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Latin America’s most valuable fintech startup Nubank launches personal loans for Mexican market
Nickie Louise Posted On September 5, 2023


Nubank, Latin America’s most valuable fintech startup, announced on Tuesday its entry into the Mexican market with the launch of personal loans that aim to boost the company’s array of financial services in the region’s second-largest economy. In a statement, […]


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Blockchain  / Cryptocurrency  / FinTech  / Launch
Backed expands native token issuance to BNB Smart Chain to bring its products to a wider audience
Daniel Levi Posted On August 29, 2023


Backed, a Swiss blockchain startup that brings real-world assets on-chain, has expanded its native token issuance to include the BNB Smart Chain (BSC). This move will allow Backed to bring its products to a wider audience and give its clients the […]


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Europe’s fintech darling Adyen lost $20 billion of its market cap in just one day
Nickie Louise Posted On August 21, 2023


Adyen was once named one of the top 200 global fintech companies globally, according to Statista. Now Europe’s fintech darling is facing the fight of its life. In 2018, Dutch payments startup Adyen made its debut on the Amsterdam stock […]


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Mexican fintech startup Klar raises $100 million in debt financing to expand its footprint
Nickie Louise Posted On August 15, 2023


Apart from generative AI startups, technology startups have been facing difficulties in obtaining funding ever since the Federal Reserve began raising interest rates in the latter part of last year. The situation has been worsened by the unfortunate collapse of […]


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PayPal names Intuit’s Alex Chriss as the new CEO
Nickie Louise Posted On August 14, 2023


PayPal has named longtime executive Alex Chriss as its new CEO — picking a respected internal candidate to lead the global payments giant. In an announcement on Monday, members of PayPal’s board said that Alex Chriss, the current head of […]


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Building an Enduring Startup with the Right Financing
Nickie Louise Posted On August 8, 2023


Launching a startup with a vision for enduring success requires more than just a brilliant idea. It demands a strategic approach to securing financing that aligns with the mission and allows for sustainable growth. Enduring startups share common traits, including […]


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Bunq, a Dutch neobank startup, raises $111M at a $1.8 billion valuation to expand into the US market
Nickie Louise Posted On July 24, 2023


In the first half of 2023, the fintech industry experienced a significant decline in venture funding, with investments dropping almost by half to just $23 billion. This funding drought was a result of the ongoing economic downturn that affected the […]


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Nasdaq buys fintech software Firm Adenza for $10.5 billion to accelerate growth
Nickie Louise Posted On June 12, 2023


Nasdaq, a prominent player in the financial industry, is buying Adenza in a deal valued at $10.5 billion. Adenza, which is owned by Thoma Bravo, makes software used on Wall Street. The cash-and-stock deal includes a combination of $5.75 billion […]


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Fintech firm Wise’s CFO resigns just days after CEO announced a 4-month sabbatical leave
Nickie Louise Posted On May 22, 2023


UK-based fintech giant Wise’s Chief Financial Officer (CFO) Matt Briers has resigned from the company, CNBC reported. Wise announced on Monday that Briers, who joined the money transfer firm in 2015, is leaving the company next year. Shares of Wise […]


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India’s most valuable fintech startup PhonePe raises another $100M, pushes its total funding to $850M
Nickie Louise Posted On May 22, 2023


India’s leading fintech startup PhonePe has secured an additional $100 million in funding from General Atlantic, pushing the tally to $850 million in an ongoing financing round. This investment marks the fifth consecutive fundraise for PhonePe in the current year. […]


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FinTech startup Tipalti lands $150M in growth funding from JPMorgan Chase Bank and Hercules Capital
Nickie Louise Posted On May 16, 2023


Tipalti, a global payables automation platform and the developer of payments and compliance technology, has secured $150 million in growth financing from JPMorgan Chase Bank and Hercules Capital. The latest round brings the company’s total funding to over $550 million. […]


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Revolut’s CFO leaves the digital bank just 2 months after auditors found the fintech startup ‘misstated’ its revenues
Daniel Levi Posted On May 11, 2023


Mikko Salovaara, the Chief Financial Officer of Revolut, has stepped down from his position at the digital bank after two years, citing personal reasons. “I am grateful for the opportunity to serve as Group CFO at Revolut and remain confident […]


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Top tech startup news for Tuesday, May 2, 2023: Alibaba, Aligned, Chegg, Gigascale, Gigs, Inflection AI, and Simpplr
Nickie Louise Posted On May 2, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, May 2, 2023.   Chegg lost 40% of its value after the company says ChatGPT is killing its online education business Just last month experts warned that […]


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Alibaba founder Jack Ma is now a college professor in Japan
Nickie Louise Posted On May 2, 2023


Jack Ma, the billionaire co-founder of Alibaba who vanished from the public eye in 2020, has recently accepted a teaching position in Japan. This marks one of the first public positions he has undertaken since his abrupt disappearance from the […]


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FinTech  / Startups  / Tech Startup News  / Tech Startups  / Technology News
How Fintech Startups Are Revolutionizing the Financial Industry
Nickie Louise Posted On April 28, 2023


With the ever-growing application and implementation of digital technologies in almost every industry in the world, the financial industry, being an important player in the running of every other industry is always at the forefront of adopting innovations in digital […]


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Top tech startup news for Thursday, April 27, 2023: Ansa, Dropbox, Energy Dome, iLearningEngines, Intel, and Replit
Nickie Louise Posted On April 27, 2023


Good evening! Below are some of the top tech startup news stories for Thursday, April 27, 2023.   Intel posts biggest quarterly loss in company history as PC sales drop and chip wars intensify Is the Intel era coming to […]


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Ansa emerges from stealth with $5.4M in funding to help merchants create virtual wallets for customers
Daniel Levi Posted On April 27, 2023


In the US, credit and debit cards make up 57 percent of consumer payments. But the true costs of processing payments to merchants remain hidden from the average consumer. Card fees, particularly for small transactions, can account for more than […]


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Blockchain  / Featured  / FinTech  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Axoni raises $20 million in equity funding to build blockchain software for financial institutions
Nickie Louise Posted On April 26, 2023


Axoni, a New York-based fintech startup at the forefront of building the next generation of capital markets technology, has raised $20 million in equity financing led by EJF Ventures, with participation from Laurion Capital, Communitas Capital, and existing investors. The […]


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FinTech  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
First Republic Bank on the verge of collapse; expected to be seized by the US government
Nickie Louise Posted On April 26, 2023


San Francisco-based First Republic Bank is expected to be seized by the US government, according to a report by Fox Business’ Charles Gasparino, citing sources from the bank. The sources told Fox that they believe that the distressed bank will eventually […]


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Top tech startup news for Monday, April 24, 2023: Apple, Epic Games, OpenAI, Sonet.io, and Stack Identity
Nickie Louise Posted On April 24, 2023


Good evening! Below are some of the top tech startup news stories for Monday, April 24, 2023.   OpenAI has applied for “GPT” trademark with USPTO OpenAI, the creator of the popular chatbot ChatGPT, has applied for the “GPT” trademark […]


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