Mobile banking startup, Chime, has recently raised $200 million from its pool of investors. The company is now valued at $1.5 billion.
Its Series D funding is spearheaded by DST Global. In addition, Reuters reports that its recent round of...
Student loan startup MPower Financing recently obtained funding of $25 million, according to an exclusive by the Washington Business Journal. The money will be used to transform the company and expand its services.
The investment was made by a new...
In a bid to facilitate faster payments in crypto trading, Sygnum Bank, the world’s first digital asset bank, announced Monday the launch of its digital Swiss Franc token, labelled DCHF.
In a press release, the company described the latest digital...
Europeans remain wary about using the latest financial technology even if it will make purchasing goods and other monetary transactions more convenient, according to a survey by ING.
The insurance giant's 7th annual survey on attitudes towards financial technologies revealed...
Australian online bank UBank recently partnered up with fintech company Basiq to provide detailed monitoring services, reported Finder. To be available in July 2020, the service will allow UBank customers to view insights and predictions about their spending behavior.
The...
The fintech sector in Southeast Asia can expect a significant boost in the coming years, said Entrepreneur. With its steady growth, its value is predicted to cross $1 trillion in six years.
This forecast comes after a collaborative study by...
UK Fintech startup, Curve, announced it will launch an office in Brooklyn, New York, as a move to expand operations in the United States.
Curve is the first-ever fintech firm to open an office in Brooklyn, which is expected...
Australia’s high-speed mobile internet is yet to flourish but it will not allow Chinese telecommunication equipment Huawei and ZTE to its borders.
Former Prime Minister Malcolm Turnbull said that the government tried hard to find ways to let these companies...
Experts predict that the use of artificial intelligence in fintech will have a 26.21% compound annual growth rate (CAGR) from 2019 to 2024, according to PR Newswire. This could indicate growth from 2018’s $1.44 billion to a whopping $5.677...
Fintech powered by AI, big data, and machine learning will revolutionize financial services before they impact the automobile industry by producing driverless cars, Karen G. Mills, a Harvard Business School Senior Fellow and a member of the Obama cabinet...
