Tagged: fintech trends

September 4, 2023 @ 9:04 am By Omar Faridi  |  

The Houston Rockets and Toyota Center announced they have entered into a long-term partnership with DailyPay, an on-demand provider. In addition, DailyPay will become “the presenting partner of an Employee of the Month recognition program which will reward Rockets and Toyota Center event employees.” DailyPay… Read More

September 2, 2023 @ 10:20 am By Omar Faridi  |  

Users in Germany and the UK can now link their PayPal (NASDAQ:PYPL) account directly to Coinbase (NASDAQ:COIN) in order to buy cryptocurrencies, “providing a hassle-free, trusted, and secure purchasing and withdrawal option.” Coinbase now offers their German and UK users a quick and hassle-free method… Read More

September 1, 2023 @ 10:24 am By Omar Faridi  |  

The provider of “fixed fee” international transfers, Atlantic Money, is now offering its service to businesses for the first time – shortly after its inaugural year of operation. Starting today, companies in 29 countries can “send up to one million pounds abroad at the current… Read More

September 1, 2023 @ 10:15 am By Omar Faridi  |  

Nexo, the institution for digital assets, is redefining daily crypto transactions by unveiling the world’s first Dual Mode capability featuring both debit and credit. This strategic enhancement will further enrich the capabilities and user experience of the pioneering Nexo Card, released in 2022 in partnership… Read More

September 1, 2023 @ 9:13 am By Omar Faridi  |  

Klarna, the AI-powered payments network and shopping assistant, claims it has “taken the lead” in AI adoption as reportedly “one of the first early leaders deploying ChatGPT Enterprise, which brings the power of AI to all Klarna employees with beefed -up security, higher-speed and advanced… Read More

August 31, 2023 @ 3:47 pm By Omar Faridi  |  

Approximately one year after its launch, Nubank’s (NYSE:NU) “Caixinhas” has already established itself as one of the “favorite” investment solutions among the platform’s customers. By the end of August, the tool had reportedly “reached 8.6 million active customers, more than double the 3.5 million recorded… Read More

August 31, 2023 @ 11:38 am By Omar Faridi  |  

Archie – an innovative new fintech acceleration partner – launches with “a mission to scale the next generation of fintech disruptors that will define and lead the category.” With the belief that fintech founders need much more than financial backing to turn their ambitions into… Read More

August 30, 2023 @ 8:37 pm By Omar Faridi  |  

Trustly, a global payment method, today announces that it is joining forces with SlimPay, a European firm focused on recurring payments, to set “a new standard in recurring payments for merchants and consumers across Europe and the UK.” SlimPay’s platform combined with Trustly’s proprietary technology… Read More

August 29, 2023 @ 9:44 pm By Omar Faridi  |  

FT Partners Research is pleased to announce the release  of their new in-depth industry research report, “Innovations in Payroll and Human Capital Management.” As noted in the update shared by FT Partners with CI, the global payroll industry is currently in the process of “undergoing… Read More

August 29, 2023 @ 9:41 pm By Omar Faridi  |  

LemFi, a Fintech platform transforming financial services for immigrants, has raised a $33 million Series A round led by Left Lane Capital. Other investors included Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree. Each year, millions of immigrants “move abroad to start new lives, and… Read More

August 29, 2023 @ 6:52 pm By Omar Faridi  |  

We recently caught up with Travis Schwab, Founder and CEO of Eventus – a global provider of multi-asset class trade surveillance, algo monitoring, and risk control solutions. According to the firm, Travis has a deep background in capital markets and over 25 years of experience… Read More

August 29, 2023 @ 1:01 pm By Omar Faridi  |  

Ecosystems in the East and West are to promote startups and investments in AI, Web3, and crypto currencies have taken measures to add new life in a sector that has been facing headwinds from risk aversion and rising inflation rates, a review compiled by The… Read More

August 29, 2023 @ 10:19 am By Omar Faridi  |  

The team at Fintech Plaid are pleased to have Cecilia Frew join the open banking provider as their Head of Open Finance. As the industry comes together to establish data connectivity standards and embrace digital finance, Plaid’s relationship with financial institutions “continues to evolve.” Today,… Read More

August 28, 2023 @ 9:08 pm By Omar Faridi  |  

The team is pleased to share that GradRight has raised ₹50 crore ($6.1 million) in Series A funding from IvyCap Ventures Advisors Private Limited. This investment round will allow for “a scale-up of our AI-based platform that makes quality international higher education more accessible and… Read More

August 26, 2023 @ 7:39 pm By Omar Faridi  |  

Maybank introduced the myimpact credit card, in efforts “to empower its customers towards making better sustainable life choices which will impact the next generation.” The credit card, which is “made from bio-sourced polylactic acid, features a ground-breaking initiative deemed first-of-its-kind in the country, provides mechanisms… Read More

August 26, 2023 @ 3:32 pm By Omar Faridi  |  

The Addepar platform has shared updates, research insights and client, partner and company developments. In August, Addepar made their Help Center more accessible by “bringing it in-app and introduced group automation to simplify and streamline group management.” Addepar released new research “on manager selection in… Read More

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 25, 2023 @ 10:12 pm By Omar Faridi  |  

Citi (NYSE: C), which claims to be a global leader in foreign exchange (FX) markets, has made a strategic investment in Rextie, Peru’s fintech for FX services. The investment makes Rextie Latin America’s first FX fintech “to receive an investment from one of the largest… Read More

August 25, 2023 @ 10:09 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced the expansion of eCash acceptance capabilities for lenders and other businesses to accept bill and loan installment payments from their customers at nearly 100,000 U.S. retail locations. By digitizing and integrating cash payments,… Read More

August 24, 2023 @ 10:08 pm By Omar Faridi  |  

Mastercard (NYSE:RSKD), a global technology company, is partnering with UAE-founded spend management fintech company Qashio in order “to launch corporate credit cards, while enabling them with virtual issuance capabilities across the region.” The strategic partnership aims “to make the future of expense management cashless, transparent… Read More