March 2, 2022 @ 9:42 am By JD Alois  |  

Neobank Revolut and IRIS Software Group (IRIS) have announced a partnership to offer employees access to their salaries when they accrue it – if they so choose. IRIS states that the partnership has two objectives: first, to allow companies using IRIS Cascade to offer their… Read More

March 2, 2022 @ 9:30 am By Omar Faridi  |  

Since 2016, Mambu and Persistent Systems have reportedly been assisting banking institutions and financial service providers with transforming their products and operations via digital acceleration and Cloud-native banking tech. A digital engineering firm, Persistent is a “strategic” partner of Mambu providing industry and technical expertise… Read More

March 2, 2022 @ 8:34 am By JD Alois  |  

EstateGuru, a marketplace lending platform that provides secured loans pairing investors with borrowers, has signed a partnership with Raisin Bank – a banking as a service provider operated by global Fintech Raisin. According to EstateGuru, the Frankfort-based Raisin Bank will provide services to Estate Guru’s… Read More

March 2, 2022 @ 8:17 am By Omar Faridi  |  

Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has secured an additional $100 million in order to extend its Series B round to $215 million. The Fintech firm’s Series B extension was reportedly “raised at a valuation of $1… Read More

March 2, 2022 @ 8:14 am By Omar Faridi  |  

Germany’s banking challenger N26 should be ready for an initial public offering (IPO) by the end of this year, according to co-CEO Maximilian Tayenthal, Maximilian told CNBC that by the end of 2022, N26 should be “structurally IPO-ready,” During an interview with the media outlet… Read More

March 2, 2022 @ 8:12 am By Tony Zerucha  |  

Paceline, a company that connects your health and your finances through its unified wellness platform, today launched the first credit card powered by movement – rewarding cardmembers not only for spending, but for staying active by hitting their weekly “streak” of 150minutes of exercise. The Paceline… Read More

March 1, 2022 @ 11:47 pm By Omar Faridi  |  

Jiye Technologies, which claims to be the fastest growing Agri-Tech platform in Pakistan has announced a business-to-business (B2B) Buy Now, Pay Later (BNPL) feature through a digital financing product for farmers and businesses across the country, under its program called “Jiye Khushhaal Karobar.” The digital… Read More

March 1, 2022 @ 11:03 pm By Omar Faridi  |  

Malaysia’s CIMB has reported a credit loss of around $67 million because of a processing error that led to some clients receiving duplicate credits to their accounts. CIMB‘s management discovered the glitch, which was related to a third-party financial remittance service, in January 2022. The… Read More

March 1, 2022 @ 11:01 pm By Tony Zerucha  |  

The BSV blockchain’s Switzerland-based industry association this week announced the formation of a BSV Blockchain Global Advisory Council. The council brings together senior professionals and thought leaders from diverse industries who support the growth of blockchain technology. While they may be blockchain-agnostic, council members will advise… Read More

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

Douugh Ltd (ASX: DOU), the banking super app on a mission to help clients “autonomously budget, save and invest their money to live financially healthier lives,” is pleased to confirm a partnership with TrueLayer in order to access Open Banking data in Australia. Open Banking… Read More

March 1, 2022 @ 8:39 pm By Tony Zerucha  |  

Hyperproof, a compliance operations platform company, has released its 2022 IT Compliance Benchmark Report, a survey containing comprehensive benchmarks on how companies manage IT risks and compliance efforts in a time when requirements are increasing in complexity. The responses, collected in December of 2021, come from 1,014… Read More

March 1, 2022 @ 6:30 pm By Tony Zerucha  |  

Paperwork, a financial wellness company that helps people organize and manage their financial lives, recently announced it has closed $2.5 million in seed funding in a raise led by Kickstart Fund with participation from Launchpad Capital, AARP, StartUp Mavericks, and unnamed angel investors. The funds will be… Read More

March 1, 2022 @ 5:45 pm By Omar Faridi  |  

Tribal, a B2B payments and financing platform for emerging markets, recently announced a partnership with Visa (NYSE: V). The partnership will aim to increase Tribal’s issuance of business credit cards in Mexico, Brazil, Colombia, Chile, Peru, Argentina, Panama, Uruguay, and the Dominican Republic to “create… Read More

March 1, 2022 @ 5:39 pm By JD Alois  |  

  Russia’s war with Ukraine is a human tragedy of epic proportions. It appears that Russian President Vladimir Putin and his advisors have ignored the history of Nazi Germany and pushed forward with an unprovoked invasion that can only end in disaster. The war will… Read More

March 1, 2022 @ 4:22 pm By JD Alois  |  

FOXO Technologies Inc. will become a publicly traded firm in a SPAC deal with Delwinds Insurance Acquisition Corp. (NYSE: DWIN). Shares will trade under the symbol FOXO once completed. The transaction is said to have a value of $369 million. FOXO, will raise up to… Read More

March 1, 2022 @ 3:49 pm By Omar Faridi  |  

Volante Technologies, the company focused on Cloud payments and financial messaging, recently announced that it received additional growth funding from BNY Mellon and Poste Italiane. With this new investment, both banking institutions are “solidifying their commitment to payments modernization and affirming the key role Volante… Read More

March 1, 2022 @ 3:34 pm By Omar Faridi  |  

Frost Bank, which is one of the largest banks based in Texas, has partnered with Plaid, a data network powering the digital financial ecosystem, in order to help Frost clients “securely and easily integrate their accounts and finances online.” Via its mobile app and online… Read More

March 1, 2022 @ 3:27 pm By Tony Zerucha  |  

Paysend, a provider of card-to-card and international payments services, today announced the expansion of its cross-border money transfer services to Colombia with MOVii, a mobile wallet service in Colombia. Using global payments infrastructure company Terrapay, Paysend will enable U.S. and European customers to send money via MOVii mobile… Read More

March 1, 2022 @ 11:41 am By JD Alois  |  

As of today, over $36 million has been donated to various Ukrainian organizations, including directly to the Ukrainian government along with non-profits supporting efforts while unprovoked war rages with Russia. The Ukrainian government, The Return Alive Foundation, UkraineDAO, and Binance Charity’s Ukraine Emergency Fund lead… Read More

March 1, 2022 @ 11:15 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) announced on Monday (February 28, 2022) that it would be making an investment in TRM Labs, a blockchain analysis company, becoming the latest in a growing number of Wall Street giants who are expanding their footprint in the crypto and DLT  industry…. Read More