Ant Financial to raise a $1 billion startup investment fund
Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that will invest in startups ...
Tag: Capital & Funding
Paytm raises $1 billion at $16 billion valuation
India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors, ...
Thai bank targets $1 billion spinoff among Its fintech units
Siam Commercial Bank Pcl plans to spin off some of its fintech divisions as it tries to monetize its push ...
With Honey, PayPal focuses on the path to purchase
On Wednesday, PayPal agreed to acquire digital coupon platform Honey for $4 billion. Despite the hefty price tag, Honey offers ...
INV Fintech’s pivot to bank enablement evident in new accelerator class
INV Fintech’s new class, announced today, solidifies the accelerator’s pivot to greater bank enablement. INV has refocused its operations within ...
Weekly Wrap: Luge Capital courts early-stage fintechs, as payment providers rustle with UX and data privacy
Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, October 25, 2019. In ...
Ping An’s $22b push to shed old-school insurance skin
Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their ...
Luge Capital’s Gillani: Canada is becoming a test market for fintech founders
Luge Capital, a fintech venture capital firm based in Toronto and Montreal, serves a growing ecosystem of startups north of ...
Mastercard acquires data platform SessionM to help brands boost customer loyalty
Payments giant Mastercard has acquired Boston-based SessionM, a nine-year-old software company that helps clients improve customer relationships through data analysis. ...
Santander InnoVentures leads $39m investment in debt marketplace CrossLend
Santander InnoVentures, Santander Group's fintech venture fund, is leading a Series B investment of 35 million euros ($39 million) in ...
