Tagged: Business Expansion

September 13, 2023 @ 7:51 am By Omar Faridi  |  

Form3 announces that Visa (NYSE:V) has invested in the cloud-native account-to-account platform, which will help Form3 continue its expansion. This funding is in parallel to news that Form3 will “provide Visa’s clients with access to their payments platform, to enable them to modernize their payments’… Read More

September 9, 2023 @ 12:46 pm By Omar Faridi  |  

Central Asian fintech Alif makes its mark in the UAE with Alif Pay, providing financial services and global remittance for UAE residents. Digital transformation professional Shafique Ibrahim takes on the role as Alif Pay’s CEO, spearheading the launch and “reinforcing the platform’s innovative approach to financial… Read More

September 7, 2023 @ 7:55 am By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced plans to further expand its footprint in the UK market “with a new senior appointment and launch of its AI-powered cyber insurance program.” With more than half (54%) of SMEs in… Read More

September 6, 2023 @ 12:37 pm By Omar Faridi  |  

Modulus is beginning its recruitment drive in order to support global expansion efforts amidst the rise of digital asset sector. Modulus, a US-based developer of technology powering Wall Street, international banks, digital asset exchanges, and global regulatory commissions, revealed its plans for worldwide expansion. The… Read More

September 1, 2023 @ 9:11 am By Omar Faridi  |  

There’s an update for Lemonway investors. HeavyFinance notes that there’s now a wider horizon of investment opportunities that has just opened up. As noted in a blog post by HeavyFinance, irrespective of whether you’re an existing investor or considering joining, the door is now open… Read More

August 31, 2023 @ 9:05 am By Omar Faridi  |  

Brian Armstrong, CEO at Coinbase (NASDAQ:COIN), has shared several ideas that he claims to be most excited about in crypto right now. The Coinbase Chief Executive says that if you’re building something in crypto or thinking about doing so – check it out. They are… Read More

August 30, 2023 @ 8:51 pm By Omar Faridi  |  

Currencycloud, which claims to be the experts in simplifying business in a multi-currency world, has partnered with South Korea-based cross-border payment company MOIN in order to expand its global coverage “while delivering faster processing times, lower transaction costs, and enhanced security measures to its customers… Read More

August 24, 2023 @ 12:50 pm By Omar Faridi  |  

Northern Trust (Nasdaq: NTRS) announced Dane Fannin will “lead its growing Global Foreign Exchange business, expanding his Securities Finance role.” As global head of Global Foreign Exchange (GFX) and Securities Finance, Fannin, who joined Northern Trust in 2006, will be “responsible for the continued technology… Read More

August 23, 2023 @ 6:42 pm By Omar Faridi  |  

Ramp, the finance automation platform designed to help businesses spend less, today announced a $300 million Series D on the back of strong revenue growth, “increasing market share among small and mid-sized businesses, and successful expansion into the enterprise segment over the past year.” Ramp… Read More

August 23, 2023 @ 9:52 am By Omar Faridi  |  

DMALINK, the EM-focused institutional FX ECN bolsters its Scandinavian currency presence. The firm revealed that Danske Bank A/S, has “added DMALINK as a platform to provide custom Scandinavian eFX pricing to its buy-side clients. The inclusion of Danske Bank in the DMALINK ecosystem “creates an… Read More

August 21, 2023 @ 7:47 am By Omar Faridi  |  

Synechron, Inc., a global digital transformation consulting firm focused on the financial services and big technology organizations, announces the opening of its new Canada Delivery Center, located in the heart of the Montreal financial district. This expands Synechron’s Canadian footprint and “enables it to consult… Read More

August 20, 2023 @ 10:22 pm By Omar Faridi  |  

PostFinance is boosting its mortgage lending: the financial service provider is acquiring a stake in Credit Exchange Ltd (CredEx) and taking a seat on its Board of Directors. The two parties have “signed a contract to that effect.” This partnership with the mortgage marketplace CredEx… Read More

August 20, 2023 @ 5:19 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) displayed continued growth and remained in investment mode, scaling the Adyen team to further position itself to capture its long-term opportunity. As mentioned in the announcement by Adyen, the key H1 2023 figures are as follows: Processed volume was €426.0 billion, up… Read More

August 19, 2023 @ 6:59 pm By Omar Faridi  |  

Param, which claims to be Turkey’s biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto. Setting the scene for wider global expansion, Param is “introducing its technology and integrated embedded finance products and services… Read More

August 16, 2023 @ 11:36 am By Omar Faridi  |  

SumUp has launched in Australia, its 36th market, as the global fintech continues its global expansion and “rolls out its proprietary hardware and software solutions for Australian businesses.” SumUp was founded in 2012 with “the mission of empowering small businesses and entrepreneurs with affordable and… Read More

August 15, 2023 @ 5:56 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has announced its official entry into the Canadian market, “backed by the integration of Interac payment rails, with banking and payment partners, enabling seamless fund transfers, and the introduction of Coinbase One – a 30-day trial offering zero trading fees, enhanced staking rewards,… Read More

August 9, 2023 @ 1:30 pm By Omar Faridi  |  

Nu officially inaugurated its new office spaces in Mexico City. With a sprawling space of over 5,000 m² in the Polanco neighborhood, Nu provides a workspace “for more than 1,200 Nubankers who work in a hybrid schedule, alternating between weeks of in-person and remote work… Read More

August 9, 2023 @ 2:40 am By Omar Faridi  |  

Bondora notes that we are more than halfway through the year. Like with any goal, it’s essential to acknowledge achievements along the way to stay motivated on the path to success, the team at Bondora noted while adding “that a lot has happened already, and… Read More

August 8, 2023 @ 8:38 am By Omar Faridi  |  

NEXT Insurance, a digital small business insurer, today announced it is expanding its insurance offerings for small businesses with the launch of commercial umbrella/excess liability in 41 states, and the expansion of liquor liability coverage in 7 additional states. Commercial excess/umbrella insurance “includes the same… Read More

August 4, 2023 @ 6:00 am By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and quantify data for more… Read More