August 13, 2024 @ 5:33 am By Omar Faridi  |  

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that TT’s acquisition of START, a broker-neutral trade optimization platform, from Abel Noser Holdings, a majority-owned portfolio company of Estancia Capital Partners, is now complete. This represents the second and final… Read More

 Tagged acquisition, start, trading technologies, tt

August 13, 2024 @ 4:11 am By Omar Faridi  |  

Unit, the financial infrastructure platform that powers embedded finance, announced a strategic partnership with Lincoln Savings Bank (LSB). This collaboration will power LSB to expand its embedded finance offerings and “further cement its reputation as an innovative financial institution.” Founded in 1902, Lincoln Savings Bank… Read More

 Tagged embedded finance, financial infrastructure, fintech adoption, unit

August 12, 2024 @ 10:20 pm By Omar Faridi  |  

Wise Payments Ltd. intends to begin signing up new clients in India for global remittances following a pause. This will be done to potentially acquire a larger share of a market that’s reportedly grown to $32 billion. The London-headquartered Fintech has stopped taking additional clients… Read More

 Tagged Cross-Border Transactions, india, wise, wise payments

August 12, 2024 @ 10:19 pm By Omar Faridi  |  

Hong Kong’s Fintech ecosystem is reportedly focusing on growth plans across Greater Bay, along with closer cooperation with Shenzhen. As first reported by the SCMP, the Fintech association intends to further expand its operations and programs in the Greater Bay Area, according to Chair Lareina… Read More

 Tagged fintech, greater bay, hong kong, shenzhen

August 12, 2024 @ 10:18 pm By Omar Faridi  |  

Mox Bank Limited is making it easier for Mox Invest customers to expand their portfolios with exchange-traded cryptocurrency funds (Crypto ETFs) directly on Mox Invest. The service offers a convenient way to gain “exposure to the crypto market through a regulated and familiar investment platform… Read More

 Tagged crypto etfs, digital banking, hong kong, mox bank, mox invest

August 12, 2024 @ 3:30 pm By Omar Faridi  |  

Camilo Tellez-Merchan, Head of Digital Payments Innovation Hub, Better Than Cash Alliance, United Nations Capital Development Fund (UNCDF), and Gisela Davico, the Latin America & Caribbean Lead and Global Gender Lead, Better Than Cash Alliance have shared key insights that have released in a blog… Read More

 Tagged colombia, digital payments, financial inclusion, insights

August 12, 2024 @ 3:28 pm By Omar Faridi  |  

The US venture market continues a slow evolution by way of correcting expectations and valuations, “at least in some arenas of the market,” according to an update from PitchBook. Artificial intelligence and machine learning (AI & ML) is “driving interest across the strategy, with company… Read More

 Tagged pitchbook, research, vc, venture capital

August 12, 2024 @ 3:27 pm By Omar Faridi  |  

UK’s digital bank Monzo announces that it surpassed 10 million personal customers in the UK as it continues to make money work for everyone. The milestone follows Monzo’s first full year of profitability, a funding round and various product announcements as the firm moves forward… Read More

 Tagged banking, digital bank, milestone, monzo, uk, united kingdom

August 12, 2024 @ 2:14 pm By Omar Faridi  |  

Chinese tech giant Tencent has reportedly decided to cash in its stake in UK neobank Tide as part of an overall retreat from its global investments strategy. Tencent has reportedly offloaded its shares to an unidentified buyer or group of buyers. Tencent, known for its… Read More

 Tagged china, investments, tencent, tide, uk

August 12, 2024 @ 2:13 pm By Omar Faridi  |  

Visa (NYSE: V) data shows spending at the 2024 Olympic Games is boosting the French economy The biggest share of overseas spend “comes from U.S. Visa cardholders, with most significant increases in year-on-year spending from Japan and Brazil.” Visa, the official payment technology partner of… Read More

 Tagged brazil, japan, research, spend, us, visa