Tuesday, September 21, 2021
To foster payment service innovation, Amazon Payment Services has launched its first-ever fintech lab in Dubai. It is located at the center of the country’s financial and fintech sector, the Dubai International Financial Centre (DIFC) Innovation Hub. The Amazon Fintech...
Student loan startup MPower Financing recently obtained funding of $25 million, according to an exclusive by the Washington Business Journal. The money will be used to transform the company and expand its services. The investment was made by a new...
Financial technology firm Numida recently closed a $2.3 million infusion through a recent seed round led by MFS Africa, reported Tech Crunch. The new capital will be used to expand into other markets. Other participants in the seed round include...
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...
According to the Israel Tax Authority, the wealth fund of Israel has been postponed, and will not begin operations until 2022. The delay is because the taxes on natural gas production and other resource profits still stay under the amount...
Another fintech firm secures millions of funding from anonymous investors and is currently giving away cash on Twitter. Millions, a new company allowed brands to participate in the giveaways to draw more players. This attempt isn’t new, in fact, many...

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