Neobank Re:start Enables Donations for Ukraine “with every swipe” by JD Alois

Proptech Stoa Raises $100 Million for Fix & Flip Investors

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

Avelacom Updates Low Latency Network in Middle East, Turkey

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

BT, Barclaycard Payments to Offer Exclusive Benefits for UK Micro-Businesses

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

Digital Transformation: ANZ New Zealand to Transition to FIS Modern Banking Platform

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

Contactless Payments: Visa, Metrolinx Support Tap to Pay to Transit in Toronto

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

Payments Fintech Thunes Enters Saudi Arabia, Appoints Country Head

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

Wealthtech Startup Farther Secures $15M via Series A

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

TNS Introduces Market Data Services for Borsa Istanbul

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

Upper90 Secures $180M for Fund III Launch to Help Startups Access Credit

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

Figure’s “Banking in a Box” Platform to Offer Issuing Processing Services

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

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