United Fintech in third take-over of the year with FairXchange
United Fintech, which enables banks and financial institutions to accelerate their digitalisation efforts, has acquired a 25% stake in London-based FairXchange for an undisclosed...
GIMO secures funding to serve Vietnam’s blue-collar workers
Vietnamese FinTech startup GIMO, which offers on-demand pay for blue-collar workers, has raised $1.9m in a seed+ round led by Singapore’s Integra Partners. The round...
Hollydesk becomes Egypt’s first SME expenses and accounts FinTech to raise capital
Egypt-based Hollydesk has collected $325,000 in pre-seed funding, which makes it the first FinTech in the country aimed at managing SME expenses and accounts to raise capital.
Asilimia digitising financial economy for micro and small businesses in East Africa
Asilimia, which is building digital infrastructure to connect African MSMEs to the financial economy, has collected $2m in funding to support its growth.
Why flexibility is imperative when developing digital financial services
A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.
Tally Money launches savings product worth its weight in gold
UK-based Tally Money has launched a savings account, underpinned by gold, that offers a market-leading 2% fixed-rate return.
Oportun set to acquire neobank Digit in $213m deal
US FinTech company Oportun has entered an agreement to acquire neobanking platform Digit in a deal set to be worth $212.9m.
Pixie lands seed funding to serve SME accountancy market
Pixie, a UK-based startup that strives to provide a simple approach to practice management and workflow automation, has raised in £2.25m in seed funding.
Payable countering late bill payments with fresh funding
Payable, an open banking platform that helps bill payment management, has secured a $700,000 investment from x15ventures.
SME platform Sleek lands Series A funding
Sleek, a platform for entrepreneurs and business owners, has raised $14m in Series A funding, led by Jungle Ventures and White Star Capital.
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