Fintech News

Newsfeed: Fintech

  • Indian fintech BharatPe to raise $175 mn debt, offers super-bikes to new hires July 22, 2021 3:31 am Crowdfund Insider July 21, 2021 @ 9:04 pm By Priyanka Pani Indian fintech BharatPe plans to raise around USD 175 million or INR 1,300 crore in debt, according to a news report by Entrackr. Founded in 2018 by Ashneer Grover and Shashvat Nakrani, BharatPe is a merchant- …
  • Australia based BNPL Fintech Afterpay to Offer a Money and Lifestyle App with Assistance from Westpac July 22, 2021 3:31 am Crowdfund Insider July 21, 2021 @ 9:27 pm By Omar Faridi Australia-based Buy Now, Pay Later (BNPL) Fintech Afterpay (ASX:APT) says it will be diversifying its business operations with the introduction of a “money and lifestyle” app. The Money app has been developed …
  • Open Finance: Yapily Raises $51 Million in Round Led by Sapphire Ventures July 22, 2021 3:31 am Crowdfund Insider July 21, 2021 @ 10:05 pm By JD Alois Yapily, an open banking infrastructure provider, has raised $51 million in a Series B funding round led by Sapphire Ventures. Existing investors Lakestar, HV Capital, and Latitude participated in the round as well. …
  • Southeast Asia Super App GrabPay Extends Partnership with Fintech Adyen to Enable Flexible Payment Options July 22, 2021 3:31 am Crowdfund Insider July 21, 2021 @ 10:21 pm By Omar Faridi Southeast Asia’s Grab, the developer of a Super App, has decided to extend its partnership with Adyen (AMS: ADYEN), a leading payments platform, in order to enable merchants in Singapore and Malaysia to provide BNPL …
  • Digital Banking: Malaysia based Fintech Jirnexu to Work with Five Local Entities Seeking Virtual Bank License July 22, 2021 3:31 am Crowdfund Insider July 21, 2021 @ 10:45 pm By Omar Faridi Malaysia-based Fintech firm Jirnexu reveals that it has entered into partnership agreements with over five consortia as they apply for a virtual banking license. They stated that with Jirnexu’s client base and a …
  • Strategic Reporting Module Introduced by Planixs, a Provider of Intraday Cash, Collateral, Liquidity Management Services July 22, 2021 3:31 am Crowdfund Insider July 21, 2021 @ 11:17 pm By Omar Faridi Planixs, an established provider of real-time, intraday cash, collateral and liquidity management services, reveals that it has introduced the Strategic Reporting Module which comes as part of its Realiti suite. The …
  • Stocks in the news: HUL, Bajaj Finance, Gland Pharma, Ceat and Havells July 22, 2021 2:25 am Economic Times Nifty futures on the Singapore Exchange traded 131 points, or 0.84 per cent higher at 15,741, signaling that Dalal Street was headed for a positive start on Thursday. Here are a dozen stocks which may buzz the most in today's trade. HUL, Ultratech, …
  • Zip and Quadpay Unveil New Unified Brand to Strengthen Position in the Global BNPL Ecosystem July 22, 2021 1:35 am GuruFocus.com A year ago, global payment technology pioneer Zip+Co+Limited (ASX%3A+Z1P) acquired the award-winning U.S. buy now, pay later (BNPL) platform, Quadpay. Today, Zip is unifying its rapidly growing global business under one name to increase brand awareness and …
  • Boulder-based TeamSnap adds executives July 22, 2021 1:14 am Daily Camera TeamSnap Inc., a Boulder-based sports management software platform for amateur athletes and teams, has hired a new chief financial officer and a new vice president of product and design. New CFO Joyce Bell previously held the same role with software firms …
  • Policybazaar IPO imminent July 22, 2021 1:10 am Economic Times In March, online insurance platform Policybazaar rejigged its cap table as part of a secondary share sale. With its parent entity giving a go-ahead to raise up to Rs 6,500 crore via an IPO, the insurance aggregator is now all set to become the fifth Indian …
  • E-commerce draft policy & recommended changes July 22, 2021 1:10 am Economic Times Earlier this month, online retailers had raised concerns about the draft e-commerce rules with government officials and sought more time to suggest changes. As the deadline to submit feedback comes to an end, we bring you all the suggestions given by …
  • Naver's Q2 net jumps nearly 6 times on surge in pandemic-driven fintech, commerce business July 22, 2021 1:08 am Korea Herald Naver`s headquarters in Pangyo, Gyeonggi Province (Yonhap) South Korea's top internet portal operator Naver Corp. said Thursday its net profit jumped nearly six times in the second quarter from a year earlier largely due to a stellar performance of its …
  • One Caribbean - the future of tech success in the region July 21, 2021 11:51 pm Jamaica Observer The Caribbean region as a whole is one of the most fertile regions when it comes to the potential to be extracted from technology enablement, digital transformation and tech investments. Jamaica, in particular, is being viewed as a high potential thriving …
  • John Matthew Sinclair - Making The Future Easier July 21, 2021 11:51 pm Jamaica Observer THRILLED by the idea of creating something and solving problems with every project he was presented with, John Matthew Sinclair had his heart set on pursuing a career as an architect. However, with the conviction that tech found him, he recognised an …
  • Fintech Focus For July 22, 2021 July 21, 2021 10:48 pm Benzinga Quote To Start The Day: “Know thy self, know thy enemy. A thousand battles, a thousand victories.” Source: Sun Tzu One Big Thing In Fintech: Adena Friedman, president and chief executive of Nasdaq, says the firm sees a huge opportunity from spinning out …
  • How Israeli Companies Are Riding The COVID Wave To Wall Street July 21, 2021 10:30 pm The Westside Gazette - Florida This is a pivotal time for Israeli companies on Wall Street. A significant number are going public, and this has major ramifications for the trajectory of the whole ecosystem. While much of the world’s economy is still continuing to struggle with COVID, …
  • Algorithm-based investing is cutting edge, but is it for you? July 21, 2021 10:26 pm Mint On the premise that average humans are bad investors, as they can make irrational decisions and let emotions come in the way of their returns, technology-based investment advisers, simply called robo-advisers, try to equip investors with necessary …
  • 2021 Powered by Women – Susan Koss July 21, 2021 9:51 pm DBusiness Magazine Susan Koss has been in accounting long enough to have participated in the transition from paper forms to automated systems. Now, as partner and managing director of the O’Keefe consulting firm in Bloomfield Hills, she advises clients on how to adopt the …
  • Khalid’s latest music video is a big, sloppy kiss to Silicon Valley July 21, 2021 9:33 pm The Verge Grammy-nominated singer Khalid has a new album coming out, and the first single, “New Normal,” is as smooth and breezy as a summer afternoon, which is weird because the video that accompanies the track is pretty much a venture capitalist’s dream come true. …
  • Amplify ETFs Launches New Fund that Invests in the ‘MVPS’ July 21, 2021 9:24 pm ETF Trends On Wednesday, Amplify ETFs announced the launch of its newest ETF, the Amplify Thematic All-Stars ETF (MVPS), per a press release.  MVPS is a thematic ETF that seeks to capture the top thematic investments within ETFs all in one place, making it a one-stop …
  • Why investors are pouring money into AML startups July 21, 2021 9:18 pm American Banker Startups that provide anti-money-laundering technology to banks continue to raise large amounts of money because of tech advances they’ve made that can speed crime detection. But the companies may have to expand their business models to keep momentum going …
  • Upgrade Adds Bitcoin Rewards Card July 21, 2021 9:16 pm Crowdfund Insider July 21, 2021 @ 10:31 am By JD Alois Upgrade, an online lender, has announced the launch of the Upgrade Bitcoin Rewards Card a new version of Upgrade Card featuring Bitcoin rewards. Under Upgrade’s new program, users may earn unlimited 1.5% Bitcoin rewards …
  • Revolut Adds Travel Feature Offering 10% Cash-back to Banking Platform July 21, 2021 9:16 pm Crowdfund Insider July 21, 2021 @ 11:25 am By JD Alois Revolut, a neo-bank currently serving over 16 million customers, has added a new travel feature, “Stays,” that it expects to provide £70 million to its customers in a 10% cashback scheme for UK and European customers. …
  • Europe: Savings Interest Rates Hit Record Lows According to ECB Data July 21, 2021 9:16 pm Crowdfund Insider July 21, 2021 @ 11:49 am By JD Alois Savings interest rates have hit record lows says Raisin citing ECB data. According to the ECB, retail interest rates in the eurozone have dropped to 0.16% on average, the lowest average interest rate on record.  If you …
  • MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan July 21, 2021 8:06 pm GuruFocus.com DALLAS, July 21, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) ("MoneyGram" or the "Company") today announced the closing of its previously announced private offering of $415 million aggregate principal amount …
  • IBM harnesses the power of data, hybrid cloud to deepen financial industry’s digital transformation July 21, 2021 7:58 pm SiliconANGLE From online banking to strengthening the shared economy’s financial infrastructure, fintech startups are transforming the economic world. For banks, in particular, this represents both a threat to business-as-usual and a significant opportunity to innovate …
  • Nasdaq partners banks to launch trading platform for private company stock July 21, 2021 7:54 pm Tradingcharts.com Jul 21, 2021 (MarketLine via COMTEX) -- Nasdaq has partnered with SVB Financial Group (SVB), Citi, Goldman Sachs, and Morgan Stanley to set up a separate platform for trading stocks of private companies. The joint venture will be an institutional-grade, …
  • Newcomer iClima Launches Two ETFs to Play the Next “Green Rush” July 21, 2021 7:53 pm ETF Trends ETF newcomer iClima is launching its first two U.S.-listed ETFs, which aim to provide exposure to the next generation of companies combating global warming and rising emissions, in an attempt to invest along a mandate of “do more good” instead of less harm …
  • Sponsored by Huawei Banking Giant BDO and Huawei Collaborate to Provide Inclusive Financial July 21, 2021 7:30 pm IT World The average person in the Philippines spends more time on the Internet than any other country in the world. Filipinos are online over 11 hours each day, compared to a global average of just six hours. Indeed, with a total population of more than 100 …
  • Avoid These 2 Fintech Stocks Wall Street Believes are Expensive July 21, 2021 6:56 pm Investing.com Even though the fintech market is expected to boom over the long run due to the rapid adoption of advanced technological solutions in the financial sector, data privacy concerns continue to worry consumers. Against this backdrop, we think it could be wise …
  • 3 Fintech Stocks Wall Street Predicts Will Rally by More Than 40% July 21, 2021 6:56 pm Investing.com As more advanced technologies and innovative solutions find application in the financial sector, the fintech market could keep growing quickly in the coming months thanks to increasing digital transactions. So, we think it could be wise to invest in …
  • Do Hedge Funds Love Murphy Oil Corporation (MUR)? July 21, 2021 6:35 pm Insider Monkey A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These …
  • Hedge Funds Continue Dumping Global Blood Therapeutics Inc (GBT) July 21, 2021 6:34 pm Insider Monkey At Insider Monkey, we pore over the filings of nearly 866 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on …
  • Hedge Funds Have Never Been This Bullish On BlueLinx Holdings Inc. (BXC) July 21, 2021 6:31 pm Insider Monkey The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 866 13F filings that hedge funds and well-known value investors …
  • Policybazaar all set to hit the market, raise Rs 6,500 crore via IPO July 21, 2021 5:55 pm Business Standard Policybazzar is all set to hit the market, planning to raise Rs 6,500 crore. PB Fintech, the parent company of Policybazaar in a regulatory filing approved a resolution to raise the said amount via fresh issue of equity. The Softbank-backed insurance …
  • The Wise share price is up 20%. Am I a buyer? July 21, 2021 5:39 pm The Motley Fool To make a quick international money transfer, I just used Wise (LSE: WISE). And I can say with confidence now, that the service is indeed smooth and hassle-free. That is one reason why I decided to write about the company, which recently got listed on the …
  • A Closer Look at Berkshire's Holding in StoneCo July 21, 2021 5:20 pm GuruFocus.com In a previous article, I discussed my views on one of Berkshire Hathaway's ( BRK.A, Financial) ( BRK.B, Financial) most innovative and fast-growing tech holdings, Snowflake ( SNOW, Financial). In this article, we will take a closer look at another one …
  • Constitution Lending Partners With Sila to Revolutionize Hard Money Lending July 21, 2021 4:59 pm The News Review - Oregon PORTLAND, Ore. & DELRAY BEACH, Fla.--(BUSINESS WIRE)--Jul 21, 2021-- Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that Constitution Lending Partners, the premier hard money lender for all …
  • Record Amount Raised In Israeli Tech In First Half Of 2021 July 21, 2021 4:35 pm The Westside Gazette - Florida The first half of 2021 has been a promising one for Israeli high-tech companies, which raised a record $11.9 billion — more than the $10.3 billion raised throughout all of 2020. A total of 38 transactions of more than $100 million each completed in the …
  • Stirling local businesses urged to sign up to gift card initiative July 21, 2021 3:59 pm Daily Record & Sunday Mail Stirling is soon to have its own local gift card in a milestone move to encourage more people across the area to back local businesses. Businesses across the region are being urged to sign up to the new Scotland Loves Local Gift Card, which is funded by …
  • Startup momentum must not stop: TeamLease boss July 21, 2021 3:48 pm Economic Times Rituparna Chakraborty of sheds light on the startup hiring boom and the role startups play in the broader economy. Edited excerpts from her interview to ET Now's Tamanna Inamdar: Tamanna Inamdar: Data shows unemployment is growing, but on the other …
  • Global Small Payment Institution Money Transfer Market is estimated to be US$ 3,352.1 million by 2029 with a CAGR of 8.1% during the forecast period - by PMI July 21, 2021 3:35 pm EIN Presswire Covina, CA, July 21, 2021 (GLOBE NEWSWIRE) -- The Global Small Payment Institution Money Transfer Market accounted for US$ 1,798.3 million in 2019 and is estimated to be US$ 3,352.1 million by 2029 and is anticipated to register a CAGR of 8.1%. Quite a …
  • KPMG Reports Record Quarter for Venture Capital July 21, 2021 3:22 pm Silicon Valley Daily - California Global VC investment reached a new high in the second quarter of 2021, with $157.1 billion raised across 7,687 deals. A robust IPO market, high valuations, and a seemingly endless supply of dry powder helped fuel the ongoing increase, according to the Q2’ …
  • BoB, U GRO Capital come together to launch co-lending platform 'Pratham' July 21, 2021 3:03 pm Business Standard Bank of Baroda and fintech platform U GRO Capital have launched a co-lending platform Pratham, under which Rs 1,000 crore loan will be disbursed to the MSME sector in the country. Commencements of loan disbursements under Pratham mark the 114th Foundation …
  • ETF Action's ETF All-Stars Thematic Composite Index Licensed by Amplify ETFs July 21, 2021 2:49 pm GuruFocus.com DENVER, July 21, 2021 /PRNewswire/ -- ETF Action is pleased to announce that the ETF All-Stars Thematic Composite Index has been licensed by Amplify ETFs for the Amplify Thematic All-Stars ETF (NYSE: MVPS), which begins trading today. "The …
  • Aristocrat Technologies, Inc. and Everi Holdings Enhance Oasis 360 with Everi's CashClub Wallet July 21, 2021 2:48 pm GuruFocus.com LAS VEGAS, July 21, 2021 /PRNewswire/ -- Aristocrat Technologies, Inc. a subsidiary of Aristocrat Leisure Limited (ASX: ALL), today announced a partnership with Everi Holdings Inc. (NYSE: EVRI) to integrate Oasis 360™ with Everi's digital …
  • Robinhood co-founders set to join 2021's string of new fintech billionaires July 21, 2021 2:12 pm Silicon Valley Business Journal - California
  • 3 Stocks That Could Hit $1 Trillion Market Cap Next July 21, 2021 1:34 pm Benzinga Several big market capitalization milestones have happened in 2021 with Facebook Inc (NASDAQ: FB) joining the $1 trillion club and Microsoft Corporation (NASDAQ: MSFT) marking a $2 trillion milestone. There are currently five companies trading with market …
  • As Chinese Tech Rebounds, ‘KWEB’ Spins into the Spotlight July 21, 2021 1:21 pm ETF Trends Recent regulatory crackdowns may have temporarily hobbled growth in the Chinese tech sector, but there’s plenty of runway left long-term, says KraneShares CIO Brendan Ahern.  The $5.1 billion KraneShares CSI China Internet ETF (KWEB) recently saw two …
  • Visa refreshes brand identity after seven years July 21, 2021 1:18 pm Campaign Seven years after its last brand refresh, Visa, the global finance giant, is changing again. This time, its new identity, "Meet Visa", is a nod to the company's evolution from a cards issuer to a much broader financial-services and tech …
  • Editorial: Boris Johnson's Government desperately needs a reset to avoid giving credence to Cummings' claims July 21, 2021 1:09 pm City A.M. Had you considered so doing before, it now seems unlikely Dominic Cummings would make the cut for a “dream dinner party” list. Your other guests wouldn’t get a word in edge-ways. In his hour-long interview aired on the BBC last night, the Prime Minister’s …
  • Cross-Border Payments Fintech Currencycloud Shares Insights on How Embedded Finance Is Streamlining Financial Services July 21, 2021 1:07 pm Crowdfund Insider As embedded finance continues to transform the financial services sector, Currencycloud questions how banks will shape that future. The cross-border payments Fintech notes that this is the question “on the minds of industry insiders — and with the rise of …
  • UK Fintech Modulr Secures Visa Ready Certification, which Helps Clients Access Seamless Digital Payments Solutions July 21, 2021 1:07 pm Crowdfund Insider July 21, 2021 @ 3:42 am By Omar Faridi UK-based Fintech firm Modulr reveals that they’ve managed to secure their Visa Ready certification, which supports customers in selecting the “best of breed payment solutions” that meet Visa’s international standards. …
  • UK’s Embedded Finance Fintech Railsbank Now a Visa Ready Banking Identification Number Sponsor July 21, 2021 1:07 pm Crowdfund Insider July 21, 2021 @ 7:42 am By Omar Faridi Railsbank, an established global embedded finance solution provider, and Visa (NYSE: V) are joining forces to promote local Fintech services, with Railsbank becoming a Visa Ready Banking Identification Number (BIN) …
  • Financial Policy Council To Hold 17th Meeting July 21, 2021 1:03 pm Bernews The Financial Policy Council [FPC] will be holding its seventeenth meeting on Friday, July 23rd, via teleconference. A Government spokesperson said, “Consistent with its mandate to provide advice on current and potential economic and financial developments …
  • Prometeia And Fabrick Partner To Launch New Digital Wealth Management Solution Harnessing AI And Open Finance July 21, 2021 12:59 pm Mondovisione Fabrick, a leading Italian fintech company which operates internationally to promote Open Finance, and Prometeia, a consulting, software and research company that is a market leader in solutions for risk and wealth management, today announce the launch of  …
  • Byju's acquires US-based digital reading platform Epic for $500 mn July 21, 2021 12:10 pm Business Standard Edtech startup Byju's said Wednesday it has acquired US-based digital reading platform Epic for $500 million. The acquisition will help Byju's expand its US footprint by providing access to the more than two million teachers and 50 million kids in …
  • Czech-born Goldilock has closed its oversubscribed Seed financing round, managing to raise over 1 million USD. July 21, 2021 12:05 pm Prague Daily Monitor Investor appetite sees oversubscription of seed round Czech-born Goldilock has closed its oversubscribed Seed financing round, managing to raise over 1 million USD. This caps off a dynamic first two quarters of 2021. Hot on the heels of receiving a patent …
  • Paytm and Zomato IPOs Point to Coming Wave of Indian Tech Listings July 21, 2021 11:51 am Wall Street Journal NEW DELHI—India is gearing up for tech IPOs, including two worth more than $1 billion, as startups look to tap a stock market that has proved resilient despite Covid-19. The initial public offerings reflect the maturing of a generation of e-commerce and …
  • This IT company is planning to gift Mercedes-Benz to top performers July 21, 2021 10:59 am Mint HCL Technologies Chief Human Resources Officer (CHRO) Apparao VV said the proposal is with the board for approval, according to a Times of India report. The company had given out 50 Mercedes Benz cars to top performers in 2013, but later discontinued the …
  • GBSB Global Business School offers free trial week of online classes July 21, 2021 10:42 am Times of Malta Don’t miss your chance to experience what it is like to study at one of Europe’s leading business schools focused on innovative education and technology.  A fully accredited private educational institution, GBSB Global Business School has expanded its …
  • Data reconciliation company, Duco, hires new APAC Head of Sales to reach new frontiers in tech July 21, 2021 9:44 am Mena FN (MENAFN - The Arabian Post) Tat Wee Koh brings his impressive depth of knowledge in sales and technology to Duco. SINGAPORE – – 21 July 2021 – Tat Wee Koh has been appointed Head of Sales for APAC at , a UK-based fintech provider of data control services. …
  • International Trade Secretary Liz Truss urges exporters to embrace ‘green trade’ as she begins Scottish trip July 21, 2021 9:02 am The Herald (Scotland) THE UK can use its post-Brexit ability to strike global trade deals to help tackle climate change by promoting green technology, the Board of Trade reports today. The Government advisory body said the country’s “renewed and revitalised status as an …
  • Soldo, The Leading European Pay And Spend Automation Fintech Closes Record $180m Series C Funding Round Led By Temasek July 21, 2021 8:29 am Mondovisione Series C investment to accelerate international expansion and product development The investment round is the largest to date in the spend management category The Series C funding will be used to accelerate international expansion and product development …
  • Ronan loses City Arts Centre bid, tax hike opposition, and thumbscrews ready over OECD plan July 21, 2021 7:41 am Irish Times US businesses operating in the Republic oppose any moves to increase personal taxes over the Government’s remaining term. That’s according to the American Chamber of Commerce Ireland, which has just submitted it pre-budget submission to the Minister for …
  • Bitcoin Crashing Below $30K Not Enough To Deter Cathie Wood — Ark Adds Another $31M In Coinbase, $3.4M In GBTC July 21, 2021 6:53 am Benzinga Cathie Wood-led Ark Investment Management is ramping up cryptocurrency play even as the Bitcoin (CRYPTO: BTC) price plummeted below $30,000, wiping out nearly all of its 2021 gains. The popular investment management firm on Tuesday snapped up 138,804 …
  • Globally, Indian Banks lead the way in adopting July 21, 2021 6:45 am Big News Network Mumbai (Maharashtra) [India], July 21 (ANI/Mediawire): While the banking sector has been adapting to digital disruption for several years, COVID-19 has accelerated this transformation, opening up access and opportunity to millions of un-banked and …
  • Stripe: Fintech must be not the enemy of traditional banks, it needs to be the partner-in-crime July 21, 2021 6:34 am City A.M. Necessity may be the mother of invention, but it has a second child in collaboration. When it comes to crunch moments and serious challenges, the human tendency is to put differences aside and work together to find solutions.  Take the vaccine rollout. The …
  • Returning to the Office or Working from Home July 21, 2021 6:31 am EIN Presswire COVID has changed the world and our behavior dramatically as organizations are moving towards the Working from Home model. DALLAS, TEXAS, USA, July 21, 2021 /⁨EINPresswire.com⁩/ -- COVID-19 has changed the world and our behavior dramatically. If …
  • Indonesia Buy Now Pay Later (BNPL) Market and Investment Opportunities Report 2021-2028 Wire July 21, 2021 6:25 am Indonesia News.net DUBLIN--(BUSINESS WIRE)--The "Indonesia Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics" …
  • Dublin-based fintech Soldo raises $180m in funding July 21, 2021 6:21 am The Irish Times Dublin-based fintech Soldo has raised $180 million (€153 million) in an oversubscribed funding round. The company, which relocated its corporate headquarters to Ireland two years ago after securing a e-money licence from the Central Bank, has developed an …
  • Monetary Authority Of Singapore And Singapore FinTech Association Invite Entries For 2021 FinTech Awards July 21, 2021 6:18 am Mondovisione The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced today the launch of the 2021 Singapore FinTech Festival (SFF) Global FinTech Awards (the Awards). The Awards recognise innovative FinTech solutions by FinTech …
  • China's flood-hit Henan to get nearly $300 million in emergency aid, donations July 21, 2021 6:08 am Journal Pioneer BEIJING (Reuters) - A raft of Chinese companies, insurers and a state-backed bank said on Wednesday they had offered donations and emergency aid to local governments in flood-stricken Henan province amounting to 1.935 billion yuan ($299 million). Henan, a …
  • Zwipe, ICPS Introduce Biometric Payment Card to Asian, African Banks July 21, 2021 6:02 am Crowdfund Insider July 20, 2021 @ 10:11 pm By Tony Zerucha Biometric Fintech Zwipe and ICPS, an international card payment processor and card personalization bureau, together are bringing Zwipe Pay ONE-enabled biometric payment cards to African and Asian banks. They will be …
  • Education loan platform MPOWER raises $100 million from Tilden Park July 21, 2021 6:02 am Crowdfund Insider July 20, 2021 @ 10:25 pm By Priyanka Pani MPOWER Financing, a global education loan provider, has raised an equity investment of US$100 million. The new funding is in addition to the US$30 million MPOWER raised earlier this year from Tilden Park Capital …
  • Indian Fintech Pine Labs Appoints PayPal’s Rangarajan as its Head of Engineering July 21, 2021 6:01 am Crowdfund Insider July 20, 2021 @ 11:23 pm By Priyanka Pani India’s leading payment gateway Pine Labs has appointed Rangaprasad Rangarajan as the Head of Engineering – Online Payments. The company aims to build an offline-to-online strategy with recent US $600 million …
  • Fintech Paysafe to Use SaaS Platform from Smart Property Systems to Streamline Rent Payments for Property Managers July 21, 2021 6:01 am Crowdfund Insider July 21, 2021 @ 12:37 am By Omar Faridi Fintech firm Paysafe has teamed up with Smart Property Systems in North America. The SaaS platform from Smart Property Systems will be plugged into Paysafe’s integrated payments solution in order to “streamline” rent …
  • Why the Bank of England has its head in the cloud over data security July 21, 2021 5:16 am The Guardian The Bank of England is at risk of moving too slow, according to experts, who say it needs to get a grip on the financial sector’s plans to outsource customer data storage to a handful of unregulated US tech giants. Last week, the central bank raised fresh …
  • After NSO Leak, Israel Should Update Its Arms Export Laws for 21st Century, Activist Says   July 21, 2021 4:36 am Media Line Extremely limited regulatory legislation that fails to address human rights concerns is behind licensing of NSO Group’s alleged sale of spyware to autocratic regimes, despite Israeli governmental supervision on defense exports A new scandal engulfed the …
  • Commerce Commission alleges Moola engaged in cartel conduct July 21, 2021 4:34 am The New Zeland Herald Business 21 Jul, 2021 03:18 AMQuick Read The Commerce Commission is seeking declarations that agreements not to bid on Google Ads breach Commerce Act. Photo / 123RFThe Commerce Commission is seeking declarations that agreements not to bid on Google Ads …
  • Miami-Dade office vacancies highest in 8 years July 21, 2021 4:25 am Miami Today Written by Lauren Lamb on July 20, 2021 Florida’s economy is fourth-best in the nation in bouncing back from the plunge during the pandemic, but Miami-Dade’s office vacancy rates are also the highest they have been in eight years, at 16.9%. Even though …
  • NPCI begins pilot for voice-based payments July 21, 2021 3:57 am Economic Times The National Payments Corporation of India (NPCI), which has developed key digital payments railroads such as the Unified Payments Interface, Fastag and Aadhaar Enabled Payment System (AePS), is now testing a voice-based payments service for feature phone …
  • Portage Fintech Acquisition Corporation Announces Pricing of Upsized US$240 Million Initial Public Offering July 21, 2021 3:14 am Tradingcharts.com NEW YORK, Jul 20, 2021 (Canada NewsWire via COMTEX) -- Portage Fintech Acquisition Corporation (the "Company") today announced that it priced its initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed …
  • Nigeria, Barbados to strengthen bilateral ties July 21, 2021 2:34 am Best Naira News     Minister of Foreign Affairs and Foreign Trade, Barbados, Dr. Jerome Walcott, Nigeria and Barbados are hopeful of improved ties by leveraging the partnership between TelNet Nigeria Limited and Barbados companies, Global Integrated Fintech Solutions ( …
  • The latest appointments, promotions and moves in the Welsh business community July 21, 2021 12:43 am Business Live As the world looks to emerge from the pandemic a number of people are changing roles and jobs across the Welsh business community. Here are some of the big moves across all sectors, from construction to cyber, ecommerce to elearning. Please send your …
  • IT exports rise 47pc to $2.1bln in FY2021 July 21, 2021 12:41 am The News International KARACHI: Pakistan’s information technology (IT) exports soared 47 percent to $2.1 billion in the fiscal year ended June 30, according to latest figures from the State Bank of Pakistan (SBP). The country fetched $1.4 billion in IT exports in July-June …
  • Power of 10: UK more than doubles number of $10bn companies amid tech boom July 20, 2021 11:16 pm City A.M. The number of UK tech businesses worth at least $10bn (£7.3bn) has more than doubled in the last six months, marking the latest sign of a boom in the British tech sector. Fintech darling Revolut, recently-listed Wise and online grocery giant Ocado are …
  • Fintech Focus For July 21, 2021 July 20, 2021 11:14 pm Benzinga Quote To Start The Day: “The bravest sight in the world is to see a great man struggling against adversity.” Source: Seneca One Big Thing In Fintech: DeFi builds on three major waves of blockchain innovation across the last decade, each of which began with …
  • Chicago’s Startup Paro, a Provider of On-Demand Financial Expertise, Secures $25M via Series B July 20, 2021 10:37 pm Crowdfund Insider July 20, 2021 @ 2:28 pm By Omar Faridi Paro has announced a $25 million Series B funding round. The rapidly-growing startup offers businesses with flexible finance solutions through teams of remote finance professionals in order to help them address …
  • Fintech Prime Trust Receives ISO/IEC 27001:2013 Designation July 20, 2021 10:37 pm Crowdfund Insider July 20, 2021 @ 2:35 pm By JD Alois Prime Trust has received ISO/IEC 27001:2013 designation, certifying that the company meets the financial industry’s most stringent information security management standards. Prime Trust is an infrastructure Fintech …
  • Things to check before taking a pre-owned car loan July 20, 2021 9:49 pm Mint Sumit Garg, co-founder and managing director, Luxury Ride, a showroom in India for second hand luxury cars, says that due to covid-19, many buyers were opting to buy pre-owned cars instead of new ones. They feel safer using their own vehicle to commute. …
  • From Simmons First, an account just for young crowd July 20, 2021 8:31 pm American Banker Alex Carriles, chief digital officer at Simmons First National in Pine Bluff, Arkansas, tallied up the frustrations of young, underbanked customers when his team started devising a new checking account for this audience last year. For one, Generation Z and …
  • M&A wrap: Deals done for mobile kitchens, 3D printing, fintech July 20, 2021 8:04 pm Bizjournals
  • Healixa Announces Successful Client Launch July 20, 2021 7:28 pm GuruFocus.com Holbrook, New York, July 20, 2021 (GLOBE NEWSWIRE) -- Healixa, Inc. (OTC Pink: EMOR) (f.k.a. Emerald Organic Products Inc.) (“Healixa”, or the “Company”), a people-first digital organization that humanizes care by deploying simplified solutions for complex …
  • Mastercard says it's working to simplify crypto conversions on its payment card offering July 20, 2021 6:59 pm ZDNet Mastercard said Tuesday that it's working to simplify the currency conversion process for its card program for crypto wallets and exchanges. The fintech giant said new capabilities will make it easier for crypto providers to convert digital currency to …
  • Former Intel CEO Bob Swan joins VC firm Andreessen Horowitz July 20, 2021 6:58 pm ZDNet Former Intel CEO Bob Swan is joining the venture firm Andreessen Horowitz, about five months after leaving the chipmaker.  Swan is joining the firm as a Growth Operating Partner, helping the firm identify and pursue new investments, serving on boards, and …
  • Real Estate Coin Adds Stellar Personalities to Advisory Board July 20, 2021 6:27 pm EIN Presswire FOHO inducts eminent advisors from the fintech, crypto and marketing space. INDIA, July 20, 2021 /⁨EINPresswire.com⁩/ -- FOHO Coin is here to disrupt the real estate space and inducts eminent personalities to it’s advisory board to ensure the …
  • Synovus is latest bank to wean itself off overdraft fees July 20, 2021 6:05 pm American Banker Synovus Financial is the latest bank to declare that it will rely less on overdraft fees, revealing Tuesday that it expects that revenue to disappear almost entirely due to changes that are in the works. The Columbus, Georgia, company is considering …
  • StoneBridge Acquisition Corporation Announces Closing of $200 Million Initial Public Offering July 20, 2021 6:03 pm EIN Presswire StoneBridge Acquisition Corporation Announces Closing of $200 Million Initial Public Offering Stonebridge Acquisition Corporation (NASDAQ:APACU) NEW YORK, NEW YORK, UNITED STATES, July 20, 2021 /⁨EINPresswire.com⁩/ -- StoneBridge Acquisition …
  • Andreessen Horowitz leads US$58 million funding in fintech firm Titan July 20, 2021 6:03 pm Channel News Asia REUTERS: Investment management platform Titan raised US$58 million in a funding round led by venture capital giant Andreessen Horowitz's cryptocurrency fund, with participation from celebrities Kevin Durant, Odell Beckham Jr, Jared Leto and Will Smith. …