July 24, 2021 @ 6:49 pm By Omar Faridi  |  

Cross-border payments Fintech Thunes revealed earlier this week that it acquired Limonetik, a European Payment Methods Platform. The latest acquisition by Thunes should complement the Fintech firm’s existing cross-border payments solutions by enabling companies or businesses to get paid in 70 different countries, using more… Read More

 Tagged acquisition, b2b payments, christophe bourbier, cross-border payments, europe, france, limonetik, paris, payments, peter de caluwe, thunes

July 24, 2021 @ 3:30 pm By Omar Faridi  |  

MPOWER Financing, a global education loan provider, recently secured an equity investment of $100 million. The new funding is in addition to the $60 million MPOWER raised earlier this year from Tilden Park Capital Management that also participated in the current round along with ETS… Read More

 Tagged ai, artificial intelligence, bangalore, big data, canada, daca students, education, fintech adoption, fintech trends, higher ed, higher education, india, interview, loans, machine learning, manu smadja, mpower, new york, student loans, united states, us, washington dc

July 24, 2021 @ 3:26 pm By Omar Faridi  |  

The Union Bank of the Philippines, which is part of a conglomerate that is led by Aboitiz Equity Ventures, will be launching the fourth all-digital banking platform in the Southeast Asian country. This, according to a Philstar Global report. The UnionBank’s virtual bank application has… Read More

 Tagged 1977 us epa graphic standards system, bangko sentral ng pilipinas, benjamin diokno, bsp, central bank, digital banking, digital financial services, financial inclusion, financial services, Philippines, reserve bank, southeast asia, virtual bank

July 24, 2021 @ 2:04 pm By Omar Faridi  |  

AuthenticID recently announced a $100 million minority growth investment that has been led by Long Ridge Investment The investment will be directed towards supporting AuthenticID’s ongoing innovation in automated identity proofing as well as the firm’s market expansion efforts. AuthenticID, an established provider of Identity… Read More

 Tagged authenticid, blair cohen, digital identity, digital onboarding, digital technology, id verification, identity spoofing, identity verification, investment round, jeff s. jani, jim brown, long ridge, long ridge investment

July 24, 2021 @ 11:43 am By Omar Faridi  |  

Allied Venture Partners confirmed on July 23, 2021, that they have invested over $1 million into early-stage tech startups while helping to close almost $13 million in total funding since their October 2020 debut. Based in Calgary, Alberta, AlliedVP invests in early-stage tech firms from… Read More

 Tagged allied venture partners, calgary, canada, matthew wilson, venture capital

July 23, 2021 @ 5:51 pm By Omar Faridi  |  

France-based Spendesk, a spend management platform, has acquired €100 million in capital through a Series C round that was led by General Atlantic, an international growth equity company. Spendesk offers finance professionals a software-as-a-services or SaaS spend management system for complete visibility and control on… Read More

 Tagged eight road ventures, europe, france, general atlantic, index ventures, investment round, rodolphe ardant, saas, spend management, spendesk

July 23, 2021 @ 5:47 pm By JD Alois  |  

Iris, the social stock market app that lets users invest with friends, is looking to raise up to $500,000 on Republic. According to the offering page, Iris has set a funding goal target of between $25,000 and $500,000. As it stands today, Iris has raised… Read More

 Tagged iris, regulation cf, republic

July 23, 2021 @ 5:21 pm By Omar Faridi  |  

InvestCloud, a global Fintech company that designs and creates financial software for established banks, wealth managers and asset managers, has been chosen by BNP Paribas Wealth Management to offer Client Relationship Management (CRM) and Client Lifecycle Management (CLM) services for onboarding and “nurturing” high-net-worth (HNWI)… Read More

 Tagged bnp paribas, bnp paribas wealth management, california, cloud, crm, financial services, hnwis, investcloud, los angeles, united states, us, wealth management

July 23, 2021 @ 1:21 pm By Omar Faridi  |  

Elliptic, a company focused on crypto-asset risk management, has been chosen by Paysafe, a specialized payments platform, for its Elliptic Lens solution. Paysafe is now able “to manage indirect exposure to cryptocurrency-related risks and bolster their cryptocurrency controls,” according to an update from Elliptic. Paysafe,… Read More

 Tagged aml, blockchain analystics, compliance, crypto-assets, digital assets, distributed ledger technology, dlt, elliptic, giacomo austin, kyc, payments, paysafe, simone maini

July 23, 2021 @ 12:01 pm By Omar Faridi  |  

SIMON Markets LLC, a Fintech firm that aims to transform the digital wealth management landscape vita its platform for financial professionals, and which makes risk-managed and alternative investment solutions “broadly available,” has finalized the “first leg” of a strategic round of “up to” $100 million… Read More

 Tagged goldman sachs, investment round, Jason Broder, kevin marcus, laurence tosi, SIMON, simon markets llc, united states, us, wealth management, wealthtech, westcap