Motive Partners ("Motive"), a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry ("financial technology"), has received the necessary regulatory approvals and completed the sale of Global Shares to J.P. Morgan. Motive invested in Global Shares in August 2018, acquiring a ~40% stake in the business.

Talking about starting a small business, you would need to get funding. From start-up costs to other expenditures, it is mandatory to have enough cash. However, not all people can fund their new venture directly. They require a dedicated loan that gets accepted ASAP, then starts the business. 

San Francisco-based blockchain payments company Ripple, which is embroiled in a high-profile battle with the U.S. securities regulator, is interested in potentially purchasing assets of bankrupt crypto lender Celsius Network, according to a company spokesperson.

Email is a crucial function of business communication, which many organisations strongly rely upon. But as the pandemic brought a new world of remote and hybrid working, it’s arguably more important than ever to keep both individuals and organisations connected – wherever they may be. A staggering 333.2 billion emails are sent and received daily – but in turn, it’s inevitable that typos can occur or the wrong attachments are sent to the wrong person.

Fintech platform Pomelo Pay has partnered with cryptocurrency payments services provider TripleA to enable businesses financial institutions, merchant acquirers, payment service providers and other fintechs, to offer cryptocurrency payments and pay-outs 

Reliance on email is a standard business practice in order to effectively communicate both internally and externally. This has proven to be of utmost importance as a majority of workforces have transitioned to hybrid working, but this, in turn, has also increased the size of the threat landscape – with cyber attackers targeting vulnerable workers who are away from the immediate support from IT teams.

Upper90, a leading provider of hybrid growth capital, has raised $180 million in a capped initial closing for its third fund. Commitments came from a strategic investor base of 300 entrepreneurs to help founders scale with less dilution. The firm has pioneered a new investment model combining tailored credit and equity for alignment with technology businesses that have predictable revenue or collateral.

Over one million people have completed Revolut's crypto education course in the first month since its launch, demonstrating a public appetite for the speculative asset class during times of rampant inflation.

Wise has struck an open finance agreement with Plaid that will enable the former's 13 million customers to connect their accounts to thousands of apps.

Based on Plaid's open finance tool Core Exchange, the arrangement means that people can connect their Wise USD local account to thousands of other apps - including Venmo, Truebill and Chime - to easily move money back and forth.

Payments infrastructure platform Finix has raised $30 million in a funding round joined by American Express.

The General Partnership, Franklin Templeton, Acrew Capital, Bain Capital Ventures, Cap Table Coalition, Homebrew, Insight Partners, Inspired Capital, Lightspeed Venture Partners, Precursor Ventures, PSP Growth, and Vamos Ventures participated in the round.