August 29, 2024 @ 2:07 pm By JD Alois  |  

StartEngine, a leading securities crowdfunding platform, is now offering investors to purchase securities in Chime – a very popular neobank. Chime claims to be the “most loved banking App.” While not a digital bank, Chime is a neobank that provides a broad range of services… Read More

 Tagged chime, neobank, reg d, regulation d, startengine

August 29, 2024 @ 12:02 pm By JD Alois  |  

Fintech Lemon says it will work with WiserFunding to improve its SaaS related lending decisions for SMEs. Lemon recently closed a pre-seed funding round of £500,000 to fuel its growth. The funding was led by SFC Capital, alongside Pitchdrive and SyndicateRoom. Angel investors participating included… Read More

 Tagged lemon, online lending, saas, uk, united kingdom, wiserfunding

August 29, 2024 @ 11:35 am By JD Alois  |  

dLocal and Grey have announced a partnership to pursue payments and transfers in emerging markets. Grey is a US start-up focused on providing global cross-border payments across the US, UK, Europe, Asia, and Africa. dLocal targets connecting merchants with consumers in Africa, Asia and Latin… Read More

 Tagged dlocal, grey, payments, transfers

August 29, 2024 @ 11:03 am By JD Alois  |  

Identity platform  Trulioo is reporting a “surge” in remittance-related transaction volume via its platform. The company says that it has experienced a 142% year over year increase in cross border payments that utilized its verification services. Digital payments and transfers are pretty much the norm… Read More

 Tagged identity, trulioo

August 29, 2024 @ 10:13 am By Omar Faridi  |  

During the first half of the year, CaixaBank expanded its mobile offices services to guarantee the financial inclusion to reach a total of 804 towns, “amounting to a 27% increase compared to the number of towns reached by the financial institution’s mobile offices service in… Read More

 Tagged Caixa, CaixaBank, financial inclusion, financial institutions, mobile servicse

August 29, 2024 @ 8:28 am By Omar Faridi  |  

FloQast has announced the results of Market Study: The Role of Finance Automation in Reducing Stress and Retaining Talent in the DACH Region, the company’s latest research initiative. The survey explores the status of automation and digitalization “in finance and accounting teams in Germany, Austria,… Read More

 Tagged automation, dach, finance, research, survey

August 29, 2024 @ 8:27 am By JD Alois  |  

Liberis and Sezzle are collaborating on enabling access to financing for smaller firms. Liberis is a an embedded finance that aims to provide “hyper-personalized” access to capital. Sezzle is a BNPL or Buy Now Pay Later provider. Sezzle will now promote he LIberis service to its… Read More

 Tagged bnpl, embedded finance, liberis, online lending, sezzle

August 28, 2024 @ 9:44 pm By Omar Faridi  |  

OakNorth – the digital bank for entrepreneurs, by entrepreneurs – announces that it has secured authorization from the Federal Reserve and the New York State Department of Financial Services (NYDFS) for a Representative Office in New York. The authorization will enable OakNorth to “proactively market… Read More

 Tagged digital bank, nydfs, oaknorth

August 28, 2024 @ 3:13 pm By Omar Faridi  |  

IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application. The IDEX Pay biometric solution includes “the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38… Read More

 Tagged biometrics, idex biometrics, idex pay, milestone, payments, visa

August 28, 2024 @ 11:57 am By JD Alois  |  

German Bank Commerzbank has opened a representative office in Lithuania. According to a blog post on Invest Lithuania,  the representative office in Vilnius will serve as the hub for the Baltic States of Estonia, Latvia, and Lithuania. Commerzbank is said to be focusing on trade… Read More

 Tagged commerzbank, europe, invest lithuania, lithuania