The Best Crypto Processors in LATAM
If you are on the lookout for a Latin America crypto processor, know this: processing payments in Latin America (LATAM) is often a tricky subject for businesses who wish to expand into the region.And,...
View Articlei2c Announces Partnership with Marygold
One of the prominent providers of financial technology solutions, i2c recently announced that it has developed a partnership with Marygold, a Colorado-based fintech firm, to power the company’s Tap to...
View ArticleHow to Choose a Secure Neobank: All You Need to Know
In the past decade, a new demand came forward; the demand of having an innovative set of banking features comfortably sitting in your pocket. Fintech has become a volatile environment with disruptive...
View ArticleKlarna Raises $800m as Investors’ 'Opposite' Votes Sink Valuation by 85%
Klarna, a Swedish fintech company, confirmed on Monday that it has closed an $800 million financing round that brings its post-money valuation to $6.7 billion.The company, popular for its buy now, pay...
View ArticleCiti Invests in Illuminate Financial Management
Fintech-focused venture capital firm, Illuminate Financial Management announced today that it has secured a strategic investment from Citi. To date, Illuminate Financial has invested in more than 30...
View ArticleDeutsche Bank Is Developing a White-Label BNPL Solution with Austrian Fintech
Deutsche Bank has been working with Vienna-based fintech, Credi2 for the development of a white-label buy now, pay later (BNPL) solution, targeting online retailers and e-commerce marketplaces....
View ArticleTTB Partners Withdraws from Playtech Takeover Bidding
TTB Partners Limited confirmed on Thursday that it has no intention to bid for the acquisition of Playtech, citing the challenges underlying the market conditions. The confirmation came ahead of the 17...
View ArticleProcessing Payments in Latin America
Latin America (LATAM) internet penetration rate and mobile users have consistently shown staggering growth throughout past years and with the unbanked getting smaller by the minute, it might be time to...
View ArticleTIFIN Expands Global Presence, Acquires SharingAlpha
One of the fastest-growing financial technology platforms, TIFIN announced today that it has acquired SharingAlpha, a community of more than 15,000 analysts and professional fund investors, to expand...
View ArticleFintech Stori Joins Mexico’s Unicorn Club after $150 Million Raise
Stori, a consumer fintech company founded in Mexico in 2018, has hit a $1.2 billion valuation after raising $150 million in its latest Series C-2 financing round.With the raise, Stori joins the likes...
View ArticleUAE: DFSA Switches ITL Application from Cohort to Open Window Format
Local and international organizations can now apply to the Innovation Testing License (ITL) Programme of the Dubai International Financial Centre (DIFC), a special economic zone in Dubai.The Dubai...
View ArticleDmitri Laush and Siamak Tebyanian Launch Nextcent to Democratize Financial...
The Co-Founder of Admiral Markets, Dmitri Laush and Siamak Tebyanian, former Head of Global Innovation at Admirals joined forces to launch Nextcent.Nextcent is about 'democratizing wealth management.'...
View ArticleBank of America’s Net Income Drops 13% to $6.1bn in Q2 2022
Bank of America (BofA), a multinational investment bank and financial services holding company, recorded a 12.6% decline in its net income for the second quarter of 2022. The muultinational’s Q2 net...
View ArticleAFS License of Global Funding Partners Has Been Cancelled by ASIC
ASIC cancelled the license of Global Funding Partners Pty Ltd (AFSL 502802). The reason behind the cancellation is that Global Funding Partners decided to stop providing financial services. Global...
View ArticleStarling Withdraws Irish Bank Application Shifting Expansion Plans
British digital lender, Starling withdrew its banking license application with the Irish central bank, bringing a major shift toward its European expansion plans. As confirmed in a memo sent to the...
View ArticleWise Sees 51% YoY Growth in Revenue during Q1 FY23
Financial technology firm, Wise recently published a trading update for the first quarter of the fiscal year 2023 (Q1 FY23). In the mentioned period, Wise witnessed growth across several financial...
View ArticleFNZ Announces Strategic Acquisition of New Access
International wealth management platform, FNZ has acquired New Access, a Swiss private banking technology firm. According to FNZ, the acquisition will increase the company’s presence in Switzerland,...
View ArticleUK’s Fintech Sector Investments Grow 24% YoY in H1 2022
In a recent report published by Innovate Finance, the company noted that the United Kingdom fintech sector witnessed 24% growth in investments during the first half of 2022 as the number touched $9.1...
View ArticleStarling Bank Sees 93% Increase in Annual Revenue
UK-based digital challenger bank, Starling Bank reported its results for the financial year ended 31 March 2022 today. With a spike of almost 93%, Starling Bank’s revenue reached the figure of £188...
View ArticleAsia Pacific to Lead as Algo Trading Hits $31,494 Million in 2028: Report
The value of the global algorithmic trading market will reach $31,494 million by 2028, growing at a compound annual growth rate (CAGR) of 12.7% from 2022.This is according to a new report, Global...
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