Crypto-friendly banking platform Cashaa expanding in India, US, Africa
Crypto-friendly banking platform Cashaa has unveiled its expansion plans, having raised $5 million from investment and advisory firm O1ex.
Fintech startup Lanistar raises £15 million
Lanistar, a personal financial management startup, has raised £15 million to support its forthcoming commercial launch in Winter 2020.
Passion Capital has backed Fronted, the startup that wants to offer loans to cover rent deposits
Fronted, the new London-based startup aiming to make life easier for renters, has picked up seed investment from Passion Capital.
UK antitrust regulators give Visa’s fintech acquisition a green light
The United Kingdom Competition and Markets Authority, has given the go-ahead to Visa’s acquisition of fintech startup Plaid.
London Fintech Updraft raises £16m to help people break up with their credit cards
Consumers will pay over £10b in fees and interests for overdraft and credit cards in 2020 alone. Updraft wants to reduce that amount.
The Carlyle Group to acquire Calastone
Calastone announce that The Carlyle Group has reached an agreement to acquire a majority stake in the business from its current shareholders.
Irish fintech sector sees record investment during pandemic
Although many sectors saw investment slow due to the Covid-19 pandemic, the Irish fintech industry saw a record period of activity.
Vietnam second among ASEAN members in attracting fintech funding
Vietnam’s fintech firms secured $410 million, or 36 percent of the global capital pouring into Southeast Asia between January and September, behind Singapore. The country’s share of regional venture capital funding devoted to fintech soared from just 0.4 percent in 2018, according to a report prepared by the United Overseas Bank (UOB), PwC and the Singapore Fintech Association (SFA). Singapore remained the top destination for regional fintech investment, with 51 percent, down from 53 percent in 2018, with Indonesia in third place with 12 percent, down from 37 percent last year. By the end of the third quarter this year, ASEAN had received $1.14 billion in funding for fintech firms, […]
