Alibaba-backed WeLab secures $156 mn funding to invest in R&D
The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank...
Category : Fintech
Grab launches SE Asia’s first numberless card
The GrabPay card, launched with a collaboration with Mastercard, is currently available in Singapore...
African fintech My-iMali raises funds to increase customer base
The South Africa-based startup received the funding from fintech holding company Crossfin...
Nigerian fintech Migo raises $20 mn for Brazil expansion
Investors participating in the funding round include Valor Capital, the Rise Fund and Velocity Capital...
SoftBank invests $100 mn in Mexican fintech Konfio
This is Softbank’s third investment in Mexico reflecting its interest to promote new technologies...
Revolut to disrupt UK traditional banking with direct debits
It has added a new feature where users can pay with direct debits in UK pounds...
Saudi epayments account for over 36% of all payments now
SAMA is encouraging financial inclusion in the Kingdom by supporting advancements in epayments such as Mada...
Brazil fintech Neon to boost customer base with $94 mn funding
The funding has raised Neon’s total valuation to more than $121 million...
Vietnam, Singapore receive 87% of fintech funding in SE Asia
Fintechs in SE Asia raised $1.14 bn during the first nine months of 2019, compared to $679 mn in 2018...
China fintech OneConnect skips HK, to raise $100 mn in US IPO
The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market...