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Germany-based insurance company Wefox has alerted investors that it may face insolvency due to financial losses and regulatory changes.
insurance, funding, financial services, Unicorn
India-based unicorn fintech, Slice, has announced its merger with North East Small Finance Bank after receiving approval from the central bank.
merger, banking, fintech, Unicorn, financial services
India-based instant grocery delivery startup Zepto has raised USD 200 million in a new funding round and became India’s first unicorn in 2023.
funding, startup, Unicorn, investment
Irina Ionescu, Senior Editor at The Paypers, provides an in-depth overview of the most promising fraud prevention startups in Israel, emphasising on their success model.
fraud management, fraud detection, online fraud, fraud prevention, identity fraud, startup, Unicorn, digital identity, biometrics, biometric authentication, AML, artificial intelligence, machine learning, payment fraud, CNP fraud, fraud platform
Germany-based Grocery delivery platform JOKR has raised USD 50 million in its Series C investment round, reaching a USD 1.3 billion valuation.
investment, funding, equity, Unicorn, delivery
UK-based digital bank Zopa has announced it secured a GBP 75 million in funding from existing investors to accelerate growth and explore potential mergers and acquisitions.
funding, banking, digital banking, Unicorn, M&As, expansion, lending, P2P, fintech, investment, financial services
Consumer credit platform Younited has raised EUR 60 million to expand its instant credit offering in Europe and reach unicorn status.
lending, funding, investment, expansion, Unicorn
After the flourishing period experienced in 2021, fintech companies are now facing difficult times due to sustained inflation and geopolitical conflicts that forced them into adapting a downsizing trend.
fintech, ecommerce, COVID-19, startup, online banking, digital payments, IPO, Unicorn, funding, cryptocurrency
Italy-based Satispay has raised EUR 320 million in a new investment round and is now valued at more than EUR 1 billion or USD 960 million.
funding, Unicorn, mobile payments, mobile banking, investment
Fintech providing BNPL services and digital finance services, Atome Financial, has announced it received USD 100 million worth of debt facility from HSBC Singapore to boost its flexible deferred payments business across Asia.
fintech, financial inclusion, BNPL, online banking, digital banking, funding, crowdfunding, Unicorn, digital payments, digitalisation, instalment payments
US-based multinational investment bank Goldman Sachs has extended a USD 150 million credit line to Mexican startup Clara, which lends to corporations and helps manage their spending.
funding, Unicorn, startup, lending, spend management