Wednesday, April 24, 2024
Research by Ernst & Young Global (EY) predicted Thailand as a budding contender for becoming an important fintech hub among members of the Association of South East Asian Nations (ASEAN). Fintechnews Singapore reported that the country is a strong candidate...
According to the published customer agreement guideline, the new Apple Credit Card will not allow cardholders to purchase cryptocurrencies. The card, in partnership with Goldman Sachs, restricts purchases on cash equivalents such as gaming chips, race track wagers, lottery tickets...
Nyca Partners successfully raised $210 million in the recently concluded investment funding round. Following its victorious venture capital funding round, the company plans to further invest in financial technology startups. Based on the report released by Tech Crunch, the company...
Revolut users will now be able to use its newly released brokerage platform. CNBC reports that the British company’s new service allows clients to trade stocks without paying commission. Stocks available for trading on the platform include US stocks...
Oversea-Chinese Banking Corporation (OCBC) announced Wednesday it will be introducing QR codes as an alternative way for customers to withdraw cash from its ATMs in Singapore. According to a report from Finextra, users can now simply scan a QR code...
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...
A new report from the GSM Association revealed that investments in African fintech companies quadrupled in the past year, amounting to $357 million. Fintech startups in Kenya, South African and Nigeria received the largest funding, with MTN leading the shares....
Fintech company FNZ has won a deal to acquire fintech vendor GBST for $269 million, beating other bidding competitors Bravura and SS&C. According to a report from CRN, FNZ will acquire 100% of GBST shares for $3.85 per share. This...
Financial technology startup decacorn Nubank successfully raised $400 million in the recent Series F Funding round. The funding round was led by investment firm TCV. Other investors who also participated in the Series F Funding round included existing backers such...
Horizon 2020, European Commission's funding program for research and innovation, recently awarded Fintech startup Hokodo €2 million ($2.23 million). The London-based firm, established in 2018, aims to give European small and medium enterprises access to insurance and financing, particularly those...

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