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Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion. Capital Raised to Fund Flutterwave’s Expansion Plans The Nigerian fintech startup Flutterwave recently announced it raised $250 million
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"Stronghold Capital will create opportunities to develop new products and business models that improve financial infrastructure for everyone," said Tammy Camp, CEO of Stronghold, in the press release. Camp will also be the fund manager for the new capital arm. “Identifying and investing in emerging talent – especially underrepresented and
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As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the coming months.Multinational professional services network KMPG published
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India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new opportunities and lessening the burden of handling, printing, and the logistics of cash management, the prime minister reportedly explained. India’s Prime Minister
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More innovations keep springing up to fascinate and intrigue digital investors with increased cryptocurrency adoption. In line with that, Milo, a fintech startup based in Miami, introduced the first global crypto mortgage. Through the bank’s offer, digital investors have the opportunity of buying real estate in the U.S. by using their
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Taiwan’s financial sector is known for its conservative outlook, and rich pools of foreign reserves — the fifth largest in the world coming in at $546 billion for a country of 24 million. But because of the industry’s conservative outlook and strict regulatory environment, it isn’t considered a regional financial
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In a world where money is power, power is centralized in the hands of those who control money. Dependent on them, the people of the world suffer, slowly watching their financial opportunities vanish. If individuals are to determine their own financial futures – and thus their lives – power must
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Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real estate in the U.S. At the moment, only customers wanting to use Bitcoin (BTC) as collateral qualify for Milo’s 30-year
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According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making
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Publicly traded German fintech NAGA, which offers investment in stocks and crypto via its mobile app, is to start a social trading platform in 2022 called NAGAX, NAGA announced Thursday.The platform, set to launch in Q1 this year, will consist of a crypto wallet, an NFT platform, a staking platform,
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