FinTech Startups

Nov
27

MiddleGame Ventures announces $165m FinTech-focused fund

MiddleGame Ventures (MGV), a fintech-focused investment firm, announced today that it had raised a new fund targeting post-seed, series A and series B lead investments in Europe and North America. MGV’s Venture Fund I has achieved its first close, with a final close target size of $165MM. It will invest in and partner with B2B […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Nov
24

China is on a mission to regulate Fintech

China has now publicly voiced its desire to be the leading country in financial technology development and adoption. The president of the republic openly called for the promotion of blockchain technology across the nation and proceeded to block all the negative opinions about blockchain throughout the Chinese cyberspace. But now the Chinese government and the […]

By Reposted by International FinTech | FinTech
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Nov
20

Indonesia study: P2P lenders create thousands of jobs, reduce poverty

Peer-to-peer (P2P) lending platforms have provided jobs for more than 362,000 Indonesians and reduced the poverty rate by 0.7 per cent – equal to 177,000 individuals – as they provide access to financing in cities and remote areas alike, a study said last week. The study was conducted by local think tank Institute for Development […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer
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Nov
12

Singapore FinTech startup M-DAQ wins Samsung’s backing

Singapore fintech startup M-DAQ Pte won the backing of Samsung Group’s venture capital fund in a bid to expand in South Korea and beyond. With Samsung’s investment in its pre-series D round, the company’s valuation will exceed S$500 million ($368 million), up from S$250 million in November 2015, according to Chief Executive Officer Richard Koh. […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Nov
12

Singapore Fintech Association and Indian Chamber of Commerce agree fintech pact

Singapore Fintech Association (SFA) and the Federation of Indian Chambers of Commerce and Industry (FICCI) today inked a partnership agreement to share information about FinTech and collaborate on mutually beneficial initiatives that would further the development of the FinTech industry in both countries. This agreement was signed at the opening ceremony of the first ever […]

By Reposted by International FinTech | FinTech
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Nov
11

FinTech startup troy successfully completes Series A financing round

FinTech startup troy, which specializes in customer-friendly debt collection, has successfully completed its second round of financing, raising a medium-sized seven-digit amount. troy completed the funding round with the help of four new investors: eCAPITAL, BORN2GROW, Avala Capital and Seed X Liechtenstein AG. Also, all existing investors have re-invested. The former lead investor, HTGF High-Tech-Gründerfonds, […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Nov
11

Glasgow in sights of fintech aiming to disrupt lending market

A fintech start-up founded by a Glaswegian entrepreneur is aiming to disrupt the lending market with a “totally new and fair approach” – and set to roll out low-cost loans for public sector workers in locations including Glasgow. Salad Money, founded by Debt Hacker campaigner Alan Campbell, is looking to “smash the monopoly” of credit […]

By Reposted by International FinTech | Borrowing . FinTech . Lending
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Nov
11

Bahrain’s fast track plan to become a FinTech hub

FinTech is one of the key focal points of governments in the GCC, as it is at the core of facilitating the economy. Easing payment methods and making them faster not only helps businesses receive payments and clear dues quickly, but also facilitates business projects faster. Not to forget that the international nature of economy […]

By International FinTech | FinTech
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