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Plaid’s $575 Million Round Signals Strength Despite Valuation Drop and Delayed IPO

Finovate

billion, which is less than half its 2021 valuation. In a company blog post announcement, Plaid CEO and Co-Founder Zach Perret said that the funds will be used “to address employee tax withholding obligations related to the conversion of expiring restricted stock units (RSUs) to shares, and to offer some liquidity to our current team.”

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Partior Closes Series B at US$80 Million with Deutsche Bank Investment

Fintech News

Established in 2021 and backed by DBS Bank, J.P. Featured image credit: Edited from Freepik The post Partior Closes Series B at US$80 Million with Deutsche Bank Investment appeared first on Fintech Singapore. Morgan, Standard Chartered, and Temasek, Partior uses blockchain technology to enable real-time clearing and settlement.

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Telcoin Bank Steps Closer to Becoming the First Regulated Crypto Bank in the US

The Fintech Times

In accordance with the Nebraska Financial Innovation Act, which Telcoin helped draft and passed into law in 2021, Telcoin Bank will be authorised to take any cryptocurrency deposits, facilitate DeFi staking programmes, as well as provision digital asset loans.

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Sam Altman’s World Network Reportedly in Talks With Visa for Stablecoin Payments

Fintech News

These additions build on Worldcoins biometric foundation, which relies on iris-scanning orbs for identity verification a controversial component of the project since its debut in 2021. Worldcoin has faced mounting regulatory scrutiny in several jurisdictions, including Singapore and Hong Kong.

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Shopify Launches Affirm Powered Instalment Payment Options to Customers in Canada

The Fintech Times

Since its launch in 2021, Shop Pay instalments have seen widespread use, with millions of consumers actively utilising this payment method across Shopify’s extensive merchant network in the US. The post Shopify Launches Affirm Powered Instalment Payment Options to Customers in Canada appeared first on The Fintech Times.

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Is Southeast Asia Fintech Funding Drying Up?

Fintech News

A Tracxn Technologies report highlights that the Southeast Asia fintech ecosystem experienced its zenith in 2021, marking the highest annual equity funding in the last decade. A visual overview of the SEA fintech sector’s funding trajectory from 2017 to 2024, showcasing the sharp decline after a record-breaking 2021.

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The Full List of Fintech Unicorns in Asia (2025)

Fintech News

The company became a unicorn in 2021 after raising $220 million in Series B funding from Tiger Global, Pegasus Wings Group, and Insight Partners. The company became a unicorn in 2021 after raising $125 million in its Series G funding round. Zerodha became a unicorn in 2021 without raising any external funding. billion valuation.