Posts Tagged ‘startup’

3 Fintech Data Analytics Startups to Watch

Bank Innovation has named three startups mining data for banks that it is watching this month: Hexanika — a data management and reporting solution for financial institutions. MindBridge Analytics — a platform that uses AI and ML to detect “anomalous patterns of activities, unintentional errors and intentional financial misstatements” in financial datasets. Harvesting — a SaaS provider that […]

Crypto Unicorn Hunters: The VC Firms Behind Billion-Dollar Crypto Startups

The ranks of “unicorn” companies have been infiltrated by a growing roster of crypto organizations that are dramatically rising in value. While the lineup of crypto unicorns are widely-known, the VC firms backing them are quietly positioning themselves to gain the most from the cryptocurrency revolution. There are currently over 27 fintech unicorns worldwide. Recent […]

Japanese fintech startup Paidy raises $55m Series C from ITOCHU, Goldman Sachs

Tokyo-based fintech startup Paidy has raised a $55 million Series C round led by ITOCHU Corporation with participation from Goldman Sachs. The startup’s unique point is it allows users to buy online without creating an account or using credit cards. The transactions can be made through Paidy by entering the mobile phone and email for verification and […]

The Future Is Not Bright For Most Angel-Stage Fintech Startups

The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments — is slim. According to a new Medici report titled “Democratization of Startup Financing,”, […]

Alibaba’s Jack Ma partners with Chinese VC Ganesh Ventures to invest $250mn in Indian startups

Ganesh Ventures is all set to make an aggressive India entry as they announce their plans to invest $250 million. The company also becomes a strategic partner of Jack Ma’s eWTP Ecosystem Fund. The fund aims to invest the amount in Indian startups across sectors like TMT, consumer products, fintech and health-tech over the next […]

Latest fundraising brings fintech brokerage a valuation of US$1.06 billion

Tiger Brokers, an online securities brokerage backed by Wall Street billionaire investor Jim Rogers, said its latest fundraising round had valued it in excess of US$1 billion, making it the latest start-up to join China’s booming club of unicorns. The company successfully closed a US$80 million Series C financing, bringing the company’s valuation to US$1.06 […]

Fintech firm Groww raises funds from Insignia, others

Online investment platform Groww has raised $1.6 million in a pre-series A funding round from Insignia Venture Partners, America’s Lightbridge Partners and Kairos fund. Existing investors, including CureFit founders Mukesh Bansal and Ankit Nagori, also participated in the round. Groww also counts the American seed accelerator, Y Combinator, as an investor. The Bengaluru-based start-up plans to […]

Dymon Asia Ventures backs fintech startup Neat’s $2m funding round

Hong Kong-based fintech startup Neat has announced raising a $2-million funding round from Singapore-based Dymon Asia Ventures and Canada’s Portag3 Ventures. Neat is a mobile current account that claims to offer an alternative to the traditional banking model. Users get a dedicated Hong Kong bank account number, the ability to receive and send payments globally […]

Meet the 50 top-funded startups and tech companies in Southeast Asia

Which Southeast Asian startups will pioneer a new economy? One way to judge – although imperfect – would be the amount of money they have raised. Using its data, Tech in Asia has generated a constantly updated list of 50 startups and tech companies in Southeast Asia who have raised the most money from investors […]

Apply: Wells Fargo Accelerator Program for FinTech Startups 2018

Wells Fargo is granting investments opportunities for up to $1,000,000 to FinTech startups and promising minority stake in the invested company. The Wells Fargo Startup Accelerator is a hands-on program designed to advance startups that create solutions for enterprise customers — inside and outside the financial industry. Entrepreneurs from around the globe who have innovative ideas […]