Tag: equity funding
VC Funding to Indian Fintech Companies Drops 57.6% YoY – Fintech Singapore
In Q1 2024, venture capital (VC) funding for fintech companies in India declined substantially, falling by a staggering 57.6% year-over-year (YoY), a new report...
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Google Bets Big on Monzo, Values The UK Fintech at $5B
Monzo has
announced a €397 million ($400 million) funding round led by CapitalG, Google’s
independent growth fund. The UK's largest digital bank, with over 9 million
customers,...
Generative AI: Can it be Banking Backoffice’s ‘New Best Friend’?
Generative Artificial Intelligence (GenAI) is not just a buzz word anymore. It is evolving as a transformative force that is reshaping the world. 2023...
Singapore’s Equity Management Platform Qapita Raises US$17.2 Million – Fintech Singapore
by Fintech News Singapore
February 28, 2024
Singapore’s fintech startup, Qapita, has raised US$17.2 million in a funding round believed to be pre-Series B, adding to...
Fintech Funding in Asia Sees Positive Signs Despite 56% Plunge – Fintech Singapore
by Fintech News Singapore
February 15, 2024
Fintech funding in Asia (including the Middle East) plunged by a significant 56% in 2023, carrying a downtrend that...
VC-backed Kiln readies staking-NFT splash in Asia
Kiln, a Paris-backed company that validates nodes on the Ethereum network, is opening its first non-European office in Singapore as it plans to tokenize...
Software Startup Bluesheets Raises US$3.5M in Series A Funding – Fintech Singapore
by Fintech News Singapore January 22, 2024 Bluesheets, a Singapore financial automation software company, has successfully...
AI in 2023 – Rises, Falls, the Evolution of a Business
In the tale of 2023, Artificial Intelligence stole the spotlight,
boasting numbers that whispered promises, stirred fears, and painted a vivid
portrait of tech's love affair...
Serious Crypto Exchanges Are Gaining Impressive Communities, and the Numbers Prove It
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Contrary to the public perception of the crypto market being small or shrinking, the industry has been experiencing a tremendous surge...
Summer Announces Combined $68M in Series A Round and Debt Facility to Innovate New Approach to Vacation Homeownership
Summer completes an $18M Series A round led by QED Investors and Viola FinTech, and secures a debt facility of up to $50M from...
Cybersecurity Firm Adlumin Raises $70 Million in Series B Funding – Finovate
Cybersecurity company Adlumin has raised $70 million in Series B funding. Adlumin offers a Managed Detection and Response (MDR) platform that provides enterprise-grade...
Eight Alums Raised More Than $293 Million in Q3 2023 – Finovate
A few months ago we opined here on the Finovate blog that the funding woes that had plagued fintech in the first half...
Twinco Capital Raises $53 Million for Supply Chain Financing – Finovate
Supply chain financing company Twinco Capital has received $53 million in debt financing from BBVA Spark. The funds boost Twinco Capital’s total combined...