Fintech investment in UK reaches $48.5 bn in 2019
83% of the fintech deals in Europe took place in the UK...
Tag : FinTech
South African fintech Jumo raises $55 million in Goldman-led funding
The proceeds of the funding will be used to expand its operations into new markets and launch new products...
British fintech Revolut secures $500 mn funding to fuel expansion
The UK startup digital bank is now valued at $5.5 bn...
Global fintech deals fall by 4% as China suffers
3,472 fintech deals were recorded with a total value of $53.3 bn in 2019...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...
Brexit sees German fintech N26 exit UK business
The neobank will close down all accounts on April 15...
Thailand to introduce QR code for cross-border payments in Asean
Cross- border QR code payments to Singapore, Myanmar and Cambodia will be available by mid-2020...
Nigerian fintech startups attracted $122 mn in funding in 2019
Total funding accumulated by fintechs fell by 21.8% year-on-year...
StanChart and Bahrain Fintech Bay to nurture fintechs
The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs...
WEX to acquire Singapore fintech eNett, Optal for $1.7 billion
Optal is a shareholder of eNett and the primary issuer of eNett payments...