unit for wholesale mortgage partners across the U.S. With a fully digital lending service, Milo provides foreigners loan and mortgage team processing expertise for...
Following the acquisition of a banking agent license in Egypt, Dopay aims to introduce a high-performance platform for virtual banking are on schedule. The fintech company’s banking agent license has been granted by Arab Banking Corporation (ABC) Egypt, as...
Just recently tech startup Canopy has finalized Series A fundraising amounting to $15 million. Canopy’s chief product is software that is used by financial institutions. Canopy’s software makes it possible for said financial institutions to develop loan programs then provide...
PayPal subsidiary Venmo now allows cryptocurrency purchases through the use of cashback. The announcement came on Tuesday, August 10, 2021, stating that users are now allowed to buy cryptocurrency on cashback made from their purchases via the “Cash Back...
BigPay, a top fintech business in Malaysia has received up to US$100 million in funding from SK Group’s South East Asia Investment. As a strategic partner, SK, one of South Korea's largest conglomerates, acquired the rights to join BigPay's...
According to the Israel Tax Authority, the wealth fund of Israel has been postponed, and will not begin operations until 2022. The delay is because the taxes on natural gas production and other resource profits still stay under the amount...
Klarna, a Sweden-based fintech company, is the first to support two major climate change campaigns. The partnership with Climate Pledge and the Race to Zero project has been unveiled recently by the international retail bank and financial services provider. Klarna...
To foster payment service innovation, Amazon Payment Services has launched its first-ever fintech lab in Dubai. It is located at the center of the country’s financial and fintech sector, the Dubai International Financial Centre (DIFC) Innovation Hub. The Amazon Fintech...
FamPay, a fintech startup based in Bangalore, revealed that the company had secured $38 million in a Series A funding round headed by Elevation Capital. It is one of India's largest Series A funding rounds because of the amount of...

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