March 27, 2024 @ 3:42 pm By Omar Faridi  |  

TreviPay, the B2B payments and invoicing network, announces a new self-financing option along with enhanced payment application features to give sellers more control over their trade credit portfolio while leveraging TreviPay’s configurable technology platform. The option to use self-financing (an enterprise uses their capital to… Read More

 Tagged b2b, financial services, payments, trevipay

March 27, 2024 @ 3:38 pm By Omar Faridi  |  

As speculation about rate cuts intensifies, investors are preparing their portfolios, according to an update from eToro. According to data from the Retail Investor Beat from trading and investment platform eToro, 55% of US retail investors are “adjusting their investment portfolio in anticipation of the… Read More

 Tagged etoro, interest rates, investment portfolios, investments

March 27, 2024 @ 11:36 am By JD Alois  |  

Currencycloud says it has signed a global expansion deal with transfer Fintech Paysend. The agreement is said to enable Currencycloud to expand its reach in providing its services. Currencycloud will also be supporting Paysend on the launch of new consumer-facing products during 2024. Paysend is… Read More

 Tagged currencycloud, payments, paysend, ronnie millar, transfers, uk, united kingdom

March 27, 2024 @ 8:36 am By Omar Faridi  |  

Inflation is expected to return to its 2% target in the first half of the year, which should pave the way for interest rate cuts from the summer, according to an update from KPMG UK. Interest rates are forecast to fall by 100 basis points… Read More

 Tagged economy, kpmg, research, uk, united kingdom

March 26, 2024 @ 11:05 pm By Omar Faridi  |  

2023 was a challenging year for the Irish FinTech market, with investments and transactions reaching $60.83 million across 11 deals; this was a significant decrease (94 percent) compared to last year, where investments and transactions totaled over $1 billion across 22 deals, according to the… Read More

 Tagged europe, fintech adoption, ireland, kpmg, research

March 26, 2024 @ 10:55 pm By Omar Faridi  |  

Ahlan App, the Bahraini loyalty programme, reports that it has successfully raised $3 million at a valuation of $15 million in its first investment round, which has been fully subscribed to and led by Hope Ventures. The investment round was said to be “joined by… Read More

 Tagged ahlan app, bahrain, fintech apps, middle east

March 26, 2024 @ 6:34 pm By Omar Faridi  |  

Alibaba’s Ant Group has reportedly committed another SGD 200 million investment into ANEXT Bank, which is its wholly-owned subsidiary and SME digital bank. This, according to media reports from March 25, 2024. As reported by DealStreetAsia, the digital finance and technology firm had previously committed… Read More

 Tagged anext bank, ant group, banking, digital bank, singapore, southeast asia

March 26, 2024 @ 6:32 pm By Omar Faridi  |  

Betterment, the largest independent digital financial advisor, announced that Betterment for Advisors, its RIA custody division, is adding thousands of mutual funds to its custom portfolio construction menu for the first time. This launch coincides with the 100th anniversary of the mutual fund and provides… Read More

 Tagged betterment, digital finance, investments

March 26, 2024 @ 4:19 pm By Omar Faridi  |  

Euroclear and IZNES announce that Euroclear will acquire a stake in IZNES, a pan-European funds marketplace based on blockchain technology. The transaction will be subject “to customary closing conditions and regulatory approvals. Financial terms will not be disclosed.” Established in 2017, IZNES is a regulated… Read More

 Tagged digital transformmation, euroclear, europe

March 26, 2024 @ 3:13 pm By Omar Faridi  |  

Peruvian Fintech company Leasy has reportedly completed a $28 million Series A round in equity and debt. The investment round is said to have been led by Magma Partners with Entangle Group, DeBa Ventures, Noa Capital, and Grupo CAPEM, also making contributions along with various… Read More

 Tagged investment round, leasy, loans, peru