January 4, 2025 @ 9:36 am By Omar Faridi  |  

The Fintech ecosystem stands at a key moment as 2024 comes to an end, according to an update entitled, The 2024 Recovery Signals a New Era For Fintechs (authored by Abdul Abdirahman, David Jegen, and Minesh Patel). After reaching a low market valuation point in… Read More

 Tagged fintech adoptions, ipos

January 4, 2025 @ 9:30 am By Omar Faridi  |  

The SIX Exchange in Switzerland has released key figures for December 2024 and the full year 2024. SIX noted in a recent update that it releases the monthly key figures of SIX Swiss Exchange and BME Exchange on trading and listing activities in Switzerland as… Read More

 Tagged europe, six, stock exchange, switzerland

January 4, 2025 @ 9:28 am By Michael Wong  |  

Infinant, a Charlotte-based provider of bank platforms, has raised $15 million in a Series A funding round led by FINTOP Capital and its partner JAM FINTOP BankTech. The round also included participation from Raido Capital Partners, Woodforest Financial Group, and Bankers Helping Bankers, according to… Read More

 Tagged banking, fintop capital, Infinant

January 3, 2025 @ 10:14 am By Omar Faridi  |  

Gilles Gade, Founder and CEO at Cross River Bank, said that when he thinks of 2024, he’s reminded of a quote by the Austrian philosopher Viktor Frankl: “When we are no longer able to change a situation – we are challenged to change ourselves.” As… Read More

 Tagged cross river bank, financial infrastructure, fintech adoption, outlook 2025, perspective

January 3, 2025 @ 9:11 am By Omar Faridi  |  

Doconomy, an impact fintech company providing banking platforms with innovative tools to drive financial wellbeing and actionable sustainability, has  announced a partnership with European bank, KBC. KBC sought to find the best solution to help younger generations – in particular those aged between 18 to… Read More

 Tagged doconomy, EU, europe, kbc, sustainability

January 3, 2025 @ 7:10 am By Omar Faridi  |  

Strictly Money Ltd, the London-based fintech, has recently launched a new crowdfunding campaign on Crowdcube to invite European investors to fuel its next phase of growth. Crowdcube, which claims to be one of Europe’s largest private market investment platforms, has powered initiatives such as Revolut,… Read More

 Tagged crowdcube, strictly money, uk, united kingdom

January 3, 2025 @ 7:09 am By Omar Faridi  |  

Digital payments processing Fintech Checkout.com has reportedly cut staff members following significant sales losses. UK-headquartered payments processing Fintech Checkout.com has slashed nearly a quarter of its professional work-force after a considerable decline in reported revenue. As indicated in Checkout.com’s accounts for the financial year 2023,… Read More

 Tagged checkout.com, digital payments, employment, layoffs, uk, united kingdom

January 2, 2025 @ 8:40 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Hiberbay Ink Al-Saoudia for IT Systems” to provide E-wallet solutions. With “Hiberbay Ink Al-Saoudia for IT Systems,” there are now 27 licensed firms providng payments services across the Kingdom of Saudi Arabia. This decision reflects SAMA’s aim to support… Read More

 Tagged digital wallets, fintech adoption, middle east, payments, SAMA, saudi arabia

January 2, 2025 @ 4:49 pm By Omar Faridi  |  

WeLab noted that in 2024, their regional expansion strategy has achieved considerable success, with the group now serving nearly 70 million users across Hong Kong, Mainland China, and Indonesia. According to the update from WeLab, this momentum propels them closer to their ambitious goal of… Read More

 Tagged banking, digital bank, hong kong, southeast asia, welab bank

January 2, 2025 @ 1:05 pm By Omar Faridi  |  

With 2025 fast approaching, the San Diego-based financial literacy platform, Benji, is helping individuals save more and shape up their finances in the new year. According to a survey by the Pew Research Center, 61% of U.S. adults make New Year’s resolutions relating to “money… Read More

 Tagged benji, financial education, financial literacy, personal finances