Tagged: fintech trends

October 23, 2022 @ 11:47 pm By Omar Faridi  |  

Swiss Fintech startup vestr has structured an oversubscribed financing round, “combining a traditional equity investment with a non-dilutive component.” Led by Elevator Ventures, the venture capital arm of Vienna-based Raiffeisen Bank International (RBI), the investment round “combines the resources of high-profile family offices in Switzerland,… Read More

October 23, 2022 @ 12:33 pm By Omar Faridi  |  

Enfuce, the “pioneering” issuer processing platform, has announced the launch of its dynamic spend management tool Authorization Control, which “empowers companies of any size, in any sector, to set transaction and spending controls for any card in real time.” Combined with Enfuce’s turnkey Card as… Read More

October 22, 2022 @ 6:00 pm By Omar Faridi  |  

FT Partners Research recently announced the publication of their Q3 2022 Crypto & Capital Markets Tech Insights report, providing the review of global deal activity for the Crypto & Blockchain and Wealth & Capital Markets Tech sectors “with analysis across private company financings, IPOs, and… Read More

October 21, 2022 @ 6:01 pm By Omar Faridi  |  

Financial institutions, fintechs and enterprise businesses can transform their card programs by empowering cardholders with new programmable payments capabilities from Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, and IncumbentFI, a provider of processing services that streamline collaboration between… Read More

October 20, 2022 @ 9:07 pm By Omar Faridi  |  

Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, announced its FinTech Integration Center, which “provides banks with secure, seamless connections to leading FinTech applications.” With the FinTech Integration Center, bank customers “can interact in real time with their banks directly from within… Read More

October 20, 2022 @ 7:59 pm By Omar Faridi  |  

ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced its partnership with FinTech Automation, a financial technology company that allows fintechs and traditional financial institutions (FIs) to offer various embedded finance and banking-as-a-service products. Through the partnership, FinTech Automation will… Read More

October 20, 2022 @ 6:07 pm By Omar Faridi  |  

ZSuite Tech, a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial clients, announced Manasquan Bank successfully deployed ZEscrow, the industry’s “first” completely digital commercial escrow solution, and ZRent, an automated rent and… Read More

October 20, 2022 @ 12:09 pm By Omar Faridi  |  

Lloyds Banking Group has introduced Innovation Sandbox in order “to accelerate its collaboration with Fintechs and improve the digital products and services it offers to customers.” Innovation Sandbox will reportedly “help the Group bring a variety of Fintech opportunities through the design and test cycle… Read More

October 19, 2022 @ 4:27 pm By Omar Faridi  |  

San Francisco-based financial technology firm, Cardless, Inc., and Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations in the United States, have “agreed to launch the Simon® American Express® Credit Card from Cardless.” Once launched, Cardmembers… Read More

October 19, 2022 @ 3:00 pm By Omar Faridi  |  

Larky, a fintech provider proactively connecting financial institutions with their audience in the right place and at the right time, has teamed up with Finastra to “provide enhanced mobile banking solutions for its customers.” Larky’s nudge is now “available on Finastra’s mobile banking platform, enabling… Read More

October 18, 2022 @ 11:31 pm By Omar Faridi  |  

UK-headquartered payments Fintech, allpay Limited, have teamed up with Salt Edge, a key player in Open Banking services, to enable businesses to offer customers, including people with vulnerable financial situations, a convenient payment experience, being a part of the larger financial inclusion initiative of the… Read More

October 18, 2022 @ 10:30 pm By Omar Faridi  |  

HR and payroll services provider, SD Worx, is committed to making additional investments in people-based Fintech services for its clients by working with Modulr, the embedded payments platform that supports quicker payroll payments. Traditional Bacs payments for payroll usually take around three business days to… Read More

October 17, 2022 @ 10:21 pm By Omar Faridi  |  

Just in time for seasonal holiday hiring, DailyPay, the provider of on-demand pay, announced the launch of a new function within its platform. With hourly shift workers in mind, the new ‘Shifts Worked’ tab “helps users understand how much they’ve earned for each individual shift,… Read More

October 17, 2022 @ 9:17 pm By Omar Faridi  |  

Merchant commerce omnichannel platform, Pine Labs announced that it has “entered the wearables segment in the consumer electronics category.” Shoppers in India can now “purchase wearable devices of select brands on a Buy Now Pay Later arrangement using Pine Labs’ PoS terminals.” Top brands offering… Read More

October 17, 2022 @ 6:23 pm By Omar Faridi  |  

Wealth management service provider Addepar has highlighted an important evolution for Addepar’s Salesforce integration, announced updates to their analysis tool, shared the latest investor sentiment derived from U.S. equity captured on the Addepar platform, and also provided additional resources for navigating the current market conditions…. Read More

October 16, 2022 @ 7:17 pm By Omar Faridi  |  

ZEBEDEE, a Fintech and next-generation payment processor for the gaming industry, announced a new initiative that “contributes open source code and products to the Bitcoin Lightning space.” The new not-for-profit and completely open source initiative “has already resulted in several products and code repositories that… Read More

October 14, 2022 @ 10:46 am By Omar Faridi  |  

TIFIN, the fintech platform known for Magnifi, an investment marketplace, recently announced the launch of their new premium subscription Magnifi Personal, aimed at “helping investors without enough time or knowledge to build and grow their portfolios with intelligence.” New and existing Magnifi investors can now… Read More

October 14, 2022 @ 9:00 am By Omar Faridi  |  

NorthOne recently announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne claims it is poised “to further expand the reach of its business banking and financial management platform across all sectors of the small business community.”… Read More

October 13, 2022 @ 9:45 pm By Omar Faridi  |  

FlapKap, a tech-enabled revenue-based financing platform in the Mena region, “revolutionizing” e-commerce growth, announced the close of its $3.6 million Seed round. The investment round “included participation from Bolt by QED, Nclude, Outliers, and A15.” This latest capital injection “comes six months after the company’s… Read More

October 13, 2022 @ 8:21 am By Omar Faridi  |  

GoHenry, the UK-headquartered provider of a pre-paid debit card and financial education app for kids, has secured $55 million in capital in order to fund its move into new markets. GoHenry has raised growth capital on a crowdfunding platform, pursuing multiple funding rounds on Crowdcube,… Read More