March 11, 2024 @ 7:48 pm By Omar Faridi  |  

GetVantage, India’s alternative-financing fintech platform, announced the launch of its Rise-Up Fund, dedicated to supporting women entrepreneurs with inclusive capital. This non-dilutive fund with an initial corpus of $12 million. The fund aims to deploy the capital in “the next 12 months to help over… Read More

 Tagged financing, fintech adopton, getvantage, india

March 11, 2024 @ 6:51 pm By JD Alois  |  

This past week, the Consumer Financial Protection Bureau (CFPB) finalized its rules on credit late fees by reducing the legal lime to $8 from a typical fee of $32. The CFPB said that an average saving per year for consumers would be around $220, as… Read More

 Tagged cfpbs, consumer financial protection bureau, credit cards, michal selbka, rohit chopra, s&p global

March 11, 2024 @ 12:06 pm By Omar Faridi  |  

2024 has ushered in more mainstream attention with the approval of the Bitcoin ETFs, the team at SafePal noted in a recent update. Regardless of market movements, the team at SafePal claims that it continues to focus on building products, developing features, and “improving their… Read More

 Tagged SafePal, switzerland, visa

March 11, 2024 @ 11:23 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced a partnership with The Hertz Corporation to power payments for its Hertz, Dollar, and Thrifty car rental brands. Hertz explains that it will aim to “unify the majority of its in-person and online payment volume onto Stripe… Read More

 Tagged hertz, payments, stripe

March 11, 2024 @ 9:17 am By Omar Faridi  |  

Estancia Capital Partners LP is reportedly acquiring a minority stake in cash deposit platform Flagstone, so that it can provide more firepower to the UK startup’s line of savings products. Flagstone reportedly stated that the £108 million (appr. $139 million) investment from the private equity… Read More

 Tagged flagstone, savings, uk, united kingdom

March 11, 2024 @ 8:45 am By Omar Faridi  |  

Akur8, the insurance pricing solution powered by Transparent AI, announced that Swedbank has selected Akur8’s pricing platform to enhance its insurance pricing process. By leveraging Akur8’s cloud-based, fully integrated platform, Swedbank is poised “to streamline its insurance pricing process, ensuring accuracy, transparency, and an improved… Read More

 Tagged akur8, insurance, swedbank

March 11, 2024 @ 8:09 am By Omar Faridi  |  

Chris Gilderson, Head of Retail and Hospitality at PXP Financial recently shared his views and insights with Crowdfund Insider. The retail payments landscape is dynamic and fast-paced, and innovation is snowballing. From cryptocurrencies to buy now, pay later, disruptive tech is transforming consumer experiences and… Read More

 Tagged chris gilderson, contactless, interview, payments, pxp financial

March 11, 2024 @ 8:00 am By Omar Faridi  |  

Simon Taylor, an experienced Fintech strategist, notes that the latest Fintech results season is witnessing Wise (LSE:WISE) really “hitting its stride.” As HSBC competitor Zing launches, Wise revenue is “up 23% YoY and its above its IPO price.” Simon Taylor has examined why Wise revenuers… Read More

 Tagged europe, fintech adoption, insights, payments, perspective, uk, united kingdom, wise

March 10, 2024 @ 11:53 pm By Omar Faridi  |  

Currencycloud, a Visa solution and the specialists in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) license holder from the Monetary Authority of Singapore (MAS). The license will allow Currencycloud to “provide a full suite… Read More

 Tagged currencycloud, payments, singapore, virtual payments

March 10, 2024 @ 11:44 pm By Omar Faridi  |  

In a move to promote the widespread adoption of Web3, Wert, the payment solution provider facilitating fiat payments in the Web3 space, has broadened its card acceptance capabilities in collaboration with Worldpay, a globally recognized payment processor. This expansion encompasses the “inclusion of JCB, American… Read More

 Tagged digital transactions, payments, Web3, wert