All content with RSS

RedotPay Secures $40 Million Series A Funding To Accelerate Global Crypto Payment Solutions

RedotPay, a leading crypto payment platform, today announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024, with significant investments from HSG and Galaxy Ventures. The round also saw participation from DST Global Partners, Accel, Vertex Ventures (Temasek-backed VC), among other investors.

Friday, March 14, 2025 - 10:50
64190
/news/fundraising-news/redotpay-secures-40-million-series-funding-accelerate-global-crypto-payment
Financial IT
DTCC’s GTR To Add MiFID/R Reporting Capabilities To Further Support Market Participants With Transaction And Trade Reporting Obligations

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its plans to add a Markets in Financial Instruments Directive/Regulation (MiFID/R) ARM service to its Global Trade Repository (GTR) service in support of evolving transaction and trade reporting requirements. Subject to regulatory approval, the service is targeted to be launched in the UK by Q1 2026 and in the EU in line with the upcoming regulatory changes.

Friday, March 14, 2025 - 10:45
64189
/news/trading-systems/dtccs-gtr-add-mifidr-reporting-capabilities-further-support-market-participants
Financial IT
Atoa Secures UK FCA Authorisation As An Authorised Payment Institution

Atoa Payments Limited, a leading provider of open banking-enabled payments, has secured regulatory approval from the UK Financial Conduct Authority (FCA) to operate as an Authorised Payment Institution (API). This milestone marks a significant step in Atoa’s rapid expansion, allowing the company to extend its innovative payment services to larger businesses across the UK.

Friday, March 14, 2025 - 10:42
64188
/news/payments/atoa-secures-uk-fca-authorisation-authorised-payment-institution
Financial IT
COCA Enters The U.S. Market With Ramp Network Partnership, Bringing Crypto Access To 330 Million Americans

COCA, the next-generation crypto wallet designed with security and simplicity, has announced its strategic partnership with Ramp Network, a leading fiat-to-crypto on-ramp provider. This collaboration marks COCA's official entry into the U.S. market, enabling millions of Americans to purchase cryptocurrency at market-leading rates and securely store it using Multi-Party Computation (MPC) technology.

Friday, March 14, 2025 - 08:26
64187
/news/cryptocurrencies/coca-enters-us-market-ramp-network-partnership-bringing-crypto-access-330
Financial IT
EquiLend Secures Minority Investment From BNY

EquiLend, the global leader in technology, data and analytics solutions for the securities finance industry, today announced a minority investment from an affiliate of The Bank of New York Mellon Corporation.

Friday, March 14, 2025 - 07:17
64186
/news/investment/equilend-secures-minority-investment-bny
Financial IT
Mastercard Partners With CredibleX To Empower SMEs With Enhanced Access To Financing

In a new collaboration, Mastercard’s Small Business Credit Analytics (“SBCA”) will now be integrated into CredibleX’s embedded financing journey. This innovative partnership, the first utilization of this product in the region, provides CredibleX with enhanced data-driven insights based on anonymized and aggregated transaction data. It will empower small and medium enterprises (SMEs) by enhancing and simplifying their access to financing. 

Friday, March 14, 2025 - 07:14
64185
/news/lending/mastercard-partners-crediblex-empower-smes-enhanced-access-financing
Financial IT
SoFi Expands Loan Platform Business With $5 Billion Agreement With Blue Owl Capital Funds

SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, a leading asset manager with over $250 billion in assets under management. This move marks SoFi’s largest Loan Platform Business agreement to date.

Friday, March 14, 2025 - 07:12
64184
/news/lending/sofi-expands-loan-platform-business-5-billion-agreement-blue-owl-capital-funds
Financial IT
Pagaya Closes New AAA-Rated $500 Million Consumer Loan ABS Deal

Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $500 million AAA-rated personal loan ABS transaction (PAID 2025-2).

Since 2018, Pagaya has raised over $27 billion across 67 ABS transactions to fund loan originations across multiple products, including personal loan and auto.

Friday, March 14, 2025 - 07:10
64183
/news/infrastructure/pagaya-closes-new-aaa-rated-500-million-consumer-loan-abs-deal
Financial IT
SEON Strengthens eCommerce Capabilities With New Automated Chargeback Management Solution

SEON, the leader in digital fraud prevention and compliance, today announced the availability of its new automated chargeback management solution, which combines early fraud detection and automation of the chargeback dispute process—empowering eCommerce merchants to stop fraudsters in real time and manage chargebacks effortlessly.

Thursday, March 13, 2025 - 17:09
64182
/news/e-commerce/seon-strengthens-ecommerce-capabilities-new-automated-chargeback-management-solution
Financial IT
PayMaple Launches Accounts Payable Solution To Simplify Vendor Payments

PayMaple LLC, a leading provider of innovative payment solutions, is excited to announce the launch of its new Accounts Payable solution, designed to streamline vendor payments and eliminate the inefficiencies of traditional payment methods.

Thursday, March 13, 2025 - 17:04
64181
/news/payments/paymaple-launches-accounts-payable-solution-simplify-vendor-payments
Financial IT

Pages