Tagged: Fintech Investments

October 26, 2020 @ 4:10 pm By Omar Faridi  |  

Venture capital funding for Fintech firms is down, however, large banks are “quietly” investing in startups, according to a report published by S&P Global Market Intelligence. VC funding available for Fintech companies may have declined due to the COVID-19 pandemic, however, established European banks are… Read More

October 25, 2020 @ 8:25 pm By Omar Faridi  |  

India is now home to more than 2,000 Fintech companies and has become one of the world’s largest financial technology markets (after the US, China and UK), according to a report from McKinsey & Company that was released earlier this month. The report notes that… Read More

October 14, 2020 @ 4:37 pm By Omar Faridi  |  

Grata, a company developing the “first-of-its-kind” small business B2B search engine, has secured $3.2 million in seed funding. As mentioned in a release shared with CI, Grata’s investment round was led by Bling Capital along with participation from Accomplice and Alumni Ventures Group. Former executives… Read More

October 14, 2020 @ 10:53 am By Omar Faridi  |  

Canapi Ventures, a company that aims to invest in early to growth-stage Fintech firms offering “disruptive” alternatives to outdated business models and technologies, has been making substantial investments in the financial tech sector, especially since August of this year. Headquartered in Wilmington, North Carolina and… Read More

September 16, 2020 @ 7:41 am By Omar Faridi  |  

Germany has one of the world’s most active Fintech sectors. It has become increasingly competitive with many new ventures being launched. There are more than 800 Fintech firms in Germany and $2.2 billion has been invested into the sector between January 2019 and August 2020,… Read More

September 15, 2020 @ 10:54 pm By Omar Faridi  |  

AMTD recently revealed that it has invested in several Fintech firms, as a part of its Singapore Solidarity Fund, under the purview of the ASEAN Solidarity Fund Group. AMTD has reportedly invested in the operations of Active.ai, Cardup, Funding Societies, PolicyPal, and Transwap. AMTD maintains… Read More

September 9, 2020 @ 8:40 pm By Omar Faridi  |  

Fintech investments in Australia reached $376.5 million during H1 2020, which represents a 150% increase when compared to the same period from last year when $149.05 million for raised by Fintechs in the country. But there was a significant drop in mergers and acquisitions (M&A)… Read More

September 1, 2020 @ 5:50 pm By Omar Faridi  |  

Linda Xie, co-founder at Scalar Capital, advisor at the 0x Project, and former product manager at Coinbase, says that if you’re a VC focused on investing in Fintech projects, then you really need to know what’s going in the so-called “decentralized” finance (DeFi) space, which… Read More

August 26, 2020 @ 11:31 pm By Omar Faridi  |  

Investments in private Fintech firms based in the Asia-Pacific increased by 9.1% to $1.4 billion during Q2 2020, when compared to Q1 2020, according to a report from S&P Global Market Intelligence. The Q2 APAC Fintech Funding Report (released on August 25, 2020) notes that… Read More

August 23, 2020 @ 4:30 pm By Omar Faridi  |  

The COVID-19 outbreak has created various socio-economic challenges and has also accelerated the shift towards all-digital platforms and services. Fintech adoption is one the rise, globally, due to what many consider permanent changes in consumer behavior. Individuals and businesses are conducting more online transactions instead… Read More

June 19, 2020 @ 12:30 am By Omar Faridi  |  

Asia’s Fintech industry has been negatively affected due to socio-economic challenges resulting from the COVID-19 outbreak. There’s reportedly been a significant decline in the number of financial technology deals closed. The amount of venture capital acquired by Fintechs in the Asia-Pacific (APAC) region dropped 58.5%… Read More

June 10, 2020 @ 7:03 am By Omar Faridi  |  

London’s Fintech sector has been growing steadily during the pandemic as significantly more consumers begin to use all-digital financial services. Nearly 40% of VC investments made this year in London’s tech startups involved Fintech projects, according to a report from Tech Nation and Dealroom for… Read More

May 21, 2020 @ 7:34 am By Omar Faridi  |  

Business intelligence firm Adkit Ltd. claims that the expected decline in Fintech-related investments will not be as severe as we’ve seen during the past few months. Nadav Pasandi, director and head of financial services at Akdit, confirmed in a report titled, “Fintech in the day… Read More