Fintech

Vietnamese Fintech Startup Raises $25 Million Series B Round From Openspace, Vietnam Investments Group

Finhay was founded in 2017 by Huy Nghiem, a Vietnamese-Australian who quit his finance job in Australia.
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Philippine Fintech Startup Raises $5.1 Million In Funding Led By Openspace Ventures

The round included existing investors 1982 Ventures, East Ventures and Saison Capital. Kumu cofounders Rexy Josh Dorado and Roland Ros, among others, joined the round as angel...
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The financial startups bubble is bursting and pink slips are being handed out. Here are the fintechs that have announced layoffs so far, from Coinbase to Robinhood

11 days ago | Travel

The tech bubble is bursting and people are getting laid off Photo by Frank Rumpenhorst/picture alliance via Getty Images Rising interest rates are hurting mortgage lenders and...
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Report from Money20/20: Fintech companies have questions about the future of the metaverse

24 days ago | Travel

Kazi Awal/Insider Money20/20 Europe Lars de Nijs The metaverse was a hot topic at Money20/20 Europe this week. But fintech companies are divided on the potential impact and...
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Report from Money20/20: Zopa is getting into the booming buy now, pay later market

26 days ago | Travel

Kazi Awal/Insider James Gillham UK neobank Zopa is getting into the buy now pay later market . The company had previously teased Q4 2022 for an IPO, and its CEO affirmed that...
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How Two Africans Overcame Bias To Build A Startup Worth Billions

29 days ago | Travel

A pair of twentysomethings from Uganda and Ghana thought there was a fortune to be made bringing transnational financial services to Africa's 1.2 billion people. With 5 million...
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Klarna's CEO used a pre-recorded video message to tell employees around 700 of them were being laid off

1 month ago | Travel | 2 articles

Klarna's valuation has slumped by about one-third since mid-2021. Shutterstock Klarna, a "buy now, pay later" fintech, said Monday it will lay off 10% of its employees. CEO...
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Singapore's MatchMove Buys E-Commerce Startup Shopmatic In $200 Million Deal

1 month ago | Business - News

Fintech company MatchMove has acquired e-commerce startup Shopmatic in a $200 million deal to create an end-to-end service to digitize the startup. The deal will enable...
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Guggenheim's Minerd says beaten up fintech, homebuilders are rebound candidates

2 monthes ago | Business - News

Some tech stocks are poised for a rebound, while other sectors are set to benefit in an inflationary environment.
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Peter Thiel-Backed Philippine Fintech Startup Raises $31 Million, Aims To Be A One-Stop Shop For Southeast Asia's Financial Needs

4 monthes ago | Business - News

Manila-based fintech startup PayMongo-backed by the likes of PayPal cofounder Peter Thiel, payments giant Stripe and famed Silicon Valley accelerator Y Combinator-has raised a...
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What to look for in a telescope deal for Amazon Prime Day

Amazon Prime Day runs from Tuesday July 12 to Wednesday July 13 but how do you know what to look for in a telescope deal? Read more ...

The fight to fund abortions in post-Roe America

In post-Roe America, money is even more determinative of who can get an abortion and who can't. Abortion funds are trying to close the gap, but they are now forced to navigate... Read more ...

Russia warns of fate of Western arms sent to Ukraine

A number of the weapons end up in the Middle East and on the black market, Russian Defense Minister Sergey Shoigu said Some of the weapons provided by the West to Ukraine end... Read more ...

White Sox cancel fireworks after July 4 shooting spree

Six people were killed and 30 left injured by the shootings MLB team the Chicago White Sox contacted the league about postponing their meeting with the Minnesota Twins after a... Read more ...

1 dead, 4 wounded in Kenosha shooting

KENOSHA, Wisc. - One person was killed, four others were wounded in a Fourth of July shooting in Kenosha. Around 10:20 p.m. Monday, police responded to the 6300 block of 25th... Read more ...

July 4 parade shooting leaves 6 dead, 30 hurt; man detained

HIGHLAND PARK, Ill. - A shooter fired on an Independence Day parade from a rooftop in suburban Chicago, spraying the crowd with gunshots initially mistaken for fireworks before... Read more ...

NATO poised to sign accession protocols for Sweden, Finland

BRUSSELS - The 30 NATO allies are set to sign off on the accession protocols for Sweden and Finland on Tuesday, sending the membership bids of the two nations to the alliance... Read more ...

Griner issues direct plea to Biden in Russian drugs case

Brittney Griner has been in Russian custody since February Detained women's basketball star Brittney Griner has told US President Joe Biden that she fears she will be behind... Read more ...

Norway oil and gas output cut due to strike

A protest of offshore workers may cost as much as 13% of the country's total natural gas production by Wednesday Norway, a leading European supplier of hydrocarbons, is... Read more ...

Griner sends letter to President Biden pleading for his help

Brittney Griner made an appeal to President Joe Biden in a letter passed on to the White House through her representatives saying she feared she may never return home and... Read more ...