July 17, 2024 @ 7:45 am By Omar Faridi  |  

UK’s Monument Bank is pleased to announce that they have reached £3 billion in client deposits this morning, which is £1 billion more than just over ten weeks ago. Monument Bank claims that Q3 2024 is now “off to a fantastic start.” They further noted… Read More

 Tagged banking, deposits, monument bank, uk, united kingdom

July 16, 2024 @ 7:20 pm By JD Alois  |  

Faes & Co. has announced a partnership with UK investment manager Triple Point. The company reports that Triple Point holds more than $4.7 billion in funds under management. The arrangement will see Triple Point provide Faes & Co. with funding to support its lending activities… Read More

 Tagged bridge loans, christian faes, faes & co., online lending, triple point

July 16, 2024 @ 7:07 pm By JD Alois  |  

Banking platform Temenos (SIX: TEMN) is partnering with Visa to integrate Visa Direct, a Visa money movement solution. The service will be integrated within the Temenos Payments Hub and made available to banks via Temenos Exchange. Last month, Temenos announced the addition of Mastercard Move… Read More

 Tagged baas, temenos, visa

July 16, 2024 @ 6:06 pm By Omar Faridi  |  

Acorns, the savings and investing app for everyday Americans, has announced a key product update. In a note shared with CI, Acorns mentioned that Later Match is “a recently launched feature that offers a 3% and 1% IRA match on new contributions for people using… Read More

 Tagged acorns, investing, savings

July 16, 2024 @ 6:05 pm By Omar Faridi  |  

When it comes to finding, analyzing and acting on their company’s financial information, corporate finance departments, treasurers and chief financial officers (CFOs) expect the same ease and convenience they enjoy while managing their personal finances. That is reportedly why Bank of America (NYSE: BAC) is… Read More

 Tagged bank of america, cashpro, digital transactions, search engine

July 16, 2024 @ 3:40 pm By JD Alois  |  

The House Financial Services Committee has scheduled a hearing entitled “AI Innovation Explored: Insights into AI Applications in Financial Services and Housing.” The hearing, which is for the full committee, will take place on Tuesday, July 23rd. The Hearing may reflect the recent position paper… Read More

 Tagged house financial services committee

July 16, 2024 @ 11:14 am By JD Alois  |  

Dopay, a Fintech providing banking to unbanked and underbanked individuals, is reporting raising $13.5 million in a Series A extension funding. The Series A extension funding was led by Argentem Creek Partners with participation from existing investors. Dopay states this tops up a prior $18… Read More

 Tagged dopay, egypt, neobank, uk, united kingdom

July 16, 2024 @ 8:21 am By Omar Faridi  |  

As we arrive at the midpoint of 2024, the team at Klarpay is providing an update to their clients and partners on the Fintech firm’s milestones and achievements in the first half of the year. Klarpay has been active on the global stage, “participating in… Read More

 Tagged financial services, fintech, klarpay, milestone, switzerland

July 16, 2024 @ 8:17 am By Omar Faridi  |  

lemon.markets has raised an additional €12 million in funding. Led by CommerzVentures, along with participation from Heliad AG and existing investors Creandum, Lakestar, Lightspeed, and System.One, the investment round is said to bring them one step closer to “providing the infrastructure for the next 100… Read More

 Tagged europe, germany, investment round, lemon.markets

July 16, 2024 @ 8:11 am By Tony Zerucha  |  

Decentralized computing platform Chainlink and Starknet, the secure scaling technology bringing Ethereum’s benefits to the world, announced this week that Chainlink Data Feeds, a data solution for DeFi, are now live on Starknet mainnet. Starknet is an ecosystem that helps developers to overcome Ethereum’s scalability limitations while ensuring computational integrity. The… Read More

 Tagged chainlink, Chainlink Data Feeds, defi, Diego Oliva, johann eid