Latest News Hot off the Press

March 17, 2020

Dhoni, who has invested an undisclosed sum, will also be the brand ambassador for the startup backed by Sequoia India, Tencent, and Y Combinator.

Former Indian cricket team captain Mahendra Singh Dhoni has invested an undisclosed sum in fintech startup Khatabook, which is backed by pedigreed investors like Sequoia India, Tencent, and Y Combinator. Dhoni will also be the brand ambassador for the star...

March 17, 2020

German business banking startup Penta has raised €18.5 million in the first closing of a fresh funding round backed by new and existing investors, about half a year after securing €8 million.

The fintech company has added RTP Global, which has just closed a new $650 million fund, as well as two bank-backed investment firms – ABN AMRO Ventures and VR-Ventures – to its in...

March 8, 2020

The CEO of LendingClub talks about their pending acquisition of Radius Bank, sharing the backstory and how the new "marketplace bank" will look

It rocked the fintech world. When LendingClub announced they would be acquiring Radius Bank (pending regulatory approval of course) it was a groundbreaking moment for fintech. It was the first time a fintech company had acquired a bank and suddenly the rules...

March 8, 2020

Founder Bhas Kalangi added: “The entire crowdfunding experience has represented one of the biggest successes in our start-up journey so far.

Founder Bhas Kalangi hailed the crowdfunding experience as 'one of the biggest successes' in the start-up's journey. Picture: Contributed Copyright: other

Edinburgh fintech ePOS Hybrid has raised more than £337,000 from 115 backers with a week left to go of its...

March 4, 2020

Santander Bank announced an investment of $50 million in the fintech startup Ebury, one of the largest payment and currency platforms for SMEs. This investment, part of Santander’s digital strategy to accelerate its growth by taking stakes in companies, will strengthen its international trade offer and consolidate its position as the bank of choice for SMEs that operate internationally.

Santander Ba...

February 27, 2020

Image courtesy of Economic Development Board of Bahrain

Bahrain’s government has made vital steps to encourage entrepreneurship to stimulate its economy. In doing so, it has created a startup-friendly environment, with easy access to funding, long-term visas and a regulatory environment that is responsive to startup needs.

One area where it seems to be excelling is in financial technology (fintech) w...

February 17, 2020

Contxto – Fintech Weel raised an investment and let the world know last Thursday. The startup from Brazil announced it’s closed a round for R$80 million (about US$18.5 million) through BVx, the innovation arm of Brazilian bank, BV. Plus, this banking institution will also finance Weel for up to R$800 million (US$185 million).

It’s not the first time BV invests in the startup. In...

February 17, 2020

By: Daniel Webber 

  • Prestigious list from Forbes places Ripple high in terms of valuations

  • In 2019 the firm sold $500 million of XRP, using proceeds to expand and invest $50 million in MoneyGram, which now uses XRP in 10% of its cross-border transactions to Mexico”, said Forbes

  • And the list also explored other issues and firms, such as rising valuations and digital banking

US cross bo...

February 10, 2020

Nigerian fintech startup Aella has raised a $10m debt financing round from Singapore-based HQ Financial Group (HQF). This debt financing round is Aella’s second raise and will bolster the company’s commitment to serve the underbanked population in West Africa and other emerging markets.

Aella was founded in late 2015 by Akin Jones, CEO and Akanbi Wale, CTO in Lagos, Nigeria and has remained committe...

February 10, 2020

San Francisco-headquartered HouseCanary, a Fintech firm focused on providing a real estate analytics solution, has secured $65 million through a growth funding round led by Morpheus Ventures, Alpha Edison, and PSP Growth. Following HouseCanary’s latest investment round, the firm’s total funding (to date) stands at $130 million.

Jeremy Sicklick, co-founder and CEO at HouseCanary, said that the firm’s...

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