September 7, 2023 @ 10:19 pm By Omar Faridi  |  

Nu Mexico announces the launch of its new product: personal loans. Like all Nu products, the launch will follow “a phased rollout process, starting in the coming days with a group of employees who will begin testing the product, to then expand the offering to… Read More

 Tagged financial services, fintech adoption, fintech trends, iván canales, latam, latin america, lending, loans, mexico, nu, nu mexico, nubank, personal loans

September 7, 2023 @ 10:18 pm By Omar Faridi  |  

Commonwealth Bank of Australia (CBA) announced its venture-scaling arm, x15ventures, has entered an agreement “to acquire cloud-based invoice lending platform Waddle, accelerating the bank’s ambition to provide leading working capital solutions for Australian businesses.” CBA has an existing partnership with Waddle “through its Stream Working… Read More

 Tagged acquisition, australia, banking, CBA, cloud, commonwealth bank of australia, fintech adoption, fintech trends, invoice lending, venture scaling, working capital, x15ventures

September 7, 2023 @ 10:16 pm By Omar Faridi  |  

The Fundrise Innovation Fund has invested $2 million into Jetty, a financial services platform for the rental real estate industry. Rental housing represents roughly 12% of US GDP, “making it the largest addressable market by several measures.” Yet, it has historically “been overlooked in spite… Read More

 Tagged financial services, fundrise, fundrise innovation fund, innovation, investing, investments, jetty, property technology, proptech, real estate, rental industry, rental properties, united states, us

September 7, 2023 @ 8:30 pm By Omar Faridi  |  

evolutionQ, a quantum-cybersecurity company, is pleased to announce a contract to contribute to a Bank of Canada research project involving quantum-safe cybersecurity technologies for greenfield digital currencies. This work highlights the commitment of evolutionQ “to understanding the risk posed by quantum computers to emerging financial… Read More

 Tagged bank of canada, canada, cybersecurity, digital currencies, quantum, quantum technology, research, virtual currency

September 7, 2023 @ 3:11 pm By Omar Faridi  |  

In the inaugural Small Business Financial Confidence Report, it was revealed that 54% of small business owners surveyed stated they “felt very confident in their ability to make sound growth decisions.” The latest data polled and shared by American Express (NYSE: AXP) two months later… Read More

 Tagged american express, decision-making, research, small businesses, smbs, sme's, survey, united states, us

September 7, 2023 @ 11:45 am By Omar Faridi  |  

Matera, maker of instant payments, QR code and digital ledger technology, announced the launch of Digital Twin. Digital Twin is described as a “one-of-a-kind cloud-native software that sits on top of a financial institution’s core banking platform to enable real-time transaction authorizations and balance updates… Read More

 Tagged carlos netto, digital ledger technology, digital technology, digital transformation, digital twin, digitalization, instant payments, matera, qr code technology

September 7, 2023 @ 11:44 am By Omar Faridi  |  

Momnt, a Fintech company specializing in real-time lending and payment solutions for businesses, is announcing the closing of its latest capital raise, “totaling $15 million.” TruStage Ventures led the investment round “with participation from Saluda Grade Ventures, existing investors, and a new investment from a… Read More

 Tagged atlanta, barclay keith, fintech adoption, fintech trends, investment round, lending, payment solutions, Portfolio Management, said:, sam das, united states, us

September 7, 2023 @ 11:42 am By Omar Faridi  |  

As part of its ongoing initiatives aimed to positively impact the environment at a global level, branded payments provider Blackhawk Network (BHN) says that it is working alongside Visa (NYSE: V) in order to transition its network branded prepaid products “distributed by third party retail… Read More

 Tagged bhn, blackhawk, blackhawk network, digital financial services, eco-friendly, environmental impact, financial services, payments, sustainability, talbott roche, visa

September 7, 2023 @ 11:40 am By Omar Faridi  |  

Provenir, which claims to be a global leader in AI-powered risk decisioning software, announced the appointment of Andres Elizondo as its new Chief Financial Officer. Elizondo brings a wealth of experience which “combines both finance and strategy, with a focus on driving and delivering long-term… Read More

 Tagged ai, artificial intelligence, larry smith, new appointments, provenir, risk decisioning software

September 7, 2023 @ 11:32 am By JD Alois  |  

Mangopay, a payments Fintech that holds a significant market share in the marketplace (crowdfunding) sector, has announced a partnership with Kriya, a B2B payments and credit provider. Mangopay believes that by working with Kriya it can boost its relevance by providing credit at the point… Read More

 Tagged anil stocker, bnpl, kriya, luke trayfoot, mangopay, uk, united kingdom