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India-based fintech startup CRED has raised USD 75 million in its latest funding round supported by existing investors such as GIC, Sofina and RTP Global.
funding, digital payments, startup, fintech, e-wallet
British startup Velocity has reportedly raised USD 10 million in a pre-seed funding round led by Activant Capital.
funding, treasury, stablecoin, payments , startup
Emirates Development Bank (EDB) has launched EDB 360, a fee-free digital banking platform created to support the nation’s entrepreneurs and SMEs.
SMEs, product launch, digital banking, startup, banks
ZikZuk, a fintech startup, has received in-principle authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI).
UPI, prepaid card, digital payments, fintech, startup
Affiniti has raised USD 17 million six months after its seed funding round, in which the company gained USD 11 million.
funding, startup, SMEs, spend management, credit card
Lynq, a real-time, yield-bearing settlement network for digital assets, has partnered with Crypto.com Exchange.
cryptocurrency, startup, product launch, digital assets, partnership
Malaysia-based payment network PayNet has launched a fintech hub to focus on industry growth and startup development.
fintech, global hub, startup
The European Central Bank (ECB) has launched a platform to engage with market stakeholders in the ongoing development of the digital euro.
CBDC, digital euro, banks, digital payments, startup
DECTA, a provider of technical payment solutions, has launched DECTA Fintech Fast Track, a programme designed to support startups entering the card acquiring or issuing space.
Acquirer, Issuer, card scheme, product launch, startup
Acoru, a cybersecurity firm, has launched its operations following a period of stealth, preparing for a Series A funding.
startup, funding, GenAI, cybersecurity, fraud prevention
ASG2 Pte Ltd, a subsidiary of Aspire, has secured the Capital Markets Services Licence (CMS) from the Monetary Authority of Singapore (MAS).
SMEs, financial services, product launch, investment, startup
Global digital payments and commerce platform PayPal has teamed up with Ignyte to assist in the development of the UAE’s startup and SME ecosystem.
partnership, SMEs, startup, ecommerce, digitalisation, digital payments
Expense management fintech Ramp has increased its valuation to USD 13 billion following a USD 150 million secondary share sale.
spend management, funding, fintech, startup
Dodo Payments, an India-based merchant-of-records platform, has raised USD 1.1 million in a pre-seeding funding round led by Antler, 9Unicorns, and Venue Catalysts.
funding, cross-border payments, checkout optimisation , startup, expansion
Capim, a Brazil-based startup specialising in BNPL solutions for dental services, has secured USD 26.7 million in a Series A funding round.
BNPL, funding, startup, SaaS, instalment payments
Australian fintech company Zeller has announced a new financial product aimed to assist technology startups.
product launch, fintech, startup, digital banking
XPay, a fintech startup, has announced a partnership with Huawei Cloud Services to upgrade digital payment systems for businesses in Egypt.
partnership, payments , fintech, startup
Ghanaian digital banking startup Affinity has secured USD 8 million in seed funding to expand its range of financial services in a market where mobile money dominates.
startup, funding, digital banking, investment
T2, a Saudi technology services and solutions provider, has acquired a majority stake in the startup Moola.
fintech, startup, acquisition, financial institutions, expansion
Cushion, a US-based fintech with over USD 20 million in funding, has announced that it will be shut down after eight years of operating.
fintech, funding, financial services, startup, banks