April 11, 2025 @ 9:33 am By JD Alois  |  

As public markets dim, private securities markets have boomed. Many early-stage firms seek to remain private for as long as possible due to burdensome regulatory requirements and excessive costs. This has pushed big money to jump to the head of the line and invest in… Read More

 Tagged accelex, northern trust global asset, private securities

April 11, 2025 @ 7:41 am By Omar Faridi  |  

Europe’s open banking infrastructure platform Yapily has partnered with the UK Fintech, Allica Bank, to bring the “benefits” of open banking top-ups to UK SME current accounts. Having launched to market in 2020, Allica has become the challenger bank for established SMEs with “between 5… Read More

 Tagged allica bank, open banking, uk, yapily

April 11, 2025 @ 7:40 am By Omar Faridi  |  

CaixaBank’s Corporate & Investment Banking (CIB) division has reportedly formalized over 2,000 transactions in 2024 through its three business areas: Corporate Banking, International Banking and Institutional Banking. In total, it channeled more than “39.5 billion euros of investment, a 20% increase on the previous year.”… Read More

 Tagged CaixaBank, digital banking, europe, sustainable finance

April 10, 2025 @ 5:22 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of internet infrastructure for commerce, announced the acceleration of their expansion plans. Shopify merchants in Canada with early access can now offer Shop Pay Installments, powered by… Read More

 Tagged affirm, bnpl, pay over time, payments, shopify

April 10, 2025 @ 5:20 pm By Omar Faridi  |  

In a speech delivered at the Federal Reserve Bank of San Francisco, Federal Reserve Governor Michael S. Barr highlighted the transformative potential of bank-Fintech relationships in driving the integration of Generative Artificial Intelligence (GenAI) into the financial services sector. Barr emphasized that the interplay of… Read More

 Tagged banking, federal reserve, fintech adoption, Gen AI

April 10, 2025 @ 5:17 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global financial technology platform of choice for leading businesses, has partnered with LegalZoom, an online platform for legal services, to optimize its payments processes. With a unified solution, Adyen will streamline LegalZoom’s payment processes which will “reduce complexity and administrative overhead.” Adyen’s… Read More

 Tagged adyen, europe, legalzoom, payments

April 10, 2025 @ 1:25 pm By Omar Faridi  |  

Xero, the small business platform, has launched Tap To Pay on iPhone, enabling Xero customers in Australia with a Stripe account to accept in-person contactless payments with their iPhone and the Xero Accounting app — “no additional hardware or payment terminal needed.” Tap to Pay… Read More

 Tagged apple, australia, iphone, payments, stripe, tap to pay

April 10, 2025 @ 11:19 am By JD Alois  |  

Solid, a banking platform, has filed for bankruptcy. According to filings submitted to the Bankruptcy court in Delaware, the company reports unsecured trade debt totaling approximately $760,000 with a limited amount of current revenue and approximately $7 million in cash on hand and approximately $2… Read More

 Tagged banking, bankruptcy, solid

April 10, 2025 @ 11:00 am By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, is marking the one-year milestone of its first subscription service Klarna Plus, which on average has surpassed nearly “35,000 signups a month in the US since its launch in January 2024.” Klarna claims that it is now outpacing… Read More

 Tagged bnpl, flexible payments, klarna, pay over time

April 10, 2025 @ 10:59 am By Omar Faridi  |  

Airwallex, a payments and financial platform, reported FY2024 performance in Singapore. According to a release from global Fintech Airwallex, FY2024 revenue in Singapore more than doubled, growing 153% YoY, fueled “by strong transaction volumes and a standout Q4.” Lucy Liu, President and Co-founder, Airwallex said:… Read More

 Tagged airwallex, australia, melbourne, payments, singapore