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UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.
Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.
India-based EarlySalary, which gives consumers instant access to credit, has reportedly bagged $10m in its Series C round.
India-based EarlySalary has raised around $15.8m in a Series B funding round led by Eight Road Ventures.
India's first FinTech startup offering salary advances and instant cash loans, EarlySalary, has raised $50m of debt financing from IFMR Capital. EarlySalary has already dispersed...