Tag: Fintech

A recent blogpost by Sigma Ratings has detailed how the FinTech industry is facing heightened scrutiny from regulators as issues around compliance comes to the forefront.

Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.

Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.

Research by Claurus Investments has found investment in early-stage FinTech funding rounds is declining as investors begin to focus their capital on more mature companies.

Homeppl, which helps property managers check their tenants and take out rent insurance, has reportedly collected $1.4m in funding.

Digital banking transaction security developer OneSpan has deployed its technology into BankID to help improve customer experiences.

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

TheCityUK has outlined a new international strategy designed to make the UK become a leading financial centre over the next five years.

Tajikistan-based FinTech Alif has raised $58m UK-based investment vehicle Jefferson Capital to grow its market footprint across Central Asia and worldwide.

The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.