Tagged: fintech

September 16, 2023 @ 10:32 am By Michael Wong  |  

London-based fintech firm Hyperjar, celebrated for its digital payment solutions and personalized rewards system, has announced raising $24 million in a Series A funding round backed by Susquehanna Private Equity Investments and the Healthcare of Ontario Pension Plan. Having its roots in 2016 and officially… Read More

September 16, 2023 @ 10:18 am By Michael Wong  |  

The recently introduced ASEAN QR Code innovation promises to open up a broader market for micro, small, and medium enterprises (MSMEs) by facilitating seamless cross-border payments, Pandu Sjahrir, the legacy lead of ASEAN QR Code, told Indonesia’s news agency ANTARA. This integration offers a platform… Read More

September 14, 2023 @ 8:52 pm By Michael Wong  |  

ADGM (Abu Dhabi Global Market), the International Financial Centre in the UAE’s capital, has showcased impressive growth during the first half of 2023, solidifying Abu Dhabi’s position as a ‘falcon economy’ and a predominant financial powerhouse in the GCC region. The number of investment firms… Read More

September 11, 2023 @ 10:50 pm By Michael Wong  |  

Under its chairmanship of ASEAN this year, Indonesia is placing a strong emphasis on the expansion and enhancement of the region’s local currency transaction (LCT) network. The move is aimed at fortifying trade and investment, streamlining cross-border payments, and advancing financial asset substitutability. Iss Savitri… Read More

September 4, 2023 @ 9:51 am By Michael Wong  |  

International Finance Corporation (IFC), a member of the World Bank Group, and Nepal Rastra Bank (NRB) formalized an agreement to strengthen the fintech ecosystem in Nepal, focusing on increasing the adoption of electronic payments and fostering innovation in digital financial services. This collaboration is part… Read More

September 2, 2023 @ 9:19 pm By Michael Wong  |  

ACE Money Transfer, a fintech company based in Manchester, United Kingdom, has reinforced its longstanding partnership with Bank Alfalah, one of Pakistan’s commercial banks, to facilitate seamless remittance transactions for overseas Pakistanis. The collaboration was proudly announced along with Babar Azam, the Pakistan National Cricket… Read More

June 20, 2023 @ 11:02 pm By Omar Faridi  |  

Finance Secretary Benjamin E. Diokno and Ambassador of India to the Philippines Shambhu Santha Kumaran signed a memorandum of understanding (MOU) on June 19, 2023 at the Department of Finance (DOF) office in Manila “to enhance cooperation between the Philippines and India in the field… Read More

December 7, 2022 @ 4:01 pm By JD Alois  |  

Fitch Ratings has posted a comment on the Fintech market, taking a neutral stance on innovative financial services firms for 2023. Fitch predicted continued revenue growth for North American and European Fintechs in 2023, but at a slower pace than in recent years. As one… Read More

May 17, 2022 @ 4:18 pm By Tony Zerucha  |  

Infinity Ventures, an early-stage venture firm investing in founders building across fintech infrastructure and commerce enablement, today announced its inaugural $158 million fund. Since their first close in June 2021, Infinity Ventures has funded 11 companies. Infinity Ventures was co-founded by Jeremy Jonker, Jay Ganatra… Read More

March 30, 2022 @ 9:54 am By Tony Zerucha  |  

New York University Stern School of Business this week launched a global, one-year, part-time Master of Science in Fintech Program. Its goal is to provide working professionals with the skills and knowledge to lead in the increasingly technological finance sector. The first class will start… Read More

March 21, 2022 @ 6:23 am By JD Alois  |  

Fin+Tech, an Italy-based acceleration program supporting startups in the Fintech and Insurtech space, has completed the selection of the 16 start-ups that will join the first cycle of the program, according to a public statement. The accelerator is part of the CDP National Accelerators Network,… Read More

March 4, 2022 @ 7:40 am By Tony Zerucha  |  

Promise, a technology platform that provides options for people to pay back their government debt and receive qualified aid, recently announced the appointment of Jeff Press as Chief Revenue Officer. In this role, Press will drive revenue, sales operations, strategic partnerships, and growth initiatives for… Read More

February 22, 2022 @ 8:04 pm By Tony Zerucha  |  

Payments Network Malaysia (PayNet) has launched the Fintech ePayment Accelerator Programme, an initiative that aims to support and advance startups focused on the digital payments sector in and around Malaysia. The three-month initiative focuses on ideas and solutions that can help accelerate the adoption of… Read More

February 20, 2022 @ 11:30 am By Omar Faridi  |  

Ahmed Wadi, the Founder and CEO at MoneyFellows, a Cairo-based collaborative Group Lending and Savings Platform, says that he is amazed how the Fintech space evolved over the past couple years. Wadi added that he can’t wait to see homegrown Fintechs “proving to the world… Read More

February 18, 2022 @ 8:14 am By Tony Zerucha  |  

It’s no secret the process of how we pay for goods and services is changing before our eyes and the latest IDC InfoBrief commissioned by Episode Six speculates on what the future will look like. In 2030 they expect 74 per cent of global consumer… Read More

February 16, 2022 @ 1:25 am By Tony Zerucha  |  

RapiPay, an Indian Fintech, this week announced it has raised $15 million in funding to launch NYE, a new-age digital banking super app. The current funding round is led by Varun Jaipuria (RJ Corp), DLF Family Office, Rahul Gautam (Sheela Foam) and Rohan Kumar (DS… Read More

February 15, 2022 @ 4:42 pm By Tony Zerucha  |  

Better Tomorrow Ventures, a venture firm focused on helping early-stage Fintech companies, has raised $225 million for a fund, triple the amount it raised a mere 18 months ago. The plan is to devote $150 million to invest in 30 pre-seed and seed-stage startups. The… Read More

February 12, 2022 @ 2:56 pm By Tony Zerucha  |  

The explosive growth of Fintechs and their rising influence in finance has been neatly summarized in F-Prime’s State of Fintech Report for 2021. Start with the raises. In 2021 Fintechs attracted close to $120 billion of capital in private markets, with more than 300 nine-figure… Read More

February 9, 2022 @ 8:42 am By Tony Zerucha  |  

Indian payments unicorn Razorpay has acquired a majority stake in Curlec, a Malaysian recurring payments solutions provider. The cost was just under $20 million. Curlec is the first international acquisition for Razorpay, and taken together with the previous ones it shows a very deliberate growth… Read More

February 6, 2022 @ 11:07 pm By Tony Zerucha  |  

For only €100, participants on French crowdfunding site WiSEED can pursue attractive returns while also improving the world they live in. The platform prides itself on improving financial literacy, providing a transparent look into how it selects opportunities, and its commitment  to providing alternative financing… Read More