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Welcome to another episode of our Daily Fintech Podcast.
This podcast episode is sponsored by Sokin. Sokin is the trusted global FX payment provider for some of the world’s leading brands. With Sokin Premium you can send and receive unlimited international payments for one fixed monthly fee. Market beating rates, no commission, hassle-free.
THE NEWS HIGHLIGHT OF THE DAY IS
Latin American neobank Nubank has announced the launch of its proprietary online payments solution. With NuPay, the digital banking giant allows customers to complete their e-commerce purchases with a few clicks within the firm’s app.
JUST IN:
Allica Bank says it’s set to hit £1bn in committed lending offers this year, double what it previously expected, helped by investment in its tech offering.
ALSO:
DLocal’s founders had first launched AstroPay, another digital payments platform that now has over five million users.
FURTHERMORE,
Luno, a regulated digital asset exchange in Malaysia, shared that its female users have grown from 16,000 in 2020 to more than 120,000 in 2021, an increase of more than sevenfold.
WHAT ARE THE LATEST INSIGHTS?
Mountside Ventures released their inaugural Term Sheet guide, Demystifying Venture Capital Term Sheets, aimed at founders raising an institutional round. The report provides insights from 200+ global venture capital investors, with over £11 billion in assets under management investing in over 1,000 deals per year, on the typical terms they offer founders. It’s the first time many of these investors have contributed to such a comprehensive analysis of their typical terms!