November 14, 2024
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Israeli real-time fraud prevention tech startup nSure.ai raises $18M in funding to provide guaranteed chargeback coverage to merchants
Daniel Levi Posted On March 1, 2022


As online marketplaces boom, fraudsters are taking advantage of outdated fraud-prevention systems that weren’t developed to manage the sales of FinTech products, crypto, NFTs, and other virtual goods. For digital goods, such as gift cards, gaming, crypto, financial services, and […]


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German digital bank startup N26 plans IPO after raising over $900 million at a $9 billion valuation
Nickie Louise Posted On March 1, 2022


As you may recall, we reported back in October 2021 after the Peter Thiel-backed mobile bank startup N26 raised over $900 million in funding, tripling its valuation to more than $9 billion in just one year. Fast forward four months […]


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JP Morgan CEO Dimon on SWIFT ban on Russian banks: SWIFT sanctions can be circumvented and may bring unintended consequences to the US and its allies
Daniel Levi Posted On February 28, 2022


In the latest response to Russia’s attack on Ukraine, western leaders on Saturday slapped Russia with a series of sanctions the likes of which the world has never seen. The sanctions, which will be implemented in the coming days, include freezing of the […]


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WeFlex to raise $80 million to support the ride-hailing market’s switch to electric
Nickie Louise Posted On February 28, 2022


The demand for electric vehicles (EVs) has accelerated in recent years as people switch to sustainable transportation as part of the effort to fight climate change. Now one UK-based fintech startup is raising new funds to supercharge the efforts to transition […]


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DeFi is revolutionizing real-estate investing and homeownership
Nickie Louise Posted On February 28, 2022


There’s no denying the fact that the decentralized finance (DeFi) market has continued to evolve and mature quite immensely over the last couple of years, as is highlighted by the fact that the amount of capital entering this space has […]


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Poland-based fintech startup Mizar bags $3M funding led by Nexo to solve the complexity of trading crypto with next-gen smart trading tools
Daniel Levi Posted On February 27, 2022


In recent years, institutional support for bitcoin As mainstream adoption of crypto grows in recent years, many now see cryptocurrency trading as a source of generating passive income. However, crypto trading is not without its challenges and complexity, which makes it […]


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SWIFT Banking System Explained. Spoiler Alert: SWIFT is NOT a payment system
Nickie Louise Posted On February 26, 2022


Russia’s invasion of Ukraine has led many leaders from western nations including the United States to impose several sanctions on Russia. One of those sanctions is cutting away Russian banks from the SWIFT banking system. As the war intensifies between […]


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Insight Partners raises a staggering $20 billion for its 12th flagship fund to invest in growth-stage tech startup companies
Daniel Levi Posted On February 25, 2022


In a sign of rapid growth in venture spending, Insight Partners, a New York-based venture capital and private equity firm, announced it has raised a staggering $20 billion for its twelfth flagship fund. The firm said yesterday as it looks to ramp […]


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Fintech startup NayaPay secures $13 million to start a digital payments revolution in Pakistan and assist the underbanked citizens and SMBs
Nickie Louise Posted On February 25, 2022


Globally, about 1.7 billion adults remain unbanked — without an account at a financial institution or through a mobile money provider, according to data from the World Bank. A large portion of the underbanked is in developing countries. China has the […]


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Crypto tech startup iZUMi Finance launches a revolutionary DAO with veNFT governance based on quadratic voting
Daniel Levi Posted On February 17, 2022


We covered iZUMi Finance late last year after the crypto tech startup raised $3.5 million in Series A funding led by DeFi and crypto investors. iZUMi Finance’s platform provides programmable liquidity as a service on Uniswap V3 multi-chains. Since our […]


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Nigerian-founded startup Flutterwave lands $250M in Series D funding to disrupt payments in Africa and other emerging markets; now the most valued African startup at over $3 billion
Nickie Louise Posted On February 16, 2022


About a year ago, Flutterwave, a Silicon Valley-based Africa-focused payments startup company started by Nigerian founders, teamed up with PayPal to enable PayPal customers to pay African merchants through its platform. A lot has changed since our last coverage of the six-year-old […]


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Maverick Protocol Announces $8 Million Funding Backed by Pantera Capital and Other Leading VCs
Nickie Louise Posted On February 15, 2022


Maverick, a DeFi-focused derivatives platform, has completed an $8 million funding round according to a press release on February 15th. This strategic round was led by Pantera Capital, alongside other heavyweight VCs in the crypto industry; some of the investors […]


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London-based trading tech startup ThinkMarkets raises $40M in funding to grow its multi-asset online trading platform
Daniel Levi Posted On February 11, 2022


Nauman Anees is a name you’ve probably never heard of. Nauman co-founded a home-grown proprietary trading platform ThinkForex in 2010 after graduating from De Paul University about two decades ago. Then in 2016, ThinkForex rebranded to ThinkMarkets. Since launching ThinkMarkets in 2010, […]


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Fraud and compliance platform startup Sardine lands $19.5M in funding from Andreessen Horowitz and NYCA to protect fintechs and neobanks from crypto frauds
Nickie Louise Posted On February 10, 2022


The popularity of bitcoin and other cryptocurrencies has led to an increase in crypto-related scams and frauds. According to a January 2022 report from CNBC, fraudsters and scammers around the world took home a record $14 billion in cryptocurrency in 2021, […]


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Inflation hits a 40-year high, rises to 7.5% in 2021 even as the US continues on the path of 1921 Weimar Germany and Federal Reserve continues to print trillions out of thin air
Daniel Levi Posted On February 10, 2022


The inflation rate in the US rose to 7.5% in 2021. The rate is more than expected and the highest since 1982, according to today’s report from CNBC. The inflation news is not getting any better. The core inflation rose at […]


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Crypto exchange platform Binance to invest $200 million in Forbes, as the media outlet prepares to go public via SPAC
Nickie Louise Posted On February 10, 2022


Binance, the world’s leading cryptocurrency exchange platform, is making a $200 million investment in Forbes, the media company said on Thursday. The investment comes at a time when the media outlet is preparing to go public via a special purpose acquisition company […]


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French buy-now-pay-later (BNPL) fintech startup Alma raises $239M to support retailers and consumers across Europe
Daniel Levi Posted On February 10, 2022


The ongoing pandemic has wreaked havoc all around the world. Beyond the tragic deaths of millions, the pandemic has also exposed the financial burden many families faced. Many can no longer afford to pay for basic necesitities, let alone spend […]


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Singapore-based DeFi tech startup Pillow raises $3M to democratized access to decentralized finance and accelerate global expansion
Nickie Louise Posted On February 10, 2022


Decentralized finance (or DeFi) is slowly gaining momentum with prospects to replace traditional banks and other financial institutions. DeFi provides a new way for users to lend, borrow and save while bypassing traditional gatekeepers of finance such as banks and government […]


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Crypto lending startup Venus Protocol launches a new pilot initiative to support ecosystem innovation by giving away over $1 million in grants over the next 6 months
Daniel Levi Posted On February 9, 2022


Venus, a decentralized finance (DeFi) algorithmic money market and synthetic stablecoin protocol exclusively on Binance Smart Chain, is launching a new pilot initiative to help foster innovation within its ecosystem, supporting developments in DeFi that will pave the way for more institutional […]


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Fintech startup Highline launches with $4.5M in funding to provide access to credit for 40 million Americans based on their income rather than credit score
Daniel Levi Posted On February 9, 2022


The ongoing pandemic has taken a toll on everyone and made it increasingly difficult for millions of Americans to maintain their financial health. Over 40 million Americans have good jobs but have subprime or no credit scores. These Americans can […]


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