February 15, 2024 @ 10:12 pm By Omar Faridi  |  

Bold, a financial technology company enabling access to electronic payments in Colombia, today announced that it has raised $50 million in Series C funding led “by existing investor General Atlantic, a global growth investor, with participation from the International Finance Corporation (IFC), a member of… Read More

 Tagged bold, colombia, funding round, José Vélez, latam, latin america, Luiz Ribeiro

February 15, 2024 @ 10:09 pm By Omar Faridi  |  

Grasshopper, the client-first digital bank built for the business and innovation economy, and Greenlite, the generative AI platform for compliance teams, today announced their partnership to leverage Greenlite’s AI-enhanced due diligence suite to bolster Grasshopper’s risk decisioning proficiency for small and medium-sized business (SMB) and… Read More

 Tagged digital bank, generative ai, grasshopper, greenlite, risk decisioning, sme's

February 15, 2024 @ 12:07 pm By JD Alois  |  

Hindenburg Research, a short seller that pumps its own book after it sells shares, is targeting Banking as a Service (BaaS) provider Temenos (SWX:TEMN). In a report published today, Hindenburg claims that Temenos is manipulating its earnings, hiding accounting irregularities while engaging in “sham partnerships”… Read More

 Tagged banking, hindenburg, hindenburg research, switzerland, temenos

February 15, 2024 @ 10:58 am By Omar Faridi  |  

ClearBank Ltd., the enabler of real-time clearing and embedded banking for financial institutions, announces its partnership with digital investment platform Wealthify, which has enabled the company to launch its first Instant Access Savings Account. The partnership allows Wealthify to “provide this innovative savings account to… Read More

 Tagged andy russell, charles mcmanus, clearbank, embedded finance, savings, wealthify, wealthtech

February 15, 2024 @ 10:56 am By Omar Faridi  |  

Investment platform Lightyear announces the full launch of its web application with new stock screeners, a requested feature by investors on the platform. The screeners – a directory of instruments with metrics and data – is “completely available to the public.” Lightyear customers can now… Read More

 Tagged investing, jani kiilunen, lightyear

February 15, 2024 @ 10:54 am By Omar Faridi  |  

Allica Bank – the fintech challenger bank specifically focused on established businesses with over ten employees – has revealed it has completed more than £2 billion in lending to UK businesses, with 80% of that being to businesses outside of London. Allica bank, which made… Read More

 Tagged allica bank, banking, digital bank, europe, lending, milestone, richard davies, uk, united kingdom

February 15, 2024 @ 9:19 am By JD Alois  |  

Robinhood (NASDAQ: HOOD), an online investment platform that aims to enable a more tech-advanced group of investors, is touting its ability to trade single securities around the clock. Robinhood states that it is the only US brokerage to facilitate trading 24/5 (not quite every day… Read More

 Tagged robinhood

February 15, 2024 @ 8:28 am By Omar Faridi  |  

Nucleus Financial Platforms, which claims to be one of the UK’s largest adviser platform groups with over £80bn of assets under administration from 250,000 customers, announces the acquisition of Third Financial. Third Financial is an investment platform and front-to-back wealth management software provider, “serving discretionary… Read More

 Tagged acquisition, europe, ian partington, nucleus financial, richard rowney, uk, united kingdom

February 14, 2024 @ 6:32 pm By Omar Faridi  |  

On the cusp of Sunday’s “Big Game” and the upcoming college basketball playoff season, players in the gaming industry can now receive their winnings instantly, thanks to a partnership between Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Aeropay, a… Read More

 Tagged aeropay, banking, cross river, cross river bank, digital financial services, gaming

February 14, 2024 @ 6:14 pm By Omar Faridi  |  

Tonik Digital Bank announces its newest strategic collaboration with Southeast Asian payment gateway, Xendit. The partnership marks a significant milestone for both companies, “as they join forces to deliver secure, convenient, and customer-centric financial solutions.” The partnership with Xendit will further “enrich Tonik’s ecosystem by… Read More

 Tagged banking, digital bank, greg krasnov, Philippines, southeast asia, tonik, tonik bank, xendit