Tagged: fintech trends

November 14, 2022 @ 8:10 am By Omar Faridi  |  

iCapital, the fintech platform driving access to alternative investments for the wealth management industry, announced the recent expansion and official opening of its new Lisbon office “as the company’s global hub for technology development and operations.” In the past 24 months, iCapital increased its global… Read More

November 13, 2022 @ 5:43 pm By Omar Faridi  |  

Fintech Connect 2022, Europe’s Fintech event for the entire ecosystem, recently released its 2022 Industry Benchmark Report, Fintech in Flux: Thriving in the Age of Uncertainty, showing that customers “remain the biggest focus, with 86 per cent of respondents investing in AI to stay competitive.”… Read More

November 12, 2022 @ 3:18 pm By Omar Faridi  |  

Globally, rising inflation, a higher cost of living, and slower wage growth are impacting the lives of people right around the world. A recent report suggested that many consumers are turning to physical cash to help manage their finances amid the cost-of-living crisis. But Muhannad… Read More

November 12, 2022 @ 9:25 am By Omar Faridi  |  

The latest funding round closed by Fintech Ramp brings the total raised by the firm to $122.7m over the past 12 months alone, “despite the current crypto bear market.” Ramp says it is pleased to announce that they’ve just secured $70M via their series B… Read More

November 11, 2022 @ 7:53 am By Omar Faridi  |  

Blnk, a fintech startup that enables instant consumer credit in Egypt, has “raised $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the country.” The funds will support “further development of Blnk’s… Read More

November 10, 2022 @ 4:15 pm By Omar Faridi  |  

Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s data-driven fintech and e-commerce ecosystem, announced the establishment of a strategic cryptocurrency payment partnership with Canada-based CoinSmart Financial Inc, a Toronto-headquartered crypto asset trading platform. Under this paradigm-shifting collaboration, SmartPay by CoinSmart “provides transaction settlement services in… Read More

November 10, 2022 @ 7:54 am By Omar Faridi  |  

KodyPay, a payments company, has raised an additional $5 million in Q3 2022. The financing round involved major shareholders “alongside new strategic investors bringing the total funding raised to US$10 million.” KodyPay claims that it “brings the ease and optionality of online payments to brick… Read More

November 9, 2022 @ 10:47 pm By Omar Faridi  |  

Shieldpay, the Fintech solving complex B2B payments, has announced its partnership with Checkout.com, the global payments platform, “to support customers that need more than just straight-through-processing.” This partnership will allow Checkout.com “to leverage Shieldpay’s unique payment engine and digital escrow capabilities to address the payment… Read More

November 9, 2022 @ 9:34 pm By Omar Faridi  |  

PayTabs — MENA and South Asia’s payments Fintech — in a new move announced that it plans “to acquire a 100% stake in Digital Pay, Saudi Arabia.” Under the terms of the acquisition, Digital Pay will “serve as PayTabs’ flagship point of sale (POS) terminal… Read More

November 8, 2022 @ 10:57 pm By Omar Faridi  |  

Finastra, a global provider of financial software applications and marketplaces, and Jifiti, a global fintech company, announced a collaboration “to extend embedded finance capabilities to all financial institutions in the Finastra BaaS (Banking as a Service) ecosystem.” Banks will be able “to deliver financing offerings… Read More

November 8, 2022 @ 1:14 am By Omar Faridi  |  

Paysera has reportedly made an agreement with the global Fintech platform Airwallex. This agreement opens the gateway for Paysera’s customers to send funds to 149 different countries and open IBAN accounts of 9 countries. Bashkim Zeqiri, the Vice President of the Paysera Group, and the… Read More

November 7, 2022 @ 10:27 pm By Omar Faridi  |  

Enjaz Payment Services Company, a Fintech company licensed by the Saudi Central Bank announced a partnership with Thunes, a global player focused on cross-border payments. This agreement will help customers in Saudi Arabia “to make instant international transfers globally to bank accounts and digital wallets… Read More

November 7, 2022 @ 8:17 pm By Omar Faridi  |  

Fintech Galaxy, which claims to be the “industry-leading” financial innovation company, has become the first central bank regulated Open Finance platform in the MENA region “after receiving a license from the Central Bank of Bahrain (CBB), allowing the firm to operate as a regulated Third-Party… Read More

November 7, 2022 @ 3:11 pm By Omar Faridi  |  

impak Ratings, an impact analysis, and ratings Fintech, acquires 100% of London-based Exerica’s assets to expand its AI capabilities. Exerica’s entire team will be “integrated into impak’s production processes along with its proprietary AI data extraction and contextualization software.” This will “increase production capacity for… Read More

November 6, 2022 @ 10:28 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), which claims to be the global financial technology platform of choice for leading businesses, recently announced a partnership with Teamwork Commerce, a mobile POS and OMS omnichannel retail solution, in the U.S. and Europe. Integrating Adyen’s technology and Teamwork’s cloud-based mobile POS… Read More

November 6, 2022 @ 9:31 pm By Omar Faridi  |  

The global wealth and asset management segment of Manulife Financial Corporation, Manulife Investment Management recently announced its cooperation with Singapore-headquartered environmental, social, and governance (‘ESG’) fintech Hashstacs Pte Ltd (‘STACS’). The cooperation centers “around the usage of STACS’ ESGpedia digital registry, which powers the ESG… Read More

November 6, 2022 @ 8:43 pm By Omar Faridi  |  

iLex, a Platform-as-a-Service fintech that designs, builds and operates digital market infrastructures for the US$6 trillion syndicated loans and private credit market, announced recently that it “has US$10 billion of assets listed on its platform.” The number of market participants across APAC and EMEA on… Read More

November 6, 2022 @ 4:07 pm By Omar Faridi  |  

Zilch, which claims to be one of the world’s first Commerce Cards, recently announced it has surpassed the 3 million customer milestone – “outpacing fintech heavyweights like Revolut, Starling Bank and N26.” Zilch’s direct-to-consumer approach “continues to outperform the market showing significantly stronger levels of… Read More

November 5, 2022 @ 4:40 pm By Omar Faridi  |  

Finastra has announced that NBP (National Bank of Pakistan) has implemented Finastra’s Fusion Trade Innovation solution “to power its trade finance operations.” InfoTech (Pvt) Ltd., a systems integrator and Finastra’s exclusive authorized and certified reseller in Pakistan, “led the deal and implemented the solution, which… Read More

November 4, 2022 @ 2:58 pm By Omar Faridi  |  

Airbase, the “fast-growing” spend management solution, announced that the company is rolling out a series of new product capabilities that “expand its all-in-one spend management platform to support the sophisticated purchasing processes of today’s mid-market and larger companies.” These new capabilities “help ensure compliance by… Read More