Blockchain startup XREX gets $17M to make cross-border trade faster
XREX co-founders Winston Hsiao and Wayne Huang. Image Credits: XREX A substantial portion of the world’s trade is done in United States dollars, creating problems for businesses in countries with a…
Read More »Revolut introduces salary-advance feature in the UK
Fintech startup Revolut is launching a new feature called Payday. It is an alternative to credit card debt and short-term credit as it lets you unlock a portion of your…
Read More »Indian fintech CRED launches peer-to-peer lending feature Mint
India’s CRED, which rewards users for paying their credit card bills on time, is broadening its offerings to help its 7.5 million members gain more from the service. The Bangalore-based…
Read More »One banks $40M to offer ‘all-in-one’ financial services to the middle class
One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B round of funding. Progressive Investment…
Read More »Branch raises $48M from Lee Fixel’s Addition, Indeed to provide accelerated payments to workers
Branch, which has built a flexible workforce payments platform, announced today it has raised $48 million in Series B funding and closed on a $500 million credit facility. Lee Fixel’s…
Read More »African fintech Pngme raises $15M for its financial data infrastructure platform
Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps getting more exciting as major players continue to raise more money for scale. Less than…
Read More »Brex buys Weav, a universal API for commerce platforms, for $50M
Fintech Brex first partnered with Weav, a developer of a universal API for commerce platforms, last summer. In March, Brex launched Instant Payouts for Shopify sellers using the startup’s technology….
Read More »Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies
Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. They might not want to sell equity in their company, but often struggle to secure working capital…
Read More »How the law got it wrong with Apple Card
Liz O'Sullivan Contributor Share on Twitter Liz O’Sullivan is CEO of Parity, a platform that automates model risk and algorithmic governance for the enterprise. She also advises the Surveillance Technology…
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Argentine fintech Ualá lands $350M at a $2.45B valuation in SoftBank, Tencent-led round
The dollars keep flowing into Latin America. Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of…
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