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...
The Philippine Stock Exchange announced on Wednesday, Jan. 29, that Rizal Commercial Banking Corp. (RCBC) has been approved of the creation of a cloud-based digital bank.
RCBC is among the three entities that were given the go signal by the...
London-based cryptocurrency exchange firm, Luno, announced its partnership with Malaysian e-commerce platform Shopee on Tuesday, January 28, 2020. Following this partnership, Malaysian shoppers will now have access to particular deals that allow them to purchase and convert cryptocurrencies.
Luno is...
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...
London-based fintech startup Currencycloud announced Monday, Jan 27 that it has bagged a total of $80 million funding injection from multiple investors. The round, which was co-led by SAP’s venture arm Sapphire and Visa, was reported to have raised...
Venture capital firm Canapi Ventures announced last Wednesday, January 22, 2020, its launch of a venture capital fund amounting to $545 million. The fund is reportedly geared towards financial technology companies working with banks.
The initiative by Canapi Ventures is...
The UK-based fintech company Monese is reportedly meeting with investors to raise funding to £100 million and close its valuation to £1 billion.
According to the company insiders, Monese is closing a deal with new and existing investors to raise...
San Francisco and Lago-based fintech startup company Flutterwave obtained $35 million in capital from the recent Series B funding round. Flutterwave also announced its partnership with WorldPay FIS for bringing comprehensive payment solutions to Africa.
Apart from WorldPay FIS, other...
Boston-based accelerator Catalyst Fund announced on Monday it has secured a $15 million commitment from multinational investment giant JPMorgan and UK Aid. As part of the deal, Catalyst Fund said it will be backing up 30 fintech startups across...
Multinational financial services corporation Visa has acquired Very Good Security (VGS) a few days after investing in Plaid, said CrunchBase. The company did not publicize the amount it funneled into VGS, a firm that seeks to improve the cybersecurity...
