Saudi Arabia-based CashIn raises $1.6 mn for business expansionIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 The funding round was led by BIM Ventures... Read more
Indonesian fintech Xendit raises $150 mn to earn unicorn statusWebAdminSeptember 15, 2021 by WebAdminSeptember 15, 2021 The funding round for Xendit was led by Tiger Global Management... Read more
PayPal agrees to buy Japanese BNPL firm Paidy for $2.7 bnWebAdminSeptember 9, 2021September 9, 2021 by WebAdminSeptember 9, 2021September 9, 2021 The transaction and the regulatory approval is expected to be completed by the end of 2021... Read more
Airwallex secures money services business licence in MalaysiaWebAdminSeptember 6, 2021 by WebAdminSeptember 6, 2021 Airwallex also recently launched in the US as a part of its global expansion plans... Read more
Does Brexit come as a great opportunity for the UK’s fintech sector?WebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 The UK’s fintech sector has the potential to keep the country as the global fintech hub... Read more
Brazilian fintech Nubank acquires Spin Pay to boost payment offeringsWebAdminSeptember 1, 2021 by WebAdminSeptember 1, 2021 The deal will also help Nubank expand the portfolio to offer its popular instant payments platform Pix... Read more
Standard Chartered partners with Linklogis on blockchain trade finance platformWebAdminAugust 31, 2021 by WebAdminAugust 31, 2021 This move will also help determine how viable is the crypto technology in global trade... Read more
The Arab Monetary Fund signs MoU with Visa for faster cross-border paymentWebAdminAugust 27, 2021 by WebAdminAugust 27, 2021 As per the agreement, Visa will collaborate with Buna, the AMF’s regional payment platform... Read more
Fintech investment in China reaches $1.3 bn in H1 2021WebAdminAugust 24, 2021 by WebAdminAugust 24, 2021 China attracted $900 mn in fintech investment in H1 2020... Read more
e-wallets in Egypt increases by 16% to 16.3 mn in H1 2021WebAdminAugust 19, 2021 by WebAdminAugust 19, 2021 The number of deposit operations increased by 109% reaching 13.8 mn... Read more