The Competition Commission of India (CCI) is currently examining WhatsApp’s activities due to allegations of abuse filed against Facebook’s messaging service, according to an exclusive report by Reuters. The antitrust agency is looking into the WhatsApps new payment services.
Sources...
Los Angeles-based financial technology firm Aspiration gets a $135 million infusion as a result of a funding round led by Alpha Edison, said Tech Crunch. This brings the company’s total funding up to $200 million.
The round was participated by...
Nigerian credit startup firm Migo raised $20 million in the recent Series B funding round. The company is the latest fintech business to gear its services towards Africans in need of credit.
The Series B funding round was led by...
In the move to facilitate the growth of emerging startups in Europe, global payments company Mastercard announced the launch of Fintech Express on June 2.
The Fintech Express program will enable businesses to add payment solutions, set digital-first services, and...
In an effort to digitize its bank, Swiss investment banking giant UBS Group is set to launch a venture fund targeting fintech companies overturning traditional banking.
According to a report from Bloomberg, the Swiss wealth manager has prepared “hundreds of...
Los Angeles, California-based financial technology platform Stackin’ successfully raised $12.6 million in a Series B investment round. The text-messaged based financial platform’s recent funding was led by Octopus Ventures.
Apart from Octopus Ventures, the Series B financing round saw participation...
Personal financial management startup Lanistar received a £15 million capital funding from Milaya Capital, as it gears towards commercial launch in the fourth quarter this year.
The capital funding from Milaya Capital provides VC a 10 percent stake in 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...
Chinese tech company Huawei recently announced its participation in the digital payments arena with a cloud-based solution, according to a post on the firm’s website. This new service was announced during the Better World Summit 2020.
During the Summit, Director...
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...
