Midas, a retail investing startup that gives access to US and Turkish equities in Turkey, announced today that it has raised $11 million in equity funding.

The fundraise comes just 8 months after their inception, and is led by Spark Capital and Earlybird Digital East Fund, with Nigel Morris, and Revo Capital also participating. This is one of the largest fintech seed investments to date in Turkey.

Cloud-based solution facilitates life-sized, true-to-life interactions amid COVID-19 backdrop

Chinmaya will be responsible for company’s overall business growth besides driving partnerships across domestic and international markets

Despite a shift to cashless payments, accelerated by the COVID-19 pandemic, independent ATM deployers will see growth as banks withdraw machines

IADs can provide services in areas where bank ATMs are not economically viable

Respondents expect 10-20 per cent of IT budgets to be invested within IT sustainability over the next three years

Twenty7Tec has announced the successful integration of Skipton Building Society into the APPLY module, making it the first and only platform provider to roll out an application submission integration with the society. The collaboration promises to streamline the research and application process for intermediaries by removing the need to re-key data and navigate multiple systems.

 Impact First fund seeks up to £5M following successful market entry -

Scotland’s leading impact investor, SIS Ventures, is launching a second round of fundraising with the aim of attracting up to £5 million to scale up its support for Scotland’s high impact potential early-stage businesses.

Sokin, the next generation payments provider, has partnered with Visa as the London-based fintech prepares to roll-out its inclusive Global Currency Account and debit cards across Asia Pacific.

Metaverse Bubble begins to collapse.

There are a lot of tech stocks already down 30%, but Facebook/Meta just joined them in one day.

Everyone and their dog was buying the Meta story with a keen 'buy the dip' approach. This created a tremendous stop loss snow-balling affair all the way down.

This is classic market behaviour.

CoinSwitch, the largest Crypto investing app in India, announced a limited waitlist opening for a recurring buy plan for Crypto.

Crypto investing app CoinSwitch has launched recurring buy plan (RBP), a systematic way to buy Crypto assets in India, as part of its mission to make money equal for all. With this launch, the Crypto unicorn aims to enable users to beat market volatility and avoid making impulsive buying or selling decisions. Users can now sign up through a waitlist to get early access to explore this new feature.