August 14, 2022 @ 11:59 am By JD Alois  |  

Stoa, a Proptech that enables real estate investors to purchase, renovate, and sell homes, has raised $100 million, according to a company statement. Underwritten by Cantor Fitzgerald, the $100 million securitization is the second funding managed by Cantor which last completed $100 million securitization in… Read More

 Tagged fix and flip, or agassi, proptech, stoa, tom sella

August 14, 2022 @ 11:49 am By Omar Faridi  |  

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for financial markets, recently announced new optimized routes on its network to Istanbul (Bursa Istanbul), Riyadh (Saudi Stock Exchange, Tadawul) and Tel Aviv (Tel Aviv Stock Exchange, TASE). These routes should help with encouraging… Read More

 Tagged avelacom, bursa istanbul, data, data solutions, financial markets, financial services, infrastructure, istanbul, it, low latency connectivity, mena, mena region, middle east, riyadh, saudi arabia, saudi stock exchange, tadawul, tase, tel aviv, tel aviv stock exchange, turkey

August 13, 2022 @ 3:06 pm By Omar Faridi  |  

BT has announced Barclaycard Payments as the latest business “to join its new partnership network, aimed at helping the UK’s smallest firms to grow.” Barclaycard has signed up to BT’s partnership network, “following The Federation of Small Businesses (FSB), with the aim of delivering a… Read More

 Tagged barclaycard payments, bt, chris sims, colin o’flaherty, europe, msmes, payments, small businesses, smbs, sme's, uk, united kingdom

August 13, 2022 @ 12:59 pm By Omar Faridi  |  

ANZ Bank New Zealand Ltd has selected financial technology platform FIS (NYSE: FIS) to enhance its core banking capabilities. ANZ New Zealand will be “the first bank outside the U.S. to utilize FIS’ Modern Banking Platform, which is deployed on Microsoft Azure.” FIS’ Modern Banking… Read More

 Tagged andrew beatty, ANZ, anz bank new zealand, banking, bill borden, core banking, digital technology, digital transformation, digitalization, financial services, fintech adoption, fis, microsoft, mike bullock, new zealand

August 12, 2022 @ 10:23 pm By Omar Faridi  |  

Visa (NYSE: V) announced that Visa tap to pay will officially “arrive on GO Transit, and has launched on the UP Express, making it easier to travel on transit by offering riders a contactless payment option with their Visa credit card or payment-enabled device (e.g…. Read More

 Tagged brian weiner, canada, contactless, contactless payments, credit cards, go transit, payments, payments cards, toronto, visa, visa tap to pay

August 12, 2022 @ 9:17 pm By Omar Faridi  |  

Thunes, a cross-border payments company, recently announced that it is accelerating the expansion of its services in the MENA region, “setting up an office in the Kingdom of Saudi Arabia, and appointing a new country head – Ahmad Yaacoub.” Thunes is also “in advanced stages… Read More

 Tagged ahmad yaacoub, Business Expansion, cross-border payments, financial services, fintech adoption, fintech trends, mena, mena region, middle east, new appointments, saudi arabia, thunes

August 12, 2022 @ 8:22 pm By Omar Faridi  |  

Wealthtech Farther announced raising $15 million in a Series A funding round, which was “led by Bessemer Venture Partners and included Khosla Ventures and MassMutual Ventures as new investors.” They join existing investors, Moneta Venture Capital, Context Ventures, and Cota Capital. The investment round “brings… Read More

 Tagged bessemer venture partners, brad genser, charles birnbaum, farther, investment round, khosla ventures, massmutual ventures, taylor matthews, wealth technology, wealthtech

August 12, 2022 @ 4:51 pm By Omar Faridi  |  

Transaction Network Services (TNS) is now connected to Borsa Istanbul (BIST) as a market data vendor. Opening up access to Turkey’s sole exchange with order routing and market data connectivity to the BIST matching engine in Istanbul “allows TNS’ customers to capitalize on trading activities… Read More

 Tagged bist, borsa istanbul, data, istanbul, jeff mezger, market data vendor, tns, transaction network services, turkey

August 12, 2022 @ 3:03 pm By Omar Faridi  |  

Upper90, a provider of hybrid growth capital, has raised $180 million in “a capped initial closing for its third fund.” Commitments came from “a strategic investor base of 300 entrepreneurs to help founders scale with less dilution.” The firm claims it has “pioneered a new… Read More

 Tagged billy libby, hybrid growth capital, investment round, jason finger, martin pustilnick, mundi, startups, upper90

August 12, 2022 @ 3:00 pm By Omar Faridi  |  

Figure Technologies, Inc., a key player in transforming financial services through the power of blockchain tech, announced a collaboration with Visa “to provide issuing processor services via Figure’s blockchain-based Banking in a Box platform.” Visa DPS, used by financial institutions around the globe, will be… Read More

 Tagged banking, digital financial services, distributed ledger technology, dlt, figure, figure technologies, financial services, issuing processor services, todd brockman, tony morosini, visa