Funding
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
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...

