December 13, 2023 @ 4:08 pm By JD Alois  |  

KingsCrowd, a data and analytics provider in the investment crowdfunding sector, has announced the acquisition of Lawcloud. Lawcloud has been a longtime entry in the Legaltech sector of crowdfunding by providing a partially automated service for issuers to file their required documents to the Securities… Read More

 Tagged chris lustro, kingscrowd, lawcloud, raisepapers

December 13, 2023 @ 3:07 pm By JD Alois  |  

Latin American Fintech Bitso says it facilitated USD $8 billion in payments during 2023. Bitso said this represents a 60% increase versus 2020. The company claims that it provides services to more than 1700 companies leveraging blockchain technology to provide global transfers, payouts, and other… Read More

 Tagged bitso, latin america, payments, stellar

December 13, 2023 @ 2:51 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, continues to expand its investment product offerings. Gradually, over the next few weeks, the company’s customers in Brazil will “be able to access and trade Real Estate Credit Bonds (LCI) and… Read More

 Tagged brazil, digital banking, financial services, latam, nubank

December 13, 2023 @ 2:46 pm By Omar Faridi  |  

Citi (NYSE: C) has led a strategic investment round in Supra. Far Out Ventures and H20 Capital also participated in the financing round. Supra is a Colombian fintech that “enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that participate in import… Read More

 Tagged citi, colombia, far out ventures, financial services, financing, funding round, h20 capital, investment round, investments, latam, latin america, South America, supra

December 13, 2023 @ 12:30 pm By JD Alois  |  

Upgrade has announced a new type of card – a “secured credit card,” the Secured OneCard, that aims to support individuals who struggle to get credit or underbanked individuals. In a company statement, Upgrade said the new product will incorporate a savings account that will… Read More

 Tagged digital banking, neobank, renaud laplanche, secured onecard, upgrade

December 13, 2023 @ 10:46 am By JD Alois  |  

SaveLend Group AB has announced the appointment of Jenny Gabrielsson as its new Chief Financial Officer. She will replace Jonas Ahlberg, who will remain with the company, continuing as Deputy CEO. SaveLend offers a savings platform (SaveLend) and the billing platform Billecta. SaveLend offers peer-to-peer… Read More

 Tagged jenny gabrielsson, ludwig pettersson, online lending, p2p, peer to peer, savelend, sweden

December 13, 2023 @ 10:28 am By JD Alois  |  

B2B payments platform Melio has announced real-time payments for their customers. For their business clients, there is an option for payments to be immediate instead of waiting days or the invoice due date. Matan Bar, Melio’s CEO and co-founder, says that consumers have utilized real-time… Read More

 Tagged israel, meilio, payments, rupa krishnan

December 13, 2023 @ 9:41 am By Omar Faridi  |  

Growth of the UK economy in November was reportedly centered on London, according to the latest NatWest Regional PMI survey. Inflationary pressures were also strongest in the capital, “with firms there recording the steepest rises in both input costs and average prices charged for goods… Read More

 Tagged economic growth, europe, financial services, insights, london, research, sebastian burnside, survey, uk, united kingdom

December 13, 2023 @ 6:39 am By Omar Faridi  |  

A research study recently revealed that healthcare workers who leverage the financial wellness benefit of DailyPay offered by their employer, “reduce their credit card debt, pay fewer late fees on bills, use payday loans less often and pay fewer overdraft fees.” The majority of healthcare… Read More

 Tagged dailypay, digital financial services, financial wellbeing, financial wellness, fintech adoption, fintech trends, healthcare, on-demand pay, payments, research, survey

December 12, 2023 @ 11:33 pm By Omar Faridi  |  

The top-5 identity fraud types in 2023 are: AI-powered fraud, money muling networks, fake IDs, account takeovers and forced verification. This, according to an update from Sumsub. Sumsub recently released its third annual Identity Fraud Report of the year. The report provides a comprehensive analysis… Read More

 Tagged fraud, fraudulent activities, insights, pavel goldman-kalaydin, regtech, regulatory technology, Research Report, Research Study, sumsub