February 9, 2025 @ 2:53 pm By Omar Faridi  |  

Several venture capital firms in Latin America are reportedly planning to increase their investments in startups offering loans and artificial intelligence products. According to a report from Bloomberg, these efforts are driven by the region’s potential for financial-technology growth. This focus on Fintech lending and… Read More

 Tagged Bicycle Capital, investments, kaszek, lata, latin america, Latitud Ventures, startups, vc, venture capital

February 9, 2025 @ 12:09 pm By Michael Wong  |  

According to recent research by UnaFinancial, the total volume of Asian Fintech transactions reached $16.8 trillion in 2024, marking an increase of $2.1 trillion from the previous year. The report noted that Asia accounted for 48.2% of the global fintech volume, which totaled $34.8 trillion… Read More

 Tagged asia, fintech, UnaFinancials

February 9, 2025 @ 9:02 am By Omar Faridi  |  

Payment provider Rapyd is reportedly in discussions to secure $300 million in funding from investors, valuing the company at $3.5 billion. This valuation represents a significant decline from its peak value of around $9 billion in 2021, and a substantial drop from its early 2022… Read More

 Tagged digital transactions, funding round, payments, rapyd

February 9, 2025 @ 9:00 am By Omar Faridi  |  

This past Friday, the markets experienced a decline of roughly 1%, as measured by the S&P 500. Despite the volatility, Swedish buy now, pay later (BNPL) Fintech Klarna is reportedly preparing for its initial public offering (IPO) on the U.S. markets. According to a report… Read More

 Tagged bnpl, buy now pay later, ipo, klarna, sweden

February 8, 2025 @ 12:52 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has recently unveiled the newest recipients of the Mastercard x Pier Five Small Business Fund. The Fund grants $10,000 CAD to 10 Canadian women small business owners alongside “support to grow and scale their businesses.” Recipients receive a Priceless experience in Toronto… Read More

 Tagged canada, financial support, mastercard, small businesses

February 8, 2025 @ 8:48 am By Omar Faridi  |  

Ripple announced a partnership with Revolut and Zero Hash, aimed at expanding the access of its RLUSD stablecoin in the market. This collab marks a significant expansion for the RLUSD, positioning it to enter the crowded stablecoin marketplace, which is dominated by USDT and USDC… Read More

 Tagged revolut, ripple, rlusd, stablecoins, zero hash

February 8, 2025 @ 8:29 am By Omar Faridi  |  

Online payments firm Paysafe (NYSE: PSFE) is reportedly considering a sale after receiving takeover interest, according to a Bloomberg report. The company has enlisted the help of a financial advisor to explore its options, although deliberations are ongoing, and no decision has been made. Paysafe… Read More

 Tagged payments, paysafe, uk, united kingdom

February 7, 2025 @ 1:21 pm By JD Alois  |  

Affirm (NASDAQ:AFRM) shares are moving higher following Q2 earnings results which ended on December 31, 2024. Yesterday, the Fintech reported revenue of $866 million, an increase of 47% versus the same quarter year prior and net income of $80 million a $247 million improvement. The… Read More

 Tagged affirm, bnpl

February 7, 2025 @ 1:09 pm By Omar Faridi  |  

Trustly, a provider focused on Pay by Bank services, says it will partner with Spreedly, a payments platform. Trustly and Spreedly expect to provide merchants with full-service access to Pay by Bank to drive improved conversion rates and “optimize payment efficiency across expanded regional and global… Read More

 Tagged open banking, pay by bank, payments, spreedly, trustly

February 7, 2025 @ 12:03 pm By Omar Faridi  |  

AstroPay, a global enabler of digital financial solutions, says that it is redefining financial connectivity in Brazil with its expansion and acquiring a  Payment Institution (PI) license issued by the Central Bank of Brazil. This license is from the Central Bank of Brazil, underscoring AstroPay’s… Read More

 Tagged astropay, brazil, latin america, payments