Tagged: startups

Ocean Protocol Team Introduces Program for Web 3.0 Startups that Will “Unlock” AI and Innovative Data Management Apps

The team at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, have introduced an initiative, called Ocean Shipyard, which is an early-stage program for Web 3.0 focused startups and projects that aim… Read More

Dana Farrugia from Tech.mt in Malta Says Company Is Focused on Establishing a Global Financial Hub for Integrating Digital Technologies

Dana Farrugia, CEO at Tech.mt, a Żejtun, Malta-based IT company that was established last year by the Southern European island nation’s government, notes that her organization aims to help Malta with attracting foreign direct investment (FDI). It also aims to support international business development projects. Farrugia… Read More

Plug and Play Announces 147 Startups Selected for Winter Batches

Silicon Valley accelerator, Plug and Play, announced on Thursday it selected 147 new startups into its winter 2020 batches. According to Plug and Play, the startups were selected to join one of the following programs that will run through November 2020: Energy, Fintech, Health, Insurtech, Internet of Things, Mobility, Real Estate &… Read More

Fintech Firms Active.ai, Cardup, Funding Societies, PolicyPal, Transwap Receive New Investments from Singapore’s AMTD

AMTD recently revealed that it has invested in several Fintech firms, as a part of its Singapore Solidarity Fund, under the purview of the ASEAN Solidarity Fund Group. AMTD has reportedly invested in the operations of Active.ai, Cardup, Funding Societies, PolicyPal, and Transwap. AMTD maintains… Read More

Mastercard Partners with Qatar Development Bank to Support Development of Nation’s Fintech Sector

Payments giant Mastercard has teamed up with the Qatar Development Bank (QDB) in order to support the ongoing development of the nation’s Fintech sector. Through the partnership, Mastercard and QDB will support the Qatar Fintech Hub (QFTH), which is a technology ecosystem that aims to… Read More

Brazil’s Fuse Capital to Allocate Funds to Startups Focused on Big Data, AI, Machine Learning, Credit Card Firm to Assist Wealthy Investors

Fuse Capital, a company established by experienced VCs and business owners based in Rio de Janeiro, Brazil, recently revealed that it’s raising its first overseas fund for investors looking for long-term, but high-risk investment opportunities. Launched in November 2019, Fuse Capital aims to assist Brazilian… Read More

Uruguay’s Kona, which Enhances Customers’ Banking Experience with AI, Machine Learning, Chatbots, Signs Contract with Canadian Bank

Uruguay’s Kona, a company focused on enhancing customer experience with machine learning (ML) enabled solutions for businesses, which includes chatbots and various cognitive solutions for call centers, has reportedly landed a deal with a major Canadian bank. Established in Montevideo, and now headquartered in Toronto,… Read More

U.S. Insurtech CoverWallet Launches Digital Insurance Package For Venture-Backed Startups

Digital insurance platform for businesses CoverWallet announced on Monday the launch of its new digital insurance product specifically for venture capital (VC) backed startups. According to CoverWallet, VC-backed startups may instantly buy and manage Directors & Officers insurance (D&O), Employment Practices Liability (EPL), and Fiduciary… Read More

Billionaire Tech Entrepreneur Sachin Bansal Claims his Indian Startup Navi Technologies has become a Leading Fintech Lender

Indian startup Navi Technologies, a company that aims to make financial services simple, affordable, and more accessible, has become one of the leading Fintech lending applications in the country in just a few months after its launch, according to Sachin Bansal, the company’s co-founder. Bansal,… Read More

Malaysia Digital Economy Corporation and REDmoney Group Aim to Promote Financial Inclusion while Supporting Islamic Fintech Initiatives

The stakeholders and other ecosystem participants of the Islamic Fintech sector have outlined key priority areas that they believe will help with reinforcing and promoting financial inclusion in Malaysia. The REDmoney Group, an Islamic Finance News publisher, and the Malaysia Digital Economy Corporation (MDEC) have… Read More

One in Five Latvian Startups are Fintech Firms, Nearly 90% of Startups to Hire More Staff, Despite COVID-19 Challenges: Report

  One in five or 20% of startups in Latvia are part of the nation’s Fintech sector, according to a report released on July 24, 2020. Swedbank Latvia, a large retail bank, teamed up with the Latvian Startup Association in order to publish a Fintech… Read More

Fintech Hub Established by Bolsas y Mercados Españoles, a Company that Addresses Organizational Aspects of Spain’s Stock Exchanges

Bolsas y Mercados Españoles (BME), a Spanish company that addresses the organizational aspects of Spain’s stock exchanges and financial markets (including stock exchanges in Madrid, Barcelona, Bilbao, and Valencia), has reportedly teamed up with Barcelona Tech City in order to establish a new Fintech hub…. Read More

Fintech Association of Hong Kong Appoints Benjamin Quinlan as its New Chairman, Succeeding Henri Arslanian

The Fintech Association of Hong Kong (FTAHK), an independent, not-for-profit, membership-based association representing Hong Kong’s Fintech community, has reportedly appointed Benjamin Quinlan as its new Chairman. Quinlan will be expected to lead the next stage of the Association’s mission which involves supporting the growth of… Read More

UK Fintech Vesuvio Labs to Establish Business Operations in Qatar to Help Doha Startups Expand Operations Globally

UK-based Fintech Vesuvio Labs is reportedly planning to establish an investment business in the Middle Eastern nation of Qatar in order to further expand its operations and assist firms in Doha, particularly startups, with branching out into other global markets. Vesuvio Labs is a vertically… Read More

Nextfin Launches “Free Our Startups” Campaign to Protect UK Startups Using Private Equity; Pens Letter to HM Treasury Calling for Signifiant Short Term Changes to the EIS & SEIS

Nextfin, a UK-based investment aggregation platform, announced on Thursday it has launched its “Free Our Startups” campaign to help entrepreneurs and startups that are impacted by the COVID-19 pandemic. Along with the “Free Our Starups” campaign, Nextfin also revealed it penned an open letter to… Read More

Fintech Company Nth Round A Viable Option for Startups and SMEs During Covid-19

Nth Round, founded in 2018 and based in Philadelphia, is a “comprehensive equity management platform for companies of all stages and sizes” and can enable startups and SMEs to “manage equity, engage shareholders, and facilitate liquidity in an all-in-one secure environment” according to its website…. Read More

Manila in the Philippines Ranked Among Top Global Startup Ecosystems, with Fintech and Digital Commerce Leading the Way: Report

Manila has been ranked among the top 40 emerging startup ecosystems in the world, according to a new report. While neighboring Southeast Asian countries such as Malaysia and Indonesia are higher up on the list, the Philippines has seen steady growth and development in its… Read More

Fintech Startup Ecosystem in Bahrain Ranked Among the Fastest-Growing Sectors in the Middle East: Report

The Fintech startup ecosystem in Bahrain has been ranked among the highest in the Middle East region. The sector is also ranked near the top in terms of Islamic finance regulation, according to Startup Genome’s Global Startup Ecosystem Report (GSER) 2020. The Central Bank of… Read More

Indian Financial Services Group IIFL Introduces #IIFLDisrupt Initiative to Fund Fintech Firms Struggling Due to COVID-19

Indian financial services group IIFL (India Infoline) recently introduced an initiative that aims to support local Fintech firms that might be experiencing challenges due to COVID-19. IIFL’s initiative, #IIFLDisrupt, aims to assist Indian Fintechs by providing funding, and potentially becoming their first client. IIFL also… Read More

London Stock Exchange Group Partner, Global Accelerated Ventures’ CEO Christopher Malters Explains what his Organization is Doing to Help Fintechs After COVID-19 has Passed

  The London Stock Exchange Group (LSEG) and Global Accelerated Ventures (GAV) recently introduced a post-COVID-19 fundraising program that aims to assist Fintech and Healthtech firms that might need additional capital to support their growth and development after the pandemic has passed. The 24-month program… Read More

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