FinTech Archives - FortuneZ

Payments Firm dLocal Raises $150 Million

April 5, 2021

dLocal, the Uruguay-based fintech platform, announced that the company has raised $150 million in the latest investment round at a valuation of $5 billion. Alkeon Capital led the latest funding round along wi...

Fintech Startup NOW Money Secures $7 Million Funding

March 29, 2021

NOW Money, a UAE-based fintech startup, announced today that the company has raised a total of $7 million in the latest funding round to expand its digital banking solutions across the GCC. The fintech firm i...

Wirex Imposes Temporary Pause on New UK Clients

March 24, 2021

Wirex, a fiat and crypto payments platform, announced today that the company has decided to temporarily pause new UK-based customers of its popular app. The fintech company serves nearly 3.5 million clients w...

Citi Partners with Fintech Company Sharegain

March 24, 2021

Citi, one of the largest banks in the world, announced today that it has partnered with the fintech firm Sharegain to launch a fully automated securities lending solution for wealth management companies. Acc...

Revolut Applies with California Regulator for Charter Banking License

March 22, 2021

British financial technology startup, Revolut has applied for a banking license in the United States, barely a week after it pulled operations from Canada. The fintech unicorn, launched in 2015, is applying ...

Venture Capital Firm Illuminate Financial Receives Backing from JPMorgan

March 18, 2021

Illuminate Financial, a venture capital firm based in London, announced the closure of its $100 million fintech fund to support emerging startups working in the financial technology sector. The fund received ...

TipRanks Partners with Investing Platform Stockal

March 17, 2021

TipRanks announced today that it has formed a new partnership with Stockal, an investing platform providing Indian retail investors direct access to US stocks. Stockal became the first Indian financial firm t...

Stripe Secures $600 Million Funding at a Valuation of $95 Billion

March 15, 2021

Stripe, an online payment processing company, announced today that it has raised $600 million in the latest funding round at a valuation of $95 billion. The recent funding round was led by Allianz X, Axa, Bai...

Mastercard Announces Expansion of Engage Platform

March 9, 2021

Mastercard, a New York-based financial services company, announced that it has decided to expand the company’s Engage platform. Mastercard mentioned that new solutions will enable customers to provide entirel...

Beeks Financial Cloud Group Reports a Jump in Revenues

March 8, 2021

Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, announced its unaudited financial results for the six months which ended on 31 December 2020. The company saw a ...