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Plaid announces strategic investment from Mastercard and Visa

When Plaid announced its $250 million Series C investment, last year, it left out a couple of key investors. Today it revealed that Mastercard...

Accion Venture Lab launches $23M inclusive fintech startup fund

Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership,...

Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth...

Klarna raises $460 million, looks to expand its payments presence in...

Swedish payments provider Klarna has announced a new round of equity funding, adding $60 million at a post-money valuation of $5.5 billion, which makes...

Financial services marketplace CompareAsiaGroup raises $20 million in new funding led...

Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup, the financial services marketplace....

Flybits nabs $35M to build consumer recommendation engines for the financial...

Financial service companies like banks have seen some of their business cannibalised over the years with the rise of digital-based alternatives — often in...

Remitly raises $220M to expand from money transfers to financial services,...

When it comes to financial services in emerging markets, remittances — people sending money to each other across international borders, often not to established...

PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of...

PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after it announced a deal...

Warburg Pincus announces new $4.25 billion fund for China and Southeast...

Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced a $4.25 billion fund...

Bleckwen raises $10 million to detect payment fraud with AI

Bleckwen, a cybersecurity firm developing fraud detection and prevention systems for banks and financial technology companies, today emerged from stealth with $10 million in...