Wednesday, October 4, 2023
Indonesian financial technology firm Pluang successfully raised $3 million from the recently concluded Series A funding round. Go-Venture, a capital venture fund, spearheaded the campaign. Go-Venture is the investment arm of Gojek. Prior to supporting the fintech firm, Go-Ventures already...
French fintech startup company, Lydia, successfully raised $45 million in the recent Series B investment round. The Lydia application is reportedly popular in the country, with numerous users every day. The Lydia app is a mobile payment program designed to...
In the move to facilitate the growth of emerging startups in Europe, global payments company Mastercard announced the launch of Fintech Express on June 2. The Fintech Express program will enable businesses to add payment solutions, set digital-first services, and...
Danish fintech startup Cardlay is taking the next step to expand its reach throughout Europe by a partnership with financial services giant Mastercard. Under the said agreement, Cardlay’s white-label expense management solution, as well as its automatic VAT reclaim, will...
UK fintech company Ipagoo that was under investigation since July this year for failure to segregate customer’s money on its own, has found a buyer. The Anglo-Dutch investment group Chairman Financial has agreed to buy the company and get exclusive...
Fintech unicorn Monzo announces plans of expanding outside of the United Kingdom. Last Thursday, June 13, 2019, the company announced that it will be entering the United States territory. With valuations amounting to over 1 billion pounds, The Verge reports...
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...
The Monetary Authority of Singapore (MAS) recently revealed that it is looking into the possibility of authorizing virtual banks (also called digital-only and challenger banks) to operate in the country, says The Strait Times. This comes after a representative...
Singapore Exchange is tapping on the investment research network with its newest local-based fintech company investment Smartkarma. The move comes with SGX’s initiative to create growth opportunities for Smartkarma in terms of alternative data sourcing in investment research. Together with Sequoia...
The digital payments industry of Vietnam has been showing signs of robust growth and expansion, said Fintechnews Vietnam. This development is due to the actions taken by several entities including industry players, agreements and the Vietnamese government. This comes...

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