Tagged: startups

January 7, 2021 @ 10:57 pm By Omar Faridi  |  

India’s B2B digital commerce platform Udaan has secured $280 million in funding via its extended Series D investment round from new and existing investors. Octahedron Capital and Moonstone Capital are listed as new investors. They’ve joined Udaan’s existing backers which reportedly includes Altimeter, DST Global,… Read More

January 6, 2021 @ 10:01 pm By Omar Faridi  |  

Singapore’s fast-growing 1,000+ Fintech sector includes a thriving Wealthtech segment which is on track to continue growing and maturing. It’s being supported by an increased interest from local investors, strategic acquisition deals, and the growing demand for automated financial advisory services (or Robo-advisors). Many younger… Read More

December 27, 2020 @ 11:08 pm By Omar Faridi  |  

Swisscom has published the latest Swiss Fintech Startup Map for December 2020. The new map features three new Switzerland-based startups for the month. The map offers regular updates on the Swiss Fintech sector. It’s now displaying a total of 376 Swiss Fintech companies. For the… Read More

December 15, 2020 @ 9:04 am By Samantha Hurst  |  

  Switzerland based Fintech Incubator & Accelerator F10 announced on Tuesday the launch of its new investment unit, F10 Investment AG. According to F10, the unit’s founding investors are F10 FinTech Incubator & Accelerator and the F10 Corporate Partners SIX Group as well as the… Read More

December 11, 2020 @ 3:21 pm By Omar Faridi  |  

An embedded Fintech is a non-financial firm providing its own financial technology products and services that aim to complement its existing business model, according to Christine Loredo, VP Fintech Evangelism and Innovation Programs at Yodlee. Loredo explains that embedded Fintech services allow big tech firms… Read More

December 7, 2020 @ 7:29 am By Omar Faridi  |  

  The steady growth of the global Fintech economy and Israel’s role as a key player in this nascent sector has become more prominent during the past few years. Israel’s Fintech industry is evolving into a leading hub for companies throughout the world. Fintech covers… Read More

December 2, 2020 @ 10:17 pm By Omar Faridi  |  

Adam Nash, the former CEO at Wealthfront, a software-based financial advisor, is in the process of launching a new Fintech firm that has acquired an investment from Ribbit Capital, a few angel investors, and Nash’s friends as well. Other investors that took part in the… Read More

November 28, 2020 @ 1:54 pm By Omar Faridi  |  

OwnHome, the recent winner of Xccelerate2020, the startup competition that’s managed by the Commonwealth Bank of Australia’s Fintech incubation division X15ventures, has reportedly received $150,000 in capital after grabbing the number one spot in the contest. Over 80 different startups had applied to take part… Read More

November 2, 2020 @ 6:01 pm By Omar Faridi  |  

Allens is reportedly seeking applications for its legal accelerator program, called Auctus, which was introduced on November 2, 2020. The program is being offered through a partnership with Collective Campus, a corporate innovation consultancy, and startup accelerator. The Auctus Legal Accelerator program provides innovators and… Read More

October 31, 2020 @ 3:23 pm By Omar Faridi  |  

Aristagora Advisors, a Japanese asset management company, recently launched a $60 million VC fund, called Aristagora VC, which is focused on early-stage Israeli startups. Aristagora VC aims to focus on deep tech firms and will be investing anywhere between $500,000 to $1.5 million as an… Read More

October 22, 2020 @ 10:29 pm By Samantha Hurst  |  

Pulley, a U.S.-based cap table platform for hyper-growth startups, announced on Wednesday it raised $10 million through its Series A investment round, which was led by Stripe, with participation from General Catalyst, Caffeinated Capital, 8VC, Combine and Hustle Fund. Founded in 2019, Pulley’s mission is… Read More

October 18, 2020 @ 10:51 pm By Omar Faridi  |  

ING Bank, which is part of the ING Group (AMS: INGA), a Dutch multinational banking and financial services corporation headquartered in Amsterdam, has confirmed that it will continue supporting startups focused on Fintech solutions. ING and the United Nations Children’s Fund (UNICEF) will be working… Read More

October 16, 2020 @ 8:14 am By Samantha Hurst  |  

Japanese fintech accelerator Plug and Play Japan held its six-day Fall Summit 2020 (Demo Day) for its accelerator program on September 28th. The program revealed that 161 international and domestic startups pitched to a total of 4,391 viewers during the event. According to Plug and… Read More

October 11, 2020 @ 10:26 am By Omar Faridi  |  

The Abraham Accords were recently signed between Israel and the United Arab Emirates (UAE) and the Kingdom of Bahrain.  The agreement is officially called the Abraham Accords Peace Agreement: Treaty of Peace. It establishes diplomatic relations and “full normalization” between Israel and several Middle Eastern… Read More

September 21, 2020 @ 9:56 pm By Omar Faridi  |  

The team at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, have introduced an initiative, called Ocean Shipyard, which is an early-stage program for Web 3.0 focused startups and projects that aim… Read More

September 18, 2020 @ 5:32 am By Omar Faridi  |  

Dana Farrugia, CEO at Tech.mt, a Żejtun, Malta-based IT company that was established last year by the Southern European island nation’s government, notes that her organization aims to help Malta with attracting foreign direct investment (FDI). It also aims to support international business development projects. Farrugia… Read More

September 17, 2020 @ 10:43 am By Samantha Hurst  |  

Silicon Valley accelerator, Plug and Play, announced on Thursday it selected 147 new startups into its winter 2020 batches. According to Plug and Play, the startups were selected to join one of the following programs that will run through November 2020: Energy, Fintech, Health, Insurtech, Internet of Things, Mobility, Real Estate &… 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 @ 10:25 pm By Omar Faridi  |  

Payments giant Mastercard has teamed up with the Qatar Development Bank (QDB) in order to support the ongoing development of the nation’s Fintech sector. Through the partnership, Mastercard and QDB will support the Qatar Fintech Hub (QFTH), which is a technology ecosystem that aims to… Read More

August 30, 2020 @ 4:08 pm By Omar Faridi  |  

Fuse Capital, a company established by experienced VCs and business owners based in Rio de Janeiro, Brazil, recently revealed that it’s raising its first overseas fund for investors looking for long-term, but high-risk investment opportunities. Launched in November 2019, Fuse Capital aims to assist Brazilian… Read More