Global

August 16, 2023 @ 6:37 pm By JD Alois  |  

As outlined in the Kalifa Review of UK Fintech, the UK Fintech Growth Partners has launched its Growth Stage Fintech Fund. The Kalifa Review declared there was an annual growth stage funding shortfall for UK Fintechs of around £2 billion. A £1 billion fund was… Read More

August 16, 2023 @ 5:21 pm By Omar Faridi  |  

Paymentology, the global issuer-processor, announces an expanded partnership with Mastercard (NYSE: MA) to bolster financial inclusion across Guatemala, Honduras, and El Salvador. According to a recent Mastercard and Americas Market Intelligence (AMI) study, while most Latin Americans gained “access to basic financial products between 2020… Read More

August 16, 2023 @ 4:56 pm By Omar Faridi  |  

Persefoni, a Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, announces a $50 million Series C-1 funding round and the launch of PersefoniGPT, the company’s AI co-pilot product “for carbon accounting and management.” This latest investment round was “led by TPG Rise… Read More

August 16, 2023 @ 11:36 am By Omar Faridi  |  

SumUp has launched in Australia, its 36th market, as the global fintech continues its global expansion and “rolls out its proprietary hardware and software solutions for Australian businesses.” SumUp was founded in 2012 with “the mission of empowering small businesses and entrepreneurs with affordable and… Read More

August 16, 2023 @ 10:15 am By JD Alois  |  

Payments Fintech GoCardless has partnered with Kolleno, a B2B accounts receivable management and cash collection platform designed to help businesses accelerate cash flow. GoCardless says the integration will help Kolleno customers be proactively accepting payments instead of waiting for payments to arrive. Kolleno will also… Read More

August 16, 2023 @ 8:39 am By Omar Faridi  |  

Eleving Group has announced unaudited results for the first half of 2023. The company has provided the following operational and financial information: Eleving Group reveals that it “recorded €90.6M in revenues in Q2 2023. Lease and subscription-based products contributed to €25.2M of the revenue, up… Read More

August 16, 2023 @ 8:34 am By Omar Faridi  |  

Tietoevry is pleased to announce its collaboration with The Savings Banks Group Finland in order “to renew its lending platform, where Tietoevry’s Lending Suite, the leading credit solution in the Nordic markets, will serve as the foundation.” This strategic partnership is part of “a broader… Read More

August 16, 2023 @ 8:30 am By Omar Faridi  |  

  We recently caught up with the former CEO of Midas Finance, who built a $300 million crypto-fund that has gone bankrupt with the CeFi market collapse and who claims he has taken all his lessons with him to revive growth back into DeFi with… Read More

August 16, 2023 @ 8:22 am By Omar Faridi  |  

BitGo recently revealed that it has raised additional funding at a $1.75 billion valuation. The crypto firm has acquired $100 million from new investors, while remaining focused on adhering to applicable guidelines and regulations. In a tumultuous year for US-based crypto firms, a select few… Read More

August 15, 2023 @ 11:35 pm By Omar Faridi  |  

Debitum notes that July is one of the quietest months in the investment world, however, the firm has been “very active” during this time. During July, Debitum reveals that they have: added new ABS assets from Sandbox Funding to the platform, offered to invest on… Read More

August 15, 2023 @ 10:51 pm By Omar Faridi  |  

From today, TSB is taking applications for fintechs to participate in its third annual TSB Innovation Labs Program – “as the bank and Fintech Scotland encourage a new round of fintech collaboration.” Under the program, winning Fintechs will officially partner “with TSB to offer innovative… Read More

August 15, 2023 @ 8:48 pm By Omar Faridi  |  

In the countdown to the opening of the Asian Games, Ant Group is expanding multiple cross-border digital payment options for international travelers as the Official Prestige Partner of Asia’s largest sports event in 2023. As a native of Hangzhou, the host city of the Games… Read More

August 15, 2023 @ 8:40 pm By Omar Faridi  |  

By the end of 2022, the value of net assets per average resident of Europe reached €50,000, according to an update from Robocash. According to a report from Robocash, the largest share is occupied “by conservative instruments with noticeably growing alternative sources of financing.” Analysts… Read More

August 15, 2023 @ 5:56 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has announced its official entry into the Canadian market, “backed by the integration of Interac payment rails, with banking and payment partners, enabling seamless fund transfers, and the introduction of Coinbase One – a 30-day trial offering zero trading fees, enhanced staking rewards,… Read More

August 15, 2023 @ 12:42 pm By Omar Faridi  |  

ThriveDX, which claims to be the global leader in cybersecurity and digital skills training, continues its mission to reskill and upskill the global cybersecurity workforce with the launch of a Cybersecurity Apprenticeship Program that will create job opportunities for diverse cyber talent at no-training cost…. Read More

August 15, 2023 @ 11:59 am By Omar Faridi  |  

From paper to plastic to click – the payments game has evolved substantially as consumer demand for convenience “continues to influence innovation,” according to an update from Banxa. Apple Pay has become “an increasingly popular method to purchase crypto, though many onramps that offer it… Read More

August 15, 2023 @ 9:31 am By JD Alois  |  

Global credit card management firm Marqeta (NASDAQ: MQ) has revealed its “Docs AI,” described as an AI-powered external-facing question and answer tool, which seeks to reduce the amount of time spent on coding and testing tasks by up to 75%. Marqeta Docs AI is a… Read More

August 15, 2023 @ 9:22 am By JD Alois  |  

EstateGuru, an online marketplace for property-backed loans, has partnered with Moody’s to rate the securities offerings listed on the crowdfunding platform. Mihkel Stamm, CEO of Estateguru, said it is very important that investors on crowdfunded offerings have access to the best possible information. He shared… Read More

August 15, 2023 @ 8:50 am By Omar Faridi  |  

FOLK2FOLK, which claims to be the UK’s leading peer-to-peer lending platform connecting Investors with regional and rural businesses, is pleased to announce that its dedicated community of Investors “earned £14.2 million in interest during the last tax year (2022/2023).” According to the firm, this achievement… Read More

August 15, 2023 @ 8:45 am By Omar Faridi  |  

Students off to university for the first time this year could be “the first crop of graduates who face repaying their university debts into retirement,” according to PensionBee, an online pension provider. As noted in a blog post by PensionBee, this year’s Freshers will be… Read More