Fazz, the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers, announced today that it has raised a total of …
Lease-to-own fintech startup Kafene raises $18M to battle BNPL
Kafene, a lease-to-own startup aimed at underbanked consumers who don’t have access to traditional credit, raised $18 million in a Series B funding round. While …
Pakistan’s Neem raises $2.5M to serve underbanked communities with its embedded finance platform
Pakistan’s embedded finance platform Neem has raised $2.5 million in a seed funding round as it works to support underbanked communities in the country. The …
Regulators appear to be growing increasingly wary of banks and fintech startups getting too cozy
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Let’s get in the weeds about fintech AUM
UBS and Wealthfront last week called off a planned deal to sell the robo-adviser startup to the financial giant for $1.4 billion. Instead, UBS invested …
Here’s where YC’s latest batch of founders are placing fintech bets
Y Combinator’s latest cohort of founders have opinions on the future of fintech. One-fifth of the accelerator’s Summer 2022 batch, which spans 240 companies, is …
Amidst the Mounting Risks to Bridge Security, A New Non-custodial Liquidity Bridge Focuses on Decentralization (newsbtc)
In late March, Ronin bridge, an Ethereum sidechain built for the widely popular play-to-earn (P2E) NFT game Axie Infinity to handle surging demand from gamers, …
Terra’s LUNA Gains, Then Slides, After Do Kwon’s Fork Proposal (CoinDesk)
Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST.
Filecoin [FIL]: Investors yowling ought to respect the law of opportunity (AMBCrypto)
The crypto market crash of last week has affected every token present in the worst possible way. With plummeting prices and a slow road to …
China returns as 2nd top Bitcoin mining hub despite the crypto ban (Cointelegraph)
China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.