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South Africa's Fintech Startups Peach Payments Raises $31M

South African online payments firm Peach Payments is looking to enter new markets after securing $31 million in funding led by Apis Growth Fund II.

Peach Payments is the second largest online payment gateway in South Africa and has operations in Kenya and Mauritius. It now plans to enter new African markets.

Monday, April 10, 2023 - 10:41
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Financial IT
Bitget Launches $100M Web3 Fund to Support Next-Generation Crypto Projects in Asia

Bitget, a top crypto derivative and copy trading platform, launched its Bitget Web3 Fund during the Hong Kong Blockchain Week, with an initial investment of $100 million. The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.

Monday, April 10, 2023 - 08:40
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Financial IT
Fibank Customers First in Bulgaria are Able to Perform blink P2P Mobile Transfers

Following the launch of blink instant account transfers in 2022, 

Monday, April 10, 2023 - 07:56
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Financial IT
Malaysian B2B Fintech Soft Space Raises US$31.5M in Series B1 Funding to Expand Global Footprint

Malaysian SoftPOS player Soft Space has completed a $31.5 million Series B1 funding to expand its global footprint and widen its customer base.

Southern Capital Group led the funding round, with participation from returning investor transcosmos, strategic investor JCB, and venture capital fund Hibiscus Fund.

Drone manufacturer Aerodyne Group held the previous Series B funding record in the country when it raised $30 million in October 2019.

Friday, April 7, 2023 - 11:31
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Financial IT
Singapore-based Liminal Achieves the $5 Billion Transactions Milestone on its Platform as Digital Asset Adoption Grows Rapidly

Liminal, a wallet infrastructure and custody solutions platform, recently celebrated its successful two-year journey by announcing that it has processed transactions worth $5.6 billion on its platform, with over $550 million worth of assets under protection.

Friday, April 7, 2023 - 11:22
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Financial IT
Arcesium Launches AquataTM, an Advanced Data Platform Purpose-Built for the Investments Industry

Arcesium, a leading global financial technology firm, announced today the launch of AquataTM, a powerful out-of-the-box data platform. Aquata is engineered to empower various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to effortlessly access and manage their investment data.

Friday, April 7, 2023 - 07:43
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Financial IT
Lyfeguard appoints ex-Director of Digital at British Airways Jack Smith to Advisory Board

Lyfeguard, a life planning assistant and document management platform, has appointed ex-Director of Digital at British Airways, Jack Smith, to its advisory board to help drive commercial growth and digital customer experience strategy.

Thursday, April 6, 2023 - 15:47
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Financial IT
Remitly Appoints Two New Members to its Board of Directors

Remitly Global, Inc. (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced the appointments of Phyllis Campbell and Ryno Blignaut to its Board of Directors. 

Thursday, April 6, 2023 - 15:45
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Financial IT
BACB Announces Exceptional Results and CEO Succession

British Arab Commercial Bank (BACB), the UK-regulated, specialist trade finance bank has announced that today the Board of BACB Plc approved the 2022 financial statements which confirm that the Bank has successfully navigated challenging market conditions and delivered exceptional overall results. This is testament to the extensive efforts over the past two years to reshape and reposition the Bank through its strategy of Safe, Sustainable, Growth under the leadership of our CEO, Eddie Norton.

Thursday, April 6, 2023 - 15:44
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Financial IT
Union Credit, TransUnion Partner to Provide Consumers with Embedded e-Commerce Options from Credit Unions

Union Credit, a marketplace for credit unions to make firm, one-click credit offers at the point of purchase, today announced a partnership with TransUnion (NYSE: TRU) to better serve the evolving credit needs of consumers.

Thursday, April 6, 2023 - 15:36
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Financial IT

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