United Kingdom-based fintech firm Tide successfully raised £44 million in funding in the first Series B Funding round. The round was spearheaded by Japanese company The SBI Group.
Apart from The SBI Group, another company that helped lead the recent...
Hope Trust, a fintech trust and care planning service and platform designed specifically for people with special needs has formed a collaboration with BMO Harris Bank.
Hope Trust technology allows users to create a customized special needs care plan. By...
Chinese company Tencent is looking at the University of Hong Kong (UHK) for IT talents in an endeavour further financial technology research. According to Yahoo Finance, the IT giant recently moved for a memorandum of cooperation with the institution....
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 the taxes on natural gas production and other resource profits still stay under the amount...
Credit-focused startup Upgrade received a 40 million-dollar funding from the Series D round led by Santander InnoVentures, said Tech Crunch. This brings its valuation up to $1 billion, according to the company.
Upgrade is known for offering services related to...
Technology-based transactions have been rapidly garnering the attention of millions of people around the world. In the United States, more and more people are using Venmo, a digital wallet that lets you make peer-to-peer payments. A subsidiary of PayPal,...
UK fintech company Bud was able to raise $20 million from HSBC, Goldman Sachs, ANZ and other giants in the banking and financial world. Also involved in the fundraising round are venture capitalists Investec’s INVC fund, InnoCells, and 9Yards...
The Kingdom of Saudi Arabia has announced its intention to establish itself as a center of financial technology during the MEFTECH conference, reported Arab News. Ahmed Alkholifey, KSA’s Monetary Authority governor, said that the Kingdom is formulating a strategy...
TrueLayer, a London-based fintech start-up, has obtained $70 million worth of new funding, demonstrating that investors are still interested in fast-growing financial technology companies.
TrueLayer uses application programming interfaces (APIs) to link fintech apps such as Revolut and Freetrade to...
London-based fintech company SumUp Inc. has secured a $371 million loan backed by Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners.
According to a report from Bloomberg, the six-year-old mobile payment startup company...
