Hong Kong's AMTD, the digital finance arm of AMTD Group, is set to make its third Singapore fintech acquisition this year through the purchase of a controlling stake in FOMO Pay, a one-stop mobile payment platform provider.
“Payment is the...
A malware campaign is currently targeting financial technology companies in Israel, according to SC Media. At the forefront of this attack is an upgraded version of the Cardinal remote access trojan (RAT), which is considered as rare due to...
American multinational investment bank Goldman Sachs is providing a secured credit facility of $100 million to Latin America fintech startup Konfio.
Mexico’s Konfio Ltd. records and analyzes credit behavior of customers, responding to companies after the reimbursements in less than...
Mumbai-based financial technology startup company SuperMoney successfully garnered $1 million in a pre-series A financing round. Unitus Ventures reportedly led the said round.
SuperMoney is a financial lending platform that offers customers numerous services. Its current offerings include savings, insurance,...
Nigeria-based fintech company Paga announced a partnership with global payment company Visa to accelerate growth in mobile payments for merchants in Africa.
Under the new partnership, all Paga account holders can access Visa’s credentials, both physical and virtual cards,...
Superstore chain Walmart is currently offering installment loans for customers who are doing their gift shopping this holiday season. Kare11 reported that huge companies are giving this option through financial technology platforms.
Buy now, pay later offers are made available...
The Mexican Central Bank is working closely with Amazon.inc to help launch a new mobile payment system name CoDi in their country. This initiative is supported by the government, allowing customers to pay for their goods through the use...
Experian Australia & New Zealand announced Aug. 21 its acquisition of Aussie startup Look Who’s Charging.
The bid combined fintech company’s data solutions and enrichment capabilities. Look Who’s Charging provides users of detailed clarification of unrecognized bank transactions with different...
One of world’s biggest financial services company Mastercard is launching a next-generation support tool aimed to promote innovation in the Fintech sector.
‘Accelerate 2.0’ provides access to Mastercard’s insight, tools, technology and investment. According to Banking Tech, the company invested...
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...
