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Fintech startup Adalfi lands $7.5M in funding to help millions of Pakistanis get credit and gain access to loans
Nickie Louise Posted On February 16, 2023


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 world’s […]


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Walmart-backed Indian payment startup PhonePe raises $100 million at $12 billion valuation
Nickie Louise Posted On February 14, 2023


Late last year, we wrote about PhonePe after the Walmart-backed Indian payment startup announced it was seeking to raise a massive $1 billion in funding. It now appears the startup did not even come close, falling short by about 50% […]


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Fuse launches Web3 payments network to accelerate mainstream crypto adoption
Daniel Levi Posted On February 7, 2023


In just a few years, Web 3.0 has transformed the cryptocurrency industry and the fintech landscape as it creates new business models and opportunities for everyone, especially in developing countries. Unlike its predecessor, Web 3.0 changes the narrative through its […]


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Israeli fintech startup Wisor AI bags $8M Seed funding to transform the $23 trillion global supply chain market
Nickie Louise Posted On February 7, 2023


The world is more global than ever. An estimated 80% of global goods are transported via ocean freight while air freight represents more than 35% of global trade by value, but less than 1% of trade by volume. Today there […]


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Adani founder and India’s richest person lost more than half of his $120 billion fortune after Hindenburg Research accused his company of massive fraud
Nickie Louise Posted On February 6, 2023


Calling it the “largest fraud in corporate History,” famous shot-seller Hindenburg Research has published a damning report accusing the Adani Group of fraud, a company founded by India’s richest person Gautam Adani. On January 24, Hindenburg Research released the report […]


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Upwardli raises $2 million Seed to help new immigrants and the underserved population get access to credit
Nickie Louise Posted On February 3, 2023


A study conducted by Consumer Financial Protection Bureau found that nearly 50 million Americans lack a credit score and have no history with national credit reporting agencies. This problem disproportionately impacts those newly arrived in the country and the emerging […]


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UK fintech startup Zopa Bank raises $92 million to accelerate growth
Nickie Louise Posted On February 2, 2023


Zopa, a UK-based digital banking startup that started as a peer-to-peer lender, has raised 75 million pounds ($92.40 million) as the company pivots to becoming a digital bank. The round was backed by existing investors excluding major backer Softbank. In […]


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Egypt FinTech startup MNT-Halan raises $400M, making it the largest funding in Egypt and the Middle East
Nickie Louise Posted On February 1, 2023


While tech startups in the United States and Europe are still struggling to raise new funding due to the ongoing economic slowdown, fintech startups in the Middle East and North Africa (MENA) region continue to thrive as they empower and […]


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Top tech startup news for Tuesday, January 31, 2023: Anthropic, Finley, GM, PayPal, Workday, and Q-CTRL
Daniel Levi Posted On January 31, 2023


Good evening! Below are some of the top tech startup news stories for today, Tuesday, the last day of January 2023. Workday lays off about 525 employees or about 3% of its workforce Cloud provider Workday has laid off 3% […]


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Finley raises $17M Series A to help companies manage debt capital as private credit reaches all-time high
Nickie Louise Posted On January 31, 2023


The slowdown in venture capital investments over the past years has forced some startups to turn to private credit, including debt capital, as a way to keep their operations afloat and weather the recession storm. Today, private credit is a […]


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Elon Musk to build a Twitter payments system to compete with PayPal, report
Daniel Levi Posted On January 30, 2023


When Elon Musk acquired Twitter last year for $44 billion, part of his vision back then was to turn Twitter into an “everything app.” It now appears that Musk is ready to turn that vision into a reality. The Financial […]


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50 recently-funded startups to watch in 2023
Daniel Levi Posted On January 30, 2023


With the ongoing economic downturn and fear of a recession, tech startups have been hit hard as investors pulled back from new venture deals and reduce their investment in startups with exposure to recession. Further expounding on the funding problem, […]


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Trends in private equity and venture capital: Here are 5 investment predictions for 2023 from a VC expert
Nickie Louise Posted On January 27, 2023


The only true constant across the investment landscape as we navigate through 2023 is the certainty of volatility. So, as we look forward to the rest of the year amid another bear market, Americans are seeking alternative ways to invest […]


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FinTech startup Stripe eyes exit; plans to go public within the next year
Nickie Louise Posted On January 27, 2023


Fintech startup Stripe has set a one-year deadline to become a public company. The San Francisco-based Stripe said it will make a final decision on its plans to go public within the next year, The Information reported. In a message […]


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Fintech startup DailyPay raises $260M in growth funding to revolutionize the $1 trillion on-demand pay market
Daniel Levi Posted On January 25, 2023


On-demand pay, also known as earned wage access (EWA), is a new category of payroll service that gives low-wage employees access to some or all of their earned wages before the traditional, scheduled payday. According to tax firm Ernst and […]


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Europe’s digital bank startup N26 to expand crypto trading
Nickie Louise Posted On January 17, 2023


Late last year, Europe’s digital bank startup N26 made its foray into cryptocurrency last year with the launch of a new crypto trading service called N26 Crypto. Unlike its rival PayPal, the N26′s crypto service does not include support for custodial […]


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100 Fastest-growing fintech startups to reach $1 billion valuation the quickest
Nickie Louise Posted On January 13, 2023


We started off this year with our annual list of global unicorn startups, a list of emerging private companies that leverage new technologies or unknown market niches to achieve a value of over 1 billion dollars. In just a year, […]


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Venom, Iceberg launch a $1 billion Web3 venture fund VVF to invest in early-stage startups ahead of the next crypto bull run
Nickie Louise Posted On January 11, 2023


The ongoing recession and economic slowdown have created opportunities for companies and investors looking to invest in promising startups with the potential to become industry leaders and unicorns of tomorrow. The impact is even more felt in the crypto industry where […]


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Top tech startup news for Tuesday, January 10, 2023: BioNTech, Coinbase, Microsoft, OpenAI, and Virgin Orbit
Nickie Louise Posted On January 10, 2023


Good evening! Below are some of the top tech startup news stories for today, Tuesday, January 10, 2023. Virgin Orbit rocket launched from a jumbo jet suffered an anomaly that prevented it from reaching orbit UK space industry suffered a major […]


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Ant Group postpones its $37 billion IPO as founder Jack Ma gives up control in major revamp
Nickie Louise Posted On January 9, 2023


Ant Group, a Chinese fintech giant founded by Alibaba owner Jack Ma, said it does not have a plan for an initial public offering (IPO), Reuters reported, citing an emailed statement from the company. Ant Group’s $37 billion IPO, which would have […]


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