Friday, February 26, 2021
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...
Digital finance platform giant Frollo announced Monday, September 2, that it has acquired Al-powered startup Hip Money. According to a report from Business News Australia, the fintech company sees Hip Money's AI technology as a perfect match to its offering,...
London-based digital finance app Revolut recently announced a partnership with Visa for its international expansion program. The fintech will use Visa’s network global footprint to expand in 24 new markets, for a total of 56 around the globe. Revolut also...
With the strong need to innovate, the financial services industry has been getting onboard various technological trends including artificial intelligence (AI) and machine learning (ML). FintechNews Singapore reports that 3 out of 4 banks in Asia deems AI and...
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...
Indonesia’s Investment Alert Task Force has just recently shut down at least 168 financial technology and peer-to-peer (P2P) companies, as well as 47 investment firms, reports The Jakarta Post. All of the suspended companies do not have registration papers...
Bankers, credit union executives and other leaders of financial service providers have ranked AI, data use, and advanced analytics as their priority in 2019, according to a survey by the Digital Banking Report, the first time the leaders in...
South Africa’s first-ever peer-to-peer insurance platform, Pineapple, has won the top prize at a recent fintech competition held in the United States last September and October, bagging a total prize of R22.5 million. According to a report from Business Tech,...
Finantix, a financial market technology provider to the global financial industries, announced Tuesday it has acquired Zurich-based InCube Group AG, a supplier of AI-enabled products and solutions to wealth management and insurance companies. In a press release, the technology provider...
NiYO, an India-based digital banking startup, has raised $35 million in funding from various investors, led by Horizons Ventures. The money will be used to step up the development and launching of new product offerings. The move is aimed to...

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