Ledgy closes Series A as it targets new markets
Ledgy, an end-to-end equity management platform, has reportedly collected $10m in its Series A round, which will support its growth in new markets.
Egypt-based MNT-Halan collects $120m to drive international growth
MNT-Halan, a banking platform based in Egypt, has collected $120m in a funding round to help its international growth.
PayTech Sokin joins Arsenal Football Club as money transfer partner
UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.
Late payments can create dangerous ‘domino effect’ across entire supply chain
A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.
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.
Fluency scores $1.3m in seed funding to grow CBDC blockchain platform
Blockchain start-up Fluency has reeled in $1.3m in seed funding from various unnamed European investors, giving the company a total valuation of $23.5m.
Mastercard acquires open banking company
Mastercard has acquired open banking technology developer Aiia to help its customers develop and launch new digital solutions that meet the needs of everyday life.
Green FinTech Sugi unveils carbon-offsetting feature for investments
FinTech startup Sugi has launched a new feature that allows its users to offset the carbon impact of their investments.
Challenger bank Alif secures $58m to expand geographical reach
Tajikistan-based FinTech Alif has raised $58m UK-based investment vehicle Jefferson Capital to grow its market footprint across Central Asia and worldwide.
Nigerian central bank to launch new CBDC through Bitt collaboration
The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.
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