May 21, 2025
Apex Group Acquires Tokeny: A Major Step in Fintech Innovation The Apex Group, a leading global financial services provider, has announced its acquisition of the Fintech startup Tokeny, which is based in Luxembourg. This strategic move allows Apex Group to take full control of Tokeny over the next three years, following a previous investment and
May 21, 2025
AUFIITY Group Secures €23 Million in Series C Funding for European Expansion AUFIITY Group, a Cologne-based fintech startup revolutionizing payments management in the automotive sector, has announced the successful completion of a €23 million Series C financing round. This funding will significantly boost the company’s efforts to expand across Europe and strengthen its strategic partnerships
May 21, 2025
Free Newsletter Subscribe for the latest updates on Singapore's booming news, delivered to your inbox monthly. The Remarkable Growth of Thailand's FinTech Industry The FinTech sector in Thailand has witnessed an impressive surge of 82.47% over the past five years, spurred by widespread adoption of digital financial services. A recent report by the News Network
May 21, 2025
Mobikwik Reports Significant Losses for FY2025 Despite Growth in Payment Activities Mobikwik, a prominent Fintech platform based in Gurugram, has reported a substantial loss for the financial year 2025, reversing its profitability from the previous year. The financial downturn can be attributed to rising costs and a decline in credit activity, despite notable gains in
May 21, 2025
Chique Revolutionizes Financial Access with Over 5 Million Users New Delhi (India), May 20: The Mumbai-based fintech platform, Chique, has achieved a remarkable milestone, surpassing 5 million users within just one year of launching on the Google Play Store. Bridging the Financial Gap Quid, an AI-driven financial technology platform, is dedicated to making loans accessible
May 20, 2025
Wave: Revolutionizing B2B Credit Automation with €3.2 Million Seed Round British startup Ontik has successfully raised a €3.2 million seed round, surpassing its original goal of €1.7 million. This funding will help Ontik automate commercial credit processes for B2B wholesalers, a sector that heavily relies on outdated manual practices. Investment Driving Innovation in Financial Technology
May 20, 2025
Affiniti: Redefining Financial Management for Small Businesses with AI A startup has set its sights on revolutionizing the financial landscape for the 33 million small businesses in the U.S. With a significant new financing round, Affiniti aims to enhance the role of AI agents as essential tools for small and medium-sized enterprises (SMEs). New Funding
May 20, 2025
Ontik Raises $3.7 Million to Transform B2B Wholesale Credit Management In a significant boost for the fintech industry, Ontik, a London-based startup, has successfully raised $3.7 million (approximately €3.28 million) in a seed funding round. This amount surpasses its original goal of $2 million, demonstrating strong investor confidence in its innovative solutions for business credit
May 16, 2025
PB Fintech Reports Strong Q4 Performance Driven by Insurance and Loan Growth PB Fintech, the parent company of popular online insurance aggregator Policybazaar and the Paisabazaar credit platform, announced impressive financial results for the fourth quarter ending March 2025. This growth has been propelled by robust performance in its insurance and lending sectors. Impressive Financial
May 15, 2025
The UK’s fintech sector has long been a poster child for innovation, attracting billions in investment and helping establish London as a global hub for financial technology. But behind the glossy headlines lies a growing concern: a struggle to hold onto the very thing that fuels all that innovation, talent. And in a post-Brexit world,
May 15, 2025
Payu Secures Final Authorization from RBI to Operate as an Online Payment System Payu, one of India's pioneering digital payment companies and a subsidiary of the Bass countries, has received final authorization from the Reserve Bank of India (RBI) to function as an online payment aggregator. This authorization comes under the Payment and Settlement Systems
May 14, 2025
Three South African Fintech Startups Shine in the Financial Times 2025 Rankings In a remarkable recognition, three South African fintech startups—Paymenow, Tymebank, and Omnise—have made it to the Financial Times (FT) Ranking of Africa 2025, highlighting the fastest-growing companies across the continent. This year marks the fourth edition of the FT rankings, developed in partnership
