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Revolut has announced a share deal with SoftBank to eliminate difficulties with its UK licence.
mobile banking, online banking, banking license, financial services, fintech, regulation
Japan-based SoftBank has planned to sell 4.5% stake in fintech Paytm, worth USD 215 million at a discount of 7% after the lock-in period.
investment, IPO, fintech, funding, Paytm
China-based ecommerce SaaS platform Dianxiaomi has announced it raised USD 110 million in a Series D funding round led by SoftBank Vision Fund 2 and Sequoia China, with the participation of Tiger Global Management, GGV Capital, and others.
SaaS, funding, crowdfunding, cross-border ecommerce, online platform, platform, ecommerce, ecommerce platform, SMEs, ERP, expansion
Brazil-based fintech Creditas has announced it is currently working with investors to raise USD 200 million, while planning to buy financial institutions such as banks and mortgage starups.
funding, crowdfunding, fintech, financial institutions, banking license, rebranding
Rappi, the SoftBank-backed Colombian delivery app, has received clearance to offer digital banking services following approval from the Andean country's financial regulator, according to Reuters.
Rappi, digital banking, regulation, banking license