Ride-hailing giant Uber plans to expand to a financial technology sector. Following this, the company boosts its hiring processes in New York. According to CNBC, the ride-hailing app plans to add several dozens of employees in its roster, slated to...
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...
United Kingdom-based fintech firm Tide successfully raised £44 million in funding in the first Series B Funding round. The round was spearheaded by Japanese company The SBI Group. Apart from The SBI Group, another company that helped lead the recent...
The Securities and Exchange Board of India (SEBI) and the Insurance Regulatory and Development Authority (IRDAI) recently revealed a draft proposal for a regulatory sandbox (RS) dedicated for financial technology firms in the country, Inc42 Media reports. The frameworks...
The fintech sector in Southeast Asia can expect a significant boost in the coming years, said Entrepreneur. With its steady growth, its value is predicted to cross $1 trillion in six years. This forecast comes after a collaborative study by...
United States banking giant PNC recently launched its financial technology startup firm under its name. The financial institution is launching the startup program called numo. According to Forbes, numo is a startup program that operates inside the bank. This set-up...
China-based financial technology firm Lufax Holding Ltd. is currently seeking $2.36 billion in the United States through an initial public offering (IPO), reported Bloomberg. This IPO is expected to be the largest one by a Chinese company in the...
Singapore-based fintech startup Koku has announced plans to expand into Indonesia, following the company’s successful US$2 million Pre-Series A funding round last April led by Chinese angel investment company Decent Capital. In a report from Tech in Asia, the company is...
Hope Trust, a fintech trust and care planning service and platform designed specifically for people with special needs has formed a collaboration with BMO Harris Bank. Hope Trust technology allows users to create a customized special needs care plan. By...
Several companies from India were invited by Bahrain to facilitate the on-going development of the FinTech industry in the country. Bahrain reportedly submitted a proposal to a range of FinTech companies in India hoping to open and improve online payments,...

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