Tag: digital finance

US firms dominated WealthTech investment raising over 40% of all deals...

Key Global WealthTech investment stats in 2024: Global WealthTech deal activity plunged by 67% YoY US firms dominated the WealthTech market with 42% of...

German FinTech deal activity plunged by 63% in 2024 as investors...

Key German FinTech investment stats in 2024: German FinTech deal activity plunged by 63% YoY Average deal value more than doubled to $22.1m as...

MoneyLion reduces cost of capital with $70m refinancing from Silicon Valley...

MoneyLion has successfully completed a $70m loan facility refinancing with Silicon Valley Bank (SVB), a division of First-Citizens Bank & Trust Company.

Enhancing MSME support in Southeast Asia: Funding Societies lands $100m from...

Funding Societies, Southeast Asia's largest digital finance platform for micro, small and medium enterprises (MSMEs), announced a new milestone today with the signing of its third credit facility under the HSBC ASEAN Growth Fund.

Indian FinTech deal activity dropped by 43% in H1 YoY as...

Key Indian FinTech investment stats in H1 2024: Indian FinTech deal activity decreased by 43% YoY Average deal size increased from $12.7m to $16m...

The role of KYC in enhancing digital asset wallet security and...

Ever wondered why digital asset wallets require your details during setup? This verification process is not just a formality; it's crucial for security.

Maybank invests in Funding Societies to drive MSME digital finance in...

Maybank, which serves over one million small and medium enterprises (SMEs) across ASEAN, announced today a significant investment in Funding Societies | Modalku, Southeast Asia's foremost unified digital finance platform for micro, small, and medium enterprises (MSMEs).

Capitalize boosts digital rollover capabilities with $19m Series B funding

Capitalize, a pioneering platform designed to assist consumers and financial institutions with digital transfers of retirement assets, has successfully secured $19m in Series B funding.

Ascend Money raises $195m to drive financial inclusion in Thailand

Ascend Money, Southeast Asia's homegrown FinTech company, has successfully secured a significant investment totalling $195m.

Cloud-based finance leader AccountsIQ secures €60m Series C investment

AccountsIQ, a prominent player in the cloud-based accounting software arena, has successfully closed a €60m Series C funding round.

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