Start ups - Announcements, News, Articles & Research: Finextra

Islamic savings platform Hakbah seals $2 million seed investment

Hakbah, the Saudi-based fintech savings platform, announces its successful closing of a US$2 million, pre-Series A, funding round.

12 April 2023

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ANZ's 1835i Ventures appoints new London-based partner

1835i Ventures, the external innovation and venture capital partner of ANZ Bank, has today announced the appointment of Nicole Anderson as its new Venture Partner based out of London.

11 April 2023

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Assis, a virtual assistant for solopreneurs, raises $5 million in seed funding

Assis, a virtual assistant for freelancers, has just received an investment of $5 million in its first round of funding.

11 April 2023

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Institutional trading ECN Cypator goes live

Cypator Inc. (“Cypator”), a crypto trading Electronic Communication Network (“ECN”) for institutional players, today announced that it is live with multiple institutional participants utilizing the platform to trade crypto spot transactions.

11 April 2023

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Mena Fintech Association appoints Bryan Zhang to advisory board

As the MENA Fintech Association continues to further carve out its place in the dynamic and ever-evolving world of fintech, the organization is thrilled to welcome Bryan Zhang to its Advisory Board (Academic). With his extensive background in researching financial and regulatory innovation globally, Bryan's appointment is set to provide a fresh perspective on the fintech industry in the MENA region.

06 April 2023

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Eleven sustainability startups join SocGen incubator

Eleven new sustainability-focused start-ups joined Societe Generale’s flagship Global Markets Incubator (GMI) dedicated to developing ground-breaking solutions for the financial industry.

05 April 2023

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Rwanda and Singapore to run inclusive fintech forum

Kigali International Financial Centre (KIFC), Rwanda’s financial centre facilitating international investment and cross-border transactions in Africa, and Elevandi (www.Elevandi.io), a company set up by the Monetary Authority of Singapore (MAS) to advance FinTech in the digital economy, today announced the launch of the first annual Inclusive FinTech Forum, to be held from 20 to 22 June in Kigali, Rwanda.

05 April 2023

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Fintech Scotland hits growth targets

A year on from publishing the FinTech Research and Innovation Roadmap, FinTech Scotland announced today that it is on track to hit its targets for economic growth.

05 April 2023

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Digital lending platform Presta raises $3.3m

Presta, an end-to-end digital lending platform that modernizes and accelerates the loan origination process, announced its launch today after raising $3.3 million in oversubscribed pre-seed fundraise.

31 March 2023

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Malaysian fintech du-it crowdfunds to support BNPL platform development

du-it, a Malaysia-based Islamic fintech company (Duittech International Sdn Bhd), has recently launched a crowdfunding campaign in collaboration with Ethis Malaysia, a leading global Islamic crowdfunding platform. The campaign aims to support the development of its innovative Business to Business (B2B) Buy Now, Pay Later (BNPL) platform, which is set to become the first B2B BNPL platform in Malaysia and the first in the world operating in a Shariah-Compliant setting. du-it is dedicated to providing interest-free instalment solutions to businesses, particularly small and micro-sized enterprises.

31 March 2023

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LI.FI raises $17.5m to help traditional finance build on DeFi

LI.FI, the leading multi-chain liquidity and data gateway, announced today that it has raised more than $17 million in a Series A fundraise co-led by CoinFund and Superscrypt.

30 March 2023

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DoiT to deliver cloud experience to Tenity portfolio companies

DoiT International (DoiT), global provider of cloud technology and consulting services, and Tenity (formerly known as F10), a global innovation ecosystem and early-stage investor for the financial industry, with hubs in Switzerland, Singapore, Nordics and Baltics, and Spain, are forging a partnership to enable accelerated growth for Tenity’s portfolio companies.

30 March 2023

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