All content with RSS

Juniper Research: B2B Payments to Reach $124 Trillion Globally by 2028, as Instant Payment Rails Revolutionise Cross-border Payments

A new study from Juniper Research, the foremost expert in payments markets, has found the value of B2B payments will grow 40% by 2028, from $89 trillion in 2024, due to digital p

Monday, February 5, 2024 - 10:06
58408
/news/payments/juniper-research-b2b-payments-reach-124-trillion-globally-2028-instant-payment-rails
Financial IT
Geidea and Fils Forge Alliance to Drive Sustainability in Digital Payments

Geidea, recognized as one of the 25 top Fintech companies by Forbes Middle East, renowned for its innovative solutions and substantial market impact proudly announces its strategic partnership with Fils, a revolutionary force in simplified climate action, empowering businesses of all sizes to embed climate positivity into transactions using their API.

Monday, February 5, 2024 - 09:21
58407
/news/payments/geidea-and-fils-forge-alliance-drive-sustainability-digital-payments
Financial IT
Airwallex and McLaren Racing Pen Multi-year Partnership to Modernize Global Payment Operations and Support the Formula 1 Team

Airwallex, a leading global payments and financial platform for modern businesses, today announced a multi-year partnership with the McLaren Formula 1 team, one of the sport’s most iconic brands.

Monday, February 5, 2024 - 09:14
58406
/news/treasury/airwallex-and-mclaren-racing-pen-multi-year-partnership-modernize-global-payment
Financial IT
Mastercard and Last Mile Solutions Launch a Universal Payment-terminal Solution for EV Charging in Europe

Today, Mastercard and Last Mile Solutions announced a new partnership to establish new payment standards for the Electric Vehicle (EV) charging industry, that will enhance the user payment experience at charging stations.

Monday, February 5, 2024 - 08:24
58405
/news/payments/mastercard-and-last-mile-solutions-launch-universal-payment-terminal-solution-ev
Financial IT
Lendbuzz Completes $219 Million Asset-Backed Securitization

Lendbuzz Inc, the AI-based fintech company that is disrupting the automotive lending industry, announced today that it has closed a $219 million securitization collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.

Friday, February 2, 2024 - 14:12
58403
/news/fundraising-news/lendbuzz-completes-219-million-asset-backed-securitization
Financial IT
Modern Benefits Leader, Benepass, Secures $20M in Funding

Benepass, a flexible benefits platform for people-first companies, announced today that the company has raised $20 million in additional funding led by Portage and Clocktower Technology Ventures. Stephanie Choo, Partner at Portage has joined the Benepass Board of Directors. Workday Ventures and existing investors Threshold Ventures and Gradient Ventures also participated in the funding round.

Friday, February 2, 2024 - 13:47
58402
/news/fundraising-news/modern-benefits-leader-benepass-secures-20m-funding
Financial IT
Tokenbridge Launches Model Portfolio Token Design for Institutions and Wealth Managers

Tokenbridge, a token aggregator and distribution platform streamlining the wealth and fund management ecosystem, today announces the introduction of new features to support the construction, distribution, and evaluation of tokenized model portfolios.

Friday, February 2, 2024 - 12:38
58401
/news/investment/tokenbridge-launches-model-portfolio-token-design-institutions-and-wealth-managers
Financial IT
WiseAlpha Expands into the Banking and Wealth Trading Solutions Arena

WiseAlpha, the first company to invent fractional bonds, has announced a new wealth management portal and white-label solution, making it easier than ever for wealth managers to give clients access to fractional bonds. 

Friday, February 2, 2024 - 12:25
58400
/news/wealth-management/wisealpha-expands-banking-and-wealth-trading-solutions-arena
Financial IT
Sunbit Closes $310M Debt Warehouse Facility with Citi and Ares Management

Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds. Established in 2016 to transform how consumers access, use, and benefit from credit, Sunbit will leverage the funds to meet ever-increasing consumer demand for the company’s market-dominant Buy Now, Pay Later (BNPL) solution and the next-gen, no-fee Sunbit Card.

Friday, February 2, 2024 - 11:49
58399
/news/fundraising-news/sunbit-closes-310m-debt-warehouse-facility-citi-and-ares-management
Financial IT
Kriya Secures £50M in Debt Financing from Viola Credit

Kriya, the B2B payments fintech, today announces that it has secured a new £50 million debt facility from a long-standing debt partner, Viola Credit. This will allow the fintech to power over £1 billion of B2B Payments over the next 24 months.

Friday, February 2, 2024 - 11:41
58398
/news/fundraising-news/kriya-secures-ps50m-debt-financing-viola-credit
Financial IT

Pages