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Fintech
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See the most recent coverage and news on fintech, or “financial technology,” which includes anything from P2P payment systems, expenditure management firms, checkout tools, and disruptor banks to breakthroughs at traditional financial institutions.
Legion ‘s creator wants to bridge companies’ and workers’ needs.
Sanish Mondkar recognized there were major disconnects between businesses and their employees while on a lengthy…
Accel invests $4M in Swypex, an Egyptian corporate card platform.
In Egypt, the use of cards has increased significantly, with more than 30 million in circulation. Interestingly,…
‘Send now, pay later’ company Pomelo gets $35M Series A from secretive Vy Capital, Founders Fund.
According to an exclusive report by Eltrys, Dubai venture firm Vy Capital led a $35 million Series A round for…
SoftBank-backed TabaPay is acquired a16z-backed Synapse’s assets following its bankruptcy.
Following a challenging year, Synapse, a BaaS startup, has recently filed for Chapter 11 bankruptcy. As a…
Equity platform Midas earns $45M Series A as fintech shines in Turkey.
Portage of Canada led a $45 million investment round for Midas, a fintech business that lets Turks buy U.S. and…
Fintech CRED gets payment aggregator license in principle.
It’s great news for CRED, as they have received in-principle approval for a payment aggregator license.…
India struggles to stop PhonePe and Google from dominating mobile payments.
The National Payments Corporation of India (NPCI), responsible for overseeing the widely used Unified Payments…
Flatpay raises $47M for easy payment options for smaller firms.
Similar to a venture capitalist, smaller startups are continuously entering the market to capture additional…
BlackRock and Jio Financial are going after India’s wealth management business.
Both Jio Financial Services, which is a subsidiary of the Indian conglomerate Reliance, and BlackRock, which is…
How PayJoy made $300M by lending to the underprivileged using cellphones as collateral.
Lerato Motloung is a hardworking mother of two, dedicated to her job at a supermarket in Johannesburg, South…