April 30, 2024 @ 10:26 am By Omar Faridi  |  

UK small business hiring continued to show signs of recovery in the face of a challenging macroeconomic environment, with employment rising 1.4% year-on-year (y/y) in the first quarter of the year (January-March 2024). According to the latest Xero Small Business Insights (XSBI) data from global… Read More

 Tagged research, small businesses, uk, united kingdom

April 30, 2024 @ 10:24 am By Tony Zerucha  |  

Payhawk, a global spend management solution for domestic and international businesses throughout the United States, United Kingdom, and Europe, this week announced a new integration with American Express. It offers U.S. business and corporate card members the ability to issue virtual cards with built-in spend… Read More

 Tagged american express, hristo borisov, payhawk, spend management

April 30, 2024 @ 8:51 am 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, distributed ledger technology, fintech adoption, stripe

April 30, 2024 @ 8:50 am By Tony Zerucha  |  

This week, FinQuery (formerly LeaseQuery), a provider of AI-powered solutions, announced a $25 million minority investment led by Periphas Capital and supported by Lavelle Capital. The funding will accelerate product innovation and support strategic mergers and acquisitions. FinQuery’s AI-driven SaaS platform unifies finance, accounting, and… Read More

 Tagged FinQuery, George Azih, LeaseQuery, Sanjeev Mehra, Sanjeev Rao, spend management

April 29, 2024 @ 10:36 pm By Omar Faridi  |  

A collective sense of measured “optimism” developed throughout Q1 2024, as the S&P 500 recorded its best-performing first quarter since 2019, the FT Partners team noted in a research report covering Fintech ecosystem developments. The Fintech focused research report from FT Partners pointed out that… Read More

 Tagged fintech adoption, ft partners, research, vc, venture capital

April 29, 2024 @ 5:42 pm By Omar Faridi  |  

Carta has released its latest report, titled, State of Pre-Seed: Q1 2024. Carta notes in the research report that fundraising for pre-seed companies “stayed robust in Q1 2024, dominated by SAFEs and convertible notes; valuation caps remained flat.” While commenting on the actual definition/criteria for… Read More

 Tagged carta, insights, pre-seed funding, research

April 29, 2024 @ 3:38 pm By Omar Faridi  |  

Equifax (NYSE: EFX) Workforce Solutions continues to help businesses transform the employee experience with the launch of Forms HQ, a new offering designed to help automate the delivery, completion, and tracking of essential employee forms, “including those related to onboarding, tax withholding, state requirements, annual notices,… Read More

 Tagged equifax, taxes, workforce solutions

April 29, 2024 @ 2:45 pm By Omar Faridi  |  

Mid-sized banks have a big opportunity to maximize revenue potential and improve client experiences by transitioning to embedded banking, and to realize the full benefits of this transition, they need to leverage virtual ledgers, a report by tech payments company Finzly and Datos found. The… Read More

 Tagged banking, datos insights, embedded banking, Finzly, research

April 29, 2024 @ 2:21 pm By Omar Faridi  |  

Cross River Bank, a New Jersey State chartered FDIC-insured bank and Equal Housing Lender known for its Commercial Banking Group (CBG) and real estate lending platform, has reportedly “closed over $200 million in originations in the first quarter of the year.” “True” to the company’s… Read More

 Tagged cross river banking, digital financial services, lending, real estate

April 29, 2024 @ 1:55 pm By JD Alois  |  

TerraPay and VM Money Transfer Services (VMTS) have partnered to offer services in Jamaica. According to a company release, the two firms will enable transfers for individuals looking to move money between Jamaica and much of the rest of the world. This new agreement means… Read More

 Tagged jamaica, terrapay, VM Money