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Welcome to another episode of our Daily Fintech Podcast.
THE NEWS HIGHLIGHT OF THE DAY IS
Bogota-based payments infrastructure startup minka has secured $24 million in a funding round co-led by Tiger Global Management and KASZEK.
JUST IN:
The Monetary Authority of Singapore (MAS) granted an“in-principle approval” to fintech firms Revolut and Luno Singapore to offer digital payment token services under the Payment Services Act.
ALSO:
Thoma Bravo, the tech-focused private equity firm, has approached banking software specialist Temenos about a potential takeover, people with knowledge of the matter said.
WHAT ABOUT CRYPTO?
Bank of Mexico governor Victoria Rodríguez told the Senate that the country can expect a retail central bank digital currency (CBDC) by 2025.
Crypto exchange Kraken Digital Asset Exchange has received a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM) to operate a regulated exchange platform in the United Arab Emirates (UAE).
AS FOR PARTNERSHIPS
WAY2VAT (ASX: W2V) Ltd has partnered with Railsbank to launch the Smart Spend Debit Mastercard for the SMB and enterprise market, which fully automates VAT/GST returns from end to end.
Zvilo, the digital platform unlocking working capital in the Balkans, has signed a Memorandum of Understanding (MoU) with Mastercard, signifying a strong collaboration and ongoing partnership.
