Tagged: startups

Fintech Accelerator to be Launched by Entrepreneurship Division of Saudi Aramco

Wa’ed, the entrepreneurship division of Saudi Aramco, has been working with Fintech Saudi as a key partner, along with local seed and early-stage VC company Flat6Labs, in order to introduce a 12-week Fintech Accelerator program. The new Fintech Accelerator will focus on supporting the ongoing… Read More

Capchase Teams Up with AWS Activate Console to Integrate Native Revenue Financing Tool

The team at Capchase says they’re pleased to announce that their non-dilutive financing offerings for businesses with “predictable recurring revenue” will be featured in the AWS Activate Exclusive Offers program. As mentioned in the update, startups building on AWS that are members of AWS Activate… Read More

Nine Fintechs Chosen for 2022 Fintech Wales Foundry Accelerator Program

The Fintech Wales Foundry, the flagship accelerator program by Fintech Wales, recently announced the nine Fintech startups “accepted into its 2022 Accelerator.” As noted in the update, the 12-week, no equity program, titled The Foundry: Validate Raise & Scale, is reportedly “the only accelerator of… Read More

Capchase Is Focused on Deepening Presence in Europe so They Can Support Tech Entrepreneurs

The team at Capchase says they’re pleased to be deepening their presence in Europe alongside firms such as Sastrify and Calqulate, so that they can better support founders on their journey to “rapid yet deliberate growth.” Capchase explains that Slush is the most important technology… Read More

More Money Is Pouring into Venture Capital than Ever Before, Valuations for Startups Getting Larger, Industry Professionals Reveal

Like any industry, venture capitalism is “a shifting landscape with ebbs and flows, though to be fair, it hasn’t really ‘ebbed’ lately,” according to a blog post by US Fintech Unicorn Brex. The VC industry has seen tremendous growth during the past few years—one that’s… Read More

Mercury Bank Reports $19M Raised by Startups via Mercury Raise, Fintech Firm Issued Over 8,000 Debit Cards in 2021

Another year is winding down and the team at Mercury Bank has reflected on some of their “favorite” moments of 2021. Mercury Bank say they’re grateful to have had their clients with them along the way. During 2021, Mercury finalized a $120 million Series B… Read More

Israeli Venture Group Team8 Extends Relationship with Deloitte to Support Tech Development for Financial Services

Team8, an Israeli venture group, recently revealed that it is extending its existing relationship with Deloitte to support the development of various technologies for financial services. Deloitte and Team8 will aim to lower the common risks associated with startups via early engagement with clients. As… Read More

Lord Rothschild and Sir Simon Robey Invest in nr2, a Provider of AI based Insights for Asian Startups

Investment platform nr2, which gives firms and investors AI-enhanced insights into South Korea and China’s high-potential startups, has acquired capital for its ongoing expansion. nr2 has reportedly obtained funding from new investors including Lord Rothschild and Sir Simon Robey. The international investment platform will use… Read More

Amy Neale, SVP for Fintech and Enablers at Mastercard, Says They Continue to Work on Innovative Programs for Startups

Mastercard (NYSE: MA) welcomes its new wave of startups to its Start Path startup engagement program. Start Path alums have shared their industry insights into the top trends of this year and what they’ve learned from a challenging year. The international economy continued its recovery… Read More

Sustainable Accelerator 5 Secures £590K+ from 300 Investors via Seedrs

Sustainable Accelerator 5, which provides a diversified portfolio of “exciting” SEIS & EIS sustainability startups, has acquired 98% (£590,600) of its £600,000 target via Seedrs from 300 investors with 3 days left (at the time of writing) in its crowdfunding campaign. Based in London, United… Read More

Rapyd Acquires Hong Kong’s Neat to Expand SMB Trade Capabilities Across Asia and Internationally

Rapyd, an international Fintech-as-a-Service firm, has agreed to acquire Hong Kong-based Neat, a cross-border trade enabling platform for SMBs and startups. Neat offers full company incorporation, business accounts, global payment collection and disbursements, “as well as credit card-based capital expansion services.” As noted in the… Read More

$50M MENA Region Fintech Fund I Launched by Early-Stage VC Firm VenturesSouq

GCC-headquartered early-stage VC company VentureSouq has introduced a $50 million MENA region Fintech Fund I. As mentioned in the announcement, the MENA Fintech Fund I is the first sector-wide Fintech-focused fund to be introduced across the Middle East area and Pakistan. The new Fund is… Read More

Hatu Sheikh of DAO Maker Says Blockchain Can Power the New Dawn of Venture Capital

Blockchain or distributed ledger technology (DLT) has disrupted many industries since its launch and now it could be the turn for venture capital. We recently had the chance to connect with Hatu Sheikh, a founding member at DAO Maker — a platform opening up the… Read More

Fintech Funding Report: Over $31B in Global Funding was Acquired by Financial Technology Initiatives During Q3 2021

A report from CBInsights reveals that $31.1B in global funding was acquired by Fintech startups during Q3 2021—which is the “second-highest quarter ever.” Despite falling around 16% when compared to the past quarter’s record levels, financing remains elevated in the Fintech venture space. This last… Read More

Qatar Fintech Hub Shares List of Fintechs that will Join Wave 3 of its Incubator, Accelerator Program

The Qatar Fintech Hub (QFTH) recently shared the list of 16 Fintech firms that will be joining Wave 3 of its incubator and accelerator program. Established by the Qatar Development Bank (QDB), the QFTH is responsible for running an incubator and an accelerator program in… Read More

10 Startups Chosen for the Second F10 Incubation Program for Fintech, Insurtech in Spain

F10 Spain has announced 10 high-potential startups that are joining the second cohort of its Incubation Program in Barcelona. Chosen from over 180 national and global applications, this batch aims to bring innovative business models and trends, includes more female founders and “a good mix… Read More

BBVA and 500 Global to Identify High-Potential Startups for Financial Services

BBVA and 500 Global have entered an agreement for 500 Global to implement an Intelligence Platform that would support BBVA’s ability to “identify new startups, technologies and emerging trends with the potential to impact the future of the most innovative industries, and by extension, the… Read More

Morgan Stanley Is Expanding its Multicultural Innovation Lab across EMEA Region

Morgan Stanley (NYSE: MS) has reportedly agreed to a £1 million investment in order to further expand its Multicultural Innovation Lab across Europe, Middle East and other areas. Initially introduced in the US back in 2017, the Lab aims to serve as an accelerator program… Read More

UK Fintech Maydan Capital Ltd. Introduces Equity Crowdfunding Platform

Maydan Capital Ltd., a UK-based Fintech firm, is announcing the launch of its equity crowdfunding platform that reportedly provides vetted, early-stage, ethical and halal investment opportunities that are focused on tech-related accredited investors internationally. Maydan’s fundraising platform, which is presently open for applicants, assists with… Read More

Fintech Australia Introduces Tool for Early-Stage Fintechs Planning to Expand Operations in the Country

Fintech Australia has released a tool for early-stage Fintechs and international financial tech platforms expanding into Australia, providing guidance on financial services licensing in Australia and “which government bodies are responsible for managing them.” Created with assistance from law firm K&L Gates and Austrade, the… Read More

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