October 22, 2024 @ 3:19 pm By Omar Faridi  |  

Zip announced recently a $190 million Series D funding round, raising the company’s valuation to $2.2 billion. The latest investment round reported by Zip is said to have been led by BOND, with additional new investors Adams Street, Alkeon, (some others) along with Zip’s existing… Read More

 Tagged funding round, zip

October 22, 2024 @ 11:45 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has completed its rulemaking process for certain segments of Open Banking. Open Banking, or Open Finance, addresses the massive amounts of data generated by financial services firms and their customers. In the past, these firms have largely leveraged this… Read More

 Tagged cfpb, financial technology association, fta, open banking, open finance

October 22, 2024 @ 11:11 am By Michael Wong  |  

Obligo, a US Fintech focused on bridging the trust gap between renters and landlords through flexible security deposit solutions, announced raising $35 million in its latest funding round. The latest investment round, co-led by True Global Ventures and 83North, comes at a time when Obligo… Read More

 Tagged funding round, obligo

October 22, 2024 @ 9:00 am By JD Alois  |  

Neobank MoneyLion (NYSE: ML) has revealed the launch of “MoneyLion Checkout,” which it describes as the Amazon of financial services. MoneyLion says that users may search for hundreds of financial products, including both in-house and outside services. The company claims the services are similar to… Read More

 Tagged moneylion

October 22, 2024 @ 8:59 am By Omar Faridi  |  

Alex Jimenez from Backbase has shared key insights with Crowdfund Insider. Alex mainly focused on the advantages of leveraging the latest Fintech technologies and how innovative tech may be used to complement existing banking solutions. Alex Jimenez serves as the Lead Principal Consultant at Backbase. He… Read More

 Tagged alex jimenez, backbase, banking, fintech trends, interview

October 22, 2024 @ 8:32 am By JD Alois  |  

US-based Pipe is expanding into the UK by collaborating with GoCardless. Pipe is a Fintech that makes financial tools accessible to smaller firms, including embedded financing. GoCardless is a global payments firm with over 100,000 businesses, from start-ups to household names. Under the partnership, Pipe’s… Read More

 Tagged embedded finance, gocardless, online lending, pip, uk, united kingdom

October 22, 2024 @ 8:25 am By Omar Faridi  |  

A new research report for the G20 on tokenization aims to highlight the various opportunities, risks and future considerations for central banks. As explained in the update shared by BIS, tokenization could potentially have significant implications for the future of finance as well as the… Read More

 Tagged bank for international settlements, bis, digital securities, g20, tokenization

October 22, 2024 @ 8:11 am By Omar Faridi  |  

LendInvest (AIM: LdINV) has reportedly secured a £300 million financing syndicate with BNP Paribas, Barclays, and HSBC. LendInvest, the UK’s platform for property finance, has recently confirmed the renewal of its £300 million revolving warehouse financing agreement with BNP Paribas, Barclays Bank PLC, as well… Read More

 Tagged lendinvest, uk, united kingdom

October 22, 2024 @ 8:05 am By Tony Zerucha  |  

As more companies gravitate toward card programs to drive customer attraction and retention, they are learning that success significantly depends on the quality of the customer experience. Today, Marqeta (NASDAQ:MQ) released a pair of tools designed to make creating front-end payment experiences a much easier… Read More

 Tagged cards, marqeta, Simon Khalaf

October 21, 2024 @ 11:21 pm By Omar Faridi  |  

CMU OmniClear Limited, a wholly-owned subsidiary of the Hong Kong Monetary Authority (HKMA) and SIX signed a Memorandum of Understanding (MOU) for cooperation in securities depository and settlement to foster the growth of cross-border investment. Based on the MOU, the two parties will now aim… Read More

 Tagged cmu omniclear, cross-border investments, hkma, securities depository, settlement, six