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World Fintech News

Source: Thailand Fintech News  Dec 01, 2019
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...
Source: Thaiand Fintech News  Oct 14, 2019
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...
Source: Thailand Fintech News  Oct 01, 2019
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...
Thailand Fintech News  Sep 28, 2019
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...
Source: Thailand Fintech News  Sep 24, 2019
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 ...