September 16, 2023 @ 4:59 pm By Tony Zerucha  |  

Lingering recessionary fears are causing consumers to still cut spending, according to the Q3 2023 Consumer Pulse Report released this week by Marqeta, a global card issuing platform. Marqeta’s report surveyed 3,000 consumers in the United States and the United Kingdom in partnership with Propeller… Read More

September 16, 2023 @ 4:55 pm By Michael Wong  |  

Learn.xyz, a startup focusing on generative AI in education, has unveiled its innovative, AI-driven social learning app for iOS and Android platforms. This launch coincides with the company’s successful $3 million Seed funding. The new app, catering to a worldwide audience, offers the unique ability… Read More

September 16, 2023 @ 4:51 pm By Omar Faridi  |  

Riskified (NYSE:RSKD), a firm focused on ecommerce fraud and risk intelligence, published “Policy Abuse and Its Impact on Merchants: Global Benchmarks 2023,” revealing how consumer misuse of refunds, returns, and promotional programs, “alongside resellers, is forcing retailers and other merchants to strike a difficult balance… Read More

September 16, 2023 @ 4:48 pm By Michael Wong  |  

The International Finance Corporation (IFC), a member of the World Bank Group, is allocating a $10 million loan to Uzbekistan’s Ipak Yuli Bank in a bid to bolster the bank’s lending initiatives directed at small and medium enterprises (SMEs), especially those owned by women. The… Read More

September 16, 2023 @ 4:37 pm By Omar Faridi  |  

Apiture, a provider of digital banking solutions, today announced the introduction of family banking through a partnership with Greenlight Financial Technology, Inc., the fintech company on a mission “to help parents raise financially smart kids.” Through the Greenlight for Banks program, Greenlight’s family finance app… Read More

September 16, 2023 @ 10:40 am By Michael Wong  |  

Global payments company Circle Internet Financial (Circle) and Southeast Asia’s super app Grab announced a groundbreaking partnership that aims to usher in Web3 customer experiences in Singapore. This innovative collaboration will see the integration of Circle’s new Web3 Services platform directly into the Grab app…. Read More

September 16, 2023 @ 10:32 am By Michael Wong  |  

London-based fintech firm Hyperjar, celebrated for its digital payment solutions and personalized rewards system, has announced raising $24 million in a Series A funding round backed by Susquehanna Private Equity Investments and the Healthcare of Ontario Pension Plan. Having its roots in 2016 and officially… Read More

September 16, 2023 @ 10:18 am By Michael Wong  |  

The recently introduced ASEAN QR Code innovation promises to open up a broader market for micro, small, and medium enterprises (MSMEs) by facilitating seamless cross-border payments, Pandu Sjahrir, the legacy lead of ASEAN QR Code, told Indonesia’s news agency ANTARA. This integration offers a platform… Read More

September 16, 2023 @ 10:15 am By Michael Wong  |  

Hong Kong-based virtual insurer Bowtie has successfully wrapped up a $34.9 million Series B2 funding round, the company has confirmed. The latest financial injection was led by Sun Life Hong Kong Limited, and saw significant contributions from Mitsui & Co., Ltd. Bowtie’s announcement highlighted that… Read More

September 16, 2023 @ 10:09 am By Omar Faridi  |  

Nicolas Benady, CEO at Swan, says that the fundraising is significant for reinforcing the quality and scale of their product, and it’s also notable for their customers. With Swan, it’s reportedly easy for European companies “to embed banking into their own product and reap the… Read More

September 16, 2023 @ 9:47 am By Michael Wong  |  

Defense AI firm Helsing has announced raising €209 million in its Series B funding round anchored by General Catalyst and backed by strategic investment from the renowned Swedish group, Saab. Established in 2021, Helsing’s identity is carved as a contemporary defense firm, primarily focusing on… Read More

September 16, 2023 @ 9:30 am By Omar Faridi  |  

The US Treasury’s proposed ‘broker’ rules expand surveillance “well beyond a ‘third party doctrine’ that’s already stretched thin,” according to the team at Coin Center, a crypto policy think tank. Peter Van Valkenburgh, Director of Research at CoinCenter, Board Member at the Zcash Foundation, notes… Read More

September 16, 2023 @ 6:33 am By Omar Faridi  |  

CAIS, the alternative investment platform for independent financial advisors, announced an expanded menu of strategies from twelve alternative asset managers, underscoring their commitment to the independent wealth channel. Apollo Global Management, Ares Management Corporation, Bain Capital, Blue Owl Capital, The Carlyle Group, Fidelity Investments, Franklin… Read More

September 15, 2023 @ 6:18 pm By Omar Faridi  |  

CertifID, a wire fraud protection company, today announced $20M in new funding. CertifID’s Series B raise was led by Arthur Ventures, which also invested in CertifID’s $12.5M Series A in May 2022. CertifID’s Series B investment round comes on “the heels of strong adoption of… Read More

September 15, 2023 @ 5:24 pm By Omar Faridi  |  

  According to Insights Distilled’s recent State of Enterprise Tech report, API-first development is streamlining software, with respondents claiming they are ready to start utilizing APIs at scale, with 43% naming it a top priority for 2023. Additionally, a survey from Insight Partners’ portfolio company… Read More

September 15, 2023 @ 4:45 pm By Omar Faridi  |  

Chainlink notes that, ANZ Bank,, one of the largest institutional banks in Australia, used Chainlink CCIP to successfully demonstrate a cross-chain purchase of tokenized assets “with A$DC, an ANZ-issued stablecoin of the Australian Dollar.” .@ANZ_AU, one of the largest institutional banks in Australia, used Chainlink… Read More

September 15, 2023 @ 4:30 pm By Omar Faridi  |  

A “top 60” law firm chooses Onfido to enable automated identity verification, reducing client verification time from days to minutes. Onfido, the global leader in automated identity verification, announced a partnership with Taylor Rose MW, a top 60 independent law firm, “to provide automated and… Read More

September 15, 2023 @ 4:25 pm By Tony Zerucha  |  

Real estate investing investment marketplace Groundfloor had a busy week. The company announced a partnership program after unveiling its Labs initiative at the Blueprint Conference. Groundfloor recently surpassed $1 billion in investments on its platform and is accelerating growth through the Labs partnership program. Labs… Read More

September 15, 2023 @ 2:11 pm By Tony Zerucha  |  

Lender Toolkit, a provider of automated mortgage technology solutions powered by artificial intelligence (AI), announced the promotion of Tammi Alexander to chief operating officer (COO) this week. Previously, Alexander served as senior director of mortgage technology for the company. Alexander has more than 25 years… Read More

September 15, 2023 @ 2:11 pm By Tony Zerucha  |  

SMB fintech Nav this week launched Nav Prime, along with a credit-building card for small businesses. They believe it’s the latest tool to help small businesses improve their financial health. Nav helps small businesses transparently understand all of their financing options and know what they… Read More