Daily FinTech Podcast - April 29th, 2022

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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.