In a pre-Series B round of equity and debt, Jordanian fintech company Liwwa secured $18.5 million. The 4.5 million dollar equity raise was led by Iiwwa’s existing investors like the Bank al Etihad, the Dutch Development Bank FMO, and DASH Ventures. DEG, the German institutional investor, pumped
Throughout H1’22, the United States recorded 34.9 billion USD of fintech financing in the Americas, down from $49.7 billion in H2’22. When we talk about major acquisitions and mergers, SimpleNexus was acquired for $1.2 billion by nCino. Similarly, Bottomline Technologies was acquired for 2.6 billion USD by PE firm Thomas Bravo. Another major deal during […]
According to a study by KPMG, FinTech continues to fall from $111.2 billion in the first 6 months across 3,372 deals to $107.8 billion in the second quarter across 2,980 deals. So, total values continue to fall in EMEA and America, but Asia-Pacific has been strangely attracting new investors despite the fall in so many […]
The United States institution is in initial discussions with Yapily regarding possible investments. The representatives of the bank revealed this information on the condition of remaining anonymous. According to recent news, JPMorgan has shown interest in funding a FinTech start-up Yapily, which is seeking fresh funds. According to sources who refused to be identified, the
ICC Fintech, a UAE-based fintech solution provider, plans to start its operations in India by investing 30 million dollars in the next financial year. ICC Fintech was founded in 2019 and is present in various parts of the Middle East, contributing the lion’s share of the revenue. In 2021, it made a revenue of 65 […]
8i Ventures has partially withdrawn itself from the seed investment in M2P Fintech. It has done so at the rate of 36X Fintech by clocking an IRR of 415 percent for two years. M2P is present in nearly 20 markets across North Africa and Asia. It offers BaaS to almost 500 banks, players of financial […]