Social trading platform Dawul has raised $5 million in a seed round led by RAED Ventures with participation from Impact46, Seedra Ventures, Derayah Venture and Sukna Ventures, the Saudi Arabia-based company announced Sunday (Jan. 9). Get the Full Story Complete the form to unlock this...
On Friday (Jan. 7), the People’s Bank of China released its Financial Science and Technology Plan for 2022-2025, which aims to support the growth of the FinTech industry. In it, they suggest that although open banking is popular with consumers, regulators may need to step...
India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its upcoming central bank digital currency (CBDC), according to multiple media reports on Monday (Jan. 10). Get the Full Story Complete...
In today’s top Europe, Middle East and Africa news, Telkom, the South African wireless provider, has launched an app for its mobile money product, and London FinTech Starling Bank said it was boycotting advertising on Facebook and Instagram. Plus, Google and Apple’s search alliance reveals the...
U.K.-based microchip maker Arm has been looking into suspicious payments to senior executives at its Chinese joint venture Arm China, which it owns with a Chinese investment firm, according to a Telegraph report Thursday (Jan. 6). Get the Full Story Complete the form to unlock...
The United Kingdom’s competition watchdog has launched an investigation into NEC Software Solutions’ acquisition of Capita Secure Solutions and Services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
India’s quick commerce startup Dunzo raised $240 million in a funding round led by Reliance Retail Ventures Limited, with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital, according to multiple media reports. The company also counts Google as an earlier investor. Get...
Ghana-based health tech startup mPharma has raised $35 million to build a chain of community pharmacies across Africa as it races to be the primary healthcare service provider for millions, TechCrunch reported Wednesday (Jan. 5). Get the Full Story Complete the form to unlock this...
London-based hospitality management platform theUp.co has raised $9.4 million (€8.3 million) on its mission to lead innovation in the hospitality sector, EU-Startups reported Tuesday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
