Pluang scores $3m in its Series A

Pluang, an Indonesian company democratizing access to financial products in the country, has raised $3m in Series A funding.

Snoop raises £3.2m in a funding round ahead of its Series A later in...

Snoop, a FinTech platform which helps consumers to improve their savings, has reportedly raised £3.2m in a new funding round.

Estonia-based SPARQ said to close €440,000 investment

Estonian personal finance startup SPARQ has reportedly closed a €440,000 investment from the Baltic International Bank, extending the seed round to a total of €500,000.

Digital engagement platform Flourish Savings said to close $1.5m

Flourish Savings, a digital engagement platform aimed at financial institutions, has reportedly raised $1.5m in a fresh funding round.

FOMO teams with Atome to expand BNPL across Asia

Singaporean payments company FOMO Pay has partnered with buy now pay later (BNPL) firm Atome to expand the use of BNPL in Asia.

Fintech Working Group taps Boston for new financial innovation hub

The Massachusetts Fintech Working Group is set to launch a new FinTech innovation centre aimed at making the most of the states’ tech-heavy economy.

Bari Bank introduces credit and debit card for children

Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.

Catch bags Series A to enhance its independent worker-focused benefits app

Catch, a portable benefits platform for independent workers, has scored $12m in its Series A round, which was led by Crosslink Capital.

Cross-border QR payments introduced in Thailand, Indonesia in pilot trial

A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.

Peter Thiel-backed B2B platform ShopUp inks $75m Series B

Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.

News Stories

Weekly FinTech funding falters after strong week

Weekly FinTech funding falters after strong week

Total funding took a nose dive from last week. A total of $580m was raised across 33 FinTech funding rounds this week, compared to the $1.8bn raised the previous week.  
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 
regulator

Regulatory oversight in the crypto realm: A deep dive into communication practices

As crypto firms face a challenges, regulators have launched investigations into companies' GRC arrangements.
Klarna's path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna’s path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.
Driving growth in WealthTech: The critical role of adaptive IT architecture

Driving growth in WealthTech: The critical role of adaptive IT architecture

The WealthTech landscape is undergoing constant transformation. A significant driver of this change is the influx of younger customers due to the great wealth...

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