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Indonesian Financial Technology Company Investree Secures $231M

Indonesia’s digital lending giant, Investree, is on the brink of clinching a significant series D funding, amassing up to €220m ($230.8m) via the establishment of a new joint venture based in Doha.

Friday, October 6, 2023 - 15:25
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Financial IT
B2B Payments Fintech Getpaid Raises €5.7M in Seed Round

Getpaid, a European payments startup for marketplaces and platforms, has raised $6 million in a seed funding round led by Nordic investor Inventure with participation from Picus Capital as well as high-profile business angels from the payment and marketplace industry.

Friday, October 6, 2023 - 15:23
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Financial IT
Modern Treasury Joins J.P. Morgan’s Payments Partner Network

Modern Treasury, the operating system for the new era of payments, has joined J.P. Morgan’s Payments Partner Network. This ecosystem of end-to-end payment solutions is designed to meet business needs at any scale.

Friday, October 6, 2023 - 15:17
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Financial IT
Galileo Expands Buy Now, Pay Later Offering to Help Lenders Reach SMBs

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., announced today that its Ga

Friday, October 6, 2023 - 15:03
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Financial IT
Rainforest Grows with $11.75M Seed Round Funding

Rainforest, a Payments-as-a-Service platform, has recently confirmed the successful completion of an $11.75m seed funding round.

The round saw significant involvement from esteemed backers including Accel, who took the lead, as well as support from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners, and a host of strategic angel investors.

Friday, October 6, 2023 - 14:59
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Financial IT
Climate Finance Startup Pyrpose Opens Public Beta Enabling Consumers to Directly Support Climate Innovators

Pyrpose, the breakthrough climate finance platform which connects climate conscious consumers directly with climate innovators to reduce future carbon emissions, has opened to the public, readying for the launch of its MVP early next year. 

Friday, October 6, 2023 - 11:37
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Financial IT
State of the Nation: AI in Financial Services

Since the explosion of generative AI earlier this year, enterprises have raced to roll out strategic plans for its adoption. 91% of businesses in a recent Colt study intend on adopting AI in some form – up from 33% since December 2022. Despite, or perhaps driven by, a tight regulatory environment, the financial industry is striding ahead with its adoption of AI to accelerate and enhance a diversity of business applications – and customers are set to benefit.  

Friday, October 6, 2023 - 11:21
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Financial IT
Getnet and Ebury Will Participate in Money20/20 USA

Ebury, a London-based global fintech specializing in cross-border payments and FX solutions, with a presence in over 20 countries, and Getnet Brasil, a technology provider for payment solutions, belonging to Santander's PagoNxt global group, will be present at the Money20/20 USA edition. The event has become the main stage for the payments, banking and fintech community.

Friday, October 6, 2023 - 11:08
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Financial IT
Niyo Strengthens its Business Alliance with DCB Bank Ltd. to Offer a Holistic Travel Banking Suite for Customers

Niyo, India’s leading travel banking fintech, has extended its strategic partnership with DCB Bank Ltd. for its flagship product, Niyo Global, to further strengthen its positioning in the travel banking sector and provide customers with a comprehensive banking suite along with unparalleled international travel card benefits.

Friday, October 6, 2023 - 11:06
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Financial IT
The Perfect Match – Raisin Bank Enters Custody Business and Chooses Upvest as its New Investment Infrastructure Provider

Berlin-based fintech Upvest provides the Frankfurt-based Banking-as-a-Service provider Raisin Bank, one of Europe's leading service banks, with its Investment API infrastructure for brokerage, custody and settlement. With Upvest, Raisin Bank lays the foundation to provide its existing and future customers with new products.

Friday, October 6, 2023 - 10:48
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Financial IT

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