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Welcome to another episode of our Daily Fintech Podcast.
This podcast episode is sponsored by YieldX. YieldX is transforming income investing to bring its benefits to all investors. With YieldX, the outcome is income.
THE NEWS HIGHLIGHT OF THE DAY IS
Argentina’s central bank on Thursday approved digital banking startup Ualá’s acquisition of rival Wilobank, the final hurdle to a deal that grants the Argentine “unicorn” greater scope in its quest to expand its financial services in Latin America.
JUST IN:
PayPal has been granted a full BitLicense from the New York Department of Financial Services, the company announced in a press release. New York introduced its BitLicense in 2015 as a way to regulate businesses that provide customers with the ability to buy and sell cryptocurrency in the state.
ALSO:
The PayRetailers- Pago Digital- Paygol announced the launch of its first Social Responsibility campaign to support charitable causes in Latin America. An initial alliance with the Manos Unidas Organisation, in Colombia, for the Defence of the Wayúu people’s rights in La Guajira communities accelerate the company’s goal of contributing to improving the quality of life of disadvantaged people.
WHAT ABOUT FUNDING ROUNDS AND INVESTMENTS?
Factris raised €10M through its partnership with NN Investment Partners.
Datia secured $3.4M in a Seed round of funding led by VC firm Nauta Capital.
LoopingOne raised €800,000 in funding in its first Seed round from Ebury.
Request Finance closed a US$5.5 million in a seed funding round.