Tagged: Business Expansion

June 28, 2022 @ 10:55 pm By Omar Faridi  |  

TIFIN, a Fintech platform using artificial intelligence (AI) and investment-driven personalization to “shape the future of investor experiences,” announced two key hires “to help expand their high-growth areas across distribution and international.” Jason O’Shaughnessy has joined TIFIN as Head of International. O’Shaughnessy previously “ran the… Read More

June 28, 2022 @ 2:17 am By Omar Faridi  |  

Pie Insurance, an Insurtech company specializing in workers’ comp insurance for small businesses, recently announced small business owners in Alabama and Oregon have access to its workers’ comp insurance. The expansion “increases the company’s coverage footprint to 38 states and Washington D.C, representing 89% of… Read More

June 25, 2022 @ 4:07 pm By Omar Faridi  |  

Alviere, the provider of enterprise software solutions for embedded finance that enables brands to deliver a full suite of financial products and services to customers, fans, and employees, announced it has secured financing from Silicon Valley Bank, the bank of the world’s “most innovative” companies… Read More

June 24, 2022 @ 8:19 am By Omar Faridi  |  

Frankfurt-based Raisin Bank AG is expanding its business to include payments. To this end, the Banking-as-a-Service (BaaS) provider is “acquiring the payment services division of Bankhaus August Lenz & Co. AG.” With the acquisition, Raisin Bank will “expand its product range by payment services and… Read More

June 23, 2022 @ 8:05 am By Omar Faridi  |  

Mambu, the SaaS Cloud banking platform, has reportedly welcomed four new senior hires as it “embarks on the next stage of its ambitious growth.” The Fintech firm has appointed Werner Knoblich as Chief Revenue Officer (CRO), Fernando Zandona as Chief Technology Officer (CTO), Tripp Faix… Read More

June 22, 2022 @ 5:12 pm By Omar Faridi  |  

The Bank of London, which claims to be the next-generation tech firm and the world’s “first” purpose-built global clearing, agency, and transaction bank, recently announced its intention “to expand its footprint in the United Kingdom by opening its Centre of Excellence in Belfast, Northern Ireland,… Read More

June 19, 2022 @ 3:16 pm By Omar Faridi  |  

Momentum in Alberta’s Fintech sector continues to build as crypto exchange company FTX revealed plans to establish its first Canadian location in Calgary after the acquisition of Calgary-based Bitvo — a trading platform “offering Canadians a secure and easy way to buy, sell and trade… Read More

June 16, 2022 @ 7:57 am By Omar Faridi  |  

With summer firmly upon us, Lisbon’s technology scene is beginning to heat up as it welcomes the launch of “plug-and-play” finance provider, Weavr, to Portugal. In recent times, Portugal has become “a noted hub for startups,” according to an update shared with CI. In fact,… Read More

June 9, 2022 @ 2:13 pm By Omar Faridi  |  

MX, which claims to be a leader in Open Finance, recently announced the MX Partner Network has “doubled the number of its fintech partners in the past year alone.” MX partners with the “best” organizations across the financial services ecosystem “to bring industry-leading solutions and… Read More

June 8, 2022 @ 12:34 am By Omar Faridi  |  

CaixaBank, which claims to be Spain’s “leading” financial institution, has launched FXNow, its online platform that enables customers to trade currencies “in real time, quickly, securely and without intermediaries, in Morocco.” With the launch, CaixaBank claims it has become “the only Spanish bank in Morocco… Read More

June 6, 2022 @ 4:52 pm By Omar Faridi  |  

As a startup ecosystem builder and veteran, Andrea Li, the VP, Head of International at Clearco, says she’s particularly excited about bringing Clearco, one of the largest digital commerce funders, to Germany, which is one of the world’s largest e-commerce economies. Clearco provides equity-free capital “to… Read More

June 3, 2022 @ 9:17 am By Omar Faridi  |  

Global tax software provider Sovos has announced that it is moving its office from the outskirts of Atlanta to the heart of the city in order “to attract diverse and rich talent that will fill new roles in sales, technology and finance positions as the… Read More

June 3, 2022 @ 8:17 am By Omar Faridi  |  

Bexs Pay, which claims to be a “pioneer” in offering cross-border transactions, has entered a partnership in order to provide Brazilian consumers with convenient access to global products and services. Bexs Pay will, from now on, be responsible for transfers via NuPay, which is Nubank’s… Read More

June 3, 2022 @ 7:11 am By Omar Faridi  |  

Commonwealth Bank’s venture-scaling business entity, x15ventures, recently revealed that it has appointed Laura Faulconer as its Portfolio Director. She will be responsible for growing and enhancing the x15 portfolio. As noted in the update, Laura joins x15 from early-stage venture capital firm, Antler, where as… Read More

May 31, 2022 @ 3:13 pm By Omar Faridi  |  

  Mondu is pleased to announce an important milestone in their company’s history: their $43 million Series A round. Since being founded in August 2021, they’ve been focused on “delivering a highly attractive product, growing [their] merchant base and the number of businesses [they] serve,… Read More

May 25, 2022 @ 10:27 am By Omar Faridi  |  

Paysend, the international Fintech with 7 million clients, has announced that it has grown its customer base in the United States by 66% in the past 12 months, to more than 500,000. This growth has been “driven by recent expansions of Paysend’s cross-border money transfer… Read More

May 24, 2022 @ 7:18 pm By Omar Faridi  |  

Mercuryo, the cryptocurrency payments firm, has revealed that it has hit 3 million users globally. The key milestone represents an acceleration in growth for the London-based business, having reached 2 million clients only four months back (in January of this year). Mercuryo is an international… Read More

May 24, 2022 @ 1:04 am By Omar Faridi  |  

Nomura Holdings, Inc. (NHI) recently announced the creation of a new digital asset company that will “offer institutional clients a comprehensive suite of trading, investor products and investment services.” Due to launch later this year, the new digital asset company will “provide institutional clients and… Read More

May 19, 2022 @ 8:19 am By Omar Faridi  |  

21Shares US Advisers LLC, an affiliated entity of 21Shares AG, the “largest” issuer of cryptocurrency exchange traded products (ETPs), recently marked its entrance into the U.S. market “with the launch of two private funds, providing accredited investors with broad, convenient exposure to both large-cap and… Read More

May 17, 2022 @ 11:56 pm By Omar Faridi  |  

Temenos AG (SIX: TEMN) recently announced the appointment of Roman Bartik as President Americas in order to accelerate and scale expansion in the region. Roman will be “responsible for all day-to-day operations, strategy and profitability in North and South America, effective immediately.” Roman joins the… Read More