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TransferWise sets to launch an investments feature

A London-based online money transfer service startup company TransferWise has obtained a license from the U.K. markets watchdog to offer retail investment services to clients. Started in 2010 as a means of sending money internationally online, TransferWise in 2018 made a deeper push into banking by offering a “borderless” multi-currency account tied to a

iDEA holds a training on IoT

“Digital Bangladesh”we have to establish ourselves. A training on Internet of things (IoT) was organized online by the “Innovation Design and Entrepreneurship Academy (iDEA) project” of Bangladesh Computer Council (BCC) under the ICT Division. The daylong training under the “Education for Nation” of the project started after the opening program

Frontier Technology to play important role in building Digital Bangladesh

Senior Secretary of ICT Division Mr. N M Zeaul Alam  inaugurated a daylong online training today on "Artificial Intelligence (AI)" through a video conference under the "Education for Nation" of Startup Bangladesh- “Innovation Design and Entrepreneurship Academy (iDEA)" project. The program was organized by the “Innovation Design and Entrepreneurship Academy (iDEA) project” of

Gaze gets funding from US based venture capital firm

AI startup operating in Singapore and Bangladesh Gaze has announced on Tuesday that it has raised US$830,000 in a seed round from US-based venture capital firm Anchorless Bangladesh with an existing angel investor. Gaze since its inception has been offering an application programming interface for visual recognition technologies such as face

Meet the 12 Fintech Startups That Won a Pilot in Latin American Competition

Fintech scientists at Finnovista, an impact organization that empowers Fintech and Insurtech ecosystems in Latin America and Spain, recently announced the finalists for the third annual Visa Everywhere Initiative, a competition in collaboration with the credit company seeking to stimulate the region’s most promising fintechs. Over 190 Latin American startups applied

Storm2 Launches to Tackle FinTech Diversity Crisis

James Brown, previously Group Managing Director of Phaidon International, launched Storm2, a new specialist FinTech recruitment consultancy last year in London. While generalist recruitment companies cover the technology area as a whole, Storm2 consultants’ specialise exclusively in finding people with the skills required to build a successful FinTech company, with

Facebook, three Indonesian firms in early talks for mobile payment approval: regulator

Fanny Potkin JAKARTA (Reuters) - Three Indonesian digital fintech firms are working with Facebook Inc to apply for regulatory approval to launch mobile payments in the country, an official at the financial regulator said. The plan, if approved, could be among the first such service under the social media firm’s

Country’s first government venture capital company “Startup Bangladesh” approved by Cabinet

The final approval of a state-owned venture capital company “Startup Bangladesh Limited” was approved at a regular cabinet meeting on December 30, 2019. To create a sustainable startup ecosystem in Bangladesh, “Startup Bangladesh Limited” as the first state-owned venture capital company will play an important role that will be taken a

WHAT A COUNTRY REALLY NEEDS TO BOOST ITS STARTUP SCENE?

Countries from France to China, India to Germany, Estonia to Vietnam, at some point in their national discourse, harbored the aspiration of building their own Silicon Valley, i.e., a thriving startup hub, where technologies are created, venture capitals are invested, and billions are made along the way. Despite the sky-high cost of

Bangladeshi ride-hailing startup Shohoz raises $15m

Dhaka-based ride-sharing and online ticketing platform Shohoz has raised US$15 million pre-series B investment as it plans to expand its services. Singapore-based Golden Gate Ventures led the US$15 million investment, which Shohoz claims is the country’s largest single venture capital deal to date, according to Tech in Asia. China’s Linear VC,

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