Fast Growing Startup Canopy Enjoys $15M in Series A Funding
Just recently tech startup Canopy has finalized Series A fundraising amounting to $15 million. Canopy’s chief product is software that is used by financial institutions....
Hackers Leak 1M Credit Cards on the Dark Web
One million stolen credit cards have been posted by hackers on the Dark Web through AllWorld.Cards. The act was reportedly done by cybercriminals in...
Jupiter Raises $45M Via Nubank Investment
Bangalore and Mumbai-based neobank Jupiter successfully raised $45 million in a Series B financing round. This brings the total amount raised by the company...
BigPay Receives Up To US$100 Million Investment From SK Group
BigPay, a top fintech business in Malaysia has received up to US$100 million in funding from SK Group’s South East Asia Investment. As a...
Carter’s Says Child Tax Credit May Boost Children’s Apparel Business
Carter’s, an American retailer for children’s apparel, says that with the new child tax credit rolling out across the United States, and as the...
Titan Raises $58M in Series B Investment Round
New York-based investment and financial technology firm Titan announced Tuesday, July 20, 2021, that it had successfully raised $58 million in its Series B...
Virgin Money is Optimistic as Consumer Lending Rises
After announcing a rise in residential and commercial lending in the third quarter as COVID-19 limitations loosened, British bank Virgin Money upped its profitability...
Certain Travel Insurance Policies Have No Self-Isolation Coverage
Cancellation expenses of tourists who are instructed to self-isolate due to a close Covid-19 contact will not be covered by several travel insurance policies.
According...
Survey Discovers Central Banks and Wealth Funds Going Greener
In a recent article of Business World, one of the biggest, yearly investor surveys has revealed an increasing behavioral shift in central banks, sovereign...
China Surpasses US in Lightning Fast Investment Campaign
China is preparing to establish a sizable solar panel module plant in Malaysia while at the same time in Laos it is taking steps...
US Govt Has Forgiven Around $400B in PPP Loans
The Pandemic Response Accountability Committee (PRAC) reported that the government of the United States has forgiven a total of $394.6 billion of loans through...
SG Digital Wealth Manager Syfe Raises $30 Million in Series B Funding
Singapore-based digital wealth manager slash Robo-advisor Syfe successfully raised $30 million in its recent Series B investment round. The funding round comes after it...
Unilever Invests $277 Million To Boost Production On Its Mexican Factories
For the next 3 years, Unilever reveals that it aims to increase production and exportation rate with $277 million (5.5 billion pesos) investment on...
MetLife Announces New Pet Insurance Product
MetLife, Inc., a financial services company, has introduced new pet insurance intending to expand pet insurance coverage and meet the diverse financial demands of...
Younited Credit Yields $170 Million in Fund Round
Younited Credit, a France-based company, has secured $170 million in fund round. Consumers in Europe can choose from a variety of credit options offered...
Life360 Family App Unveils Investment Round Worth $2.1 Million
Life360, a family social networking and tracking app, has unveiled a new funding round that will work alongside celebrity investors and influencers. To assist...
Israel Wealth Fund Gets Postponed Due To Low Tax Revenue
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...
Taiwan Government Offers T$150 Billion in Loans For Local Businesses
On Thursday, Taiwan's Cabinet said that the government decided to give another T$150 billion in loans. This move is part of a plan to...
Bolttech InsurTech Earns Unicorn Status with $180 Million Series A
Bolttech, a global InsurTech firm, has raised $180 million in a Series A funding round. The company, which debuted in Asia in 2020, now...
Sterling Construction Modifies Credit Agreement with BMO Harris Bank
Sterling Construction Company, Inc. has modified its current credit agreement with BMO Harris Bank, its lending group. It has revealed that numerous terms of...
Lu International Partners with Schroders Singapore For Digital Wealth Management
To develop digital wealth solutions for Southeast Asia, Lu International (LUI) Singapore, a global subsidiary of Lufax Holding financial service provider, has formed an...
BUX Releases Zero-Commission Investment App in Ireland
BUX, a fast-growing neobroker in Europe, has released BUX Zero, a commission-free investing app now downloadable in the Apple App Store and Google Play...
RUSI Research Reports Disadvantages of Cyber Insurance
To protect companies from the cyberattack’s financial consequences, including the expenses of addressing the issues, cyber insurance is created.
However, critics claim that insurance enables...
Swedish Fintech Klarna Teams Up with Two Climate Change Campaigns
Klarna, a Sweden-based fintech company, is the first to support two major climate change campaigns. The partnership with Climate Pledge and the Race to...
HSBC Pledged $5 Billion in Business Financing to Assist the UAE’s Economic Development
On Sunday, June 27, 2021, HSBC stated that they are pledging $5 billion in financing to "outstanding" firms in the United Arab Emirates to...
DBS Bank Singapore Reports Payment Processing Fault
DBS Bank Singapore reported on June 18, Friday that some of its credit and debit cards experienced an error in their payment processing, which...
Twitter Ban Could Damage Nigeria’s Tech Investment Future
Nigeria’s future as potentially Africa’s biggest tech hub could be seeing serious setbacks due to a recent ban on Twitter.
The Nigerian government has decided...
Bank of Japan Launches Lending Facility To Combat Climate Change
The Bank of Japan (BoJ) has announced that it will offer a lending facility to assist banks in combating climate change. This action is...
Amazon Payment Services Launches Fintech Lab in Dubai
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...
Buffett-Owned Berkshire Hathaway Invests $500M in Nubank
Brazilian challenger bank Nubank gained a massive $750 million funding in its recent Series G financing extension round. The financing round was led by...
