According to the Israel Tax Authority, the wealth fund of Israel has been postponed, and will not begin operations until 2022.
The delay is because the taxes on natural gas production and other resource profits still stay under the amount...
BigPay, a top fintech business in Malaysia has received up to US$100 million in funding from SK Group’s South East Asia Investment. As a strategic partner, SK, one of South Korea's largest conglomerates, acquired the rights to join BigPay's...
PayPal subsidiary Venmo now allows cryptocurrency purchases through the use of cashback. The announcement came on Tuesday, August 10, 2021, stating that users are now allowed to buy cryptocurrency on cashback made from their purchases via the “Cash Back...
Just recently tech startup Canopy has finalized Series A fundraising amounting to $15 million. Canopy’s chief product is software that is used by financial institutions. Canopy’s software makes it possible for said financial institutions to develop loan programs then provide...
Following the acquisition of a banking agent license in Egypt, Dopay aims to introduce a high-performance platform for virtual banking are on schedule. The fintech company’s banking agent license has been granted by Arab Banking Corporation (ABC) Egypt, as...
Fintech Milo, a company offering international clients direct lending mortgage options, has unveiled a new broker unit for wholesale mortgage partners across the U.S.
With a fully digital lending service, Milo provides foreigners loan and mortgage team processing expertise for...
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...