Kotak Mahindra Bank Limited (“KMBL”/“Kotak”) today announced that it will be providing finance to dealers onboarded on actyv.ai, an AI-powered enterprise SaaS platform. KMBL will provide short-term finance under the ‘Buy Now, Pay Later’ category for the working capital needs of dealers.

Eddid Financial (“Eddid” or the “Group”) announces its cooperation and investment in Q9 Capital (“Q9”, the “Firm”), a transformational crypto investment platform delivering cutting-edge solutions and capabilities to crypto and TradFi firms. Q9’s revolutionary investment engine and white-labelled solutions enable asset and wealth managers to seamlessly create, execute, manage, and report digital asset investment strategies through a single UI or API.

Bybit, the world’s third most visited crypto exchange, has announced the launch of a $100 million support fund to shore up institutional market makers during this challenging period in the crypto industry.

The fund will offer a helping hand to Bybit’s dedicated institutional clients with a maximum of up to $10 million per client available and is intended to support the industry as the fallout from recent events continues.

Mollie, one of the fastest-growing financial services providers in Europe, has revealed insights into online payment trends for small and medium-sized retailers on Black Friday and Cyber Week 2022. Sales performance was much stronger than expected, Buy Now, Pay Later and local payment methods are on the rise and average transaction values have increased.

Sales performance: Black Friday is now a week-long event

Industry players are on a mission to differentiate themselves, while merchants and consumers are demanding innovative ways to pay for what they buy.  A seamless payment experience is becoming more and more important to consumers and therefore merchants as e-commerce continues to be as competitive as ever.

Founded in 2017, Openly offers home insurance products in 19 states through a network of over 17,000 independent insurance agents.

SAN FRANCISCO -- AtoB, the first fintech payments platform to modernize the $790 billion trucking industry’s broken financial system, today announced it has raised $155 million in Series B funding.

NEW YORK, Jan. 18, 2022 -- Pinwheel, today announced that it raised $50M in a Series B round led by GGV Capital, with continued participation from Coatue, First Round Capital, and Upfront Ventures, as well as new investments from strategic partners including AMEX Ventures, Indeed, Kraken Ventures, Franklin Templeton, and more.

In recent years, the UK banking industry has experienced a high level of IT failures and crashes.