November 13, 2024 @ 9:56 am By Omar Faridi  |  

Swedish payments Fintech Klarna revealed recently that it had confidentially filed paperwork with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO). The number of company shares to be offered as well as the price range for the proposed IPO have… Read More

 Tagged bnpl, ipo, klarna, sweden

November 13, 2024 @ 9:54 am By Omar Faridi  |  

AshGrove Capital has closed AshGrove Specialty Lending Fund II at its hard cap of $650 million, which is notably more than double the size of its predecessor fund. The direct lending fund has reportedly secured “a 107% re-up rate” with existing LPs and raised $325… Read More

 Tagged ashgrove capital, preqin

November 12, 2024 @ 10:36 pm By Omar Faridi  |  

KPMG and REC, UK released the latest report on jobs. As noted in the report shared by KPMG, a fall in permanent placements and further slowdown of salary growth in October of 2024. Key findings shared in the research report from KPMG: Steepest decline in… Read More

 Tagged jobs report, Research Report, uk, united kingdom

November 12, 2024 @ 10:33 pm By Omar Faridi  |  

Airwallex joins the Pledge 1% movement to commit company equity and more toward corporate philanthropy through a sustained ongoing model. “Airwallex Impact” will include expansion of company volunteerism, Airwallex for Startups programs and “discounted” product for select nonprofit organizations. Furthering its commitment to innovation, Airwallex… Read More

 Tagged airwallex, digital payments, fintech trends, startups

November 12, 2024 @ 8:23 pm By Omar Faridi  |  

Thunes, which claims to be the Smart Superhighway to move money around the world, today welcomed Papara, Turkey’s fintech company, as a Member of its Direct Global Network, and allies to facilitate cross-border payments to and from Türkiye. This empowers Papara clients in Turkey, allowing… Read More

 Tagged Papara, payments, thunes, transfers, turkey

November 12, 2024 @ 8:20 pm By Omar Faridi  |  

SIX will reportedly be expanding its European Exchange Capabilities through the acquisition of Aquis. The boards of SIX Group AG and Aquis Exchange Plc announced that they have entered an agreement on the terms of a “recommended cash offer” to be made by SIX, to… Read More

 Tagged acquisition, aquis exchange, europe, six, switzerland

November 12, 2024 @ 8:19 pm By Omar Faridi  |  

Alpaca has announced the support of FIX messaging as an option for order placement and lifecycle management. Alpaca has claimed that they found success in integrating FinTech companies with their APIs – offering high throughput, low latency API options with enhanced stability, reliability, and scalability…. Read More

 Tagged alpaca

November 12, 2024 @ 8:17 pm By Omar Faridi  |  

Nubank (NYSE: NU) has reached 100 million customers in Brazil, a number that represents 57% of the adult population in the country. In May of this year, Nu had reportedly reached this milestone internationall. According to Livia Chanes, CEO of Nubank in Brazil, this achievement… Read More

 Tagged banking, brazil, digital bank, latam, nubank

November 12, 2024 @ 6:34 am By Omar Faridi  |  

The Juniper Research team has shared key insights on digital-only banking and other Fintech trends encompassing neobanks and the emergence of Fintech innovations offered via digital banking platforms. The digital banking market is an evolving space, with digital banks racing to get banking licenses, create… Read More

 Tagged banking, digital bank, fintech trends, neobanks, open banking, research

November 12, 2024 @ 6:26 am By Omar Faridi  |  

Payhawk, the spend management solution that empowers businesses to manage and control company spending at scale across 32 countries, has reported 114% YoY consolidated revenue growth for the year ending 2023 including clients such as Gaucho, Myenergi and PensionBee. Following the growth and rising demand,… Read More

 Tagged payhawk, payments, spend management