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July 20, 2020

BANGALORE (July 20): Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of US$3.5 billion (RM14.9 billion), potentially becoming the first of India’s mega-start-ups to debut as its digital economy booms.

The start-up plans to secure about US$250 million in a round of financing at a US$2 billion-plus valuation before a September 2021 initial public offering (IPO), c...

July 15, 2020

A Revolut card (Kay/Unsplash)

Revolut customers in 49 U.S. states can now buy, hold and sell bitcoin (BTC) and ether (ETH) on the digital bank’s crypto platform. 

The British fintech firm entered the U.S. in March and waited until it had already established its core products in the country before launching bitcoin services as well, said Revolut crypto chief Edward Cooper.

Revo...

July 9, 2020

Railsbank, a UK based Fintech and open banking service provider, has crossed the Atlantic to open up operations in the US with the acquisition of its first customer – Unifimoney, according to a release.

Simultaneously, to support the North American expansion, Railsbank has hired Dov Marmor as Chief Operating Officer, North America. Marmor, formerly with Green Dot, will be based in Santa Monica....

July 9, 2020

Bitso, one of Latin America’s largest digital asset exchanges, has reportedly reached 1 million users before its planned launch in Brazil.

Santiago Alvarado, director of international payments at Bitso, recently talked about how cryptocurrencies might help with settling cross-border transactions in Latin America. Alvarado, whose comments came during a Unitize panel (held on July 8, 2020), was joined...

July 8, 2020

Australia-based fintech company PictureWealth Holdings has raised US$8.3 million in private equity and debt for its late seed funding round.

This follows the startup’s US$920,000 seed raise in 2017.

From left: PictureWealth chairman Neal Cross, group CEO David Pettit, and group chief operating officer Mark Edman / Photo credit: PictureWealth

PictureWealth’s digital services cover financial adviso...

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