China lays out ‘rectification’ plan for Jack Ma’s fintech empire Ant
What a whirlwind holiday for Jack Ma and his fintech empire. The People’s Bank of China, the country’s central bank, summoned Ant Group for regulatory talks on December 26, announcing…
Read More »Singapore-based open finance startup Finantier gets backing from Y Combinator
Being “underbanked” doesn’t mean that someone lacks access to financial services. Instead, it often means they don’t have traditional bank accounts or credit cards. But in markets like Indonesia, many…
Read More »Fintech startups are increasingly focusing on profitability
Fintech startups have been massively successful over the past few years. The biggest consumer startups managed to attract millions — sometimes even tens of millions — of users and have…
Read More »From startups to Starbucks: The embedded API opportunity
Simon Wu Contributor Share on Twitter Simon is an investment director with Cathay Innovation, a global venture capital firm investing across North America, Europe, Asia and Africa. He focuses on…
Read More »Lydia raises another $86 million to build a European financial super app
French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020…
Read More »Revolut launches mid-tier subscription plan
Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut Plus — it costs £2.99 per month. Like N26 Smart and Monzo Plus, the new…
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7 Tips for Writing Facebook Ads that Convert (w/ Examples)
Like many types of advertising, a Facebook ad is only as good as its copywriter. You could be promoting a high-converting campaign from MaxBounty and have an endless budget to…
Read More »Revolut lets businesses accept online payments
Fintech startup Revolut is launching its own acquiring solution. With this move, the company is competing directly with Stripe, Adyen, Braintree or Checkout.com. This is an in-house product and not…
Read More »Nordigen introduces free European open banking API
Latvian fintech startup Nordigen is switching to a freemium model thanks to a free open banking API. Open banking was supposed to democratize access to banking information, but the company…
Read More »Affirm files to go public
Affirm, a consumer finance business founded by PayPal mafia member Max Levchin, filed to go public this afternoon. The company’s financial results show that Affirm, which doles out personalized loans…
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