April 11, 2024 @ 2:19 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, introduced the Airwallex Borderless Visa Card in Canada. The virtual card is issued by Peoples Trust Company, “part of Peoples Group, and enables Canadian businesses to easily make payments around the world, everywhere Visa is… Read More

 Tagged airwallex, canada, payments, visa

April 11, 2024 @ 1:51 pm By Omar Faridi  |  

EQT is pleased to announce that EQT Mid Market Europe, together with its co-shareholders, has agreed to sell Rimes to the Five Arrows Long Term Fund and Five Arrows Principal Investments. Five Arrows is the alternative assets arm of Rothschild & Co. Founded in 1996,… Read More

 Tagged acquisition, eqt, five arrows, rimes

April 11, 2024 @ 10:51 am By JD Alois  |  

The most respected bank executive in the world, Jamie Dimon, CEO of JP Morgan Chase (NYSE:JPM), posted his annual shareholders letter today. The letter covered a wide range of topics, including politics and policy. Dimon’s opinion is widely followed in the financial services world, as… Read More

 Tagged jamie dimon, jp morgan, perspective

April 11, 2024 @ 9:19 am By JD Alois  |  

Mimo, a UK-based platform that supports global payments, cash flow, and financial management for SMEs and finance professionals, has raised £15.5 million in funding. Northzone led the funding round. Other investors include Cocoa Ventures, Seedcamp, and Upfin VC, with an asset-backed facility arranged by Fost…. Read More

 Tagged Mimo, money management, payments, uk, united kingdom

April 11, 2024 @ 8:38 am By Omar Faridi  |  

Nick Maynard, VP of Fintech Market Research at Juniper Research, notes that cryptocurrency and payments platform Ripple has announced that it is launching its own US Dollar-backed stablecoin later this year. This move, which is subject to customary regulatory approvals, “represents the latest in a… Read More

 Tagged insights, research, ripple, stablecoins

April 11, 2024 @ 8:31 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform for businesses, has published new research revealing the billions the global retail sector loses to fraudulent activity annually. Working alongside the Centre for Economic Business and Research (Cebr), Adyen found that the retail sector “lost $429 billion to… Read More

 Tagged adyen, fraud, research

April 11, 2024 @ 8:28 am By Omar Faridi  |  

Bank payment company GoCardless has announced the renewal and expansion of its strategic partnership with Sage, the global enabler of accounting, financial, HR, and payroll technology for small and mid-sized businesses. The latest agreement, which “builds on a successful six-year collaboration, will open up new… Read More

 Tagged fintech trends, gocardless, payments, sage

April 10, 2024 @ 9:44 pm By Omar Faridi  |  

Inside Addepar, a quarterly update of Addepar platform developments, research insights and client, partner and company announcements has been released. Addepar says that it just “completed a strong first quarter, building on their momentum from 2023 and setting the stage for an even stronger 2024.”… Read More

 Tagged addepar, digital financial services, wealthtech

April 10, 2024 @ 9:41 pm By Omar Faridi  |  

TransferGo, which aims to provide hard-working migrants with simpler, better financial services — making their money go further, is reporting that it has acquired $10 million in growth funding. TransferGo confirmed recently that they’ve secured $10 million in growth funding from Taiwan-based investor Taiwania Capital. This… Read More

 Tagged funding round, transfergo

April 10, 2024 @ 1:54 pm By Omar Faridi  |  

Nubank Ultravioleta, the seamless experience provider for high-income Nubank (NYSE: NU) customers, announces its entry into the travel segment with the pre-launch of its Global Account, in partnership with Wise Platform, which is Wise’s (LSE:WISE) global infrastructure solution for banks and large companies. Starting now,… Read More

 Tagged banking, digital bank, nubank, wise