Friday, May 20, 2022

Financial Industry Veterans to Launch Blank Check Company

Blank-check firms are already making a huge comeback, and now, two of the widespread financial industry veterans with a kinship for fintech have joined...

U.K. Consumers Hit By Wirecard Scandal: Forced to Freeze the Account

Some of the financial technology applications dependent on the scandal-hit payments processor ‘Wirecard’ was recently forced to halt their accounts. Due to this temporary...

Latin American Fintechs are Educating Consumers on Personal Finances and More

Financial education is a high-priority goal of several countries across the globe. Its widespread positive impact is proven to enhance community development, social conditions,...

Fintech startup Qwil Receives $200 Million in Debt Funding and $24.4 Million in Equity

Qwil, a startup known to offer financing to small businesses and freelancers, has raised approximately $200 million in debt funding and $24.4 million in...

QFPay Raises USD 20 Million to Develop New Digital Payment Solutions

Digital payments startup, QFPay stated today that it had raised USD20 million in fresh funding led by returning investors Sequoia Capital China and Matrix...

FIS Acquires Global Payments Leader

FIS (NYSE: FIS) recently declared the closing of its procurement of global payments leader Worldpay, Inc., producing a global leader in technology and solutions...

Wharton Incorporates Stevens Center to Scrutinize Financial Technology

The Wharton School stated the creation of the Stevens Center for Innovation in Finance recently, and this is going to be a new financial...

Fidelity to Acquire Worldpay

U.S. fintech (FIS) Fidelity National Information Services Inc., to purchase payment processor Worldpay for approximately USD 35 billion. Fidelity National Information Services Inc., a...

Standard Chartered Launches a Fintech Bridge

The investment division of Standard Chartered Bank, SC Ventures, has designed a platform to combine community builders such as investors, startups, and accelerators. The...

Singapore Based Fintech Startup Closes $41M Series C Funding

Singapore based firm Instarem, a fintech startup that supports banks and customers transfer money overseas at lower cost, has secured a USD 41 million...

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