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US-based fintech innovator MX has announced a new round of financing to infuse the company with USD 300 million in capital as it reaches a valuation of nearly USD 2 billion.
MX, fintech, startup, investment, funding, banking, personal finance
Sweden-based Medius and Pagero have partnered to allow their joint customer base to receive and process e-invoices in a variety of formats across the globe.
Medius, Pagero, partnership, e-invoices, scf, trade finance, e-documents, Medius AP
Moneyhub, Aon, UK, partnership, financial wellbeing, app, Well One Money, Open Finance, personal financial management, platform, data aggregation
UK, EU, finance cooperation, financial services, regulators, Brexit, Memorandum of Understanding, MOU
i2c, a provider of digital payment and banking technology, has partnered with Jifiti, a consumer financing platform working to facilitate loan programs for banks, lenders, and merchants throughout Europe.
Jifiti, i2c, fintech, POS finance, retail, loan program, online payments
Jo Ann Barefoot, Alliance for Innovative Regulation, interview, digitisation, fintech, regtech, digital identity, financial inclusion, financial regulation, fair finance, innovation, technology, financial crime
Surecomp, Absa Group, Africa, trade finance, digitisation, IMEX, South Africa, bank
Indonesia-based fintech Alami Technologies, has announced that it has raised over USD 20 million in equity and debt funding in a round led by AC Ventures and Golden Gate Ventures.
Alami, Indonesia, equity, debt funding, trade finance, MSMEs, sharia finance, fundraise
Shinhan Bank, a large commercial bank in South Korea, has announced plans to offer digital asset custody services.
CBDCs, South Korea, decentralised finance, Shinhan Bank, digital assets, custody services, crypto
VibePay, VibePay Business, payments, finance
Nucleus Commercial Finance, UK, CBILS, alternative lender, lending, fintech, coronavirus, government backed loan, loan scheme
Belgium-based wealthtech firm InvestSuite has finalised its third seed funding worth EUR 3 million from existing investors PMV, AB Accelerator, 365.fintech, and others.
InvestSuite, investment, funding, AI, digital finance, wealth management
UK-based Lloyds Banking Group has decided to run a 6-month trial or pilot of an invoice financing platform offered by Satago Financial Solutions.
Lloyds, Satago, partnership, e-invoicing, UK, invoice finance, SME
A group of UK-based startups has asked the Financial Conduct Authority (FCA) to look into ending the control of traditional banking institutions, specifically their use of consumer data.
UK, fintech, FCA, Open Banking, banks, financial services, Coadec, Open Finance, TransferWise
State Bank of India has announced it will be offering trade finance solutions and services to Israeli corporate businesses following the recent Abraham accords.
State Bank of India, SBI, Abraham accords, Israel, banking solutions, trade finance
Finantier, a Singapore-based open finance startup, has been accepted into Y Combinator’s Winter 2021 startup batch.
Finantier, Singapore, API, Open Banking, KYC, funding, Open Finance, Asia, banking
Liberis, financing, SME, embedded business finance, platform, UK, COVID-19, small business, cash flow, bank, lender, CBILS
Finverity has partnered with the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM), Abu Dhabi’s international financial centre, to boost supply chain finance.
banks, fintechs, supply chain finance, UAE, data, KYC, credit scoring, risk scoring, lending, finanacial data
Trade finance, bank, Euro Exim, RippleNet, payments, payment provider, digital asset exchange, xCurrent, On-Demand Liquidity, ODL, blockchain, XRP, cross-border payments
TReDS, M1xchange, investment, RBI, Reserve Bank, Singapore, BENEEXT Asia, Mayfield, SCF, supply chain finance, licence, MSME