September 20, 2023 @ 7:01 am By Omar Faridi  |  

Dave Inc. (Nasdaq: DAVE), one of the nation’s neobanks, has amended its existing Delayed Draw Senior Secured Loan Facility with Victory Park Capital Advisors, LLC, effective September 13, 2023. The amendment to the Credit Facility accomplishes the following: Increases the total size by $50 million… Read More

 Tagged dave, financial services, fintech adoption, fintech trends, jason brown, jason wilk, neobank, neobanking, victory park capital advisors, vpc

September 19, 2023 @ 9:45 pm By Omar Faridi  |  

Stocktwits, the social platform for investors and traders across all asset classes including stocks, crypto, and other emerging investments, announced that they are launching options trading and increased sentiment data on the platform. These capabilities will expand the company’s existing suite of features “at a… Read More

 Tagged crypto-assets, data, investing, investments, options trading, social platform, stocks, stocktwits, trading

September 19, 2023 @ 9:35 pm By Omar Faridi  |  

Lloyds Banking Group has invested €3 million in technology company Enigio to expand its use of digital documentation in trade. The €3 million investment will allow Enigio “to expand its bespoke solution, trace:original, which removes the need to physically transfer paper documentation within trade transactions.”… Read More

 Tagged digital documentation, digital technology, enigio, investing, investments, lloyds, lloyds banking group, trade, trading

September 19, 2023 @ 8:17 pm By Omar Faridi  |  

Backbase is pleased to announce the partnership with Judo Bank (ASX: JDO) is now live. Judo selected Backbase’s Engagement Banking Platform (EBP) to create new digital experiences for its small and medium (SME) business banking and term deposit customers. The adoption of Backbase’s EBP will… Read More

 Tagged australia, backbase, banking, engagement banking, fintech adoption, fintech trends, iman ghodosi, judo bank, small businesses, smbs, sme's

September 19, 2023 @ 7:55 pm By Omar Faridi  |  

Pagaya Technologies LTD. (NASDAQ: PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, and Värde Partners, a global alternative investment firm specializing in credit and credit-related assets, announced the closing of PAID 2023-S2, “continuing a partnership to provide funding and growth… Read More

 Tagged pagaya

September 19, 2023 @ 7:33 pm By Omar Faridi  |  

A survey from Xero, the global small business platform, has revealed that over half (53%) of small businesses in Canada “cited inflation as impacting their cash flow management in the last six months.” Some businesses have been so heavily impacted “that nearly one-third (31%) of… Read More

 Tagged canada, cash flow, faye pang, financial services, inflation, research, small businesses, smbs, sme's, survey, xero

September 19, 2023 @ 4:59 pm By JD Alois  |  

According to a recent survey, 58% of US consumers expect all payments will be digital in the near future. This percentage increases to 67% when polling a younger demographic – more specifically, Millennials. Banking platform provider Temenos (SIX: TEMN) surveyed  2000 adults about their purchasing… Read More

 Tagged payments, temenos

September 19, 2023 @ 3:43 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced a strategic collaboration with Astra, a technology company that offers advanced instant payment solutions. With Astra’s technology, Treasury Prime customers now “have access to instant account funding and instant disbursements via push-to-card capabilities.” This feature marks a… Read More

 Tagged astra, digital payments, digital technology, digital transactions, digitalization, embedded banking, gil akos, instant payments, mark vermeersch, treasury prime

September 19, 2023 @ 3:35 pm By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) is pleased to announce that Matt Billings is joining the team as VP and President of Robinhood Financial LLC and Robinhood Securities, LLC effective as of – September 18, 2023. In this role, Matt will focus on furthering the firm’s commitment “to putting safety… Read More

 Tagged financial services, new appointments, robinhood, steve quirk

September 19, 2023 @ 3:31 pm By Omar Faridi  |  

Credolab, a smartphone and web behavioural data analytics platform, has announced a strategic partnership with Circulo de Credito, a fast-growing Credit Information Society (Credit Bureau) in Mexico. The partnership aims to bring more financial inclusion to Mexico by “providing innovative credit, risk and fraud scoring… Read More

 Tagged analytics, círculo de crédito, credit bureau, credolab, data, data analytics, latam, latin america, mexico, smartphone data, South America