San Francisco is reportedly once again at the center of a tech revival, with entrepreneurs and investors returning to the city after a period of exodus during the pandemic. Tech leaders who had previously relocated to cities like Miami are now returning to San Francisco,...
Sudan-based Bloom has raised $6.5 million in seed funding round, the FinTech announced in a press release Wednesday (July 20). The company’s investors include Visa, Y Combinator, Global Founders Capital and Goodwater Capital, as well as angel investors like Dropbox co-founder Arash Ferdowsi, footballers Blaise...
Philippine FinTech platform NextPay got a financial shot in the arm with $125,000 in pre-seed funding from Silicon Valley startup accelerator Y Combinator (YC), e27.com reported on Tuesday (March 23). A digital bank targeting small and medium-sized businesses (SMBs) in the Philippines, NextPay is earmarking...
Traditional financial institutions (FIs) continue to anticipate future demands and make progress in their modernization efforts, but they’re not doing it alone. In this week’s roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX...
June 30, 2024
Artificial intelligence (AI) may cut costs, but financial services companies have reportedly been slow to embrace it. That’s according to a report Sunday (June 30) by the Financial Times (FT), which said that regulatory concerns and worries about job losses have kept banks from adopting AI products. “The big banks will definitely not adopt [the […]
February 19, 2024
San Francisco is reportedly once again at the center of a tech revival, with entrepreneurs and investors returning to the city after a period of exodus during the pandemic. Tech...
July 20, 2022
Sudan-based Bloom has raised $6.5 million in seed funding round, the FinTech announced in a press release Wednesday (July 20). The company’s investors include Visa, Y Combinator, Global Founders Capital...
March 23, 2021
Philippine FinTech platform NextPay got a financial shot in the arm with $125,000 in pre-seed funding from Silicon Valley startup accelerator Y Combinator (YC), e27.com reported on Tuesday (March 23)....
