June 14, 2022 @ 11:16 am By JD Alois  |  

Molten Ventures has led a $20 million Series A funding round in Airbank, a Fintech that aims to automate business finance management with a single interface. Other investors in the round include Bruce Wallace (Strategic Advisor at Brex), Guillaume Cabane (Strategic Advisor at Ramp), and… Read More

June 14, 2022 @ 11:02 am By JD Alois  |  

Accelerated Payments (AP), an invoice financing Fintech, has hired Carolyn McClure as a Vice President to boost the development of the North American market. AP already operates in North America as well as the UK and Europe. Recently the company announced the hiring of Steven… Read More

June 14, 2022 @ 11:00 am By JD Alois  |  

Capchase has been added to Stripe’s App marketplace so users may gain access to credit. Stripe customers can now access Capchase’s offerings, including Capchase Grow (Recurring Revenue Financing) and Capchase Extend (Expense Financing), directly through Stripe’s interface. Miguel Fernandez, co-founder and CEO of Capchase, said… Read More

June 14, 2022 @ 10:07 am By Omar Faridi  |  

Swoop, the “one-stop” money shop for businesses, has acquired £5.4 million via a Series A funding round “to accelerate international expansion and help more companies to access an array of financing options.” The funding announcement follows “a surge in demand for SME financing, with revenues… Read More

June 14, 2022 @ 9:17 am By Omar Faridi  |  

Star Atlas, which claims to be a next-gen metaverse with triple-A game design and Unreal Engine 5 graphics built on the Solana blockchain, recently announced a partnership with MoonPay, “enabling players to purchase NFTs and in-game currency ATLAS instantly with a credit card.” MoonPay claims… Read More

June 14, 2022 @ 8:56 am By JD Alois  |  

The British Business Bank is distributing an “Evaluation Report” on the impact of the COVID loan guarantees that indicates 150,000 to 500,000 businesses were saved and between 500,000 to 2.9 million jobs were maintained. The report was authored by London Economics and Ipsos. The document… Read More

June 14, 2022 @ 8:33 am By JD Alois  |  

Coinbase (NASDAQ:COIN), the largest crypto exchange in the US and the first to float shares on an exchange, has announced it will reduce employee headcount by 18%. This announcement follows previous statements of a hiring freeze. Currently, Coinbase has around 4900 employees indicating that over… Read More

June 14, 2022 @ 8:15 am By Omar Faridi  |  

Starling Bank has upgraded its Spending Insights tool in order to help consumers with improving their money management skills. Thirty-six new spending categories have been introduced, “giving customers instant access to monthly spending data across each category.” Starling is also rolling out a search capability… Read More

June 14, 2022 @ 8:09 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced a new Start Path initiative that has been designed for Ukrainian Fintech firms and entrepreneurs “to enable Ukrainian startups to accelerate growth and contribute to the rebuilding of the country’s economy.” The initiative – announced at Money 20/20 Europe in Amsterdam… Read More

June 14, 2022 @ 7:00 am By JD Alois  |  

Clausematch, a global Regtech firm, has closed on a $10.8 million investment round led by Lytical Ventures, Flashpoint and Sony Innovation Fund, according to a corporate statement. Clausematch said the funding will be used to boost its activities in the US and invest in its… Read More

June 14, 2022 @ 12:01 am By JD Alois  |  

  Qonto and Coinhouse have announced a partnership designed to leverage existing services to enable SMEs and others to invest in crypto assets, according to a company statement. Qonto is a European Fintech that offers businesses service like banking, bookkeeping, spend management, and more.  Launched… Read More

June 13, 2022 @ 10:54 pm By Omar Faridi  |  

ComfortDelGro Taxi and Alipay+ recently announced a partnership that enables mobile payments from Malaysia and South Korea, “namely the Touch ‘n Go eWallet and Kakao Pay, to be accepted as cashless payment options in all its Comfort and CityCab taxis.” Users of these mobile wallets… Read More

June 13, 2022 @ 10:47 pm By Omar Faridi  |  

ADQ, an Abu Dhabi-based investment and holding company, recently announced the launch of a $100 million technology-focused venture capital fund with the Ministry of Digital Economy and Entrepreneurship (MoDEE) of Jordan, in the presence of His Excellency the Prime Minister of Jordan, Bisher Al Khasawneh…. Read More

June 13, 2022 @ 9:06 pm By Omar Faridi  |  

NymCard, the MENA-based Banking as-a-Service (BaaS) provider and card issuer, has raised $22.5 million in its latest funding round. This will help NymCard “enable MENA-based Fintechs with the infrastructure required from BIN Sponsorship, Card Issuing, Program Management, Compliance, FX, and Treasury, leverage its over 150+… Read More

June 13, 2022 @ 7:59 pm By Omar Faridi  |  

Ocean Protocol, the open-source, decentralized data exchange protocol to unlock data for AI, announces the launch of OceanONDA V4. The upgrade caters to data publishers, data consumers, and data marketplace operators “with data NFTs for more flexible data management, one-sided staking to solve rug pulls,… Read More

June 13, 2022 @ 7:50 pm By Omar Faridi  |  

BNP Paribas Asset Management (BNPP AM) and Matter, a Danish Fintech specializing in sustainability insights, recently announced the launch of ‘SDG Fundamentals’, an innovative data solution. This dataset “enables investors to analyze the extent to which company[1] revenues are aligned – or misaligned – with… Read More

June 13, 2022 @ 7:38 pm By Omar Faridi  |  

Equifax, one of the UK’s big three credit reference agencies, is entering a partnership with Fintech Paylink Solutions in order to automate its digital affordability solution using Open Banking data and APIs. Paylink Solutions provides innovative tech across the financial services and utilities sectors. Its… Read More

June 13, 2022 @ 3:47 pm By Omar Faridi  |  

Coinme, a cryptocurrency cash exchange in the U.S., and Circle, a global internet finance firm and the issuer of USD Coin (USDC), recently announced at Consensus 2022 a strategic collaboration “to integrate USDC into Coinme’s global cash onramp and offramp ecosystem.” The integration “promotes financial… Read More

June 13, 2022 @ 3:42 pm By JD Alois  |  

Apple Pay Later, Apple’s (NASDAQ:AAPL) newest Fintech service, was recently revealed rattling the cages of more established buy now – pay later (BNPL) providers. As the thesis goes, Apple will offer short-term credit (just 6 weeks – 4 payments) which will drive sales and thus… Read More

June 13, 2022 @ 3:04 pm By Omar Faridi  |  

Vincent, the alternative investment search platform, recently announced VALT Asset Management will provide investors access to “world-class” alternative assets once “reserved only for institutional investors.” Open for investments, VALT offers portfolios of institutional-grade alternative assets — “including venture capital, cryptocurrency, collectibles, real estate, art, and… Read More