July 26, 2024 @ 12:32 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment gateway, has announced a partnership with Paysafe (NYSE: PSFE), a payments platform. With this partnership, Alchemy Pay integrates Paysafe’s Skrill, NETELLER, and multiple local payment methods into its Fiat On-ramp offering, “enhancing convenience and accessibility for global users, particularly across… Read More

 Tagged alchemy pay, Crypto Adoption, payments, paysafe

July 26, 2024 @ 11:46 am By Omar Faridi  |  

Cross River Bank, a provider of technology infrastructure and embedded financial solutions, is marking its 16th year of doing business since its founding in June of 2008. Coming out of the 2008 financial crisis, Cross River claims that it “has been at the forefront of… Read More

 Tagged cross river, cross river bank, embedded finance, milestone

July 26, 2024 @ 10:47 am By Omar Faridi  |  

PXP Financial, a global payment services provider, is pleased to announce the launch of its Partner Portal. This advanced platform is engineered “to transform the merchant application journey, elevating the partnership experience with PXP.” Designed to enhance efficiency and accuracy, the Partner Portal “empowers partners… Read More

 Tagged partner portal, payments, pxp financial

July 26, 2024 @ 9:39 am By Omar Faridi  |  

My EU Pay, the financial institution that offers frictionless payments and FX to businesses, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to provide a range of banking services for their clients. My EU Pay will use ClearBank’s… Read More

 Tagged clearbank, EU, europe, fx, my eu pay, payments

July 26, 2024 @ 9:23 am By Omar Faridi  |  

Carta has released the State of startup compensation, H1 2024 update. Carta data shows that companies have “become leaner and salary benchmarks have remained flat across much of the ecosystem.” Companies on Carta made “more than 60,000 new hires during the first four months of… Read More

 Tagged carta, research, salary, startups

July 25, 2024 @ 10:02 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly “through Stripe, removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More

 Tagged avalanche, Crypto Adoption, financial infrastructure, stripe

July 25, 2024 @ 10:01 pm By Omar Faridi  |  

Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake in UK headquartered payments business Sokin, marking an exciting new chapter for the fast-expanding fintech firm. The acquisition will provide “significant capital and accelerate its product growth plans and further global expansion.” The… Read More

 Tagged investment funds, morgan stanley, sokin, uk

July 25, 2024 @ 9:55 pm By Omar Faridi  |  

Tech-first businesses, Banking Circle and fundcraft, are working in partnership to deliver seamless access to account openings for fund managers. Banking Circle, a firm focused on the payments space, is “one of fundcraft’s primary bank account providers, making accounts accessible through fundcraft via API integration.”… Read More

 Tagged banking circle, financial services, fund management, fundcraft

July 25, 2024 @ 4:05 pm By Omar Faridi  |  

Global small business platform, Xero, released its quarterly Xero Small Business Insights (XSBI) report for Canada, based on data from January to March 2024. The update showed incremental “improvements for the sector across sales growth, late payments and time-to-paid metrics, a signal that Canada‘s small… Read More

 Tagged canada, data, insights, research, small businesses

July 25, 2024 @ 12:49 pm By Omar Faridi  |  

Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, reported that it has reached profitability following a strong H1 2024, with key metrics seeing substantial growth year-to-date (YTD). Business performance is enabled by “expanded trading features and platform, strategic partnerships with… Read More

 Tagged banking, digital assets, digital bank, europe, switzerland, sygnum