Saturday, July 2, 2022
Financial technology app Portify gained a massive £7 million in funding from the Series A funding round. The company’s huge Series A investment comes a year after it previously raised £1.3 million in 2018. Founded in 2017, Portify is a...
Swedish online financial firm Klarna has become the largest private fintech firm in Europe after raising a total of $460 million from investors who valued the company at $5.5 billion. The funding, which was led by advisory firm Dragoneer Investment...
OPay, a fintech initiative by Opera, has received $120 million through the Series B round financed by Chinese investors, TechCrunch said. The Africa-based startup will use the fund to expand its services. This new acquisition is in addition to the...
South Korea-based crypto exchange firm Bithumb has recently partnered up with Bitmax, a crypto trading platform from Singapore. Coin Telegraph noted that this new alliance will give the South Korean company “Wall Street-Level fintech expertise.” The two are also...
In this technological day and age, more and more industries are beginning the shift to more modernised modes and features. One such sector is the banking industry. A study conducted by the European Banking Federation revealed that the number...
Payment and fintech giant Global Processing Services (GPS) announced Wednesday, Nov 13, the launch of its APAC hub in Singapore. According to the announcement, which was made during the Singapore Fintech Festival, the country is set to become GPS’ new...
The financial technology startup company, Lightnet, received $31.2 million in the recent Series A funding round. The firm reportedly plans to boost its reach and visibility by making more acquisitions, says Bloomberg. Lightnet is a blockchain-based service provider that gives...
Softbank Vision Fund, a subsidiary of Softbank, is set to invest a total of $800 million in U.K. fintech Greensill, a British financing group. According to Financial Times, the investment will nearly double the British fintech’s company valuation to about...
In a post on its website, Yapily revealed that it will be partnering up with American Express to offer open banking payments in Europe through the Pay with Bank Transfer. The open banking infrastructure provider’s Europe service “will enable American...
Edinburgh-based startup Visible Capital recently acquired funds to generate employment even before its launch scheduled early next year. The Scotsman reported that the newly established fintech firm obtained a £500,000 funding from Scottish seed investor Techstart Ventures.  Visible Capital is...

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