YouTrip, a Neobank in Southeast Asia, Raises US$30 Million to Accelerate Growth in B2C and B2B Space
- 4 years 7 months ago
- Banking
YouTrip's transaction volume has rebounded to pre-COVID levels, driven by strong traction in cross-border e-commerce transactions and return of travel spending. Exponential growth is expected in upcoming months following the opening of more Vaccinated Travel Lanes in Singapore and progressive return of SEA travel. The latest funding will be used to scale the neobank's product offerings, including venturing into the B2B payments space, and...
Global Payments Leader, Credorax, Rebrands as ‘Finaro’
- 4 years 7 months ago
- Payments, Banking
Rebrand focuses on ongoing commitment to brilliantly simple payments and customer-centric service in a complex ecommerce world Leading smart payments provider and merchant acquiring bank, Credorax, has today announced its new company identity, Finaro.
Infor Named 2021 AWS Industry Solution ISV Partner of the Year
- 4 years 7 months ago
- Cloud
Award recognizes Infor's performance and commitment to helping customers drive innovation on AWS Infor, the industry cloud company, today announced that Amazon Web Services (AWS) has awarded Infor the AWS Industry Solution Independent Software Vendor (ISV) Partner of the Year award. Announced at the annual AWS re:Invent conference in Las Vegas, Nevada, the award recognizes Infor's performance and commitment to helping customers drive innovation...
BitcoinPoint Becomes the first Crypto-asset Firm Registered with the FCA Exploiting ATMs in the UK
- 4 years 7 months ago
- Asset Management, Bitcoins, Cryptocurrencies
London-based Fintech firm BitcoinPoint obtaining the Registered Crypto-asset Firm Licence. This permanent Crypto-asset registration will enable BitcoinPoint to continue to reach UK retail customers after March 2022 where all ‘temporary’ registrations will be revoked.
LexisNexis Risk Solutions Rises Six Places in Annual Chartis RiskTech100® Ranking; Honored with Award for Financial Crime – Data for Fourth Consecutive Year
- 4 years 7 months ago
- Risk Management
LexisNexis® Risk Solutions announced that it ranks 11th in the 2022 Chartis Research RiskTech100®, rising six spots since last year in the most comprehensive independent study of the world’s major players in risk and compliance technology. LexisNexis Risk Solutions has also been selected by Chartis Research as the category winner for Financial Crime - Data for the fourth consecutive year.
Alternative Investment Exchange Announces Integration With UMB Fund Services’ Systems
- 4 years 7 months ago
- Investment, Asset Management, Wealth Management, Alternative Finance
Alternative Investment Exchange (AIX), an alternative investment technology firm that makes it easier for wealth managers and fund sponsors to do business in alternatives, announced the development of a direct data connection with
INVESTMENTSPlum Snags $13.9M in Series A Funding
- 4 years 7 months ago
- Fundraising News, Management, Money Transfers
London-based FinTech Plum on Friday (Oct. 15) announced the close of a 12 million euro ($13.9 million) Series A funding round, part of an anticipated 20.7 million euro ($24 million) effort that will be used to expand the company and increase interest in its money management app.
BCR Publishes its 3rd Annual Report Demonstrating How the Alternative Remedies Package has Shifted the Market for SME Banking
- 4 years 7 months ago
- Fund Management, IT Innovations
BCR also provides progress updates on Public Commitments from Pool A, B, C and D Capability and Innovation Fund recipients BCR Annual Report
Dakota Credit Union Association Collaborates with Leading AI-based Credit Decisioning Platform Provider Scienaptic AI
- 4 years 7 months ago
- Artificial Intelligence, Lending, Credit Cards
Scienaptic announced today a collaboration with the Dakota Credit Union Association (DakCU) enabling the company to offer its AI-based credit underwriting technology to credit unions throughout North and South Dakota.
Credit Card Confusion: Clearpay Launches New Report Calling For More Transparency In The Sector
- 4 years 7 months ago
- Credit Cards
Two in five Brits are confused about credit scores, 62% are anxious about interest or fees and nearly half are concerned about how credit card debt or credit checks will impact their future
Prytek Secures $107 Million of Growth Capital From Davidson Kempner to Support Its Expansion Strategy
- 4 years 7 months ago
- Investment, Asset Management
Today, we announce that multinational group Prytek Holdings Pte. Ltd. (“Prytek” or the “Group”) has secured a $107 million committed investment from certain affiliates of Davidson Kempner Capital Management LP (“Davidson Kempner”), as it continues its rapid growth trajectory. A representative of Davidson Kempner will join Prytek’s Board of Directors and Investment Committee.
1741 Extends Partnership with NeoXam by Upgrading to Fund Accounting Software GP4
- 4 years 7 months ago
- Fund Management
The 1741 Group have reaffirmed their longstanding partnership with NeoXam, a leading financial software provider, by becoming one of the first customers to move across to the latest software generation of NeoXam’s fund accounting software GP4.
Appital Appoints Capital Markets and Financial Technology Specialist Mike Wharton as Head of Product
- 4 years 7 months ago
- People Moves
Appital, the equity capital marketplace, today announced that Mike Wharton, a technologist with a background in equity capital markets, has been appointed as Head of Product. Mike will support the delivery of Appital’s vision to bring innovation and automation in equity capital markets, unlocking and uncovering liquidity for investors and enabling them to gain greater exposure to deal flow and execution opportunities.
Cerbos Raises $3.5M Seed Round to Transform Software ‘Permissions’
- 4 years 7 months ago
- Fundraising News, FinTech StartUps
● Founded by Emre Baran, an ex-Googler, serial entrepreneur, and co-founder of Yonja and Qubit; and Charith Ellawala, a seasoned software engineer who spent many years at Ocado, Elastic and Qubit. Baran and Ellawala spotted a way to solve the rapidly growing cost burden for software companies. ● Cerbos helps software companies, and organisations that build or use a wide-ranging software stack, to streamline user permissions.
Global Fantasy Sports Platform Sorare Selects SEON Fraud Prevention Solution
- 4 years 7 months ago
- Blockchain, Fraud Detection
Company chooses modern fraud detection and prevention tool to protect against referral and NFT fraud on its cutting-edge blockchain platform
