Qupital, a start-up company based in Hong Kong acquires $15 million Series A funding. The funding round was led by CreditEase Fintech Investment Fund (CEFIF), according to Tech Crunch. The fintech company has now procured around $17 million from...
US financial technology giant FIS has acquired British payments processing firm Worldpay for $43 billion.
The acquisition, which was billed as a merger, will give FIS shareholders a 53% stake in the combined company, while Worldpay investors will have 47%.
The...
Digital finance platform giant Frollo announced Monday, September 2, that it has acquired Al-powered startup Hip Money.
According to a report from Business News Australia, the fintech company sees Hip Money's AI technology as a perfect match to its offering,...
Singapore witnessed a huge jump in the number of consumers and establishments that opted for financial technology options, FintechNews Singapore reports. This significant increase in the adoption of fintech services occurred between 2017 and 2019, resulting in a three...
Deutsche Bank, one of the world's leading financial service providers, announced Thursday, Sept 19, it has acquired a 4.9% stake in German-based fintech Deposit Solution.
According to CNBC, the recent deal makes Deposit Solutions become the second among Germany’s largest...
London-based fintech company SumUp Inc. has secured a $371 million loan backed by Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners.
According to a report from Bloomberg, the six-year-old mobile payment startup company...
Swiss financial technology startup company, Numbrs Personal Finance, has recently been touted as the latest company to reach unicorn status in the industry. The business is now reportedly valued at $1 billion.
Numbrs Personal Finance provides a mobile banking application...
