General News

August 23, 2022 @ 8:17 pm By Omar Faridi  |  

The New Zealand payment card market is expected to “gradually recover” from the COVID-19 pandemic to register a compound annual growth rate (CAGR) of 5.0% “between 2022 and 2026 and reach NZ$98.0 billion ($67.1 billion) in 2026,” forecasts GlobalData, a data and analytics company. According… Read More

August 23, 2022 @ 8:17 am By Omar Faridi  |  

Truist Financial Corporation (NYSE: TFC) announced that it has acquired key strategic assets from Zaloni, a key player in data technology solution delivery. Through this agreement, Truist will “acquire the Zaloni Arena platform to accelerate its data governance, metadata management, advanced analytics, and artificial intelligence… Read More

August 23, 2022 @ 6:34 am By Omar Faridi  |  

Diebold Nixdorf (NYSE: DBD), a key player in automating, digitizing and transforming the way people bank and shop, announced that Joe Myers has joined the company ‘as executive vice president, Global Banking.” Myers will report directly to Chief Executive Officer Octavio Marquez and will “lead… Read More

August 22, 2022 @ 9:57 pm By Omar Faridi  |  

Neobank Chime is pleased to announce the promotion of several of its executive leadership team members “in the areas of people, customer experience, and technology.” The following leaders will now be officers of the company. Their promotions “are evidence of their contributions and impactful work… Read More

August 22, 2022 @ 9:12 pm By Omar Faridi  |  

Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises, recently announced the addition of Julia Cederroth as senior director of reinsurance. This new position “empowers policyholders by helping to build cyber resiliency and close insurability gaps as part of Cowbell’s reinsurance solutions.”… Read More

August 22, 2022 @ 2:18 pm By Omar Faridi  |  

Web3 venture studio SuperLayer is announcing a $25 million fund “led by anchor investor and strategic partner Polygon, an Ethereum scaling platform onboarding millions to Web3.” SuperLayer is “a Web3 venture studio founded by early pioneers in blockchain, gaming, and social tokens who are applying… Read More

August 22, 2022 @ 6:17 am By Omar Faridi  |  

‍The National Football League (NFL), the NFL Players Association (NFLPA), and Dapper Labs Inc. recently announced that NFL ALL DAY – the “exclusive” digital video highlight NFT platform – “is officially open and available to fans worldwide, just ahead of the 2022 NFL season.” Joe… Read More

August 21, 2022 @ 11:37 pm By JD Alois  |  

QED Investors, one of the most prolific and successful Fintech VCs, distributed an email last week commenting on the Fintech marketplace. QED said that “while the past several years have been a whirlwind for Fintech, we are in chapter 2, not chapter 8. We are… Read More

August 21, 2022 @ 8:52 pm By JD Alois  |  

Surge a “rapid scale up program” for Southeast  Asia, has announced its 7th cohort including 15 startups. Surge is operated by Sequoia Capital India and Sequoia Capital Southeast Asia. The accelerator actively partners with founders from a wide range of companies, across categories, including BYJUs,… Read More

August 21, 2022 @ 4:42 pm By Omar Faridi  |  

Owlin, the AI-based news analytics platform, and ApeVue, which claims to be the global leader in market-based pricing data for private stocks, announced they will offer select insights “across both of their data platforms to better service private capital markets customers.” ApeVue’s mission is “to… Read More

August 21, 2022 @ 4:07 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud “for customers served under the BOQ and Virgin Money brands.” Work has commenced on “the migration of BOQ’s ME brand to Temenos Banking Cloud.” Using… Read More

August 19, 2022 @ 4:57 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC), is telling the Commission to help SPACs [Special Purposed Acquisition Companies] work – not shut them down by over-regulating. Posted last month, in a letter to Chairman Gary Gensler, the SBCFAC stated:… Read More

August 19, 2022 @ 4:14 pm By JD Alois  |  

Gravity Payments CEO has posted his resignation notice on Twitter. Dan Price, the founder of the company, said that Tammi Kroll, currently the company’s Chief Operating Officer, will be taking over to lead the firm. In the Tweet, Price said that his number one priority… Read More

August 17, 2022 @ 2:17 pm By Omar Faridi  |  

SigFig, a key player focused on enterprise financial technology that develops next-generation products for banks and wealth management firms, announced the appointment of Amanda LaFerriere, a “results-driven” product executive, as Chief Product Officer and Clifford Schoeman, a strategic executive “with extensive knowledge of wealth management,… Read More

August 17, 2022 @ 9:07 am By Omar Faridi  |  

The Tikkie app, launched in 2016 to make payments easier, recently added a new functionality. ‘Groepie’ is a smart feature that “allows multiple users to track and settle costs incurred as a group, greatly simplifying group payments made through Tikkie.” The new feature “is quick… Read More

August 16, 2022 @ 3:13 pm By Omar Faridi  |  

The early stages of the COVID-19 pandemic were a “hive of activity” for small businesses, with a striking 53% jump in applications to start new companies, according to an update from Fundbox. Now macro economic factors, from inflation to staffing shortages, “are posing significant challenges… Read More

August 15, 2022 @ 9:41 pm By Omar Faridi  |  

The Age of “Spendlightenment” has dawned, the team at Airbase notes in a blog post. The innovation of spend management has “the power to elevate the work of finance professionals to a higher state of being, one characterized by unprecedented vision, power, and flow.” When… Read More

August 15, 2022 @ 3:04 pm By JD Alois  |  

  Dealmaker, a tech firm that aims to help companies raise more money faster, says it has been involved with 8 out of the 10 top online investment offerings to date. This is inclusive of all exemptions (Reg CF, Reg A+, and Reg D 5o6c)…. Read More

August 15, 2022 @ 8:27 am By Omar Faridi  |  

Andrejus Trofimovas, the CEO of Aventus Group, became a shareholder of PeerBerry. Andrejus Trofimovas acquired “a 50% stake in PeerBerry from former shareholder Igoris Trofimovas, who has been a shareholder of PeerBerry since May 2021.” Andrejus Trofimovas, CEO of Aventus Group, said: “My decision to… Read More

August 14, 2022 @ 9:27 pm By Omar Faridi  |  

AstroPay, the payment solution of “choice” for users globally, has appointed Sofía Lanza as Chief Banking Officer, as the company “moves forward with its expansion plans into new markets and verticals.” Sofía, who previously served as Chief Corporate Development at AstroPay, will be “responsible for… Read More