September 28, 2023 @ 10:47 pm By Omar Faridi  |  

Currencycloud, the Fintech focused on simplifying business in a multi-currency world, has more than tripled its Chinese customer growth rate across Asia-Pacific since establishing its APAC headquarters in 2021, “with its Chinese client base expanding from four to 12 organisations across the region.” As one… Read More

 Tagged apac, asia pacific, Business Expansion, china, cross-border payments, currencycloud, financial servics, fintech adoption, mainland china, multi-currency transactions, rohit narang, singapore, xtransfer

September 28, 2023 @ 10:08 pm By Omar Faridi  |  

Rapyd, a global fintech firm, announced the expansion of its card acquiring solution to Singapore. This solution, when combined with Rapyd’s core Fintech as a Service platform, equips local businesses with the tools “to elevate their market presence locally and extend their global reach to… Read More

 Tagged Business Expansion, financial services, financial technology, fintech adoption, fintech trends, rapyd, singapore, southeast asia

September 28, 2023 @ 8:27 pm By Omar Faridi  |  

Farther – the technology-centric wealth management firm – announced the  closure of its oversubscribed Series B, securing $31 million in investments for the round. This development has propelled the firm’s valuation to $131 million, “marking a 2.5x increase compared to its previous valuation – all… Read More

 Tagged digital financial services, digital technology, farther, financial services, funding, investment round, taylor matthews, wealth management, wealthtech

September 28, 2023 @ 4:24 pm By JD Alois  |  

It seems like only yesterday when buying a home meant locking into 30-year mortgage rates of just 2.25%. Well, those days are long gone as rates today are topping 7% as wicked high inflation has compelled central bankers to hike benchmark rates to get rising… Read More

 Tagged mortgages, roam

September 28, 2023 @ 3:58 pm By JD Alois  |  

The Small Business Technological Advancement Act (S. 2330) aims to update the Small Business Administration’s 7(a) loan program with the ability to utilize more digital tools. The short legislative act is outlined as follows: “The Small Business Act (15 U.S.C. 636(a)) is amended by adding… Read More

 Tagged financial technology assocation, fta, legislation, penny lee

September 28, 2023 @ 11:58 am By JD Alois  |  

Apple (NASDAQ:AAPL) is extending its Fintech services by enabling real-time connections to bank accounts in the UK, and displaying balances in the Apple Wallet. The UK has emerged as a leader in open banking technology, which means financial firms are required to provide access to… Read More

 Tagged apple, monzo, open banking, starling, starling bank, uk, united kingdom

September 28, 2023 @ 11:33 am By Omar Faridi  |  

Xero, the global small business platform, announced the release of its State of the Industry Report for Canada, which found that the country’s accounting and bookkeeping firms have experienced widespread revenue and profit growth, “linked to the adoption of new operating models and cloud solutions.”… Read More

 Tagged accounting, bookkeeping, canada, cloud, digitalization, faye pang, Research Report, Research Study, small business platform, small businesses, smbs, sme's, xero

September 28, 2023 @ 9:08 am By Omar Faridi  |  

One year after the launch of its Spanish office, iBanFirst, the European alternative for international payments with 13 offices in 10 countries, has “appointed Luis Miguel García de Águeda as the country manager for Spain, marking an important milestone in the company’s operations on the… Read More

 Tagged europe, financial services, ibanfirst, international payments, new appointments, spain

September 28, 2023 @ 9:06 am By Omar Faridi  |  

ChargeAfter, the embedded lending platform for point-of-sale financing, announced that Removery, the world’s tattoo removal service providers, chose ChargeAfter in order to power its upgraded consumer financing offer. ChargeAfter was selected to enhance Removery’s client experience by “offering a fast, seamless, and transparent financing process… Read More

 Tagged chargeafter, consumer financing, embedded lending, financial services, financing, fintech adoption, lending, meidad sharon, point-of-sale financing

September 28, 2023 @ 8:35 am By Omar Faridi  |  

Ramp, a financial technology company building payment rails connecting crypto to the global financial system, announced a strategic partnership with MetaMask, the self-custody web3 platform. The collaboration kicks off with the integration of Ramp’s on-ramp services directly into MetaMask’s mobile application and MetaMask Portfolio. This… Read More

 Tagged crypto-assets, digital assets, digital currency, digital technology, financial services, financial technology, lorenzo santos, metamask, ramp, self-custody, szymon sypniewicz, virtual currencies, web 3.0, Web3