Global

April 13, 2023 @ 10:17 pm By Omar Faridi  |  

Singapore businesses have a “cautious” economic outlook, as new data from global fintech Airwallex reveals 7 in 10 small and medium-sized enterprises (SMEs) here are “bracing for a potential recession within the next two years.” The independent research “considered the challenges SMEs in Singapore would… Read More

April 13, 2023 @ 10:16 pm By Omar Faridi  |  

Nium, the global payments infrastructure for the on-demand economy, announced the appointment of Anupam Pahuja to EVP and General Manager of Asia Pacific, MENA. Pahuja will “build on Nium’s success in Southeast Asia, where the fintech unicorn was founded, and will quickly expand Nium’s presence… Read More

April 13, 2023 @ 7:20 pm By Omar Faridi  |  

SMBs based in Latin America have received another boost in lending services with the recent $4 million investment in Kala, a Colombia-headquartered firm creating Fintech infrastructure for enabling more efficient lending. The firm, which has been co-founded by Manuel Alemán, Rodolfo Lazo and Pablo Cattólica… Read More

April 13, 2023 @ 7:14 pm By Omar Faridi  |  

Veriff, a global identity verification provider, announced its new Know Your Customer (KYC) Education Center. Offering a comprehensive library of KYC articles and guides, the hub “acts as an essential resource for businesses looking to remain compliant with quickly evolving Anti-Money Laundering (AML) and Counter-Terrorist… Read More

April 13, 2023 @ 4:01 pm By Omar Faridi  |  

Visa (NYSE: V) announced it is partnering with PayPal and Venmo in order to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the… Read More

April 13, 2023 @ 1:57 pm By JD Alois  |  

Yesterday, it was reported that the US market experienced a 25% quarterly decline in Fintech funding during Q1 2023 in comparison to Q1 2022. Today a similar report provided by Tracxn, indicates that the UK saw a whopping 89% decline during Q1 2023 in Fintech… Read More

April 13, 2023 @ 12:32 pm By Omar Faridi  |  

The Bitcoin (BTC) price has increased substantially during the first three months of this year. The flagship cryptocurrency is trading at around $30,000 at the time of writing. Although most industry participants are not sure whether we’re entering a bull market, it is clear that… Read More

April 13, 2023 @ 11:51 am By JD Alois  |  

Twitter and eToro have partnered up on financial content. eToro is an investing platform that operates in various markets around the world, providing access to both traditional and alternative access. Twitter is, well, Twitter – the social media best known for its immediacy of information… Read More

April 13, 2023 @ 10:44 am By JD Alois  |  

In the UK, early-stage private firms are supported with innovative tax exemptions designed to make investing in risky ventures more appealing. As everyone knows, a robust entrepreneurial and startup ecosystem is crucial for a growing economy. UK policymakers have made investing in private firms more… Read More

April 13, 2023 @ 8:46 am By Omar Faridi  |  

Jeremy Fox-Geen. Chief Financial Officer at Fintech firm Circle and Kash Razzaghi, the firm’s Chief Business Officer, have noted that digital currencies and the blockchains on which they travel can offer considerable utility “as a new, unified infrastructure for payments, commerce and capital markets built… Read More

April 13, 2023 @ 7:40 am By Omar Faridi  |  

October explains that embedded lending is a relatively new concept in the financial technology (fintech) sector that has been “disrupting” the industry in recent times. Ravis de vous partager aujourd’hui quelques unes de nos références partenaires utilisant déjà notre offre embedded ! Ce qui leur… Read More

April 12, 2023 @ 10:38 pm By Omar Faridi  |  

Paymerang, LLC, an innovator in accounts payable automation, announced the asset acquisition of KwikTag, an invoice automation provider for Microsoft Dynamics ERP systems, and the share acquisition of Sypht, an Australia-based AI data platform. The acquisition was completed on April 3, 2023. This is the… Read More

April 12, 2023 @ 10:34 pm By Omar Faridi  |  

Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology data and services, announced today the expansion of its services capabilities and offerings in the Asia-Pacific (APAC) region. Linedata has extended its APAC offerings “to include new industry segments namely private equity,… Read More

April 12, 2023 @ 6:16 pm By Omar Faridi  |  

BitMEX, which claims to be one of the world’s most trusted crypto trading platforms for professional and institutional traders, has joined the Travel Rule Universal Solution Technology (TRUST), which is described as an industry-driven Travel Rule compliance solution for global virtual asset service providers (VASPs)…. Read More

April 12, 2023 @ 3:12 pm By Omar Faridi  |  

Digital River, which claims to be an experienced global commerce enabler for established and fast-growing brands, announced it is now offering Afterpay and Clearpay to address growing consumer interest in buy-now-pay-later (BNPL) options. The new offerings “represent an expansion of Digital River’s already robust portfolio… Read More

April 12, 2023 @ 3:09 pm By JD Alois  |  

Wise, a Fintech best known for global transfers and payments, is being enlisted by Bluevine to provide international payments within 26 different countries. Bluevine is a neobank, partnering with chartered banks, that works with SMEs to enable business checking, bill pay, and lines of credit…. Read More

April 12, 2023 @ 8:08 am By Omar Faridi  |  

Built Technologies, which claims to be one of the fastest-growing construction and real estate fintech software providers in the U.S., announced the launch of a new business unit focused on commercial property developers. This expansion will “enable the development of new, purpose-built solutions designed to… Read More

April 12, 2023 @ 8:05 am By Omar Faridi  |  

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly FinTech US Report – 2023. The report, based on Tracxn’s extensive database, “provides insights into the US FinTech space.” The US is “home to more than 30,000 FinTech startups, making it the largest… Read More

April 11, 2023 @ 11:35 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, released its annual letter from Cofounders John and Patrick Collison. The letter “takes stock of Stripe’s business, reflects on the past year, and shares the Collisons’ views on the trends shaping the online economy.” Collectively, businesses built on… Read More

April 11, 2023 @ 10:15 pm By Omar Faridi  |  

FYST, a “one-stop” payments consultancy for ecommerce businesses, has released the first part of a new three-part report, ‘The Map of World Payments’, that drills deep into ecommerce payment trends, with this instalment focusing on the MENA region, and shows how merchants serving these regions… Read More