Thursday, October 28, 2021
Synapse, a financial technology company that operates a platform that allows banks and other fintech companies to efficiently develop financial services has concluded a $33 million Series B funding. The purpose of capital raising is to create new products...
OPay, a fintech initiative by Opera, has received $120 million through the Series B round financed by Chinese investors, TechCrunch said. The Africa-based startup will use the fund to expand its services. This new acquisition is in addition to the...
The UK-based fintech company Monese is reportedly meeting with investors to raise funding to £100 million and close its valuation to £1 billion. According to the company insiders, Monese is closing a deal with new and existing investors to raise...
Superstore chain Walmart is currently offering installment loans for customers who are doing their gift shopping this holiday season. Kare11 reported that huge companies are giving this option through financial technology platforms. Buy now, pay later offers are made available...
Singapore Life, a financial technology company, specializing in insurance and wealth management, has secured a US$90 million funding from Sumitomo Life Insurance. The Japanese major life insurer has also taken over about 25% in Singapore Life. The investment raised the...
This year’s Africa Fintech Festival will be conducted in Kampala, Uganda on November 5 and 6 as part of the 2019 Financial Inclusion Week. The event will be held at the Kampala Serene Hotel. SoftPower News reported that the...
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...
Financial technology startup Social Finance Inc. (SoFi) has reportedly been looking to close $500 worth of funding from the Qatar Investment Authority. As of writing, the company has already raised a whopping $2 billion from its existing pool of...
This 2019 seems to be a good year for China’s financial technology companies, according to SHINE, a media outlet powered by Shanghai Daily. Reports say that the country’s industry has experienced an ‘accelerated consolidation’ due to participating companies pursuing...
Hong Kong-based digital payment services platform Statrys has raised $5 million in a funding round led by an angel investor. The investment round was conducted in a closed-door funding arrangement. Founded in 2018, the financial technology startup provides digital payments...

RECENT POSTS