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Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.
digital banking, neobanks, product launch, bank account, online banking
Standard Chartered-backed Zodia Markets has announced a strategic partnership with Singapore-based digital currency payment institution Triple-A.
cryptocurrency, partnership, digital assets, digital payments
Singapore-based digital currency payment institution Triple-A has raised USD 10 million in a Series A funding round led by Peak XV Partners.
funding, investment, digital assets, cryptocurrency
Singapore-based digital finance platform Funding Societies has secured USD 27 million in debt funding to bridge the credit gap for SMEs in SouthEast Asia.
funding, lending, financing , SMEs, cash flow
Indian Bank has partnered with India-based mobile-oriented credit card company OneCard to launch contactless, co-branded metal cards.
mobile banking, product launch, credit card, partnership, fintech
Singapore-based digital bank Tonik has partnered with retailer Home Along to support the growth of the former’s Shop Instalment Loan.
lending, partnership, instalment payments, retail
Saudi-based fintech Tamara has secured a USD 150 million debt facility from Goldman Sachs to expand across its range of financial products.
BNPL, funding, debt facility, expansion, fintech
Singapore-based fintech specialising in cross-border payments, Tazapay, has announced it has raised USD 16.9 million in a Series A funding round led by Sequoia Capital Southeast Asia.
fintech, cross-border payments, cross-border ecommerce, ecommerce, local payment method, credit card, debit card, real-time payments, API, funding, crowdfunding, SaaS, travel payments, Open Banking, marketplace
Philippines-based neobank Tonik has launched two lending products, Flex Loan and Big Loan, to further financial and credit inclusion.
online banking, neobanks, lending, interest rate, digital banking, equity
The Saudi Central Bank (SAMA) has granted permit to Lean Technologies and Mod5r to its Regulatory Sandbox.
central bank, regulatory sandbox, Open Banking, regulation
India-based credit card fintech OneCard, has joined the unicorn club following a new round of funding worth upwards of USD 100 million, bringing the company to a USD 1.4 billion valuation.
funding, investment, credit card, debit card, mobile money, startup, Unicorn
Indonesia-based delivery company Astro has recently closed a USD 60 million Series B funding round, lifting its total funding to USD 90 million since the business launched in late 2021.
funding, crowdfunding, delivery, ecommerce, ecommerce platform, cash, cash flow, expansion
India-based restaurant management platform UrbanPiper has announced it raised USD 24 million in a Series B funding round led by Sequoia Capital India and Tiger Global.
delivery, POS, digital payments, ecommerce, COVID-19, expansion, funding, payments infrastructure, e-invoicing
India-based fintech startup CredAvenue has received unicorn status after raising USD 137 million in Series B financing at USD 1.3 billion valuation.
startup, fintech, lending, funding
Gulf Buy Now, Pay Later company tabby has announced it raised an additional USD 54 million as part of an extended Series B funding round started in the summer of 2021.
funding, crowdfunding, BNPL, expansion, cashback, luxury goods, instalment payments
Tonik Financial has raised USD 131 million in Series B funding led by Mizuho Bank and new investors including Prosus Ventures, Sixteenth Street Capital, and Indonesian family office Nuri Group.
digital banking, banks, funding, fintech, financial services
Polygon, a secondary scaling solution for the Ethereum blockchain, has raised USD 450 million in a round of funding led by Sequoia Capital India to support the firm’s Web 3 plans.
funding, Web 3.0, Ethereum, blockchain
Saudi financial technology startup Lean Technologies has raised USD 33 million in its series A funding round led by Sequoia Capital India.
funding, Open Banking, fintech, startup, personal finance management
India-based fintech startup FPL Technologies has raised USD 75 million as part of its Series C funding round, led by its existing investor – QED Investors.
funding, credit scoring, wealth management, startup
India-based ecommerce startup Snapdeal has filed for an initial public offering, counting SoftBank among its backers, according to TechCrunch.
ecommerce, funding, IPO, startup