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Over 60% of FinTechs Face Dissatisfied Graduates Quitting Grad Schemes

64 per cent of FinTechs face dissatisfied graduates quitting their grad schemes, according to research from strategic talent solutions partner FDM Group.

35 per cent of employees in financial institutions revealed that their organisation offers a limited graduate scheme, due to the time required to train new staff taking too long.

Friday, August 11, 2023 - 12:11
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/news/fintech-startups/over-60-fintechs-face-dissatisfied-graduates-quitting-grad-schemes
Financial IT
GUUD Integrates INFT Supply Chain Financing Platform and RYTE Trade Finance Application Portal, Empowering SMEs with Diverse Trade Finance Solutions for Global Competitiveness

GUUD Pte Ltd, a cross-border trade facilitation solutions company, has announced the seamless integration of its cutting-edge INFT supply chain financing platform with its award-winning RYTE Multi-Bank Trade Finance Application Portal (RYTE TFAP) in a strategic move to revolutionize the trade finance landscape. this breakthrough integration aims to empower small and medium-sized enterprises (SMEs) by providing them with a wide range of trade finance solutions to enhance their competitiveness in the global marketplace.

Friday, August 11, 2023 - 12:00
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/news/trade-finance/guud-integrates-inft-supply-chain-financing-platform-and-ryte-trade-finance
Financial IT
Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. 

Friday, August 11, 2023 - 11:55
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/news/asset-management/prontoblock-and-mercantile-bank-international-partner-modernize-125-trillion
Financial IT
BharatPe Launches BharatPe Swipe Android Machine for Merchants: Plans to Double its POS Network Over the Next 12 Months

BharatPe, India’s leading name in fintech industry, today announced the launch of its new Android Point of Sale (POS) terminal. Known as BharatPe Swipe Android, the device offers multiple modes for digital payment acceptance, including debit/credit cards, UPI, mobile wallets and QR code. The company, which had launched Linux-based POS devices in the year 2020, already has a network of over 2 lakh POS machines across 400+ cities in the country, and is one of the top 3 fintech players in the POS category.

Friday, August 11, 2023 - 11:44
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/news/payments/bharatpe-launches-bharatpe-swipe-android-machine-merchants-plans-double-its-pos
Financial IT
Vantage Awarded Best Australian Broker by Ultimate Fintech for the Second Year Running

Multi-asset broker Vantage Markets was awarded two Ultimate Fintech (UF) awards at this year’s UF APAC Awards ceremony in Bangkok. 

Friday, August 11, 2023 - 10:41
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/news/trading-systems/vantage-awarded-best-australian-broker-ultimate-fintech-second-year-running
Financial IT
FinovateFall Returns to New York!

70+ innovative demos. 100+ expert speakers. 2,000+ influential attendees, including 1,000+ from financial institutions. The connections and ideas you need are at FinovateFall.

Friday, August 11, 2023 - 10:23
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/news/fintech-startups/finovatefall-returns-new-york
Financial IT
Moove Raises $76M with Investment from Mubadala and BlackRock

Moove, the world's first mobility fintech, announces today that it has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in previously undisclosed funds raised during the prior twelve months.

Thursday, August 10, 2023 - 16:03
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/news/fundraising-news/moove-raises-76m-investment-mubadala-and-blackrock
Financial IT
Endowus Grows Wealthtech Leadership in Asia with New US$35M Fundraise

Endowus, Asia’s leading digital wealth platform has raised US$35 million in its latest funding round. New investors include Citi Ventures and MUFG Innovation Partners, as well as four of Asia’s wealthiest families with various operating businesses spanning banking to real estate across Singapore, Southeast Asia, and Greater China including Hong Kong.

Thursday, August 10, 2023 - 15:59
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/news/fundraising-news/endowus-grows-wealthtech-leadership-asia-new-us35m-fundraise
Financial IT
NCR Helps First Bank Evolve Self-Service Banking with Branch Transformation and Allpoint Network

NCR Corporation, a leading enterprise technology provider, today announced that $6.6 billion-asset 

Thursday, August 10, 2023 - 15:44
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/news/atms/ncr-helps-first-bank-evolve-self-service-banking-branch-transformation-and-allpoint
Financial IT
Why Lithuania's Fintech is Booming

Lithuania is becoming increasingly established in the Fintech sector and is gaining more international recognition. The statistics do not lie – the country is attracting more investments and interests from foreign businesses every year. For example, in 2022, this sector attracted investments in the amount of EUR 67.9 million to Lithuania. During H1 2022, the country's fintechs recorded an impressive EUR 375 million in revenue, marking an 80% increase compared to the same period in the previous year.

Thursday, August 10, 2023 - 14:44
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/blog/fintech/why-lithuanias-fintech-booming
Financial IT

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