UK FinTech Constitutes 65% of All European Deals in H1 2024
While overall funding in the European fintech sector declined by 25% year-on-year, UK companies dominate the scene, accounting for 65% of all deals in the region.
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Healthcare Fintech Care.fi Raises $955K in Debt Capital
Fresh funding complements earlier Care.fi investments of $2.6 million and fuels fintech’s vision of becoming India’s healthcare-focused Small Finance Bank.
Hemi Network Explores Tunnelling to Link Bitcoin and Ethereum Networks
Tunnelling is an alternative to bridging practices which enable interoperability of two different blockchains – Bitcoin and Ethereum.
LoanTap and Hyperface Partner to Facilitate Digital Lending in India
Fintech company LoanTap and a banking-as-a-service startup Hyperface have reached a strategic partnership to boost online lending services in India.
Skyfire Launches AI Agents for Autonomous Payments
The system offered by Skyfire combines the benefits of AI-powered virtual assistance with autonomous payments on the customer’s behalf.
What is Startup India Scheme
The Startup India Scheme is a major initiative launched by the Indian government to promote innovation, support entrepreneurship, and stimulate economic growth by establishing new startups.
Fintech Leaders Anticipate Investment Rebound
Over 90% of fintech leaders globally believe robust industry investment levels will return within the next 12 months.
Xpeng Raises $150M for Its Flying Car Project
Xpeng Aeroht, a subsidiary of Chinese energy vehicle startup Xpeng Motors, has secured $150 million in a Series B1 financing round to develop a flying car.
Virtual Companion Now on Your Neck With a Friend AI Necklace
The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.
Leading Fintech Companies in Kenya 2024
Kenya’s standing as a preeminent hub for financial technology in the African continent is unquestionable and well-established. According to the comprehensive African Tech Startups Funding Report 2023, released by Disrupt Africa, Kenya proudly hosts approximately 15% of all fintech firms operating in Africa.
Samsara Eco Raises $65M Funding Round to Expand Its Plastic-Eating Enzymes
Samsara Eco proprietary technology uses enzymes to disaggregate plastic waste into raw materials, which can eventually be transformed into the foundation for new products.
Ukraine Ranks 2nd Among the Countries With Most AI Startups in Central and Eastern Europe
Ukraine is home to over 240 companies that deal with artificial intelligence (AI), while the number of AI professionals has grown fivefold over the last decade.
NATO $1.1B Innovation Fund Makes First Investments Into AI, Robots and Space Tech
The first deep tech investments of the NATO Innovation Fund address challenges in defence, security and resilience, while helping advance innovation in novel materials and manufacturing, AI and robotics.
Indian Fintech Startups to Watch in 2024
For entrepreneurs and business owners, the fintech industry presents an exciting frontier of opportunities. The buzz surrounding fintech startups is hard to ignore, particularly in startup hotspots like India where the vibrant startup culture is driving forward innovation at an impressive pace.
Study Shows Maturity of Startup Ecosystem in Southeast Asia and India
HubSpot surveyed 600 founders and startup leaders in Singapore, India, Indonesia, and the Philippines to discover that the Southeast Asia (SEA) and India regional ecosystems remain resilient and demonstrate significant signs of maturity.
Innovative AI-Driven Startups Boost Business Ecosystem in Egypt
Egypt businesses are harnessing artificial intelligence to serve local communities in many aspects. The future of AI startups in Egypt looks bright, with robust investments, growing interest from the international tech network, and supportive government policies. Here’s how AI-driven startups enhance the thriving business ecosystem in Egypt. Artificial intelligence is one of the fastest-developing technologies […]
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