Startup News

October 14, 2024

Bitcoin.com News Ivory Coast fintech startup Waribei raises funding to boost support for small businesses Ivory Coast fintech startup Waribei has raised $820,460 in pre-seed funding to expand its platform, which aims to streamline financial transactions…. 12 hours ago

October 14, 2024

SUMMARY DMI Finance has appointed Niraj Khandelwal as Group Chief Financial Officer and Rachit Gupta as Group Head of Treasury While Khandelwal previously worked at Credit Suisse as head of financial accounting and regulatory reporting in Mumbai, Gupta recently worked with SMFG Grihashakti as head of treasury. Founded in 2008, the company acquired struggling fintech

October 14, 2024

SUMMARY It is pertinent to note that over the past year, the company has made three other key appointments including Sridhar Narayan as Chief Commercial Officer, Sumit Nigam as Chief Technology Officer and Anu Mathew as Director human resources. The company claims to provide 8.2 billion data points to banks and financial institutions every year

October 12, 2024

Tanzanian payment company Nala has secured $40 million in Series A funding, which it plans to use for global expansion and to strengthen its payment systems across Africa. Based in Kenya, Nala is a fintech startup enabling money transfers from the UK, US and EU to Kenya, Uganda, Tanzania, Rwanda and Ghana. This new funding

October 12, 2024

The company plans to develop a mobile application that simplifies financial management. Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It is possible

October 12, 2024

Digital banking provider Monzo Bank Ltd. Today disclosed that it completed a secondary sale for a valuation of $5.9 billion. A secondary sale is a transaction that allows a startup's employees and early investors to sell some of their shares. According to Monzo, Singapore sovereign wealth fund CIG and StepStone Group bought shares in the

October 12, 2024

As AI-generated slop takes over growing swathes of the user-generated Internet thanks to the rise of large language models (LLMs) like OpenAI's GPT, consider Wikipedia editors . In addition to their usual job of weeding out bad human edits, they must spend an increasing proportion of their time trying to weed out AI filler. Source

October 11, 2024

Bitcoin.com News Nigerian fintech Okra launches cloud unit to boost revenue Nigerian fintech startup Okra has entered the West African cloud infrastructure market with its new subsidiary, Nebula.. 5 hours ago

October 11, 2024

- Advertisement - Tenity VC's Climate Fintech 2024 report highlights Estonia as a global leader in climate fintech, showcasing remarkable growth, innovation and resilience in a rapidly evolving sector. The report reveals Estonia's exceptional performance, with the country leading on several key indicators, including the number of climate fintechs per capita and the rate of

October 11, 2024

Innovate Finance has revealed plans to shine a spotlight on fintech startups across regions across the UK with a new pitch initiative. The City of London Corporation-backed organization is to deliver a series of regional pitch events over the next 12 months across the North, South West, Midlands, Scotland, Ireland and Wales . As part

October 11, 2024

SUMMARY ToneTag is in preliminary discussions with Iron Pillar to raise at least $50 million in a combination of primary and secondary stock sales. The transaction is expected to see the startup's valuation more than double from its last valuation of $100 million. Founded in 2013 by Vivek Singh and Kumar Abhishek, ToneTag provides audio

October 10, 2024

SUMMARY Shares of PB Fintech fell to INR 1,628.3 apiece on the BSE today, down 1.5% from the previous close. The share price drop came after brokerage firm Bernstein expressed caution over the company's plans to venture into the healthcare sector. Bernstein expects stock price to fall as much as $100 million if PB Fintech's