Saturday, September 19, 2020
Credit-focused startup Upgrade received a 40 million-dollar funding from the Series D round led by Santander InnoVentures, said Tech Crunch. This brings its valuation up to $1 billion, according to the company. Upgrade is known for offering services related to...
New York-based Wahed, a digital Islamic investment platform, announced Monday it has raised $25 million in a funding round led by Saudi Aramco Entrepreneurship Ventures, a venture capital investment arm of Saudi Aramco. The round included participation from new investors...
In the move to facilitate the growth of emerging startups in Europe, global payments company Mastercard announced the launch of Fintech Express on June 2. The Fintech Express program will enable businesses to add payment solutions, set digital-first services, and...
Los Angeles, California-based financial technology platform Stackin’ successfully raised $12.6 million in a Series B investment round. The text-messaged based financial platform’s recent funding was led by Octopus Ventures. Apart from Octopus Ventures, the Series B financing round saw participation...
In an effort to digitize its bank, Swiss investment banking giant UBS Group is set to launch a venture fund targeting fintech companies overturning traditional banking. According to a report from Bloomberg, the Swiss wealth manager has prepared “hundreds of...
Los Angeles-based financial technology firm Aspiration gets a $135 million infusion as a result of a funding round led by Alpha Edison, said Tech Crunch. This brings the company’s total funding up to $200 million. The round was participated by...
The Competition Commission of India (CCI) is currently examining WhatsApp’s activities due to allegations of abuse filed against Facebook’s messaging service, according to an exclusive report by Reuters. The antitrust agency is looking into the WhatsApps new payment services. Sources...
John F. Smith, the founder of Vista Equity Partners, recently called for fintech companies to act toward helping small businesses owned by ethnic minorities that are affected by the pandemic, said Tech Crunch. The appeal came after Vista’s billion-dollar...
As the growing pandemic continues to plunder on in Singapore and the rest of the world, the Singapore Fintech Association (SFA) and digital payment network Razer have teamed up to provide financial assistance to local Singaporean fintech companies. Around...
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...

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