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Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion

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Singapore-based FinTech Grab is mulling a U.S. Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange.

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Startup Expend Intros SME FinTech Marketplace

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London-based expense management startup Expend is introducing a FinTech marketplace to support small to-medium-sized enterprises (SMEs), the company announced on Tuesday (Jan. Partners in the new marketplace include FreeAgent, Esme Loans, Market Finance, Iwoca, Tanda, VAT IT, Capitalise and Commuter Club. billion by 2025. .

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The Rise Of eCommerce And Digital Banking Innovations

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In connected vehicles, the FinTech Car IQ has teamed with Discover to accelerate automotive banking. And in innovation, Banking-as-a-Service (BaaS) is making it simpler for companies and FinTechs to create functions for sending and receiving payments in addition to managing banking data. All this, Today in Data.

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Virgin Money, Redspire Team On Business Banking

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Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group. The fund, which is worth £425 million, will be used to help SMB lenders.

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Singapore’s Nium Names Frederick Crosby Chief Revenue Officer 

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Singapore FinTech platform Nium has appointed Frederick Crosby as its new chief revenue officer. “I He was responsible for pioneering digital cross-border payments at PayPal, Western Union and eBay, and most recently was the chief revenue and marketing officer at Veem. trillion by 2025.

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Google To Team With Banks To Offer Consumer Checking Accounts

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Our approach is going to be to partner deeply with banks and the financial system,” Google VP of Product Management Caesar Sengupta told WSJ. “It The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. The branding will reflect the financial institutions and not Google.

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Goldman Gets Green Light To Operate Bank In South Africa

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As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. In addition, equity investments would be tied to a newly renamed asset management unit.