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Singapore Based Fintech Nium Recieves UK Electronic Money Institution License
Fintech Investment Services News

Singapore Based Fintech Nium Recieves UK Electronic Money Institution License

Fintech News Desk
by Fintech News Desk0
Nium, a Fintech payments platform, has received an electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA) to issue e-money and provide cross-border digital payment services in the UK. Read More: GlobalFintechSeries Interview with Erwan Gelebart, CEO at Veon’s JazzCash Nium, based in Singapore, currently offers services......
Business News

European Private Equity Activity Drops Sharply in Q2 2020 Amid COVID-19 Uncertainty

Fintech News Desk
by Fintech News Desk0
PitchBook, the premier data provider for the private and public equity markets, today released its Q2 2020 European Private Equity Breakdown, which found European private equity (PE) deals and fundraising sharply declined through the first half of the year. As the COVID-19 crisis unfolded, lenders concentrated on existing loans, sellers tabled......
Hummingbird Raises $8.2M To Automate Financial Compliance Technology
Fintech Fintech Funding News

Hummingbird Raises $8.2M To Automate Financial Compliance Technology

Fintech News Desk
by Fintech News Desk0
The RegTech Startup that Automates Suspicious Activity Investigation and Reporting Plans for Growth in Data Collaboration and Machine Learning Hummingbird RegTech, a provider of anti-money laundering (AML) compliance technology, raised $8.2M in its Series A funding round. Hummingbird’s products have driven efficiency gains of 80-90% in financial services providers’ workflows for investigating......
Record B2B Growth Drives ‘Step-Change’ for moneycorp
Fintech News

Moneycorp Secures its E-Money and MiFID Licences in Ireland

Fintech News Desk
by Fintech News Desk0
Moneycorp Group, the global foreign exchange and payments business has been granted its Electronic Money Institution (E-Money) and MiFID licences by the Central Bank of Ireland (CBI), further bolstering its offering and expansion in the European Union (EU). Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group......
Dentons and eClerx Announce Strategic Partnership
Artificial Intelligence Business Fintech News

Dentons and eClerx Announce Strategic Partnership

Fintech News Desk
by Fintech News Desk0
Dentons, the world’s largest law firm, and eClerx Markets, a market leader in business process management for the financial markets, announce the formation of a strategic partnership. This partnership combines Dentons’ legal expertise and global reach with eClerx’s proprietary technology and operational expertise, as well as its knowledge in AI-based......
Featured Fintech Fintech Funding Fintech Startups

Fintech Start-up Marqeta Lands USD 150 Million in New Funding Raising Its Valuation to $4.3 Billion

Paroma Sen
by Paroma Sen0
At a time when business continuity is top-of-mind for most leaders and valuations are constantly on the downfall, global card issuing platform Marqeta announced that it has raised an additional $150 million in new capital. FT Partners, a Fintech-focused investment bank is said to have advised Marqeta on the $150......
CreditEase Fintech Investment Fund Joins $36 Million Series B+ Funding Round in China's Startup Fenbeitong
Fintech Fintech Funding News

CreditEase Fintech Investment Fund Joins $36 Million Series B+ Funding Round in China’s Startup Fenbeitong

Fintech News Desk
by Fintech News Desk0
CreditEase Fintech Investment Fund announced that it joined a $36 Million Series B+ financing round in Fenbeitong, a renowned corporate expense management start-up in China, alongside Eight Roads, Glade Brook Capital, Ribbit Capital, IDG Capital and China Growth Capital. Fenbeitong helps companies to better manage and control their expenditures through technological innovations. Founded in......
2019 Another Blockbuster Year for Fintech: KPMG Pulse of Fintech
Business Investment Services News

2019 Another Blockbuster Year for Fintech: KPMG Pulse of Fintech

Fintech News Desk
by Fintech News Desk0
Cross-border M&A remains strong at $USD54.2 billion in deal value – despite ongoing global trade tension Fintech deals by global tech giants on the rise with $USD3.5 billion invested across 46 deals in 2019 $USD135.7 billion in global fintech funding in 2019, including record-setting $USD77.1 billion in Q3’19 Global fintech......
Startup Investors Shun Asia in 2019 and Flock to Americas and Europe
Banking Fintech Startups

Startup Investors Shun Asia in 2019 and Flock to Americas and Europe

Fintech News Desk
by Fintech News Desk0
American Startups Attracted More Funding Than the Next 30 Countries Combined HexGn released a study of the funding trends in the global startup ecosystem in 2019; the team analyzed over 60,000 deals and one million data points for the report. Globally, the total funding for technology startups this year dipped......
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