India’s Fintech Firm, a Paytm announced that it has raised US $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Walmart’s PhonePe, and Facebook.
The fintech said the new financing round, dubbed Series G, was led by U.S. asset manager T. Rowe Price. Existing investors...
MyCash, a fintech remittance startup has also signed an MoU with a Bangladeshi bank and is also currently in talks to raise US$3-5M in Series A to take its financial services platform for unbanked migrant workers into new markets especially in the Middle East.
MyCash CEO Mehedi Hasan Sumon (L) signs an MoU with Bangladesh’s Premier Bank
MyCash Online, a Singapore and Malaysia-ba...
Australian fintech startup and global digital cross-border payments provider has launched its services in Canada, solidifying its presence in North America. The startup offers quick, convenient, and cost-effective digital cross-border money transfers to individuals and businesses globally. The startup was founded by Australian Indian, Prajit Nanu, who during a holiday trip to Phuket, Thailand expe...
Singaporean fintech startup Koku has unveiled its plans to expand into Indonesia, following a successful US$2 million pre-series A funding round earlier this year, which was led by Decent Capital, an investment firm started by Jason Zeng, who had co-founded Chinese tech giant Tencent Holdings.
The fintech startup works with Non-Bank Financial Intermediaries (NBFIs), building foreign e...
Despite the fact that the Fintech sector in Britain has continued to attract rising levels of investment despite global economic uncertainty and an impending recession, the industry is facing a big problem in term so of talent recruitment and gender diversity.
In a study involving over 224 fintech companies, the survey revealed that the average total investment raised by firms grew from US18.7 ...