$4.6 billion. That’s the record amount of venture capital (VC) funding African tech startups raised in 2021, a 150%+ year-on-year increase and larger than the funding amounts of the preceding three years (2018 to 2020) combined. If the previous amounts hadn’t already shown the huge...
In today’s FinTech news, Bloom raises money to fund digital startups, while experts weigh in on the disruption of cryptocurrencies. Plus, Klarna is eyeing short-term profits over company growth. Growth Capital Funding Startup Bloom Raises £300M Bloom Group S.A. raised £300 million (roughly $376 million)...
In today’s FinTech news, the AWS Healthcare Accelerator launches another health equity program. Plus, hotel reservations are being converted into NFTs. Amazon Web Services Launches New Healthcare Cohort Amazon Web Services (AWS) is introducing AWS Healthcare Accelerator, which will focus on health equity. The new...
Elevandi, a company established by the Monetary Authority of Singapore (MAS) to promote FinTech in the digital economy, has formed its advisory committee. According to a Thursday (May 19) news release, the committee will offer guidance on sparking global conversations to shape FinTech industry agendas...
In today’s FinTech news, the founder of crypto exchange FTX Sam Bankman-Fried said he doesn’t think bitcoin can be a payment method. Plus, Buymie is expanding its digital grocery delivery service to more cities in Ireland and the U.K. FTX Founder Says Bitcoin Fails as...
In today’s FinTech news, the Italian bank Nets is buying German point of sale firm orderbird, while London financial services firm Ebury signs a deal for the Brazilian FinTech Bexs. Plus, Checkout.com is acquiring the French digital identity verification startup ubble. Italian Payments Bank Nexi...
In today’s FinTech news, spare change can add up to (possible) bitcoin wealth with a new savings app for the French, while an embedded finance tool can help small businesses transform. Plus, digital data is being tapped to provide in-store intel. Bitstack Secures $1M to...
In today’s FinTech news, Accountable has fresh capital for its mission to ease accounting and tax handling for freelancers, while Western Union and PagaPhone are making it easier to send money to Mexico. Plus, the Federal Reserve is overhauling old lending rules for digital times....
In today’s FinTech news, Neat Capital is expanding its lending business to help home buyers close fast, while Abhi’s lending business in Pakistan helps people hold on until payday. Plus, NovoPayment eyes new locations in Austin and San Francisco. Home Loan FinTech Neat Capital Wraps...
