Marcel van Oost
$10 Million Boost for Obita’s Stablecoin Plans
Hey FinTech Fanatic!
The Hong Kong-based FinTech, Obita, just closed a $10 million angel round with backing from Vision Plus Capital and Mirana Ventures.
The funding will go toward strengthening systems and compliance, expanding into new markets, and doubling down on stablecoin-powered cross-border payments.
As Co-Founder Dayong Zhang put it,
Uzum Plans $300M Eurobond and IPO
Hey FinTech Fanatic!
Uzum is considering a $300 million Eurobond in 2026 and planning for an IPO as soon as 2027, with Hong Kong, Abu Dhabi, and Nasdaq under consideration.
The Uzbek FinTech is looking to grow beyond its home market. As co-founder Nikolay Seleznev said, “The volumes on the
M0 & Rain Secure Nearly $100M in a Single Day
Hey FinTech Fanatic!
And stablecoins are making headlines again! In just one day, two startups pulled in about $98 million.
First up, M0 raised $40 million in a round led by Polychain and Ribbit Capital. Founded in 2023 by Luca Prosperi and Gregory Di Prisco, the company works behind the
SHAREPay: Pays You Back With Every Tap
From Ski Dubai penguins to instant loyalty points, MAF is blending mall payments with SHAREPay and a credit card that works across all its stores.
Revolut in Talks With Investment Bankers on Possible U.S. Acquisition
Mastercard Joins McLaren in $100M F1 Deal
Hey FinTech Fanatic!
Just when it felt like the biggest FinTech x Sports collabs were already out there (yesterday’s edition was all about football), another one was unveiled, and such a big one!
McLaren is partnering with Mastercard on a $100 million per season deal for its Formula 1