November 17, 2024 @ 6:08 pm By Omar Faridi  |  

Jeff Weinstein, a Product Specialist at Stripe, recently announced an innovative development for the AI community. Weinstein noted that Stripe’s launch of a new SDK is specifically designed for AI agents. Today(), @stripe is launching a SDK built for AI agents: – LLMs can call… Read More

 Tagged ai, financial services, llms, sdks, stripe

November 17, 2024 @ 6:06 pm By Michael Wong  |  

FortiCard, a Singapore-based global Fintech firm, has announced the establishment of its subsidiary in the United States and the acquisition of a Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) under the U.S. Department of the Treasury. This development marks… Read More

 Tagged fintech, FortiCard, ipo, singapore

November 17, 2024 @ 6:04 pm By Michael Wong  |  

Dubai-based spend management platform Pemo announced raising $7 million in a Pre-Series A funding round. The investment comes as the company seeks to accelerate its growth in the Gulf Cooperation Council (GCC) region, including plans to expand into Saudi Arabia. The funding round was co-led… Read More

 Tagged dubai, fintech, Pemo, spend management, uae

November 17, 2024 @ 6:02 pm By Omar Faridi  |  

The UK Fintech ecosystem has been ranked third in Q3 2024, despite decline in funding, according to an update from Tracxn. Fintech funding in countries across the globe continues to experience shifts in moment due to a wide range of factors including the rise of… Read More

 Tagged Fintech funding, Research Study, uk, united kingdom

November 16, 2024 @ 6:04 pm By Omar Faridi  |  

PitchBook has released its latest Retail Fintech Report. The update highlights key developments in the fast-growing financial technology ecosystem. Deal value and count: In Q3, PitchBook pointed out in its report that retail fintech VC deal value and deal count both “retreated from Q2 levels.”… Read More

 Tagged financial technology, fintech adoption, Research Report, retail fintech report

November 16, 2024 @ 4:27 pm By Omar Faridi  |  

Starling Bank is aiming to simplify saving with the launch of Easy Saver, a savings account linked to a Starling personal current account. This account offers “penalty-free, immediate” withdrawals, as well as an interest rate of “4% AER / 3.92% GROSS” variable on balances “up… Read More

 Tagged savings, starling bank, uk, united kingdom

November 16, 2024 @ 4:24 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, has launched with Staples, a firm focused on workspace products and solutions. Staples customers can spread the cost of their vital office supplies with Klarna’s Pay in 4 or Financing options, or “pay in full” with… Read More

 Tagged ai, klarna, payments, staples

November 16, 2024 @ 4:13 pm By Michael Wong  |  

Global card payment processor Visa (NYSE:V)has made strategic investments in four African startups—Ghana’s Oze, Nigeria’s Orda, and Kenya’s WorkPay and OkHi—following their participation in the company’s Africa Fintech Accelerator program. The initiative, launched in 2023, is part of Visa’s broader commitment to invest $1 billion… Read More

 Tagged africa, nigeria, startups, visa

November 15, 2024 @ 3:26 pm By Omar Faridi  |  

Continuing Life retirement communities in California, marks two years of partnership with DailyPay – a worktech company and leading provider of earned wage access (EWA). Continuing Life retirement communities recognizes the importance of providing a good workplace for their team members – supporting, training, and… Read More

 Tagged dailypay, earned wage access, ewa, financial wellbeing

November 15, 2024 @ 9:51 am By JD Alois  |  

The UK government has announced that the issuance of Gilts will be tested on distributed ledger technology (DLT) in a forthcoming pilot. If the UK issues government bonds using blockchain technology, this could transform how public authorities issue and manage debt offerings. In a speech… Read More

 Tagged digital asset, digital bonds, gilts, Rachel Reeves, uk, united kingdom