Tagged: infrastructure

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

Redaptive, Inc., the Energy-as-a-Service (EaaS) leader, has announced it secured $125 million in financing from Deutsche Bank’s US Private Credit & Infrastructure group in order “to help accelerate metering, HVAC, solar, LED, EV, and other efficiency and sustainability solutions.” The warehouse facility provided by Deutsche… Read More

August 24, 2023 @ 11:40 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Current, a U.S. fintech platform dedicated to empowering Americans in their pursuit of a brighter financial future, today announced the launch of a new credit building product. Together, the two companies will… Read More

August 23, 2023 @ 11:21 am By Omar Faridi  |  

Thales announces the launch of Thales payShield Cloud HSM, a subscription-based digital payments security service built “on its payShield 10K Payment Hardware Security Module (HSM) technology to help customers accelerate the adoption of cloud-based payments infrastructure.” For more than 30 years, Thales’s payment HSMs have… Read More

August 22, 2023 @ 9:12 pm By Omar Faridi  |  

The International Cricket Council (ICC), together with official fintech infrastructure partner and real-time global payments platform, Nium, invited all cricket-loving technologists to enhance the world of cricket through innovation as part of the second edition of the Next In hackathon. The “Next In” hackathon is… Read More

August 22, 2023 @ 11:17 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Delphinus Lab, an infrastructure provider that has implemented the first known open-source zkWASM virtual machine that supports trustless computation and application SDKs. zkWASM technology enables developers “to craft zero-knowledge (ZK) applications using… Read More

August 22, 2023 @ 6:41 am By Omar Faridi  |  

The new CFO joins WealthKernel to steer the company’s strategic vision. WealthKernel, a provider of digital investment infrastructure, recently confirmed the appointment of Aqsa Tariq as its new Chief Financial Officer. Having held key positions at FNZ Group, Goldman Sachs International, and EY LLP, Aqsa… Read More

August 21, 2023 @ 5:47 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is proud to join forces with The Empty Stocking Fund (ESF) and Caden Teaches Finances in order “to support Atlanta educators and young learners.” Miriam L. Wallach, Head of Social Responsibility at Cross… Read More

August 12, 2023 @ 11:18 am By Omar Faridi  |  

TerraPay, a global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), “marking a significant step towards being a payments company with the most regulatory approvals.” With this coveted approval from MAS,… Read More

August 9, 2023 @ 12:15 pm By Omar Faridi  |  

On July 30th, 2015, the Genesis block of Ethereum was created. Eight years later, today Ethereum is the dominant blockchain network “with growing developer interest, lower transaction fees, and faster settlement times.” Yet, fewer than 0.5% of the 100 million developers worldwide “are actively building… Read More

August 8, 2023 @ 9:22 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, recently announced that Steffan Tomlinson will join the company as chief financial officer. Steffan reportedly has more than 25 years of experience “in the finance industry, most notably with Confluent, Google Cloud, and Palo Alto Networks.” According to… Read More

July 30, 2023 @ 11:39 am By Omar Faridi  |  

Aethir, a pioneer in Decentralized Cloud Infrastructure (DCI), recently announced the completion of its Pre-A funding round, bringing the total value raised “to date to over USD$9 million and the company valuation to USD$150 million.” The investment round was led by global investors, “including Sanctor… Read More

July 27, 2023 @ 8:24 pm By Omar Faridi  |  

Q-CTRL, a global firm focused on developing useful quantum technologies through quantum control infrastructure software, announced the addition of Morpheus Ventures as a new investor in their record-setting Series B funding round, which has raised $54 million USD. Morpheus Ventures, “known for its expertise in… Read More

July 26, 2023 @ 3:34 pm By Omar Faridi  |  

Rainbow Energy says they have some updates for their business customers. They are now working with Funding Circle (LSE: FCH), which claims to be the leading platform for small business loans, as a trusted partner in order “to help small businesses get the infrastructure in… Read More

July 23, 2023 @ 5:33 pm By Omar Faridi  |  

Primer, the payments automation platform offering the infrastructure for effortless commerce experiences, today announces its new partnership with Volt, the company building the global infrastructure for real-time payments, “enabling access to instant bank payments to Primer’s customers.” The tough economic climate in the UK, “driven… Read More

July 19, 2023 @ 9:36 pm By Omar Faridi  |  

Paddle, the complete payments infrastructure provider for software companies, announces AI Launchpad, a new 6-week program run by Paddle aimed at empowering ambitious software founders to build, launch and scale their AI-powered business ideas. Working with industry experts, participants will “receive tailored guidance and actionable,… Read More

July 18, 2023 @ 10:33 pm By Omar Faridi  |  

Euroclear, the global provider of financial market infrastructure, recently announced the completion of its acquisition of Goji. Euroclear announced its intent to acquire Goji on 12 December 2022. Financial terms of the transaction were “not disclosed.” The acquisition of Goji aligns “with Euroclear’s strategy of… Read More

July 11, 2023 @ 12:20 pm By Omar Faridi  |  

NovoPayment, a mission-critical financial and payments infrastructure provider, released Orchestra 2.0, an advanced cloud-based middleware orchestration layer of its BaaS platform. Orchestra is designed “to help financial institutions quickly modernize their infrastructure in a more secure, scalable, and cost-effective way.” The solution enhancements “include more… Read More

July 11, 2023 @ 11:22 am By Omar Faridi  |  

RTGS.global, the Financial Market Infrastructure (FMI) streamlining cross-border settlements, has signed “landmark” pilot agreements with two innovative banks as momentum builds in emerging markets for its settlement service. MDO Humo in Tajikistan and Credo Bank in Georgia are the progressive institutions that will run pilots… Read More

July 10, 2023 @ 6:05 am By Omar Faridi  |  

While Decentralized Physical Infrastructure Network (DePIN) development is still nascent, there has “been considerable progress over the past five years with startups seeking to disrupt traditional, multibillion-dollar infrastructure industries such as server (cloud), wireless telecom, sensor networks, and energy and transportation,” according to an update… Read More