Tagged: startups

September 9, 2020 @ 10:25 pm By Omar Faridi  |  

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

August 30, 2020 @ 4:08 pm By Omar Faridi  |  

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

August 16, 2020 @ 4:41 pm By Omar Faridi  |  

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

August 3, 2020 @ 10:25 am By Samantha Hurst  |  

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

July 27, 2020 @ 10:49 pm By Omar Faridi  |  

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

July 25, 2020 @ 10:37 pm By Omar Faridi  |  

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

July 25, 2020 @ 6:48 pm By Omar Faridi  |  

  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

July 21, 2020 @ 8:00 am By Omar Faridi  |  

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

July 18, 2020 @ 6:43 pm By Omar Faridi  |  

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

July 17, 2020 @ 11:46 am By Omar Faridi  |  

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

July 3, 2020 @ 8:12 am By Samantha Hurst  |  

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

July 2, 2020 @ 11:42 am By Olivia Halsall  |  

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

June 29, 2020 @ 11:56 pm By Omar Faridi  |  

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

June 29, 2020 @ 10:54 pm By Omar Faridi  |  

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

June 14, 2020 @ 9:23 pm By Omar Faridi  |  

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

June 12, 2020 @ 2:45 pm By Omar Faridi  |  

  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

May 25, 2020 @ 1:03 am By Omar Faridi  |  

Indian Fintech firm Zaggle has teamed up with Visa in order to support various payments solutions for SMEs. Both companies will work cooperatively to develop solutions for startups and SMEs that will help them improve their overall productivity and efficiency. Businesses will be able to… Read More

May 18, 2020 @ 11:12 pm By Omar Faridi  |  

Payments giant Mastercard (NYSE:MA) has committed to a Memorandum of Understanding (MoU) with Hub71, a technology ecosystem based in Abu Dhabi Global Market Square that supports global Fintech initiatives and leading tech firms. As mentioned in the announcement, Hub71 is a flagship project of the… Read More

May 10, 2020 @ 6:44 pm By Omar Faridi  |  

Qatar’s central bank (QCB) has proposed a second strategic plan which involves establishing clear policies that aim to support venture capital funding and the development of SMEs, according to Sheikh Abdulla bin Saoud al-Thani, the governor at QCB. The Qatar Development Bank (QDB), a local… Read More

May 7, 2020 @ 7:41 am By Omar Faridi  |  

Nervos, an open-source public blockchain platform, revealed on May 6, 2020, that it has established CKLabs, a virtual incubator for startups and teams working on distributed ledger technology (DLT)-focused initiatives. Nervos’ program will offer equity-free funding to early-stage blockchain projects. It will also provide dedicated… Read More