January 31, 2024 @ 10:58 am By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, announces its newest product developed by Nu Asset: Nu Selic Simples. With a majority allocation in post-fixed public bonds from the National Treasury (LFTs – Financial Letters of the Treasury),… Read More

 Tagged andrés kikuchi, bank, brazil, digital bank, digital financial services, latam, nubank

January 31, 2024 @ 8:53 am By Omar Faridi  |  

Tandem, a UK digital bank, has announced the appointment of Maria Khan, as Director of Product and Digital, and Chris Parker, as Head of Marketing. As Director of Product and Digital, Maria leads “the development of Tandem’s exciting digital offering, working with the team to… Read More

 Tagged alex mollart, banking, chris parker, digital bank, europe, maria khan, tandem, tandem bank, uk, united kingdom

January 31, 2024 @ 8:50 am By Omar Faridi  |  

Kriya, a B2B payments Fintech, has announced that it has secured a new £50 million debt facility from debt partner Viola Credit. This will allow the fintech “to power over £1 billion of B2B Payments over the next 24 months.” With this facility, Kriya intends… Read More

 Tagged anil stocker, b2b, europe, fintech adoption, ido vigdor, kriya, payments, uk, united kingdom, viola credit

January 31, 2024 @ 8:36 am By JD Alois  |  

Apple (NASDAQ:AAPL) has revealed that the number of Apple Card holders now numbers over 12 million since its launch in 2019. Apple partners with Goldman Sachs (NYSE:GS) to provide the Fintech services. At the same time, in the past several days, Apple moved its Apple… Read More

 Tagged apple, apple card, banking, bill johnson, goldman, goldman sachs, jennifer bailey

January 31, 2024 @ 7:37 am By Omar Faridi  |  

Nuant are pleased to announce their strategic partnership with Aisot Technologies, an AI-powered portfolio optimization specialist. This collaboration marks a significant advancement “in sophisticated financial tools, elevating risk assessment and strategy performance for institutional investors.” On one side, Nuant says they “elevate digital asset management… Read More

 Tagged aisot, aisot technologies, nuant, rachid ajaja, stefan klauser

January 30, 2024 @ 10:18 pm By Omar Faridi  |  

Kueski, the buy now, pay later (BNPL) provider in Latin America, has taken a major step forward in expanding financial access for everyday Mexicans and will now be available as a payment option on Amazon.com.mx. As a result, shopping will be more convenient and customers… Read More

 Tagged amazon, Andrew Seiz, bnpl, buy now pay later, financial access, karen pepper, kueski, latam, latin america, mexico

January 30, 2024 @ 10:17 pm By Omar Faridi  |  

As part of its ongoing commitment to help community banks and credit unions harness the power of their data, KlariVis, a key player focused on optimizing banking data analytics,  announced a new product and several features. KlariVis continues to set the standard “for enterprise business… Read More

 Tagged analytics, credit unions, data, kim snyder, klarivis

January 30, 2024 @ 10:14 pm By Omar Faridi  |  

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced an investment from PayPal Ventures. This investment helps to reinforce Mesh’s position as a key player “in embedded finance and highlights PayPal’s commitment to fostering innovation in the… Read More

 Tagged amman bhasin, bam azizi, digital assets, embedded finance, funding, mesh, paypal, PayPal Ventures

January 30, 2024 @ 10:09 pm By Omar Faridi  |  

Phoenix Merchant Partners, LP, an independent investment firm focused on providing broad financing solutions to the middle-market universe of companies, announced the closing of its first transaction, an innovative financing to Gryphon Holdings, a company involved in quota share non-catastrophic property and casualty reinsurance services…. Read More

 Tagged casualty reinsurance, financing, financing solutions, gryphon holdings, innovation, investments, middle-market firms, non-catastrophic property reinsurance, phoenix, phoenix merchant partners

January 30, 2024 @ 5:25 pm By JD Alois  |  

LendingClub (NYSE:LC) reported Q4 earnings today generating a net income of  $10.2 million and a diluted EPS of $0.09. A year prior in the same quarter, LendingClub generated a net income of  $38.9 million and a diluted EPS of $0.36. Scott Sanborn, CEO of LendingClub,… Read More

 Tagged banking, digital bank, lendingclub, scott sanborn