Prosus, Europe’s answer to SoftBank and its Vision Fund, is making its biggest-ever bet in the Indian tech space with a $4.7 billion acquisition for payments fintech startup BillDesk, making it one of the biggest players in the country’s fast-growing […]
The online stock trading business is booming and PayPal wants a piece of the pie. PayPal is exploring ways to let its U.S. customers trade individual stocks on its platform, CNBC reported on Monday, citing two sources familiar with the […]
SoftBank Group’s Vision Fund is the world’s largest technology-focused venture capital fund with over $100 billion in assets. Since its inception 39 years ago, the Japanese giant has invested billions of dollars in technology startups around the world, except in […]
According to an estimate from the World Bank data, global remittances were estimated to be about $702 billion in 2020, down from $719 billion in 2019. Of that total, $540 billion are expected to have flown into low and middle-income […]
DOKU is Indonesia’s largest and one of the fastest-growing online payments providers in Asia. DOKU enables e-Commerce merchants to accept a wide range of online payment options, from credit cards to emerging payment types. Today, DOKU announced it has raised $32 million […]
Pico, a New York-based startup that provides technology services for the global financial markets around the world, announced today it is going public in a SPAC deal with Cohen’s FTAC Athena Acquisition Corp. According to the agreement between the two companies, the merger […]
On Sunday, Jack Dorsey’s Square announced it is acquiring Australian fintech startup Afterpay for $29 billion. It’s a huge validation for the fast-growing “buy now, pay later” (BNPL) market that many are saying is poised to disrupt the $8 trillion US credit card […]
Aspen Digital is a Hong Kong-based fintech startup and a crypto asset management platform that provides wealthy investors and High-Net-Worth Individuals a single portal to manage their crypto investments. Today, Aspen announced it has raised $8.8 million in funding led by RIT […]
Jack Dorsey’s payments company Square announced it has acquired Australian buy now pay later (BNPL) fintech company Afterpay for $29 billion. In an announcement on Sunday, AfterPay said Square has agreed to acquire all of the issued shares in Afterpay by way […]
Flock, a London-based insurance tech startup, announced today it has raised $17 million in Series A funding to reinvent insurance for connected vehicles. The round was led by billionaire investor Chamath Palihapitiya, an early Facebook executive turned tech investor. Palihapitiya is a […]
The moment that market watchers had been waiting for finally arrived yesterday after fintech startup and commission-free trading app Robinhood made its market debut yesterday. The startup raised $2.1 billion in its initial public offering on Wednesday valuing the company at a […]
Paystone, an Ontario, Canada-based fintech startup that provides software and payment processing for businesses, announced Friday it has closed a $30 million investment from Crédit Mutuel Equity to accelerate growth and further expand its electronic payments and customer engagement technology platform. The new investment […]
Jasper Card (formerly CreditStacks), a New York-based fintech startup that’s challenging how traditional financial institutions make money, today announced it has raised $34 million in Series A financing to grow its AI technology to further develop its underwriting model and […]
The recent rise in the popularity of bitcoin has driven record investments into the crypto market with millions of naive crypto investors betting their hard-earned money on speculative digital assets like bitcoin, Ether, Dogecoin, and other meme coins. As more […]
Early this month, we wrote about Wise (formerly TransferWise), after the London-based fintech startup launched a new service that lets Indian users send money to 44 countries around the world, including places like Singapore, the U.K., the United States, the United Arab […]
It’s a day after the July 4th holiday, and that means the market is open, and Wall Street is more than busy with onslaughts of new IPOs. One of the new IPOs we’ve been watching for over two years is Blend […]
Europe’s startup space is heating up as investors and governments poured billions to bolster FinTech startups on the continent. Europe is now home to the world’s 720 unicorn startups with Klarna on top as Europe’s most valuable tech startup at $45.6 billion. […]
According to the Experian Consumer Credit Review, the average American has up to four credit cards on them at any given moment. When you consider the mountains of loyalty cards, reward programs, and discount coupons that individuals carry, it’s no […]
While you would think that increased competition in the FinTech space would drive down transaction costs for digital payments, PayPal thinks it’s big enough to jack up its fees without regard to how the decision might affect its customers. Last week, […]
Remember Robinhood, an online broker and free-trading app that restricted thousands of retail investors from trading Dogecoin back in April? The company’s past always is now catching up with the founders. Today, U.S. financial regulator, the Financial Industry Regulatory Authority (FINRA), has […]
