Funding

Cash App Strengthens Parental Control with Managed Accounts for Kids

New feature allows parents to set up and oversee accounts for their children.Highlights: Cash App introduces parent-managed accounts for children.Parents can control spending and set limits.Feature aims to promote...

Visa and TikTok Launch Creator Card, Enhancing Monetization for Influencers

New financial tool aims to streamline earnings for content creators.Highlights: Visa and TikTok have launched the new Creator...

Nium and Coinbase Strengthen Global Stablecoin Settlement Partnership

The collaboration aims to enhance cross-border payments using stablecoins.Highlights: Nium partners with Coinbase to optimize stablecoin settlements.The collaboration...

FCA Announces Second Cohort for AI Live Testing Initiative

New phase aims to improve integration of AI in financial services.Highlights: FCA launches second cohort for AI live...

Cab Payments Strengthens Case Against Helios Blocking Takeover Bid

Cab Payments contests Helios Investment's actions regarding merger talks.Highlights: Cab Payments accuses Helios of blocking a crucial takeover...
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Swiss fintech Yapeal unveils new CEO alongside fresh capital boost

New CEO: Yapeal, a Swiss fintech, has appointed Michael Eidel as its new CEO, succeeding co-founder Thomas Hilgendorff. Hilgendorff's New Role: Hilgendorff will...

SME-focused digital lender Validus lands $50m debt facility from HSBC

Debt Facility Secured: Validus, a Singapore-based digital lending platform, has secured a debt facility of up to $50 million from HSBC under the...

Wealthtech start-up Propelle prepares for late September launch

Launch Date: Propelle, a London-based investment platform for women, is set to launch on September 25. Founder: Established by Ayesha Ofori, a former...

Migrant-focused fintech Comun lands $21.5m Series A

Funding Round: Comun, a US-based fintech serving Latino migrants, has secured $21.5 million in Series A funding led by Redpoint Ventures, with additional...

Shift bags $23m Series D funding led by Peak XV Partners

Funding Secured: Australian fintech Shift has raised $23 million (AUD 35 million) in a Series D funding round led by Peak XV Partners...

Arch Lending raises $75m in equity and debt financing to power crypto-backed loans

Company Overview: Arch Lending, a New York-based fintech start-up founded in 2022, specializes in providing crypto-backed loans to individual and institutional investors. Recent...

India’s DMI Finance lands a further $334m investment from MUFG

Company Overview: DMI Finance, based in New Delhi, is a non-banking financial company (NBFC) that provides credit solutions to corporate borrowers and serves...

Lettuce Financial bags $15m Series A led by Zeev Ventures

Funding Secured: Lettuce Financial, a San Francisco-based fintech start-up, has raised $15 million in a Series A funding round led by Zeev Ventures,...

US fintech start-up Received to close down

Company Closure: Received, a New York-based billing and accounts receivable platform, is shutting down. The decision was made by the company's co-founder and...
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