Tagged: financial technology

August 26, 2023 @ 3:10 pm By Omar Faridi  |  

  As the banking landscape rapidly evolves, we decided to speak with Amit Dua, President at SunTec, a technology partner that claims to work with the world’s largest banks, helping them to improve their customer experience, pricing strategies, and ESG approach through technology-led solutions. Amit… Read More

August 17, 2023 @ 8:33 am By Omar Faridi  |  

Payoneer Singapore Private Limited, a subsidiary of Payoneer Global Inc. (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized enterprises (SMEs) to transact, do business, and grow globally, has been “granted a Major Payment Institution License from the Monetary Authority of Singapore… Read More

August 14, 2023 @ 8:49 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Loan” to provide consumer microfinance solutions through financial technology. With Loan, there are now six authorized companies “offering consumer microfinance solutions in Saudi Arabia.” This decision reflects SAMA‘s endeavor “to support the finance sector, increase efficiency of financial transactions,… Read More

August 12, 2023 @ 4:23 pm By Omar Faridi  |  

Blackboxstocks, Inc. (NASDAQ: BLBX), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders, announced the launch of the beta program “for the company’s new portfolio alert product StockNanny, featuring real-time data from Nasdaq.” StockNanny leverages the real-time… Read More

August 12, 2023 @ 11:25 am By Omar Faridi  |  

Enterprise fintech VC deal activity continued “to decelerate in Q2,” according to a comprehensive update from Pitchbook. VC deal value this quarter has reportedly “decreased 11.9% YoY to $10.6 billion.” Excluding the Stripe deal, VC deal value “was $3.7 billion, representing declines of 69.2% YoY… 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

July 16, 2023 @ 11:42 am By Omar Faridi  |  

Key findings and insights from primary research on the evolution and growth of the gig economy workforce were released by the study’s supporter, PayQuicker, an innovative financial technology firm focused on the global payouts market. The research, conducted by gig economy experts Dr. Robert A. Peterson,… Read More

July 15, 2023 @ 8:37 pm By Omar Faridi  |  

CFIT, the Centre for Finance, Innovation and Technology, announced that its initial ‘Open Finance Coalition’ will demonstrate the power of leveraging financial data to deliver better financial outcomes to consumers and SMEs. It also announced the first coalition partners who have “committed to progressing Open… Read More

July 10, 2023 @ 5:12 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, announces the launch of Data Connect for Marketing, a new product enabling omnichannel retailers to leverage payments data to improve marketing initiatives and provide an enhanced understanding of customers. Unique profile identifiers… Read More

June 29, 2023 @ 8:00 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will “provide a range of payment services, including connection to… Read More

June 28, 2023 @ 8:41 am By Omar Faridi  |  

Fennech Financial, an innovator in the financial technology sector, is pleased to announce that it has successfully raised £2.3 million in its latest round of funding. The investment round was “led by Lloyds Banking Group, who contributed a substantial £2 million, alongside some high-profile individual… Read More

June 26, 2023 @ 6:04 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, announces a new global partnership with Shopify, a provider of essential internet infrastructure for commerce, “to strengthen ecommerce capabilities, simplify the customer journey and solve payment complexity for enterprise merchants.” As part… Read More

June 21, 2023 @ 11:25 pm By Omar Faridi  |  

Wealth-as-a-Service platform OneVest announced CAD$17M in Series A funding as it aims to improve the wealth management experience for both financial institutions and their customers. The investment round, “which is led by OMERS Ventures with participation from existing investors Luge Capital, Panache Ventures, AAF Management,… Read More

June 20, 2023 @ 11:02 pm By Omar Faridi  |  

Finance Secretary Benjamin E. Diokno and Ambassador of India to the Philippines Shambhu Santha Kumaran signed a memorandum of understanding (MOU) on June 19, 2023 at the Department of Finance (DOF) office in Manila “to enhance cooperation between the Philippines and India in the field… Read More

June 17, 2023 @ 4:26 pm By Omar Faridi  |  

MoneyGram International, Inc., a global financial technology company that connects the world’s communities, released the findings of a new consumer survey, which explores key trending factors and future growth drivers in the global payments industry, taking into account economic impact, digital adoption and demographic behaviors…. Read More

June 5, 2023 @ 11:34 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, announces the launch of Payout Services. This offering reportedly “enables Adyen’s customers to payout acquired funds in the preferred method of their affiliated users or partners with increased velocity, and represents Adyen’s… Read More

June 4, 2023 @ 6:28 am By Omar Faridi  |  

Aliaswire, Inc., a provider of innovative payment and financial technology services, announced that Onboard Partners, LLC has acquired its Payvus small business credit card issuing and capital management business. The acquisition of the Payvus business, technology and intellectual property “will expand Onboard’s already successful financial… Read More

June 2, 2023 @ 8:37 am By Omar Faridi  |  

FintechOS, the fintech enablement platform, announced a series of accomplishments from 2022 to the present, illustrating its momentum and leadership in the new industry category of fintech enablement. The accomplishments illustrating the momentum of FintechOS, and the interest of financial institutions in “modernizing and innovating… Read More

May 31, 2023 @ 7:06 pm By Omar Faridi  |  

Onbe, a business to consumer disbursements financial technology company, announces the addition of PayPal and Venmo functionalities to its product offerings. With PayPal and Venmo, Onbe’s clients now “have more options to provide fast, seamless and secure digital choices to their recipients within Onbe’s existing product… Read More

May 27, 2023 @ 4:52 pm By Omar Faridi  |  

NYMBUS, a provider of Fintech solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors. This investment round was “led by global software investor Insight Partners and bolstered by additional investments from… Read More