Fractional marketing for startups and scaleups
Comms, content marketing, social media, copywriting, newsletters, writing
Singapore-based SuperAtom has raised $22m in order to expand its digital banking and credit products across the globe, starting in Mexico and then expanding into the wider Latin America region. The Series C round was led by Malaysia-based digital investment fund Nue 3 Capital and values the Singapore-based company at $370m. SuperAtom focusses on providing products … Read more
US-based fintech Upgrade has launched Upgrade OneCard, giving users a single card to meet all their payments needs. Cardholders use the “Pay Now” option for everyday expenses to make sure they stay within budget and avoid paying interest or fee charges, and use “Pay Later” to spread payments over time. Upgrade told finContent that it … Read more
Financial services led the way in June on the Crunchbase Emerging Unicorn Board. A curated list of companies valued above $500m, but less than $1bn, the board now hosts 346 companies valued at more than $236bn. Financial services had the highest count of new companies on the list in June. The UK led the pack … Read more
The global fintech market is expected to grow gradually and reach a market value of around $324bn within four years , growing at a compound annual rate of about 25.18% over the forecast period 2022-2027. The figures are courtesy of a new report from Market Data Forecast. The report said: “Fintech or financial technology is … Read more
TomoCredit has raised $122m in equity and debt. TomoCredit is a female, immigrant founded credit card lending to over 40 million credit-invisible immigrants and international students with no credit history in the US. The round attracted a number of strategic investors including Morgan Stanley’s Next Level Fund, MasterCard, and debt from Silicon Valley Bank. The … Read more
The total number of tokenised payment transactions will exceed 1 trillion globally by 2026. This has risen from 680 billion in 2022, a growth of 58% over the next four years. The rapid growth is due to the rise of ‘one-click’ solutions, such as Click-to-Pay, using card-on-file tokenisation to store a customer’s payment credentials. This … Read more
As US inflation contiues to ride the up esculator, Dan Boardman-Weston, CEO and Chief Investment Officer at BRI Wealth Management, commented: “US inflation came in at 9.1% in June, compared to forecasts of 8.8% and core inflation crept ahead of expectations as well. Inflation is running at the highest level in 40 years due to … Read more
Cumulative merchant losses to online payment fraud globally between 2023 and 2027 will likely exceed a giangtuan $343bn. So says a new study from Juniper Research. The staggering fiugure equates to over 350% of Apple’s reported net income in the 2021 fiscal year. Online payment fraud includes losses across the sales of digital goods, physical … Read more
Muhoot Finance is to open 150 new branches across India. It is one of the country’s largest gold loan NBFC and recently got permission from the RBI to expand. Gold loan financers are increasingly being used in India by the underbanked to access credit otherwsie unavailabe to them.
KASINKORNBANK (KBank) is spending some US$3bn billion on technology to help boost banking access for Thailand’s unbanked and underbanked people. The programme will also help very small enterprises and the self-employed.
El Salvador’s Chivo digital wallet has largely failed as a digital wallet for cryptocurrency, but it just might succeed as a dollar debit app for unbanked citizens. So says US based think-tank The National Bureau of Economic Research (NBER). It calculated that just 20% citizens continued to use the country’s Chivo digital wallet after receiving … Read more
Taipei is on a mission to attract international startups. The Taipei City Government’s Department of Economic Development is promoting the “Soft Landing Program for International Startups.” For 2022, the first Taipei Entrepreneurs Hub (TEH) community networking event will be held at JustCo at Dian Shih Taipei on July 13 in collaboration with Fukuoka Growth Next, … Read more
GoCardless, a global leader in direct bank payments, is to acquire Nordigen, the freemium open banking data provider. Terms were not disclosed. Nordigen is a licensed Account Information Service Provider (AISP), regulated by the Financial and Capital Market Commission of Latvia and authorised in 31 European countries. It is based in Riga, Latvia. GoCardless, HQ’d … Read more