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Fintech Europe Selects Nine Startups for its Inaugural Batch

Fintech Europe, Plug and Play’s newest innovation platform, based out of Frankfurt, Germany, announced today the nine startups selected for its first batch. With Deutsche Bank and TechQuartier as the founding partners, this platform aims to create a multi-corporate Fintech program, running two 12-week accelerator batches a year. Fintech Europe aims to facilitate pilots, POCs, and… Read More »

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Timehop’s database breach affects 21 million users

Timehop, an app that resurfaces your old photos and posts by connecting to your social media profiles, revealed that its cloud computing environment was hacked and the data of 21 million users was stolen on July 4. As a result, the company has voided all social media authorisation tokens it held, and is alerting its users. Around 4.7… Read More »

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Startups duo seeks €19m in ICO for crypto exchange

Two Irish entrepreneurs Joe Haslam and Conor O’Connor are seeking up to €19m in an initial coin offering, ahead of the launch next month of Local Token Exchange (LTE), a decentralised cryptocurrency exchange they have founded that makes it easier for people to trade various types of the digital currencies. The pair, who are based… Read More »

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Food Tech startup HungerBox raises $4.5 Mn in Series A round

Indian-based food and beverage tech startup HungerBox has secured $4.5 million in a Series A round. The round was led by Neoplux and India’s home grown private equity fund Sabre Partners and saw participation from existing investors LionRock Capital and Infosys co-founder Kris Gopalakrishnan. Started in 2016, HungerBox is a full-fledged food tech startup that mainly… Read More »

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Australian fintech startup Airwallex raises $US80 million in its Series B funding round

Melbourne-based fintech start-up Airwallex has closed a $US80 million ($108 million)  Series B round,  the second-largest fundraising round in Australian start-up history, and the largest world-wide so far this year. The round was led by Chinese conglomerate Tencent Holdings, with participation fromHorizons Ventures, Hillhouse Capital Group, Sequoia Capital China, Square Peg Capital, and Central Capital Ventura…. Read More »

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Digital lending startup LoanTap raises $6.25 million

Mumbai-based LoanTap Financial Technologies Pvt. Ltd, a digital platform that offers loans and overdraft products to salaried professionals. the funding round was led by  by Chinese venture capital firm Shunwei Capital and saw participation  by new investors Tuscan Ventures and Ashish Goenka and existing investors India Quotient and Kae Capital. The fintech startup will use the… Read More »

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Gift Card Startup zeexs raises $12 million from Sonic Zhang

Zeex, an offshoot of the Israeli gift card startup Zeek Mobile Ltd has secured  $12 million from Chinese entrepreneur Sonic Zhang. Zhang has committed to spending 25,000 ether, which is currently valued at about $12 million, to support  Zeex , saying he would become an early participant in Zeex’s upcoming cryptocurrency crowdsale. Zeek lets shoppers… Read More »

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According to World Economic Forum, these are the 61 most innovative startups in the world

The World Economic Forum announced its annual list of Technology Pioneers late last month with 61 startups making the cut. Of the 61 early-stage companies recognized for their design, development and deployment of potentially world-changing innovations and technologies, a majority (54%) come from outside the United States, including many from emerging markets, and a quarter… Read More »

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Republic raises $12 million to Tokenize platform

Republic, a retail investment platform affiliated with AngelList, announces it has closed a $12M round to finance the tokenization of the Republic platform and the development of its own security token. The round was led by Binance Labs and NGC ECO Fund, with participation from East Chain Co, Oyster Ventures, FBG Capital, Hazoor Capital, ZK Capital, ZhenFund, and others. Republic… Read More »

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