November 3, 2022 @ 11:04 am By JD Alois  |  

Robinhood (NASDAQ:HOOD) announced earnings yesterday that delivered a slightly better result than anticipated. Today, shares in Robinhood are inching higher – fighting a down market day – but minor gains belie a company that has lost around 2/3s of its value since its initial public… Read More

November 3, 2022 @ 10:02 am By Omar Faridi  |  

TouchBistro, a restaurant management platform transforming the restaurant category, announced the completion of CAD$150 million in growth financing from Francisco Partners, a  global investment firm that specializes in partnering with technology businesses. The funds will be used by TouchBistro “to accelerate the company’s growth initiatives,… Read More

November 3, 2022 @ 9:58 am By Omar Faridi  |  

Decentralized Autonomous Organization (DAO) Game7 and MetaMask announce HyperPlay, which is described as “an open-source desktop application where interoperability is the default for Web3 games.” HyperPlay claims it is “the world’s first Web3-native game launcher, built to make the user experience free of friction for… Read More

November 3, 2022 @ 9:51 am By JD Alois  |  

Partior has raised a Series A led by Standard Chartered with the support of existing investors JP Morgan, DBS, and Temasek – the Singapore government’s investment fund. The note from Partior did not include details on the funding round. Partior is a platform that strives… Read More

November 3, 2022 @ 9:32 am By Omar Faridi  |  

Zest AI, which claims to be the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced that the company has “raised over $50 million in a new growth round.” The investment round was “co-led by existing global software investor… Read More

November 3, 2022 @ 9:28 am By Omar Faridi  |  

Challenger bank, Tandem, has announced the launch of its new ‘Tandem Marketplace’, a consumer-focused hub which “provides key information and resources to help promote greener living.” With an aim to be the UK’s greener digital bank, Tandem is “focused on supporting its customers to make… Read More

November 3, 2022 @ 7:07 am By Omar Faridi  |  

Moneythor, a solution provider of personalized customer experiences for banks and embedded financial services firms, announced at the Singapore FinTech Festival (SFF) the launch of “a wealth & portfolio management add-on module to its award-winning data-driven personalization and digital engagement solution.” Blending enterprise-scale technology with… Read More

November 2, 2022 @ 8:40 pm By Omar Faridi  |  

SimpleNexus, an nCino (NASDAQ: NCNO) company and developer of the U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents,  announced that Clive, Iowa-based Peoples Bank has “completed the company-wide rollout of Nexus Engagement and Nexus Origination™ to offer customers a modern homebuying… Read More

November 2, 2022 @ 7:27 pm By Omar Faridi  |  

Honeywell (Nasdaq: HON) announced the release of Honeywell Smart Pay, a contactless software payment solution “enabling the company’s powerful mobile computers to become secure and compliant payment terminals, accepting contactless mobile payments from anywhere a business sells or delivers goods and services.” Honeywell Smart Pay… Read More

November 2, 2022 @ 5:47 pm By Omar Faridi  |  

U.S. startup Karta.io, the financial OS for e-commerce teams, announced that it joined Visa’s Fintech Fast Track Program. Through the program, Karta.io will “have access to the tools and resources needed to scale its business using the reach, capabilities, and security that VisaNet, Visa’s global… Read More

November 2, 2022 @ 5:00 pm By Omar Faridi  |  

Bluefin, the integrated payments firm focused on PCI-validated encryption and tokenization technologies that protect payments and sensitive data, announced the acquisition of TECS Payment Systems, a global provider of omnichannel payment solutions to acquirers, payment service providers and POS system providers. Consumer demand for omnichannel… Read More

November 2, 2022 @ 1:05 pm By JD Alois  |  

Capchase has announced its expansion into Germany. Based in New York City, Capchase provides debt capital to SaaS companies. The company reports that since launching in 2020, it has worked with 3,000 customers, providing over $1.5 billion in funding available. Miguel Fernandez, co-founder and CEO… Read More

November 2, 2022 @ 12:27 pm By Omar Faridi  |  

TIFIN, the Fintech platform known for its highly engaging products fueled by advanced data science and machine learning, has launched what it claims to be  “a first-of-its-kind platform for client personalization.” The platform “to facilitate modern personalization will be offered by its TIFIN Wealth division… Read More

November 2, 2022 @ 12:17 pm By Omar Faridi  |  

Rapyd, the fintech platform for global payments, payouts and business everywhere, has announced the launch of a multi-currency Treasury Solution, which is reportedly the “first of its kind” for the APAC area. This solution is described as a collection of cash management features/solutions that optimize… Read More

November 2, 2022 @ 12:08 pm By JD Alois  |  

DBS, a Singapore-based financial institution that operates across Asia, has announced that it has utilized permissioned DeFi liquidity pools on a public blockchain to test FX trading and government securities transactions. According to DBS, the first industry pilot included JP Morgan, and SBI Digital Asset… Read More

November 2, 2022 @ 11:07 am By Omar Faridi  |  

Retirable, which claims to be the “first-of-its-kind” holistic retirement solution with the ongoing care of an advisor, unveiled additional retirement income and investing offerings to its advisory and planning services. Designed for the 50 million Americans approaching retirement in the next decade without a formal… Read More

November 2, 2022 @ 11:04 am By JD Alois  |  

Hong Kong has publicly asserted its interest in digital assets or “virtual assets” in a statement issued by the Financial Services and the Treasury Bureau. The document states: “As an international financial centre, Hong Kong is open and inclusive towards the global community of innovators… Read More

November 2, 2022 @ 10:37 am By Omar Faridi  |  

Global fintech platform Airwallex announced a Buy Now Pay Later (BNPL) functionality in partnership with Atome, Asia’s lBNPL brand. Announced recently, the collaboration will “enable Airwallex merchants to offer BNPL as a payment option to shoppers across Hong Kong, Indonesia, Malaysia and Singapore.” The partnership… Read More

November 2, 2022 @ 8:39 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a global player in the evolution of digital P2P payments, announced the launch of “a new service enabling consumers to buy, sell and hold cryptocurrency via the MoneyGram mobile app.” This new and innovative feature “gives MoneyGram customers in nearly… Read More

November 2, 2022 @ 8:37 am By Omar Faridi  |  

Form3, the cloud-native payment technology provider, announced that it has secured a € 23 million venture debt facility “to continue its rapid global expansion and follows its $160 million Series C funding led by Goldman Sachs last year.” The venture debt funding “provided by Atempo… Read More