Tag: Financial Inclusion
Ozone API secures £8.5m in Series A funding for global open...
Ozone API, the trailblazing open banking platform, has successfully secured a substantial £8.5m in Series A funding. This significant financial injection was spearheaded by Gresham House Ventures, renowned for its strategic investments in burgeoning software and technology-enabled enterprises.
Lending Technology was the most active FinTech subsector in Southeast Asia...
Key Southeast Asia FinTech investment stats in 2023 (excluding Singapore):
· Southeast Asia FinTech deal activity totalled at 111 deals in 2023, a 47% drop...
DMI Group acquires ZestMoney in fire sale
The DMI Group has revealed its strategic acquisition of the ZestMoney platform in a fire sale that concludes a turbulent year for the Goldman Sachs-backed firm.
CollateralEdge empowers middle market with Phalanx Impact Partners’ significant FinTech funding
Phalanx Impact Partners, a pioneering investment firm with a focus on fostering positive environmental and community change, has recently announced a significant investment in CollateralEdge.
Uruguay’s Prometeo secures $13m for open banking expansion in Latin America
Prometeo, an innovative startup based in Uruguay, recently announced a significant milestone in its journey to revolutionise open banking across Latin America.
Salmon secures controlling stake in Filipino bank
Salmon, a Southeast Asian FinTech startup, has received regulatory approval to acquire the controlling interest in Rural Bank of Sta. Rosa (Laguna), making it a licensed bank in the Philippines.
Mastercard partners with illicocash to launch virtual cards in DRC
Mastercard and illicocash, the FinTech division of Rawbank, are collaborating to introduce a virtual card program in the Democratic Republic of the Congo (DRC).
Komunal, Indonesia’s pioneering FinTech, secures $5.5m in extended Series A from...
Jakarta-based Komunal, an innovative player in the FinTech sector, has successfully raised an additional $5.5m in its extended Series A funding round.
Funding Societies raises major funding to boost MSME financing in Southeast...
Funding Societies, a leading Southeast Asian FinTech company, has recently secured a substantial investment from Khazanah Nasional Berhad and CGC Digital Sdn Bhd.
D•One joins hands with Salad Money to revolutionise open banking lending
Salad Money, a pioneering social enterprise, and D•One, The ClearScore Group's open banking services arm, have recently entered into a significant partnership.