Australian company Airwallex has been confirmed to be a fintech unicorn after the Series C fundraising round. Led by DST Global, the successful round resulted in an additional $100 million to its funds, amounting to a value of over...
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...
Hong Kong-based digital payment services platform Statrys has raised $5 million in a funding round led by an angel investor. The investment round was conducted in a closed-door funding arrangement.
Founded in 2018, the financial technology startup provides digital payments...
Another fintech firm secures millions of funding from anonymous investors and is currently giving away cash on Twitter. Millions, a new company allowed brands to participate in the giveaways to draw more players.
This attempt isn’t new, in fact, many...
With the strong need to innovate, the financial services industry has been getting onboard various technological trends including artificial intelligence (AI) and machine learning (ML). FintechNews Singapore reports that 3 out of 4 banks in Asia deems AI and...
Following its announcement to enter a definitive agreement with fintech company Acima Holdings LLC, Rent-A-Center Inc.’s stocks increased to a massive 10 percent on Monday, December 21.
The deal is reportedly around $1.65 billion, with an upfront $1.273 billion in...
Fintech company Jibrel won the recently concluded 2019 Fintech Abu Dhabi Innovation Challenge, said the Khaleej Times. The firm won with its blockchain-based platform, Jibrel.com.
Jibrel’s blockchain project allows startup companies and their investors to connect more efficiently and effectively....
UK-based fintech company, Jaja, sets its sights on acquiring the Bank of Ireland’s credit card business. Following this, the financial technology firm reportedly paid $671 million in cold, hard cash.
Last week, the mobile business Jaja announced that it will...
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...
Durham-based software provider Spreedly announced a $75 million growth investment from Spectrum Equity, last Nov. 13, 2019.
Spreedly is a leading provider of online and mobile payment operations software that enables the high growth of global businesses. According to the...
