August 9, 2024 @ 9:07 am By JD Alois  |  

Boston-based Flint Capital has closed on a $160 million venture capital fund. The vehicle aims to support early-stage firms in Cybersecurity, Fintech, B2C, SaaS, and other sectors. The fund will seek European and Israeli startups that want to expand into the US market. Flint has… Read More

 Tagged Flint Capital, vc, venture capital

August 9, 2024 @ 8:53 am By Omar Faridi  |  

In Q2 2024, the venture ecosystem showed modest signs of improvement, according to an update from Carta. In Q2 2024, the venture ecosystem exhibited some signs of improvement, but “not a drastic break, from Q1,” the report from Carta revealed. Based on current data, companies… Read More

 Tagged carta, research, vc, venture capital

August 9, 2024 @ 8:50 am By Omar Faridi  |  

CBInsights has released an extensive update focused on the role of “Big Tech in Fintech: How Amazon and Google are battling to own transactions.” The comprehensive research report from CBInsights pointed out that while Amazon and Google have reeled in their efforts to offer their… Read More

 Tagged amazon, cbinsights, fintech, google, research

August 9, 2024 @ 8:48 am By Omar Faridi  |  

Thunes, a global money movement innovator, has now enabled hundreds of merchants in Paris to accept cross-border payments from 15 international e-wallets and mobile partners via Alipay+. This collaboration leverages the Thunes Global Network, “enhancing convenience for Asian tourists in France, as they enjoy a… Read More

 Tagged alipay, france, thunes, wallets

August 9, 2024 @ 8:47 am By Omar Faridi  |  

CaixaBank has mobilized a total of €67.16 billion in sustainable finance according to data at the end of June 2024. This figure means having surpassed “the objective of the bank’s Sustainable Banking Plan, included in the 2022-2024 Strategic Plan, six months before the end of… Read More

 Tagged banking, CaixaBank, digital bank, europe, sustainability

August 9, 2024 @ 4:59 am By Omar Faridi  |  

NatWest has announced a £100 million term loan guaranteed by UK Infrastructure Bank (UKIB), and a £25 million term loan to support Quickline Communication’s large-scale broadband expansion in Yorkshire and Lincolnshire. This is alongside a £125 million term loan from UKIB. The financing from NatWest… Read More

 Tagged infrastructure bank, loans, natwest, uk, united kingdom

August 8, 2024 @ 5:22 pm By Omar Faridi  |  

Greenlight Financial Technology, Inc., the fintech company on a mission to help parents raise financially-smart kids, announced a collaboration with Google to connect with the Fitbit Ace LTE, a first-of-its-kind smartwatch that helps kids lead active, independent lives while giving parents peace of mind. Starting… Read More

 Tagged financial services, financial technology, google, greenlight

August 8, 2024 @ 5:15 pm By Omar Faridi  |  

CloudPay, the independent provider of global payroll and payment solutions, announces the closing of a $120 million funding round led by Blue Owl Capital with the participation of existing shareholders Rho Capital Partners, The Olayan Group and Hollyport Capital. The funding further strengthens CloudPay’s capital… Read More

 Tagged cloudpay, funding, payments, payroll

August 8, 2024 @ 5:14 pm By Omar Faridi  |  

Two large private equity buyouts propelled the total value of investments in Canadian fintechs to a new high in the first six months of the year amidst a broader persistent slump in Canadian and global investment, according to KPMG International‘s H1’24 Pulse of Fintech report…. Read More

 Tagged canada, Fintech funding, fintech trends, private equity, research

August 8, 2024 @ 1:22 pm By Omar Faridi  |  

NCR Voyix Corporation (NYSE: VYX), a global provider of digital commerce solutions, and Veritas Capital, an investor at the intersection of technology and government, announced the signing of a definitive agreement under which an affiliate of Veritas has agreed “to acquire NCR Voyix’s cloud-based digital… Read More

 Tagged digital banking, digital commerce, ncr voyix, veritas capital