Global

August 29, 2024 @ 8:27 am By JD Alois  |  

Liberis and Sezzle are collaborating on enabling access to financing for smaller firms. Liberis is a an embedded finance that aims to provide “hyper-personalized” access to capital. Sezzle is a BNPL or Buy Now Pay Later provider. Sezzle will now promote he LIberis service to its… Read More

August 28, 2024 @ 9:44 pm By Omar Faridi  |  

OakNorth – the digital bank for entrepreneurs, by entrepreneurs – announces that it has secured authorization from the Federal Reserve and the New York State Department of Financial Services (NYDFS) for a Representative Office in New York. The authorization will enable OakNorth to “proactively market… Read More

August 28, 2024 @ 9:41 pm By Omar Faridi  |  

The team behind Solayer is announcing their $12 million round that has been led by Polychain and Hack VC. The team is pleased to confirm in a blog post that Solayer has successfully “raised $12M in their latest funding round, led by Polychain and Hack… Read More

August 28, 2024 @ 3:13 pm By Omar Faridi  |  

IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application. The IDEX Pay biometric solution includes “the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38… Read More

August 28, 2024 @ 2:54 pm By Omar Faridi  |  

Space and Time Labs are pleased to announce that their team has secured a $20M Series A, bringing their total funding to $50 million. SxT claims that they are empowering the community “to own their future in an AI-powered world by providing the tools they… Read More

August 28, 2024 @ 11:57 am By JD Alois  |  

German Bank Commerzbank has opened a representative office in Lithuania. According to a blog post on Invest Lithuania,  the representative office in Vilnius will serve as the hub for the Baltic States of Estonia, Latvia, and Lithuania. Commerzbank is said to be focusing on trade… Read More

August 28, 2024 @ 10:40 am By Omar Faridi  |  

Dima Kats, Founder & CEO, Clear Junction, recently shared his views and insights with Crowdfund Insider. In April this year it was reported that Fintech funding dipped to a new four-year low, with only $7.3 billion invested in the sector globally during the first three… Read More

August 28, 2024 @ 10:34 am By JD Alois  |  

Konvi, a “luxury assets fractional investment platform,” is now offering fractional investments of real estate in the UAE. According to a note from the firm, Konvi is pursuing a fractionalised investment model, enabling investors to own a piece of property assets for as little as… Read More

August 28, 2024 @ 9:55 am By Omar Faridi  |  

Osprey Funds, LLC, the sponsor of the Osprey Bitcoin Trust, the Bitwise Bitcoin ETF and Bitwise Asset Management jointly announced the entry into an Asset Purchase Agreement pursuant to which BITB will acquire the assets of the Trust. As part of this transaction, OBTC unitholders… Read More

August 28, 2024 @ 7:40 am By Omar Faridi  |  

Bank payment company GoCardless has launched GoCardless for Salesforce on Salesforce AppExchange, an enterprise marketplace for partner apps and experts, empowering customers to access the GoCardless payments platform directly within Salesforce. Customers can tap into GoCardless’ full product suite “including Instant Bank Pay, its open… Read More

August 28, 2024 @ 7:37 am By JD Alois  |  

Is the market softening? LendInvest has reduced mortgage rates again—this time by 15 bps on a two-year fixed-rate product and 10 bps on a five-year loan. LendInvest said they were doing so to ensure they are offering a competitive product. At the same time, the… Read More

August 28, 2024 @ 7:32 am By Omar Faridi  |  

Aquanow, a global crypto infrastructure provider trusted by 300+ clients, is announcing a strategic partnership with Zodia Custody, an institution-first digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank. The partnership will see Zodia Custody “provide its enterprise custody… Read More

August 28, 2024 @ 7:27 am By Omar Faridi  |  

New figures published today from KPMG UK’s mid-year Fraud Barometer show that money laundering has been the most common fraud type by value in the last six months. Nine cases have been heard in UK Crown Courts collectively “worth £128.2 million so far this year.”… Read More

August 28, 2024 @ 6:12 am By Omar Faridi  |  

TIAA, which claims to be the largest U.S. provider of lifetime income, announced a strategic partnership with Accenture (NYSE: ACN) to accelerate the transformation of TIAA’s retirement recordkeeping capabilities and operations. The agreement capitalizes on the strengths of “both organizations to provide next-generation technologies and… Read More

August 28, 2024 @ 4:45 am By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a strategic and exclusive partnership with Workamajig, an agency management software for the creative industry. AvidXchange will be the exclusive, “embedded provider of invoice automation… Read More

August 28, 2024 @ 4:11 am By Omar Faridi  |  

Verge Mobile, a T-Mobile partner, marks five years of partnership with DailyPay – a worktech company and provider of earned wage access. Dedicated to providing its employees with the best workplace experience, Verge Mobile had reportedly “implemented DailyPay’s financial wellness benefit in August 2019.” Operating… Read More

August 27, 2024 @ 10:13 pm By Omar Faridi  |  

Research by global small business platform Xero has uncovered payment convenience is key for Kiwi consumers, but key barriers such as expensive fees are turning off small businesses from embracing new digital methods. Xero’s latest report ‘I want to pay that way’, delves into the… Read More

August 27, 2024 @ 10:12 pm By Omar Faridi  |  

Sumsub’s full-cycle verification platform has obtained certification against the UK DIATF. The Digital Identity and Attributes Trust Framework (DIATF) is a set of standards and rules designed to establish trust in digital identity products in the UK. This framework aims to create “a trusted environment… Read More

August 27, 2024 @ 10:10 pm By Omar Faridi  |  

SIX and Diebold Nixdorf are entering into a cooperation to secure the long-term cash supply in Switzerland through innovative approaches. The digitalization of payments is progressing rapidly, and cash and cash supply “are adapting to market changes.” In Switzerland, cash continues to be highly valued… Read More

August 27, 2024 @ 10:09 pm By Omar Faridi  |  

A total of 7,966 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January-July 2024, which was a decline of 9.9% compared to the 8,840 deals announced during the same period in previous year, according… Read More