Tag: Economic Growth
Helicap secures $50m credit facility with XenCapital to boost southeast Asian...
Helicap, a Singapore-based FinTech firm, has successfully secured a $50m credit facility with XenCapital, the lending arm of the FinTech unicorn Xendit, which operates across Southeast Asia.
ThinCats lands £75m in mezzanine funding from CPP Investments
ThinCats, a leading player in the FinTech sector, has just secured £75m in a mezzanine funding injection from CPP Investments.
Malaysia’s path to enhanced financial transparency and AML compliance
Financial institutions and regulated entities across Malaysia are gearing up for the nation’s fifth mutual evaluation by the FATF, scheduled for 2025.
Lithuanian lender Finbee Verslui raises €35m to fast-track business loans
Finbee Verslui, an alternative lender based in Lithuania, has successfully closed a funding round, securing a €35m investment.
How the UAE’s exit from the FATF grey list boosts international...
The United Arab Emirates (UAE) has made significant strides in its anti-money laundering (AML) and combating the financing of terrorism (CFT) frameworks.
Instant Factoring IFN enhances lending in Romania with €1m EIF investment
Instant Factoring IFN, a pioneering Romanian FinTech firm, has recently secured a significant financial boost.
High interest rates cause Lending Tech seed deal activity to almost...
Key Global Lending Tech seed investment stats in Q1 2024:
• Lending Tech seed deal activity reached 46 funding rounds in Q1 2024, a 49%...
PayU injects $5m into BRISKPE, boosting India’s cross-border payment capabilities
BRISKPE, a Mumbai-based cross-border payments platform, has successfully secured a $5m seed investment from FinTech giant PayU.
Blair Institute urges Labour to embrace FinTech for economic growth
The Tony Blair Institute for Global Change has called on the Labour Party to leverage the FinTech sector as a catalyst for economic growth, opportunity, and inclusivity across the UK, should it emerge victorious in the upcoming UK general election.
Worth AI launches innovative AI platform to transform business credit scoring
Worth AI, a pioneering FinTech Software as a Service (SaaS) startup, officially announced the launch of its groundbreaking artificial intelligence (AI)-powered risk management and underwriting platform today.