Tuesday, April 16, 2024
FinFit, a Virginia-based fintech company, announced it had secured $7 million through a Series B funding round. Galaxy Investment Partners LLC led the round, the family office of Michael Novogratz, together with the participation from existing investors Bison Capital Asset...
Edinburgh-based startup Visible Capital recently acquired funds to generate employment even before its launch scheduled early next year. The Scotsman reported that the newly established fintech firm obtained a £500,000 funding from Scottish seed investor Techstart Ventures.  Visible Capital is...
The Financial Market Supervisory Authority (FINMA) has awarded Zurich-based bank Yapeal a fintech banking license to offer digital financial services in Switzerland. Yapeal, given its fintech license, aims to challenge the traditional retail and consumer banking by offering digital...
Australian Prime Minister Scott Morrison has appointed Sen. Jane Hume as a cabinet member responsible for overseeing financial services and financial technology. Sen. Hume will assume the office of Assistant Minister for Superannuation, Financial Services and Financial Technology. She will...
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...
Despite the first two-quarters of drooped results, multinational financial services platform Visa saw a massive revenue increase of about $5.8 billion. In the conference call transcript, The Motley Fool reports that Q3 Earnings of Visa for the period ending on...
Australian fintech firm DiviPay has raised $2.3 million in Series A funding following the company’s first launch less than a year ago. The round was led by ANZi, the corporate venture capital arm of ANZ, and was joined by other...
Startup digital bank Jiko recently became the very first financial technology company to completely secure a nationally regulated financial institution namely the Mid-Central National Bank, said CNBC. The firm, founded by a former Goldman Sachs trader Stephane Lintner, has closed...
A number of Chinese ventures firms are tapping into Africa’s fintech as the industry shows potential growth in mobile finance services. OPay, a Norway-based consumer internet firm Opera recently raised $120 million from Chinese investors, Transsion. The fresh funding comes...
London-based fintech firm Rapyd successfully raised $100 million in funding. The additional $100 raised by Rapyd in its recent financing round brings its total valuation near $1 billion. In total, the amount raised by the financial technology company amounts...

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