Fintech Top-Funded Sector For Females-Led Startups: Report

Fintech is one of the best-funded sectors for female-led startups, research from Tracxn suggests. The global tech sector has over 69,000 women-founded tech companies, which have collectively raised $309 billion in funding to date. Despite a peak in 2021, when these companies secured $65 billion,… Read More

Hong Kong May Reinforce Innovation Hub Status By Fostering Fintech, Green Tech, High-growth Sectors – Report

Hong Kong’s economic and employment prospects reflect a blend of resilience and cautious optimism, according to recent reports from KPMG. Three key updates—the Hong Kong Employment Outlook Report, insights into the trust industry’s growth, and an analysis of government reserves—paint a picture of a city… Read More

Temu and Checkout.com to Streamline Digital Payments Experience for Online Consumers

Global online platform, Temu, known for offering “value-for-money” products, has recently expanded its partnership with digital payment provider Checkout.com to improve how customers pay for their orders. Checkout.com has been working with Temu since its launch in 2022, helping process payments worldwide. With this enhanced… Read More

LatAm Fintech Ualá Reports $66M Series E, Eyes Mexico Expansion

Latin American fintech Ualá has raised an additional $66 million in a second close of its Series E funding round, bringing the total to $366 million. This extension saw participation from TelevisaUnivision, alongside earlier investors like Allianz X, Stone Ridge Holdings Group, Pershing Square Foundation,… Read More

Payments Canada Supports ISO 20022, a Messaging Standard Poised to Enhance Payment Processing

Payments Canada is supporting a transformative shift in the financial landscape with the adoption of ISO 20022, an international messaging standard poised to enhance payment processing across the country. This initiative is gaining momentum, underscored by the release of a new educational update from Payments… Read More

Consumer Fintech Chime Introduces Instant Loans

Consumer financial technology company Chime announced the launch of Instant Loans—a product that provides instant access to up to $500 in funds with a fixed interest rate that is “lower than what’s typically observed in the industry.” Like all of Chime’s services, Instant Loans is… Read More

Ribbit Capital Leads $23.6M Crossmint Funding Round

Crossmint, a platform for companies building on-chain, this week announced the completion of a $23.6 million funding round led by Ribbit Capital, with participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. The company said more than 40,000 companies and developers use its services,… Read More

Standard Chartered Encourages Industry to Adopt ISO 20022 for Frictionless Cross-Border Transactions

Standard Chartered (LON: STAN) announced the launch of its whitepaper titled ‘Frictionless reconciliation and allocation of cash: Can the adoption of ISO 20022 XML turn this dream into reality?’(Opens in a new window). Developed in partnership with Zanders, the whitepaper offers perspectives and seeks to… Read More

Debt Collection Startup ClearGrid Celebrates $10M Launch; Marqeta’s Jason Gardner Among Investors

ClearGrid has launched with $10 million in funding to build “the modern debt collection infrastructure for the digital age.” The funding comes across two rounds, with the pre-seed round co-led by Raed Ventures and Beco Capital. The seed round was co-led by Nuwa Capital and… Read More

DoorDash Partners with BNPL Fintech Klarna to Offer Flexible Payments

Klarna, the AI-powered payments and commerce network, and DoorDash, the local commerce platform, have partnered to offer Klarna’s flexible range of payment options to DoorDash customers. In the coming months, DoorDash customers will be able to take advantage of Klarna’s range of payment options when… Read More

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