September 6, 2024
In June 2021, Ziinafresh out of the first YC cohort that year and secure $7.5 million seedlaunched its fintech application to 20,000 individual customers, allowing them to send and receive money. Three years later, the Dubai-based startup, which now has 50,000 individual and business customers after expanding its offering to meet the needs of micro,
September 5, 2024
New Delhi: India’s financial sector is growing rapidly, with fintech startups increasing five-fold in the last three years, according to a report. The growth has increased from 2,100 in 2021 to 10,500 by 2024. JM Financial said in a report: “Currently, India has 26 fintech unicorns with a combined market value estimated at $90 billion.”
September 5, 2024
In a major acquisition that promises to reshape the future of finance Paylocity, the enterprise spend management software company, has agreed to buy startup Airbase for $325 million. The deal between the HR platform leader and the fast-growing financial services provider means expanded opportunities at the intersection of human resources and finance operations. Subject to
September 5, 2024
Free Newsletter Get the latest Swiss Fintech news delivered to your inbox once a month 11 fintechs are featured in this year's TOP 100 Swiss startups list, an award organized by Venturelab. The 2024 ranking presents a total of 100 startups, Yokoy is once again the highest ranked fintech. The newcomer to the fintech sector
September 5, 2024
Fintech Lending Startup Axio raised $20 million in a equity financing round Since Amazon Smbhav Venture Capital Fund. The new funds will be used to drive growth, expand lending operations, expand cash register financing use cases and introduce more credit products to customers throughout their financial lifecycle, it said in a statement Friday. The funding
September 5, 2024
Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding RoundThe startup is expected to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. June 13, 2024
September 5, 2024
Less than two years after raising $80 million in Series D, automated debt manager Pointing has closed after being unable to raise more funds in a difficult environment for fintech startups. Founder and CEO Jason Brown said in a Post on LinkedIn“We have made the difficult and sad decision to close Tally. This is not
September 4, 2024
Hong Kong fintech company Fund park has secured a three-year, $250 million private loan from HSBC Holdings Plc as a senior facilities supplier, the second such investment the company has secured this year. Funding for asset-backed securities comes from HSBC 3 billion dollars “A new economy facility” focused on technology and healthcare in Hong Kong
September 4, 2024
Egyptian Fintech Startup Connect Money Secures $8 Million in Seed FundingConnect Money, an Egyptian fintech startup, recently secured $8 million in seed funding. The company plans to launch new business lines using the funding….June 28, 2024
September 4, 2024
Last year, the world of fintech startups — star of the heyday of venture capital in 2021 — began to collapse as venture capital funding became more limited. As we approach mid-2024, large swaths of the industry are now in a complete mess, particularly the banking-as-a-service (BaaS) sector, which ironically, Last year, experts told us
September 4, 2024
Welcome to Fintech TechCrunch! This week, we look at Stripe's big product announcements, a Brazilian fintech startup's valuation boost, and more! To receive a roundup of TechCrunch's biggest and most important fintech stories in your inbox every Sunday at 7 a.m. PT, subscribe here. The big story Band announced that it would be decoupling of
September 4, 2024
Venture capital investments in financial services and fintech in 2023, which, just a few years ago, was the leading sector for financing startups worldwidetotaled $43 billion, its lowest level in six years, according to Crunch Database data. That’s down more than 50% year-over-year from the $89.5 billion invested in financial services in 2022, and even
