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 $41M Series C Funding
Singapore based firm Instarem, a fintech startup that supports banks and customers transfer money overseas at lower cost, has secured a USD 41 million...
Fintech Startup to Raise Fresh Funding
Fintech startup Cred is in discussions to raise USD 100 million in fresh funding. FreeCharge co-founder Kunal Shah’s second business, Cred that incentivizes credit...
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Satellite Broadband Industry Accounted for US$ 2.8 Bn in 2020, and...
As per a new report published by market research and competitive intelligence provider, the satellite internet market is anticipated to exceed a market valuation...
