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HSBC has announced its decision to abandon its stake in fintech Monese, as the financial institution has conceded a significant loss by writing off its investment.
banking, compliance, startup
Michael Treacy, Head of Marketing at OpenPayd, explores the transformative impact of artificial intelligence and blockchain on Embedded Finance.
embedded finance, BaaS, artificial intelligence, blockchain, digitalisation, embedded payments, payments , cross-border payments, startup, financial services, API, customer experience
Varun Mittal and Tawishi Singh from Fintech Nation discuss the gig economy's growth and the need for tailored financial solutions and benefits for Singapore's 300,000 gig workers.
embedded finance, BaaS, fintech, gig economy, financial institutions, startup, customer experience
Saudi Arabia-based financial services startup barq has entered into a partnership with Mastercard to offer its customers better payment acceptance solutions.
partnership, payments , startup, customer experience
Chpter, a Kenyan ecommerce startup, has raised USD 1.2 million in a pre-seed funding round to enhance its technology and expand into Egypt and Nigeria.
startup, ecommerce, expansion, marketplace
US-based multinational financial technology company PayPal has announced that it joined a group of investors to inject USD 15 million into Ume, a Brazilian payment service provider.
fintech, investment, SMEs, BNPL, startup
Payment and liquidity platform Waza has raised USD 8 million in a seed funding round to support global trade for African businesses.
payments , funding, investment, startup
US-based startup Payzen has closed a USD 32 million Series B, in conjunction with a USD 200 million debt facility to grow its ‘Care Now, Pay Later’ product.
startup, instalment payments, artificial intelligence, funding, debt facility
Multinational payment card services corporation Visa, in collaboration with Plug and Play, has announced the call for applications for the second cohort of the Visa Inclusive Fintech Accelerator.
partnership, SMEs, expansion, startup, fintech
Foreign exchange and international payments for businesses provider iBanFirst has partnered with equity and investment platform SeedBlink.
partnership, startup, financial services, cross-border payments
Israel-based insurtech startup Faye has announced a USD 31 million Series B funding round that follows a USD 10 million Series A from 2023.
insurtech, startup, funding, investment
Digital banking startup Mercury has recently announced that it no longer serves US-domiciled customers with passports from certain countries, including Ukraine, Nigeria, and others.
startup, regulation, funding, crowdfunding, digital banking, fintech, AML, terrorism, risk management, partnership, financial sanctions, FATF, online banking, mobile banking
Google parent Alphabet has announced it is in advanced negotiations to acquire cybersecurity startup Wiz for approximately USD 23 billion.
acquisition, cybersecurity, startup, cloud, artificial intelligence
Moshe Kimhi, Neema’s CEO, shares how hands-on experience and challenges have shaped Neema’s innovative approach to global payments.
cross-border payments, cross-border ecommerce, SWIFT, cash flow, real-time payments, digital payments, digitalisation, Global Payments, fintech, financial inclusion, startup, API, EMI licence, financial institutions
China-based online lender WeBank has gotten regulatory approval from the mainland to set up a fintech subsidiary in Hong Kong as it looks to expand beyond its home market.
fintech, lending, online banking, expansion, startup
US-based unified global spend platform Brex has announced the launch of additional digital banking products and several updates to its business account.
product launch, product upgrade, digital banking, API, startup, bank account, credit access
Singapore-based DeFi startup Qiro Finance has received USD 1.2 million in pre-seed funding for its product development, workforce scaling, and ecosystem expansion.
cryptocurrency, funding, lending, startup, P2P payments
US-based Capchase brought its non-dilutive financing service to SaaS startups in Ireland.
funding, expansion, financing , SaaS, startup
India-based insurtech startup CoverSure has raised USD 4 million in a pre-series A funding round led by Enam Holdings.
insurtech, funding, investment, startup
Capchase, a revenue acceleration platform catering to Software-as-a-Service (SaaS) companies, has recently secured a EUR 105 million credit facility warehouse led by Deutsche Bank.
funding, SaaS, financing , startup