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...
Tag : FinTech
Ireland: Is the Silicon Valley of fintech facing a Brexit windfall?
As the Brexit uncertainty drags on, Ireland’s time to snatch the European fintech innovation hotspot tag might have come...
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...
Mobile Money in Nigeria: Will MTN succeed where others failed?
While mobile money is already a success in Kenya, Nigeria is finally adopting the right policies to make it a success...
UK P2P lender Zopa to secure £130 mn to become virtual bank
Zopa was the first peer-to-peer lending firm in the UK—lending nearly £4 billion to consumers since inception...
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...
Alibaba’s Ant Financial to raise $1 bn to invest in SE Asia
The fund will invest in payments and fintech startups in Southeast Asia and India...