Stackwell, the digital investment platform created to eliminate the racial wealth gap, announced the successful closing of a $3.5 million seed funding round that will accelerate the company’s launch plan, allowing it to rapidly reach key product development and go-to-market milestones, as well as support the hiring of key personnel. The funding round was led by Michael Gordon, President of Fenway Sports Group, Jeremy Sclar, CEO and Chairman of WS Development and The Kraft Group.

Over the past few years, Coinbase has played a central role in developing and strengthening crypto markets as the safest, most trusted bridge to the crypto economy.

Reuters Events is connecting more than 40 Insurance leaders and 350+ industry representatives this October to investigate how the sector can continue to deliver value through uncertainty.  

SME funding provider Accelerated Payments announced today that it has made another strategic appointment with Dermot Nutley stepping into the role of Chief Operating Officer. 

Detected, the London-based fintech that provides frictionless global business onboarding, today announces that it has hired Top 100 Women in Fintech, Rebecca Duckworth, as Chief Revenue Officer.

Square, the globally trusted software, payments, and hardware solution for businesses of all sizes, has today released new research that looks at the future of professional services across the UK. 

Wirex, a leading crypto and payments ecosystem, has expanded the Wirex Credit program to new regions and developed additional features. Their crypto-back credit lines are now available to UK users and has added WXT as a token to be used as collateral.

Ranqx, the digital lending platform built specifically for lenders to small-to-medium sized businesses (SMBs), expands its work with Visa into North America.

According to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment, U.S. retail spending excluding automotive increased +11.2% year-over-year in July, while retail sales excluding automotive and gas rose +9.0%. Notably, e-commerce sales were up 11.7% YOY, a sharp increase after months of softer growth.

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, today won its fourth major award in the past five weeks as the firm’s Validus platform was named Trade Surveillance Product of the Year at the 2022 Risk Technology Awards.