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? News Highlight: Sokin has partnered with Visa as the London-based fintech prepares to roll-out its inclusive Global Currency Account and debit cards across Asia Pacific.
⚡ Just in Discovery Limited has launched its comprehensive, real-time forex capability on the Discovery Bank app that gives access to immediate foreign currency transactions.
?? Furthermore, LuLu International Exchange has entered a strategic collaboration with Network International, and Visa, to enable users to remit digitally on the LuLu Money payments app using Visa debit cards.
? Crypto - Chip is now expanding its offer crypto exposure to its customers. It comes in the form of a Crypto Companies fund, managed by @Invesco US, which has been added to Chip’s platform today and is available for ChipX customers who pay £3/month.
? M&As: Equitable bank entered into a share purchase agreement to acquire @SaskCentral's 84% common share equity interest in @Concentra, as well as support agreements with additional Concentra shareholders representing a majority of the remaining 16%.
? Funding rounds & investments:
- British payments company GoCardless has just raised a $312m Series G funding round. That makes it the UK’s 22nd fintech unicorn — and the first to join the UK fintech unicorn club this year.
- Rewire, an Israeli financial services platform for migrant workers, has secured a $25 million strategic investment to bring insurance products to its users.
? New Launches & Features:
A new neobank designed specifically for couples is set to launch in India. Named Coupl, the digital bank allows users to set up joint accounts and manage their money together, including savings, expenses, and investments.