Canadian Venture Capital Firm Secured $320 Million to Invest in Fintech Startups
Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally.
Bahrain to Provide Fast-Track Setup Program for Fintech Startups
The Bahrain Economic Development Board (EDB) has introduced a new program to attract more startups to the country.
Israeli Regulator to Fast Track 2,000 Fintech License Applications
Israel’s Fintech regulator is rearranging its licensing regime to encourage competition in the field.
Report: Malware Targets Israeli Fintech Firms Working in Crypto, Forex Trading
Israeli fintech companies that work with forex and crypto trading are being targeted by malware, according to a blog post from threat research department Unit 42 of cybersecurity company Palo Alto Networks published on March 19.
Fintech Unicorn Brex Launches New Credit Card For E-Commerce Merchants
Brex, a San Francisco credit card startup that reached a valuation of $1.1 billion late last year, 22 months after its founding, is launching its second product, a physical credit card for e-commerce companies. Its first card, targeted to venture-backed tech startups, has attracted more than 3,000 customers by providing higher spending limits and simplifying the application process.
Fintech Unicorn Brex Considers Brazil Launch
Brazil is a possible future destination for financial services startup Brex - even if that is unlikely to happen in the short-term.
Cambodia establishes fintech association
Cambodia has become the latest country to launch a national body designed to foster more fintech collaboration with the launch of the Cambodia Fintech Association (CFA).
Singapore, Japan Associations Sign Agreement For Joint Fintech Development
The Singapore Fintech Association (SFA) and the Fintech Association of Japan (FAJ) have signed a Memorandum of Understanding (MOU) in order to collaborate on fintech development, according to a joint press release published on Monday, March 26.
The UK Government Is Launching a Cryptocurrency 'Task Force'
U.K. Chancellor of the Exchequer Philip Hammond is expected to announce a government "crypto assets task force" and a host of other fintech initiatives on Thursday.
Bermuda Drafting ICO-Friendly Legislation to Draw Crypto Businesses
A move toward ICO regulation is underway in Bermuda, the premier of the British Overseas Territory said last Friday.