FintechDaily – Page 11 – Fresh Dose of Fintech News

Yup Secures $32 Million for Southeast Asian Digital Banking Expansion

Southeast Asian digital bank Yup has successfully raised $32 million to establish a local competitor to Brazil's Nubank. The recent C-1 funding round brings Yup's...

Lloyds’ Barcode Cash Deposit App Feature Gains Popularity

Lloyds has reported that its barcode cash paying-in app feature, launched in August, has facilitated over £3 million in deposits at PayPoint locations. Customers can...

NatWest Partners with JS Group to Enhance Student Financial Support

JS Group currently provides funds such as bursaries, scholarships, and other financial support to students. NatWest's strategic investment will help JS Group transform the delivery...

India Introduces Biometric Authentication for UPI Payments

Indians will soon be able to authenticate payments made through the country's Unified Payments Interface (UPI) using facial recognition or fingerprints, as reported by Reuters....

Ukrainian Fintech Achieves Unicorn Status

Ukraine's financial services market is celebrating the emergence of another unicorn, with Fintech-IT Group, the tech company behind one of the country's top online banking...

FS Giants Leverage Blockchain and AI to Address $58 Billion Corporate Actions Challenge

A multitude of players in the banking and capital markets, including Swift, DTCC, and UBS, have successfully completed the second phase of a project led...

Baselane Secures $34 Million in Funding for Proptech Expansion

Baselane, a fintech platform tailored for real estate investors, is poised for growth following its successful acquisition of $34 million in funding. The funding round...

DeFi Set to Transform the Financial Landscape

In the evolving landscape of finance, key terms such as blockchain, stablecoins, and tokenization frequently emerge during discussions. Although cryptocurrencies have been around for some...

Wealth App Chip Secures £6 Million Investment from Channel 4’s VC Division

Chip has made significant strides by securing its inaugural institutional investment, as Channel 4 Ventures, the venture capital arm of the UK television station, has...

Feedzai Reaches $2 Billion Valuation

AI-based financial crime detection platform Feedzai has reached a valuation of $2 billion following a $75 million funding round. New investors, including Lince Capital, Iberis...