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Creator of App for Remittances to Africa and Asia Raises $65 Million in Series B Round
26.12.2021
Tap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform. Remittances to Overlooked Countries The fintech startup behind...
French fintech startup Lydia raises $100 million in series C funding round
8.12.2021
The series C funding round was led by existing investors Tencent and Accel
South African Fintech Raises $120 Million in Funding Round Led by Fidelity
14.11.2021
A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also...
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals
3.10.2021
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will commence soon and will be conducted with the support of a fintech startup based in Japan. Central Bank of Laos Joins Race...
Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees
17.4.2021
Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market,...
[aktualita] Český fintech startup BudgetBakers získal investici 6,25 milionů eur
14.4.2021
Provozovatelé aplikace Wallet na správu osobních financí hlásí novou investici z Nizozemska. Celkem 6,25 milionu eur (v přepočtu cca 160 milionů Kč) získal český startup BudgetBakers od spoluzakladatelů evropského online brokera DEGIRO Jaspera Anderluha a Nielse Kloka. Firma o tom informovala...
Cardano’s Cfund First Capital Goes to Israeli Fintech Startup Coti
7.4.2021
This latest move to broaden cooperation between Cardano and Coti builds upon previous collaborations as the former seeks to upgrade its payment solution on top of the former’s expanding financial infrastructure. Strategic Investment Marks First Allocation for New Ecosystem Venture Fund One...
7 Challenges Facing Fintech Startup and Their Solutions
6.2.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
FinTech startups seek to provide the consumer as well as businesses varied options when it comes to money management. Notwithstanding the various benefits associated with this revolution in the field...
New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card
21.2.2020
Monaco-based financial firm Bitsa has enabled users to top-up their crypto cards with major privacy-focused coin Monero
Twitter Co-Founder-Backed Fintech Startup Rolls Out Bitcoin Banking App
4.2.2020
UK-based fintech firm Mode, which is backed by Twitter co-founder Biz Stone, has launched its Bitcoin banking app on iOS devices
Fintech Startup Aims to Create New Asset Class With ‘Continuous’ ICO Model
16.1.2020
A newly launched fintech firm hopes to leverage the token sale model to back investments in real-world assets. But it's taking a different approach than many previous projects
$4 Billion US Fintech Startup Sofi Receives New York Bitlicense
4.12.2019
Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...
Fintech Startup DEXTF Raises $460,000 in Oversubscribed Seed Funding Round
8.11.2019
In an important development in a FIntech startup, DEXTF (Decentralized Traded Funds) has been able to raise $460,000 in seed funding. DEXTF garnered an oversubscribed response in a funding round with SGInnovate and LuneX Ventures. Investment Platform DEXTF is a platform where investors...
5,200 Tobacco Shops in France Now Sell Bitcoin
11.10.2019
Bitcoin can now be purchased at 5,200 tobacco shops in France. Fintech startup Keplerk launched the service on Oct. 10 after halting it for many months. France’s 24,000 licensed tobacco shops have diversified into non-tobacco products to boost revenue. Also read: IRS Issues New Crypto...
Fintech Startup Rapyd Raises $100M for Cloud-Based Payment Platform
1.10.2019
Rapyd raises $100 million to develop a unified cloud-based technology fintech and payment platform
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Stripe Worth $35 Billion After Raising $250 Million in New Funding Round
19.9.2019
Fintech startup Stripe is valued at $35 billion during funding round that garnered $250 million to expand its global reach
Go-Ventures Backs Fintech Startup ‘Pluang’ By Offering US$3 Million Funding
11.9.2019
The Indonesian fintech firm, Pluang has come into limelight after receiving a US$3 Million for Series A funding from reputed venture capital fund, Go-Ventures. Go-Venture’s collaboration with Pluang will be serving to facilitate marketing, technology advancement, and improvements, along with...
$23 Million Fintech Startup Fund Established by Accion Venture Lab
4.9.2019
For the past five years or so, the Fintech sector has grown at a breakneck pace and has quickly become a multibillion-dollar industry spread across the world. The easy availability of data, the advancements in technology and the innovative ideas of a range of Fintech startups have made the industry...
French Fintech Startup Joko Raises 1.6 M Euros To Help Users With Credit Card Rewards
4.7.2019
Over the last five years, Fintech has grown into one of the hottest industries in the world and has grown by leaps and bounds across many countries. While the United States, United Kingdom, and China remain the leading lights of the new Fintech charge, other parts of Europe have also become active...