The B2B fintech infrastructure provider has raised $10 million in a Series B round to fuel its growth.
HSBC, Mastercard and SBI back the open-banking specialist's Series B round.
Despite the funding decline, payment companies continue to drive investments, says S&P GMI.
Proceeds will go to capital reserves and funding a mortgage book.
Velotrade wants to change P2P invoice markets by converting receivables into securities.
The Hong Kong-based fintech, which combines A.I. with capital-markets expertise, says China’s entry to MSCI’s index creates an opportunity for alpha-seekers.