Tyme Becomes Unicorn After $250M Funding Round Led by Nubank
Singapore-based digital banking group Tyme has successfully raised $250 million, bringing the business a ‘unicorn’ status.
Singapore-based digital banking group Tyme has successfully raised $250 million, bringing the business a ‘unicorn’ status.
2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.
Visa Direct is planning to introduce a feature that allows funds to be transferred and made available in U.S. bank accounts within one minute or less.
Flexible Klarna buy now pay later (BNPL) options are now available to eBay customers in more European markets.
U.S. fintech equipifi and a service organisation Synergent have formed a strategic partnership to enhance the ability of credit unions to offer Buy Now, Pay Later (BNPL) solutions directly within their digital banking platforms.
Users in Canada checking out with Apple Pay online or in apps can now benefit from the flexible payment options offered by leading European BNPL provider Klarna.
Mynt, a spend management solution focused on small and medium-sized businesses in Nordic countries, raised investments worth 22 million euros (about $23 million) as part of the Series B funding round.
The fintech company Revolut, headquartered in London, is focused on New Zealand as part of its ongoing international expansion.
Bank of America announced that by the end of the current year, corporate clients of this financial institution will have made more than $1 trillion in approvals for payments through the CashPro App.
Vipps MobilePay launched a mobile wallet payment solution for iPhone, now available for customers in Norway.
Amazon and Intuit enhance their long-term collaboration to save sellers time and improve decision-making by providing seamless data synchronization between Amazon and QuickBooks platforms.
Chinese billionaire and the co-founder of industry-leading Ant Group, Jack Ma, expressed his opinion about the significant opportunities artificial intelligence (AI) can offer to the fintech giant.
Despite global interest in cryptocurrency, Australia has seen the closure of several blockchain and crypto startups, amid the overall decline of fintech innovation in the country.
British digital bank Zopa has announced that it has managed to raise 80 million euros (about $85 million) as part of the equity funding round.
Walmart reported that at the beginning of the holiday shopping season, third-party sellers enjoyed record sales volumes.
The era of digitalization as a global process continues and scales, gradually infiltrating more and more into various aspects of the existence of human civilization and spheres of activity, including the banking sector, many players of which, despite the possibilities of advanced technologies, continue to face old problems in areas anti-money laundering (AML) and Know […]
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