Global

April 29, 2024 @ 5:42 pm By Omar Faridi  |  

Carta has released its latest report, titled, State of Pre-Seed: Q1 2024. Carta notes in the research report that fundraising for pre-seed companies “stayed robust in Q1 2024, dominated by SAFEs and convertible notes; valuation caps remained flat.” While commenting on the actual definition/criteria for… Read More

April 29, 2024 @ 3:38 pm By Omar Faridi  |  

Equifax (NYSE: EFX) Workforce Solutions continues to help businesses transform the employee experience with the launch of Forms HQ, a new offering designed to help automate the delivery, completion, and tracking of essential employee forms, “including those related to onboarding, tax withholding, state requirements, annual notices,… Read More

April 29, 2024 @ 2:45 pm By Omar Faridi  |  

Mid-sized banks have a big opportunity to maximize revenue potential and improve client experiences by transitioning to embedded banking, and to realize the full benefits of this transition, they need to leverage virtual ledgers, a report by tech payments company Finzly and Datos found. The… Read More

April 29, 2024 @ 1:55 pm By JD Alois  |  

TerraPay and VM Money Transfer Services (VMTS) have partnered to offer services in Jamaica. According to a company release, the two firms will enable transfers for individuals looking to move money between Jamaica and much of the rest of the world. This new agreement means… Read More

April 29, 2024 @ 1:46 pm By Omar Faridi  |  

The team at digital asset firm OKX is announcing a strategic investment in CARV, which is described as one of the largest modular data layers for Gaming and AI. OKX noted in a blog post that they’re making their new investment in CARV, the largest… Read More

April 29, 2024 @ 11:06 am By JD Alois  |  

Real estate crowdfunding platform GenoCrowd has launched the fourth projectwith the AS Group of companies. The AS Group is a real estate investor, investment manager, and developer based in Berlin with subsidiaries in Hamburg, Leipzig, Magdeburg, Cologne, and Frankfurt am Main. The company focuses on… Read More

April 29, 2024 @ 10:48 am By Omar Faridi  |  

Visa (NYSE: V), a global digital payments provider, announced it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to build solutions and services for customers. Visa’s presence in the APN will help “enable its partners… Read More

April 29, 2024 @ 10:20 am By JD Alois  |  

Crypto mixer zkSNACKs and Wasabi Wallet service is now blocking US citizens from using its service. Crypto mixers have gained the ire of the US Department of Treasury, which believes that they are frequently used by bad actors to cover their tracks for nefarious activities…. Read More

April 29, 2024 @ 8:48 am By Omar Faridi  |  

As the bull market continues, VC Brian D. Evans shares insights on how projects and founders can best approach and take advantage of the current bull run. He also comments on the difference in approach between a bull market in traditional finance vs. the crypto… Read More

April 29, 2024 @ 7:37 am By Tony Zerucha  |  

This past week, FastSpring, a merchant of record for global SaaS and software companies, and EBANX, a global technology company specializing in payments for rising markets, announced a partnership to enhance users’ payment experience within FastSpring’s product suite in Latin America through local payment method Pix. Pix, Brazil’s instant payment… Read More

April 29, 2024 @ 7:31 am By Omar Faridi  |  

Mollie, which claims to be one of Europe’s fastest growing financial service providers, today published its 2023 financial results. In 2023, Mollie posted “a net revenue of €99 million, a growth of 36 percent compared to 2022.” This is due in part to attracting new… Read More

April 29, 2024 @ 7:29 am By Omar Faridi  |  

Liz Oakes has been appointed and Carolyn Wilkins has been reappointed as external members of the Financial Policy Committee (FPC), the Chancellor of the Exchequer, Jeremy Hunt, has announced. The Chancellor of the Exchequer, Jeremy Hunt, has appointed Liz Oakes as “an external member of… Read More

April 29, 2024 @ 7:12 am By Omar Faridi  |  

Bank of Ireland is investing more than €4 million in a range of financial literacy initiatives as part of its long-running national Financial Wellbeing campaign. Over 2024 and 2025 this investment, with a particular “focus on youth financial literacy, will help equip people with the… Read More

April 28, 2024 @ 11:55 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, announced a partnership with Uber, to offer millions of consumers Klarna’s convenient alternative payment methods across Uber’s ride-sharing and delivery platforms, Uber and Uber Eats. Live in the US, Germany, and Sweden, Klarna‘s Pay Now… Read More

April 28, 2024 @ 11:17 pm By Omar Faridi  |  

Powering embedded banking/BaaS, The Bank of London launches TBOL AI code assistant enabling rapid integration with banking APIs. The Bank of London officially introduces the TBOL Artificial Intelligence code assistant, using generative AI capabilities powering clients and developers “to build at speed, applications, products and services via The Bank… Read More

April 28, 2024 @ 10:25 pm By Omar Faridi  |  

Germany’s automotive marketplace mobile.de has chosen payments Fintech Mangopay to launch a tailored payment solution for its end users. The new collaboration is expected to enable consumers to buy or sell through mobile.de. They will be able to pay or get paid “for their vehicle within… Read More

April 28, 2024 @ 9:20 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) announced the launch of its new Open Banking Marketplace, which is described as being a one-stop platform that enables both existing and prospective clients to discover, identify, and test application programming interfaces (APIs) that best meets their business objectives in a… Read More

April 28, 2024 @ 4:30 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced plans to refocus its digital asset business to leverage its core strengths in derivatives, technology and product innovation while realizing operating efficiencies for both Cboe and its clients. These changes are being… Read More

April 28, 2024 @ 1:37 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a partnership with OakNorth, the digital bank for entrepreneurs, by entrepreneurs, to offer a commercial card for OakNorth’s Business Banking customers. Thanks to the speed, flexibility… Read More

April 28, 2024 @ 1:37 pm By Omar Faridi  |  

Schroders Capital, a global private markets manager, and iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announce a strategic partnership that enables Schroders Capital to broaden access to wealth managers for its semi-liquid global private equity strategy…. Read More