Tagged: infrastructure

European Fintech Enfuce, Science Card Introduce Card to Fund Science via Payment Activity

Card issuing and processing pioneer Enfuce has teamed up with UK neobanking start-up Science Card in order to launch a payments card, which forms “part of a new infrastructure for funding scientific research, designed to create the future earlier rather than later.” Science Card’s customers… Read More

AI Adoption: Financial Infrastructure Firm Stripe to Help Monetize OpenAI’s Products, Enhance Fintech Platform with GPT-4

Stripe, a financial infrastructure platform for businesses, announced OpenAI has chosen Stripe to power payments as it “moves to commercialize its groundbreaking ChatGPT and DALL·E generative AI technologies.” Stripe is also “incorporating OpenAI’s new natural language technology, GPT-4, into its products and services.” Peter Welinder,… Read More

Frankfurt-based Fintech Cashlink Finalizes Series A Round

Cashlink, the Frankfurt-based Fintech providing infrastructure for tokenized assets, has closed a Series A funding round in the mid-seven-figure range. New investors on board “include Swiss venture capitalist TX Ventures, as well as Futury Capital, Beteiligungs-Managementgesellschaft Hessen and several business angels.” In addition, existing investors… Read More

Binance Introduces Prepaid Cryptocurrency Card in Colombia

Binance, which claims to be the world’s leading blockchain and cryptocurrency infrastructure provider, has announced the launch of Binance Card in Colombia. One of Binance‘s top markets boasting high levels of crypto adoption, Colombia becomes the third country in Latin America “to support the product,… Read More

Nationwide Building Society to Enhance Digital Payments System with Accenture, Form3

Nationwide Building Society has selected Accenture (NYSE: ACN) and Form3 to transform its digital payments infrastructure through the adoption of “a cloud native platform, aiming to enhance the customer experience with seamless, secure and fast transactions.” As digital payments continue to grow, the cost-efficient solution… Read More

Fintech Monnai Secures $6.5M to Support Goal of Becoming Source of Truth for Financial Tech Decision-Making

Driven by strong market momentum and customer traction, Monnai, provider of the world’s first global consumer insights infrastructure for financial institutions, announced a $6.5 million Series A funding round led by Tiger Global. Better Tomorrow Ventures, which “led the company’s seed round six months earlier,… Read More

Web3 Infrastructure Firm Mysten Labs Signs MoU with Alibaba Cloud

Mysten Labs, a Web3 infrastructure company and initial developer of the Sui Layer 1 blockchain, announced the signing of a Memorandum of Understanding with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. Under the terms of the MOU, Alibaba Cloud will aim… Read More

Amazon Web Services (AWS) to Introduce an Infrastructure Region in Malaysia

Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), announced plans to launch an AWS infrastructure Region in Malaysia. The new AWS Region will “give developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, greater choice for running their applications and… Read More

Berlin’s Upvest Supports Vivid in Launching European ETF, Stock Offering

Berlin-based infrastructure fintech Upvest supports the mobile banking and investment app Vivid with its Investment-API, “enabling Vivid to expand its range of investment opportunities for private investors.” Upvest’s API solution allows Vivid’s end-customers “to invest in European ETFs and stocks with all relevant shareholder rights… Read More

Fintech iLex Finalizes $4.5M Pre-Series A to Accelerate Digitization of Syndicated Loan, Private Credit Markets

iLex, a market infrastructure provider for syndicated loan and private debt markets, announced it has raised US$4.5 million in new capital. The investment round was “led by QBN Capital, with participation from existing and new investors.” This brings iLex’s total equity fundraising to US$8.5 million…. Read More

Sarah Howell: SVP of Partner Programs at Infinant Says Banks Must Combine a Traditional Market Strategy and Ecosystem Strategy to Survive

We recently caught up with Sarah Howell, SVP of Partner Programs at Infinant, a financial technology company that provides pioneering infrastructure to help banks build embeddable financial products above their legacy banking technology. Sarah Howell shared her insights on the origins of the ecosystem strategy,… Read More

Verifone Selects Lacework to Secure Cloud Infrastructure

Lacework, the data-driven cloud security company, announced that Verifone, a global FinTech and payment solution provider to the world’s best-known brands, has selected the Lacework Polygraph Data Platform “to help secure its cloud infrastructure as the company moves to a cloud-native DevSecOps model.” Verifone’s platform… Read More

Digital Infrastructure Firm Colt Technology Services Expands Partnership with Equinix in Key Regions

Colt Technology Services, the digital infrastructure company, announced new software-driven connectivity in three countries, expanding its longstanding collaboration with Equinix, Inc (Nasdaq: EQIX). Businesses now “have access to Colt’s On Demand infrastructure interconnecting with Equinix Fabric in Spain, Italy and Sweden, as well as in… Read More

Fintech Pagos Secures $34M to Expand Vital Cost, Revenue-Impacting Payment Intelligence

Pagos, a payment intelligence company that empowers businesses to optimize their digital payment infrastructure and maximize revenue, lower payments costs, and reduce fraud,  announced an oversubscribed $34 million Series A investment led by Arbor Ventures, a global fintech-focused venture firm. Additional participating investors “include Point… Read More

Fintech Stripe Expands Network Tokens, Card Account Updater to Improve Conversion

Stripe, a financial infrastructure platform for businesses, announced the expansion of its network tokens and card account updater in partnership with Visa, Mastercard, and American Express. Together, these features “help businesses protect revenue, increase authorization rates, and reduce the churn that occurs when customers’ credit… Read More

Digital Assets: Cobo, Coincover to Provide Disaster Recovery

Coincover, the digital asset protection company, announces a new partnership with Cobo, which claims to be the largest digital asset custodian and blockchain infrastructure provider in the Asia Pacific (APAC) region. This news comes shortly after Coincover’s recent successful $30 million funding round. Cobo explains… Read More

Trading Technologies Partners with European Derivatives Exchange Eurex Frankfurt AG

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Eurex Frankfurt AG, the European derivatives exchange, announced that they have “entered into a commercial partnership in which TT will offer direct access to the Eurex EnLight… Read More

Fintech Stripe Launches Enhanced Issuer Network

Stripe, a financial infrastructure platform for businesses, announced the launch of Enhanced Issuer Network, a set of partnerships with major US card issuers. Stripe provides secure access “to transaction fraud scores from Stripe Radar, its fraud prevention solution, through an encrypted pathway with issuers including… Read More

Digital Assets: Taurus Secures $65M to Develop Platform, Fuel Global Expansion

Taurus SA, the digital asset infrastructure provider for financial institutions in Europe, is pleased to announce a $65 million Series B capital raise from strategic investors. Taurus’ Series B investment round is “led by Credit Suisse and includes participation from new institutional investors such as… Read More

Arrcus, a Multi-Cloud Network Infrastructure Provider, Raises $50M to Support 5G, Data Center Technologies

Arrcus, the hyperscale networking software company and a leader in core, edge and multi-cloud network infrastructure, announced the close of a financing round “that brings to $50 million the total capital raised since the last venture financing round.” Prosperity7 Ventures is leading the Series D… Read More

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