Tagged: digital financial services

April 24, 2024 @ 11:40 pm By Omar Faridi  |  

Funding Societies, the unified SME (small and medium enterprises) digital finance platform in Southeast Asia, announced a partnership with Singapore E-Business (SGeBIZ) – a digital procurement, payment and sourcing platform provider – to bring B2B (business-to-business) embedded finance (EmFi) solutions to businesses in Singapore, that… Read More

April 24, 2024 @ 11:25 pm By Omar Faridi  |  

To accelerate its growth in the United States and its presence in the fast-expanding online gaming market, Thunes, a global cross-border payments company, is proud to announce that it signed a definitive agreement to acquire Tilia LLC, an all-in-one payments platform. Tilia is licensed in… Read More

April 24, 2024 @ 10:22 pm By Omar Faridi  |  

iLex, the loan distribution platform, announced today the appointment of Sean Tai as Head of Business Development. Sean will lead the development, commercialization and “adoption of the iLex loan distribution platform globally and reinforce the iLex executive team in delivering its ambitious roadmap.” Based in… Read More

April 24, 2024 @ 11:26 am By Omar Faridi  |  

Figure Technology Solutions, provider of a scaled technology platform built to enhance efficiency and transparency in financial services, announced the appointment of Michael Tannenbaum as Chief Executive Officer and a member of the Board of Directors, effective immediately. In conjunction with the appointment, Mike Cagney,… Read More

April 22, 2024 @ 8:44 am By Omar Faridi  |  

MUFG Bank, Ltd., which claims to be one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the investment banking groups in Europe, reportedly completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS… Read More

April 21, 2024 @ 12:07 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that its affiliate, Galaxy Asset Management, (GAM), reported preliminary assets under management of $7.8 billion as of March 31, 2024. The 23.3% decrease in preliminary AUM “compared to the prior month was primarily driven by the liquidation of… Read More

April 19, 2024 @ 4:07 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances. Marqeta will power the Rain Card,… Read More

April 19, 2024 @ 9:19 am By Omar Faridi  |  

Pliant, a business-to-business (B2B) credit card platform that allows businesses to optimize their payment processes, has recently announced the closing of more than €18 million in Series A extension financing, led by PayPal Ventures. Existing investors SBI Investment, Motive Ventures, and Alstin Capital “also participated… Read More

April 15, 2024 @ 2:02 pm By Omar Faridi  |  

Inpay, the Danish cross-border payments provider, has announced strong annual results for 2023. Annual revenues increased by 23 percent to €60.1 million, up from €48.6 million in 2022. The business also saw strong growth in EBITDA, “up 57 percent to €13.0 million in 2023, up… Read More

April 10, 2024 @ 9:44 pm By Omar Faridi  |  

Inside Addepar, a quarterly update of Addepar platform developments, research insights and client, partner and company announcements has been released. Addepar says that it just “completed a strong first quarter, building on their momentum from 2023 and setting the stage for an even stronger 2024.”… Read More

April 8, 2024 @ 5:41 pm By Omar Faridi  |  

As another reinforcement for the security of its customers, Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms in the world, announces the launch of Verified Call: a new tool for over 90 million people who use the app… Read More

April 8, 2024 @ 7:43 am By Omar Faridi  |  

Nium, the enabler of real-time cross-border payments, recently announced its partnership with luxury tour operator Scott Dunn to issue virtual cards to its global network of hotel providers. Nium’s virtual card solution reportedly “enables travel intermediaries to effectively pay airlines, hotels, and the global travel… Read More

April 7, 2024 @ 11:25 am By Omar Faridi  |  

Bluevine, which claims to be the all-in-one banking platform specifically designed for small businesses, announced it will provide customers three different options for their Bluevine Business Checking account – so they can choose the plan that does the most to unlock additional growth for their… Read More

March 31, 2024 @ 6:22 am By Omar Faridi  |  

Ten emerging technology companies have been selected to participate in the 2024 FinTech Innovation Lab New York, a 12-week program founded and run by Accenture and the Partnership Fund for New York City that helps early- and growth-stage fintechs accelerate product and business development through… Read More

March 28, 2024 @ 5:14 pm By Omar Faridi  |  

FusionIQ, a firm focused on the delivery of cloud-based wealth management solutions with their all-in-one digital platform for financial advisors and institutions, announced the launch of its FIQ Market One on the FusionIQ One platform. The product marks a significant shift in the wealth management… Read More

March 28, 2024 @ 10:40 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) CEO Vlad Tenev has unveiled a new product and feature for the Fintech firm’s clients during a session in New York City. Robinhood notes that its New Gold Standard is yet another step forward in their company’s mission to “democratize finance for all… Read More

March 15, 2024 @ 12:10 pm By Omar Faridi  |  

MeaWallet, a digital payments enabler specializing in card tokenization, announces its partnership with Fondeadora, Mexico’s financial service provider. Fondeadora, renowned as the digital alternative “to traditional Mexican banking, is on a mission to empower individuals by returning control over their finances.” Being among the first… Read More

March 13, 2024 @ 9:33 pm By Omar Faridi  |  

Bank Muamalat Malaysia Berhad (Bank Muamalat) announced a multi-year collaboration with Google Cloud to accelerate its transformation into a leading digital Islamic bank. This collaboration aims to leverage Google Cloud’s integrated capabilities in modern infrastructure, data analytics, security, and generative AI (gen AI) to “deliver… Read More

February 14, 2024 @ 6:32 pm By Omar Faridi  |  

On the cusp of Sunday’s “Big Game” and the upcoming college basketball playoff season, players in the gaming industry can now receive their winnings instantly, thanks to a partnership between Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Aeropay, a… Read More

February 4, 2024 @ 1:26 pm By Omar Faridi  |  

Betterment at Work, a provider of modern financial benefits for today’s diverse workforce, announces the first commercial product that allows small business employers to automatically match employee student loan payments with a 401(k) contribution. Sarah Levy, CEO of Betterment, said: “We know that student debt… Read More