Financial technology and payments start-up Xendit has secured $150 million in a Series C investment round in Jakarta, raising its worth to around $1 billion. The company launched in the Philippines in December. A "unicorn" is a privately held...
UK retirement plan technology company Smart Group recently announced the opening of its U.S. headquarters in Chicago.
The new office, which is set to open in fall, will be based in the Western Loop. The company plans to staff the...
Episode Six, a U.S.-based payments technology provider, announced Wednesday it has secured a $7 million funding commitment from numerous investors in a recently closed Series A funding. The round was led by HSBC, with the participation of Mastercard and...
Indonesia-based fintech startup SuperAtom has secured a $24 million funding led by Gobi Partners, a venture capital firm focusing in Northeast and Southeast Asian markets, through the Meranti ASEAN Growth Fund.
According to a report from Medium, the company is...
Financial and banking regulators in China are looking into Internet platforms and their fintech operations to limit the risks of cybersecurity in the country.
The recent decision to summon Alibaba Group’s Ant Group came after reports on universal problems, not...
Australian Prime Minister Scott Morrison has appointed Sen. Jane Hume as a cabinet member responsible for overseeing financial services and financial technology.
Sen. Hume will assume the office of Assistant Minister for Superannuation, Financial Services and Financial Technology. She will...
Startup company Payhawk obtained $20 million capital during the funding round led by QED Investors and participated by previous investor Earlybird Digital East, reported Tech Crunch. The firm seeks to create a unified cash flow management service.
As described on...
South Africa’s first-ever peer-to-peer insurance platform, Pineapple, has won the top prize at a recent fintech competition held in the United States last September and October, bagging a total prize of R22.5 million.
According to a report from Business Tech,...
Fintech firm Kakao Pay announced plans to go public in South Korea in the first half of 2021, following its success in the digital payments and non-life insurance products.
The country’s largest mobile payments service provider selected local brokerage KB...
Novo recently announced its partnership with Xero in a bid to become the company's first U.S. digital banking platform partner.
The partnership of the mobile banking platform and the global cloud accounting provider enables Novo customers to update their business...
