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Davos 2021: Silver Lake co-founder dismisses belief about Bitcoin’s use for criminal activity

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract. Glenn Hutchins, co-founder of global technology investment firm, Silver Lake, dismisses the long-held belief that bitcoin’s primary use is for criminal activity. Hutchins explains Read More

Budget 2021: Top 10 reforms fintechs want from the finance minister

From a separate regulatory authority to formalisation of cryptocurrency, here’s what fintech startups and companies are expecting from Budget 2021. Industries across the board are holding out hope that Finance Minister Nirmala Sitharaman's Union Budget this year will bring them much-needed reprieve from the pain caused by the COVID-19 pandemic and jump-start consumption.   However, Read More

Israeli Digital Payment Solution Startup Melio Valued at $1.3b

The startup raised another $110 million, as business increased more than 20-fold during the coronavirus crisis By Amitai Ziv Melio, the startup that provides digital payment solutions for small businesses, finished an astounding year by raising $110 million, based on a valuation of $1.3 billion. Melio has developed a digital platform that allows small businesses Read More
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US online insurance firm EverQuote brings 70 new jobs to Northern Ireland

Staff recruitment is already underway at EverQuote's NI software development centre A US online insurance marketplace is setting up a software development centre here, creating 70 new jobs paying £52K on average. EverQuote, which is based in Massachusetts, has already recruited 12 of the staff for its new operation here. Economic development agency Invest NI Read More

Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa

Gbemileke Babatunde Kenyan insurtech startup, Pula has raised $6 million in a Series A funding round to increase profitability for small scale farmers across Africa through its tech-driven insurance products and solutions. Pan-African early-stage venture capital firm, TLcom Capital led the round with participation from nonprofit Women’s World Banking. Pula’s latest funding follows a $1.2 million grant Read More