Linker Finance, a platform that empowers community banks to take back control of their digital banking experience through a secure and holistic mobile and online digital banking platform, has successfully raised $3.7m in seed financing. The round is led by Ten One Ten Ventures and Chingona Ventures.
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Shift, a leading provider of credit and payment products to Australian businesses, announced today that it has closed an $AUD35 million Series D funding round, led by Peak XV Partners (formerly Sequoia Capital, SEA).
Visa, a world leader in digital payments, today announced the launch of its Money Movement Advisory Practice in the United States and Canada. The new value-added service, offered by Visa Consulting & Analytics (VCA), the payments consulting advisory arm of Visa, focuses on helping clients and partners navigate the increasingly sophisticated money movement industry and capture opportunities that are estimated at $200T 1 globally.
Axio is pleased to announce that it has raised $20 million from the Amazon Smbhav Venture Fund. This significant investment marks a major milestone in Axio's mission to enhance credit accessibility for small and medium-sized enterprises (SMEs) in India.
Advapay, a provider of core banking and digital banking software for fintech companies, is pleased to announce an exclusive partnership with ICT Misr, a prominent IT consultancy firm and systems integrator headquartered in Egypt. This strategic collaboration will enable Advapay to expand its reach and offer solutions to customers in Egypt and Libya.
Bitget Wallet, the leading global Web3 wallet with 30 million users, has introduced a pioneering feature that lets users create and access Web3 wallets using their Telegram accounts. This innovation offers a seamless entry into decentralized finance, allowing Telegram users to easily log into a keyless MPC wallet and explore the Web3 world. By eliminating the complexities of private key management, this feature greatly enhances security and user experience, making it simpler than ever to dive into Web3.
Adyen, the financial technology platform of choice for leading companies, announces a global partnership with Swedish home furnishing business IKEA. The new partnership with Adyen will allow IKEA to connect the dots between in-store and digital sales channels and offer better payment and loyalty experiences for customers.
Freetrade, the commission free investment platform, has launched ‘share lending’ to its clients, a new service powered by Sharegain that enables its clients to generate passive income from lending their stocks and ETFs.
With Sharegain, Freetrade was able to launch its securities lending program with no upfront costs and no additional headcount. Sharegain’s technology solution enables clients to launch programs that comply with the relevant regulatory requirements, including CASS and SFTR.
ACI Worldwide , an original innovator in global payments technology, and Mexipay, a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico’s real-time payments ecosystem, with the aim of driving instant payments adoption and boosting economic growth and financial inclusion for Mexico’s businesses and consumers.
Today, Teya announced the launch of its new product – Teya Tap. The product allows business owners to accept payments directly with their Android phones, removing dependencies on physical card machines.
Being able to accept contactless payments in the UK is highly important, with 85% of people in the country using contactless payments at least once a month (according to UK Finance).