Indian Fintech PhonePe Introduces Stock Broking Platform

PhonePe announced its foray into stock broking with Share(dot)Market, under its subsidiary PhonePe Wealth Broking Pvt. Ltd. Share(dot)Market elevates discount broking by “providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and great customer experience for investors and traders alike.” Share(dot)Market is available as… Read More

Money Management: Fintech Magnifi Announces New Initiative Supported by Financial Professional Nicole Lapin

Money News Network and Magnifi announced a “first-of-its-kind” podcast, “Money Assistant,” hosted by financial expert Nicole Lapin and the voice of Magnifi’s AI-powered investing assistant. This collaboration promises to improve “the way listeners engage with personal finance, offering a fresh blend of human expertise and… Read More

Hong Kong’s ZA Bank Becomes HashKey Exchange’s Settlement Bank to Provide Fiat Deposit, Withdrawal Services

ZA Bank has reportedly become the first settlement bank for HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange, as it starts “offering fiat-currency deposit and withdrawal services to investors who hold a ZA Bank account.” As part of its “Banking for Web3” ambition,… Read More

70% of Asia-Pacific Banks’ In-House Digital Transformation Projects Fail – Backbase

About 70% of digital transformation projects carried out by mid- to large-sized banks in the Asia-Pacific region have failed due to costly and lengthy in-house efforts, according to a report released by engagement banking fintech firm Backbase. The APAC-focused IDC InfoBrief, dubbed “Accelerating Customer-Centric Transformation… Read More

Fintech Billtrust Releases E-Invoicing Interoperability, Compliance Report

Billtrust, a B2B order-to-cash software and digital payments service provider, released its first annual E-Invoicing Interoperability and Compliance Report, “offering a view into the ever-changing global electronic-invoicing requirement landscape, featuring dynamic regulatory and technological developments.” In addition to an extensive compilation of current B2B and… Read More

Rho Completes Transaction to Acquire Capital, the Fundraising and Banking Platform

Rho has announced that they have completed the transaction to have Capital join its operations. Terms of the deal were not revealed. Capital’s founders and key team members will “leverage their expertise in startups and founder engagement to reinforce Rho’s support for tech startups.” With… Read More

Airwallex, Public to Lower FX Costs for UK Investors Acquiring US-based Equities

Airwallex, a global payments and financial platform for modern businesses, today announced its partnership with Public, a U.S.-based multi-asset investing platform, to minimise conversion costs for UK investors when purchasing U.S.-based equities on the Public app. The news comes on the heels of Public’s entry… Read More

UK Fintech Atlantic Money Introduces Fixed Fee Global Transfers for Businesses

The provider of “fixed fee” international transfers, Atlantic Money, is now offering its service to businesses for the first time – shortly after its inaugural year of operation. Starting today, companies in 29 countries can “send up to one million pounds abroad at the current… Read More

Nexo Supports Digital Asset Transactions via Dual Mode Capability, Featuring Debit, Credit Transfers

Nexo, the institution for digital assets, is redefining daily crypto transactions by unveiling the world’s first Dual Mode capability featuring both debit and credit. This strategic enhancement will further enrich the capabilities and user experience of the pioneering Nexo Card, released in 2022 in partnership… Read More

Technology-driven credit specialist LC Financial Acquires BCM Global

LC Financial Holdings (LCFH), a technology-driven credit specialist, has completed its acquisition of BCM Global (BCM), solidifying its position in managing consumer and SME loans, leases, and mortgages across Europe. Established in 1998, LC Financial Holdings includes LCM Partners, an alternative credit investment manager in… Read More

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