July 10, 2022 @ 12:31 pm By Omar Faridi  |  

Finalis, which claims to be one of the “fastest-growing” tech platforms for dealmakers,  announced $10.7 million in seed funding led by VC firms, such as ANIMO Ventures, Chaac Ventures, Ulu Ventures, Tribe Capital and The Fund. The funding from the investment round will aim to… Read More

July 10, 2022 @ 11:50 am By JD Alois  |  

Venture capital funding continues its march downward after a stellar 2021 for risk capital. Obviously, this is due to a deteriorating global economy, Giga high inflation, and central banks needed to battle rising prices by making money more expensive. CB Insights shared recently that global… Read More

July 10, 2022 @ 11:47 am By JD Alois  |  

Superscript, a UK-based Insurtech has commenced operations in the Netherlands – its first country outside of its home country. According to a blog post, Superscript has been approved by Dutch regulators, the Authority for Financial Markets (AFM) and may now offer its services across Europe…. Read More

July 10, 2022 @ 10:05 am By Omar Faridi  |  

Sonovate, the provider of embedded finance and payment solutions for the contingent workforce, announced that it has completed a securitization deal with BNP Paribas and M&G Investments, “adding £165 million to its funding structure.” The deal is “an endorsement of Sonovate’s position as a Fintech… Read More

July 10, 2022 @ 9:58 am By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced that LINKBANCORP, Inc., the holding company of The Gratz Bank and LINKBANK, selected Jack Henry “to bring modern banking services to its local community.” Founded in 2018, LINKBANCORP had a vision “for entrepreneurial growth, innovation in technology… Read More

July 10, 2022 @ 9:50 am By Omar Faridi  |  

Envestnet announced that it has acquired Redi2 Technologies, Inc., a provider of revenue management and hosted fee-billing solutions for the financial services industry. The deal aims to “create more connections across the Envestnet financial wellness ecosystem for asset managers, wealth managers, and registered investment advisors… Read More

July 9, 2022 @ 5:39 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced that Revolut will use Stripe “to support payments in the UK and Europe and accelerate its expansion into new markets.” Founded in 2015, Revolut has rapidly “become one of Europe’s great fintech success stories.” After launching in… Read More

July 9, 2022 @ 3:15 pm By Omar Faridi  |  

i2c Inc., a provider of digital payment and banking tech, announced its partnership with Colorado-based financial tech firm Marygold & Co., in order to power the platform’s Tap to Pay Debit Mastercard and new “customer-centric” savings program. Leveraging i2c’s “plug-and-play” payment APIs, Marygold & Co…. Read More

July 9, 2022 @ 3:08 pm By Omar Faridi  |  

Wyre, a crypto infrastructure provider, announced an integration with the global on/off-ramp service for digital wallets launched last month by MoneyGram, a key player in the evolution of digital P2P payments, on the Stellar network. This service was introduced with support from the Stellar Development… Read More

July 9, 2022 @ 1:37 pm By Omar Faridi  |  

As part of a self-discipline initiative, China’s leading technology companies have reportedly decided to enforce “real-name” authentication for NFT (or non-fungible token) buyers and also want to help users avoid secondary marketplaces The agreement (not legally binding at the moment) serves as confirmation from the… Read More

July 9, 2022 @ 1:35 pm By Omar Faridi  |  

radicant, which claims to be the “first” sustainable, digital and collaborative internet-based financial services company that’s “aligned” with the UN’s 17 Sustainable Development Goals, is working closely with Squirro. The integration of tech “enables radicant to automate decision-making processes and improve customer understanding and service… Read More

July 8, 2022 @ 11:10 pm By Omar Faridi  |  

Worldline [Euronext: WLN], which claims to be an international leader in payment services, is assisting its digital commerce customers with entering the fast-evolving Chinese markets. Over 1.38 million Chinese consumers currently order various items from other nations. As noted in the update, the key to… Read More

July 8, 2022 @ 10:01 pm By Omar Faridi  |  

International payments Fintech, Till Payments recently announced a partnership with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group, in order to integrate Alipay into its Education product offering while exploring the potential integration of other virtual payment methods offered by… Read More

July 8, 2022 @ 7:17 pm By Omar Faridi  |  

FSS Technologies Singapore Pte Ltd., a provider of banking and payment tech solutions, announced a partnership with ACLEDA Bank, Cambodia’s largest commercial bank, in a multi-product deal “to consolidate and digitally transform its nation-wide merchant operations and automate its terminal monitoring, reconciliation and settlement processes.”… Read More

July 8, 2022 @ 6:40 pm By Omar Faridi  |  

To expand on the ongoing collaboration since 2016, AS DelfinGroup has incorporated Nordigen‘s Open Banking platform to add to their technological toolkit and “streamline their loan origination and credit assessment procedures.” Didzis Ādmīdiņš, Chairman of the Board of AS DelfinGroup, said: “We have chosen Nordigen… Read More

July 8, 2022 @ 5:06 pm By JD Alois  |  

Federal Reserve Vice Chair Lael Brainard delivered a speech today for the Bank of England. The topic of discussion was crypto-assets and financial stability, currently a hot subject. Recently, digital asset markets have floundered causing several firms to cease operations. Tanking valuations have raised fears… Read More

July 8, 2022 @ 4:08 pm By JD Alois  |  

Filecoin was an early coin issuing star raising around $200 million in a CoinList-hosted token offering back in 2017. In the past years, the company has periodically issued updates on its progress in creating the world’s largest decentralized storage network. Today, Filecoin is once again… Read More

July 8, 2022 @ 1:38 pm By JD Alois  |  

Yapily, a UK-based open banking provider, says the technology is soaring across the UK and Europe. The company has posted a document highlighting open banking progress across 18 different European markets. In its ranking, the UK has the top spot with Germany moving up to… Read More

July 8, 2022 @ 1:19 pm By Omar Faridi  |  

Dequency has introduced its Web3-powered music licensing marketplace, “opening its portal to music rights holders everywhere, having completed a 4-month restricted beta phase.” Dequency is building (what it claims to be) “a unique, decentralized music licensing marketplace for music rights holders and visual creators to… Read More

July 8, 2022 @ 12:57 pm By Omar Faridi  |  

Mambu, a Cloud banking platform, announced a partnership with Visa (NYSE: V) to utilize Visa DPS – one of the largest processors of Visa debit transactions. The partnership will aim to give Mambu clients a connection to Visa DPS for end-to-end card issuing as well… Read More