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...
Fintech platform PayMongo raised $2.7 million in seed funding last September 24, 2019. Silicon Valley investors helped the financial technology payments company raise this amount.
PayMongo provides services to modern businesses in the form of accessible and more convenient online...
Razer Fintech has announced its application for a digital banking license in Singapore. Following its application, the fintech department is reportedly awaiting a decision from the Monetary Authority of Singapore (MAS).
The fintech firm is the financial technology department of...
London-based company Immo Investment Technologies acquired €11 million in the recently concluded Series A funding round, reported by TechCrunch. The Series A round was led by Talis Capital and HV Holtzbrinck Ventures. Investor Mato Peric and Investment company DST...
Japan-based financial technology firm Digital Wallet Corporation (DWC) announced last Monday, October 21, 2019, its acquisition of money transfer, remittance, and foreign exchange company Speed Money Transfer Philippines (SMTP).
Under the acquisition, SMTP will be rebranded as Digital Wallet Philippines....
A number of Chinese ventures firms are tapping into Africa’s fintech as the industry shows potential growth in mobile finance services.
OPay, a Norway-based consumer internet firm Opera recently raised $120 million from Chinese investors, Transsion. The fresh funding comes...
Siam Commercial Bank (SCB), Thailand's oldest bank, recently collaborated with Ripple to provide a remittance service called SCB Easy. Fintechnews Singapore said that this mobile application offers cross-border payments at low costs.
SCB’s vice president of commercial banking Arthit Sriumporn...
As part of its growth plans, the accredited financial institution, Truevo, has recently announced its entrance to the fintech market through the help of enterprise software and financial services company, Temenos. Founded in the year 2013, Truevo is a...
Technology-based transactions have been rapidly garnering the attention of millions of people around the world. In the United States, more and more people are using Venmo, a digital wallet that lets you make peer-to-peer payments. A subsidiary of PayPal,...
Edinburgh-based startup Visible Capital recently acquired funds to generate employment even before its launch scheduled early next year. The Scotsman reported that the newly established fintech firm obtained a £500,000 funding from Scottish seed investor Techstart Ventures.
Visible Capital is...
