February 19, 2024 @ 9:20 am By Omar Faridi  |  

Revolut is reportedly preparing to introduce a digital assets exchange that will aim to serve advanced or professional crypto traders. As widely reported, Revolut already provides standard cryptocurrency-focused services to around 30 million clients. The new crypto exchange will reportedly aim to provide competitive fees… Read More

 Tagged banking, crypto exchagne, digital assets, digital bank, europe, revolut, uk, united kingdom

February 19, 2024 @ 8:39 am By Omar Faridi  |  

An extensive report has been shared, entitled Financial Fusion: Fintech’s M&A Landscape Unveiled: A guide to fintech M&A and the next wave of deals, by the researchers at Pitchbook. PitchBook says that the Fintech sector continues to attract substantial investments but certain segments might have… Read More

 Tagged fintech adoption, fintech trends, m&a activity, pitchbook, research

February 19, 2024 @ 8:09 am By Omar Faridi  |  

Klarna, a global payment provider and shopping assistant, has launched “Sign in with Klarna” to offer consumers a smoother shopping experience with increased control over their own data. The service saves time for consumers “by fast-tracking the online purchase process and, if they consent to… Read More

 Tagged e-commerce, EU, europe, klarna, payments, sweden

February 18, 2024 @ 10:14 pm By Omar Faridi  |  

‍Small business optimism returns in 2024, as half of SMEs anticipate growth this year, according to new research from iwoca – one of Europe’s small business lenders. As noted in the update from iwoca, nearly half (47%) of small business owners “surveyed expect that their… Read More

 Tagged business growth, europe, iwoca, research, smbs, sme's, uk, united kingdom

February 18, 2024 @ 8:28 pm By Omar Faridi  |  

PayPal Ventures reports that is co-leading Rasa’s $30 million Series C funding round. Rasa, the generative conversational AI platform, announced “the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and… Read More

 Tagged artificial intelligence, genai, generative conversational ai, investment round, PayPal Ventures, rasa, stepstone group

February 18, 2024 @ 6:23 pm By Michael Wong  |  

Overseas Filipinos (OFs) sent home a record $3.6 billion in personal remittances in December 2023, marking a 3.9 percent increase from the $3.5 billion reported in the same month in 2022, according to data released by the Bangko Sentral ng Pilipinas, the central bank of… Read More

 Tagged Overseas Filipinos, payments, Philippines, transfers

February 18, 2024 @ 2:27 pm By Omar Faridi  |  

Business expansion and automation are to address staffing challenges are top of mind for restaurants, retailers, according to an update from Fintech Square. Recently, Square released its Future of Commerce report, with comprehensive analysis on how business owners and consumers are “considering the evolution of… Read More

 Tagged matthew o’connor, ming-tai huh, research, square

February 18, 2024 @ 2:09 pm By Omar Faridi  |  

Mission Lane has announced that its Board of Directors has appointed Brandon Black as Chief Executive Officer. Black has served on the board since 2019. The company concurrently announced, “that it has closed on additional funding from Invus Opportunities and QED Investors.” In the last five… Read More

 Tagged brandon black, mission lane, nigel morris, qed

February 18, 2024 @ 1:41 pm By Omar Faridi  |  

iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announces its portfolio construction tool, Architect, is available on iCapital Marketplace. With the launch, more than 350,000 US financial advisors can access Architect – which combines a user-friendly interface… Read More

 Tagged fintech adoption, icapital, wealth management, wealthtech

February 18, 2024 @ 1:21 pm By Omar Faridi  |  

The Reserve Bank of India (RBI) claims that it aims to adopt a “hands-off” approach to regulating Fintech companies across a nation that’s home to around 1.5 billion consumers. In addition to taking a step back from aggressively monitoring Fintechs for now, the reserve bank… Read More

 Tagged india, rbi, regulation, reserve bank of india