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...
John F. Smith, the founder of Vista Equity Partners, recently called for fintech companies to act toward helping small businesses owned by ethnic minorities that are affected by the pandemic, said Tech Crunch. The appeal came after Vista’s billion-dollar...
As the growing pandemic continues to plunder on in Singapore and the rest of the world, the Singapore Fintech Association (SFA) and digital payment network Razer have teamed up to provide financial assistance to local Singaporean fintech companies. Around...
Jakarta-based insurance technology startup company Qoala recently raised $13.5 million in the Series A funding round. The massive investment in the fintech firm comes amid the growing economic impact of the virus pandemic across Southeast Asia and the rest...
A new round of investment led by V Capital Investments (VCI) will help Cross River Bank (CRB) offer innovative fintech to a larger sector of the public in South East Asia, particularly in Malaysia.
The partnership is part of CRB’s...
Australia-based fintech startup Airwallex reached unicorn status as it obtained a massive $160 million in Series D funding. According to Bloomberg, the recent investment brings the total valuation of Airwallex to a total of $1.8 billion with approximately $360...
London-based fintech company Lanistar was officially launched on Thursday, March 26, after securing a seed funding of £2 million.
The company, founded by Gurhan Kiziloz, aims to reach a unicorn status and challenge traditional banking services in London. While...
Digital bank Green Dot recently announced that it will be taking fintech veteran Dan Henry as its new president and chief executive officer, as well as a member of the board of directors. PYMTS reported that Henry will be...
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...
British company Revolut recently allowed buying and selling gold for Premium and Metal members. In a blog posted on its website, the company said that it is entering the precious metals sector through exposure. However, it also warned that...
