LATEST NEWS

Paytm Instant Credit Service

Paytm’s Instant Credit Service Offers Flexible EMI Options

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India’s leading digital financial services platform Paytm announced Monday, November 23, 2020, that it has launched flexible Equated Monthly Installments (EMIs) for its postpaid...
African Firm Chipper Cash Funding

African Firm Chipper Cash Receives Series B Funding from Bezos

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African financial technology company Chipper Cash landed a $30-million deal in its Series B funding round. The round was led by Ribbit Capital with...
Ratehub Enters Mortgage Market

Ratehub Enters Mortgage Market, Focuses on Digital Services

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A press release by Ratehub Inc. on Newswire Canada revealed that the Canadian financial technology firm now has operations in the mortgage market called...
Cloud Service Provider CloudBolt

CloudBolt Announces $35M Series B Funding

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Cloud service provider CloudBolt recently raised $35 million led by Insight Partners, to elevate the hybrid cloud environment and develop multi-tools for innovation. Out of...
Turtlemint Series D Funding

Turtlemint Raises $30M in Series D Funding Round

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Mumbai-based insurance technology firm Turtlemint has successfully raised $30 million in its recent Series D funding round. The Indian startup company helps provide users...
US Stocks Dow After Moderna Vaccine Breakthrough

US Stocks Nears 30K Dow After Moderna Vaccine Breakthrough

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Following a successful preliminary trial data of COVID-19 vaccine by Moderna, the U.S. stocks jumped to a 30,000 record, indicating a long haul investing. Drugmaker...
First National Bank FICA Glitch

First National Bank FICA Glitch Caused Credit Card Issues

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Credit card customers of the South African bank First National Bank (FNB) recently suffered from technical issues due to the Financial Intelligence Centre Act...
Kuda Funding

Nigerian Fintech Kuda Raises $10M for Mobile-Based Services

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Nigeria-based financial technology startup Kuda announced on Wednesday, November 10, 2020, that it had successfully raised $10 million in funding. According to Tech Crunch,...
Housing Development Finance Corp Lowers Home Loan Rates

Housing Development Finance Corp Lowers Home Loan Rates by 0.10%

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Housing lender Housing Development Finance Corp. (HDFC) revealed that it will be lowering its retail prime lending rate (RPLR) for mortgages, said Live Mint....
Nuro Series C Investment Round

Nuro Raises $500M in Series C Investment Round

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Autonomous delivery startup company Nuro announced its successful foray into a Series C investment round on Monday, November 9, 2020. In its press release,...
Vero and Good Shepherd Low-Income Car Insurance

NZ’s Vero and Good Shepherd Plans Low-Income Car Insurance

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New Zealand insurance firm Vero partnered up with charity organization Good Shepherd to offer auto coverage for low-income earners through a trial run, said...
Reef Technology Raises Funding

Reef Technology Raises $700M From SoftBank and Abu Dhabi Wealth Fund

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Miami-based startup Reef Technology, formerly ParkJockey, received massive attention from giant investors like SoftBank and Mubadala Corp., raising a total of $700 million. The company...
SoFi Credit Card for Paying Off Loans

SoFi to Launch a Credit Card for Paying Off Loans

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Digital financing company SoFi recently announced its plans to release a credit card that rewards users by paying off their debts. In a press...
Digital Payment Services Platform Statrys

Statrys Gains $5M in Angel Investment Round

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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...
Reforming Lending Policies

Europe Reforms Lending Policies to Boost Non-Bank Lending

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As Europe remains on top of non-bank lending, it continues to protect its growth rate by reforming lending policies to boost a new framework. The...
Brantu Raises Seven-Figure in Series A

Fashion E-Commerce Brantu Raises Seven-Figure in Series A

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Egypt-based fashion e-commerce platform Brantu successfully raised a seven-figure investment in its recent Series A funding round. The round was led by Sawari Ventures,...
Cyber Insurance Faces Risks

Cyber Insurance Sector Faces Risks

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Over the past years, cyber insurance has been getting traction because of the need to protect systems against malicious attacks. However, a few claims...
Hub24 and Xplore Wealth

Hub24 Lobs $60M Capital to Acquire Xplore Wealth

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Wealth management firm Hub24 has entered a multimillion bid to acquire finance advisory company Xplore Wealth, injecting $60M as capital. The acquisition consists of a...
American Express Launched New Program

American Express Offers Uber Eats Perks

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American Express recently launched its new program that lets customers enjoy more perks when they order from Uber Eats, reported CNBC. This move is...
Lufax Aims US IPO

Chinese Fintech Lufax Aims for $2.4B US IPO

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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....
StreetShares Lending Tech Expansion

StreetShares Gains $10M in Funding for Lending Tech Expansion

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Reston, Virginia-based financial technology company StreetShares announced last Thursday, October 22, 2020, in its press release that it had successfully secured a $10 million...
United Nations to Invest in Culture for Global Solidarity

United Nations Calls to Invest in Culture for Global Solidarity

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In the midst of the pandemic where nations are fighting for survival, the United Nations calls to invest in culture and bring countries to...
Blackpoint Cyber Liability Insurance Product

Blackpoint Unveils Cyber Liability Insurance Product for MSPs

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Blackpoint Cyber recently revealed its new product Blackpoint RISK, cyber liability insurance for its partner companies and their clients, reported PR Newswire. The product...
Intel to Sell NAND Business to SK Hynix

Intel to Sell NAND Business to SK Hynix for $9B

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In a joint statement on Tuesday, October 20, 2020, SK Hynix and Intel announced that the latter would be selling its NAND flash memory...
Paytm Rolls Out 2M Credit Card

Paytm Rolls Out 2M Credit Card in India

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E-commerce payment system firm Paytm will introduce new credit cards to innovate the masses’ digital experience in managing credit online. The company announced on Monday,...
UNICEF Backs 5 PH Fintech Firms

ING, UNICEF Backs 5 PH Fintech Firms

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Global financial institution ING and the United Nations Children’s Fund (UNICEF) have revealed its pick of five fintech startup companies in the Philippines for...
Wells Fargo Pandemic Loan Fraud

Wells Fargo Fires Over 100 Employees Over Pandemic Loan Fraud

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Wells Fargo & Co. has fired more than 100 employees last Wednesday, October 14, 2020, after saying they participated in defrauding a COVID-19 pandemic...
Arrival Gets Investment from BlackRock

Vehicle Startup Arrival Gets $118m Investment from BlackRock

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United Kingdom-based electric vehicle startup company Arrival gets the support of its latest investor, United States funds manager BlackRock Inc., with a $118 million...
Swiss Re Inks Deal with Daimler

Swiss Re Inks Deal with Daimler to Expand Auto Insurance

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Daimler Insurance Services formed a strategic partnership with reinsurer Swiss Re to offer automotive insurance services to calculate risk. Two companies form Movinx, Berlin-based mobility...
Aggregate Billionaire Fortunes Peaks

Study: Aggregate Billionaire Fortunes Peaks at $10.2T

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A study by the Union Bank of Switzerland (UBS) and PricewaterhouseCoopers (PwC) revealed that the total wealth owned by the world’s billionaires has spiked...