Articles with tag: growth

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Kish Bank partners with CSI Core for digital growth support

News | Online & Mobile Banking | 14 Oct 2020

End-to-end fintech and regtech solutions provider CSI has been selected by US-based Kish Bank to help the bank realise its growth goals and support its focus on digital transformation.

Kish Bank, CSI Core, fintech, regtech, end-to-end, bank, growth, digital transformation, branch transformation, digital channels, banking, in-person banking, cloud based, NuPoint, core platform, P2P payments, chat support, financial management

India, trading partners face USD 38 bln growth opportunity, Standard Chartered report

News | E-invoicing, SCF & E-procurement | 13 Oct 2020

Standard Chartered has released its Trade Opportunity Report, revealing how businesses could increase exports to India by more than USD 21 billion annually.

India, trading, trade growth, Standard Chartered, Trade Opportunity Report, exporter, bilateral trade, trade opportunity, COVID-19, US, Malaysia, Indonesia, Singapore, UK, ASEAN, Thailand, Vietnam, South Korea, France, Germany

Mastercard rolls out SMEs digital readiness diagnostic tool

News | Payments General | 02 Oct 2020

Mastercard has announced the US launch of the Small Business Digital Readiness Diagnostic, a free online tool to help entrepreneurs go digital.

SMEs, digitalisation, business strategy, management, operations, business growth, marketing, payments, Mastercard

Liquidity Capital, MUFG secure USD 80 mln initiative for Asia-based startups

News | Payments General | 11 Aug 2020

Israel-based AI technology firm Liquidity Capital has partnered with Japan-based MUFG Bank to determine the feasibility of issuing loans to Asian startups.

Liquidity Capital, MUFG Bank, initiative, Asia, startups, Singapore, Israel, Japan, Mars Growth Capital, Mars Growth, AI technology, bank accounts, accounting information, financing, ecommerce, Mitsubishi UFJ Financial Group, Meitav Dash Investments

PPRO announces 85% in transaction volume

News | Online Payments | 05 Aug 2020

PPRO, a payments platform-as-a-service, has reported an 85% increase in transaction volume from 2019, highlighting the opportunities for cross-border ecommerce amidst the pandemic.

PPRO, pandemic, COVID-19, coronavirus, Sprints, Citi, payments, platform-as-a-service, transaction, cross-border ecommerce, ecommerce, HPE Growth, Financial Technology Partners, Noerr, Germany, Singapore, Brazil

Volante Technologies receives USD 35 mln of growth funding

News | Payments General | 03 Aug 2020

Volante Technologies has raised USD 35 million in growth equity financing led by Wavecrest Growth Partners with strategic participation from BNY Mellon, Citi Ventures, PostePay, and Visa.

Volante Technologies, funding, Wavecrest Growth Partners, BNY Mellon, Citi Ventures, PostePay, Visa, payments, Open Banking, cloud

USD 26 mln in grants to help recovery of small businesses

News | Payments General | 31 Jul 2020

Minister for Regional Growth and Local Government has announced that smaller businesses in UK will benefit from USD 26 million of new government funding.

Minister for Regional Growth and Local Government, UK, SMBs, funding, technology, Kickstart Scheme, England European Regional Development Fund, Growth Hubs

Financial Data Exchange launches in Canada

News | E-invoicing, SCF & E-procurement | 30 Jul 2020

Financial Data Exchange (FDX), a US-based non-profit organisation dedicated to developing an industry standard for financial data sharing, has launched in Canada.

data, exchange, Canada, Financial Data Exchange, FDX, US, Bank of Montreal, Capital One, CIBC, Desjardins, FinTech Growth Syndicate, Flinks, Interac, Koho, Plaid, Visa, banks, API, fintech, payments, network

US-based True Link secures USD 35 mln for financial services

News | Payments General | 29 Jul 2020

Financial services startup True Link has closed a Series B of USD 35 million aimed at three typically marginalised markets — elderly, disabled people, and those who are recovering from addiction.

True Link, financial services, marginalised markets, startup, investment, Khosla Ventures, Centana Growth Partners, insurance, credit-based services, True Link Card for Vulnerable Elders, True Link Card for People in Recovery, True Link Card

Thought Machine secures USD 42 mln in additional funding

News | Online & Mobile Banking | 28 Jul 2020

Thought Machine, a banking technology company, has raised an additional USD 42 million in funding for its series B round.

Thought Machine, banking, technology, Eurazeo Growth, British Patient Capital, SEB, Royal Park Partners, Draper Esprit, Lloyds Banking Group, IQ Capital, Backed, Playfair Capital, APAC, US, Australia, payments

SignD secures EUR 1 mln growth capital from primeCROWD investors

News | Digital Identity, Security & Online Fraud | 27 Jul 2020

Austria-based KYC services provider SignD Identity has received EUR 1 million in new growth capital from the primeCROWD investor network. 

SignD, growth capital, investment, primeCROWD, digitisation, covid19, lockdown, Austria, KYC, proof of identity, regulatory standards, banking, identity, consumer enrolment, digital onboarding, AML, PEP, QES

UK government rolls out fintech review

News | Payments General | 22 Jul 2020

The UK government has launched the independent ‘FinTech Strategic Review’ to establish a roadmap for future success, according to fintechmagazine.com.

UK, United Kingdom, government, fintech, fintech review, HM Treasury, Budget 2020, venture capital, market growth, fintech sector

Digital Deal Making platform launches to resolve SME financing gap

News | Cryptocurrencies | 21 Jul 2020

Maksab, a deal making digital platform, has officially launched to support the Small and Medium Sized sector.

Ethereum blockchain, smart contracts, advisors, finance, Maksab, SMEs, growth capital, virtual environment, ERC-20 smart contract

EU-funded project launched for PPI solutions in Europe

News | E-invoicing, SCF & E-procurement | 16 Jul 2020

The COSME programme has launched PRONTO January 2020 to inspire, inform and support public buyers in designing, implementing and monitoring PPI procedures.

COSME programme, PRONTO, EU, Europe, PPI procedures, SMEs, economic growth

Greensill, Metro Bank, OakNorth, and Secure Trust Bank join CLBILS

News | Payments General | 11 Jun 2020

The British Business Bank has announced new lenders added to its coronavirus lending schemes.

Greensill, Metro Bank, OakNorth, Secure Trust Bank, CLBILS, lenders, British Business Bank, UK, coronavirus, lending scheme, government-backed loans, Growth Lending, inFund, Invocap, NEL Fund Managers, Triple Point, Paragon Bank, CBILS, Bounce Back Loans

SoftBank launches minorities startup fund

News | E-invoicing, SCF & E-procurement | 04 Jun 2020

Japan-based SoftBank has launched a USD 100 million fund that will invest in companies led by ‘people of colour’.

George Floyd, SoftBank, startup, Japan, Opportunity Growth Fund, Twitter, Masayoshi Son, Vision Fund, Bank of America

TIS secures USD 20 mln in funding round

News | Payments General | 28 May 2020

Treasury Intelligence Solutions (TIS), a cloud platform for handling corporate payments, has secured USD 20 million investment in a funding round led by Aquiline Technology Growth.

TIS, B2B, payments, Treasury Intelligence Solutions, Aquiline Technology Growth, cloud, 83North, Europe, US, Adecco Group, Bertelsmann, Hugo Boss, Fresenius, Fugro, Lanxess, ManpowerGroup, OSRAM, QIAGEN, technology

Singapore-based lending platform Validus secures USD 20 mln investment

News | Payments General | 12 May 2020

The Singapore-based Peer-to-Peer (P2P) lending platform Validus has raised USD 20 million to help finance Small- to medium-sized businesses (SMBs).

Validus, Singapore, Southeast Asia, investment, p2p lending platform, peer to peer, SMB, small to medium business, growth capital, series b, financing gap, accredited lenders, corporate vendor financing, covid-19, working capital

Wirecard, Varengold Bank to provide financing and payment solutions to fintechs

News | Payments General | 12 May 2020

Germany-based digital financial tech company Wirecard has partnered with Varengold Bank to provide funds and payment solutions to fintechs.

Wirecard, Varengold Bank, fintech, payment solution, financing, Germany, Europe, CAGR, compound annual growth rate, fintech provider, marketplace lender, refinancing loans, refinancing credit portfolios, LendInvest, Grover, Monedo, Kreditech, banking-as-a-service, digital banking, prepaid card issuing

Coronavirus outbreak feeds uncertainty about the economic outlook

News | Payments General | 17 Mar 2020

The abrupt rise in uncertainty that surrounds the global spread of the coronavirus can put both economic growth and financial stability at risk, according to IMF.

economic growth, financial stability, coronavirus, banks, loans, investment, economic policies, fiscal measures, monetary policies, IMF