Mercurity Fintech Holding Inc., a digital fintech group, is pleased to announce that on November 30, 2023, it priced a private investment in public equity (“PIPE”) offering, through which it sold an aggregate of 14,251,781 units of its securities, each consisting of one (1) ordinary share and three (3) warrants, to one non-U.S. institutional investor at an offering price of $0.421 per unit, for the gross proceeds of $6 million (the "Gross Proceeds"), prior to the deduction of fees and offering expenses payable by the Company.
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emerchantpay, a leading global payment service provider and acquirer announces that it will be partnering with Germany-based fintech company Rubean AG, Munich, to offer Rubean’s PhonePOS, a Software Point of Sales (SoftPOS) solution for Android devices, to partners and merchants in the UK and Europe.
Robo.cash forecasts that the P2P lending market in continental Europe will reach 579.2 M euros in December 2024. The main trends for the coming year include elevated market polarization, entry into new geographies and expansion of investor opportunities.
Oxane Partners("Oxane"), a leading technology-driven solutions provider to private markets, announced today that it has achieved global information security accreditations by successfully completing Systems and Organizations Control (SOC) audits and the International Organization For Standardization (ISO) 27001 certifications. These accreditations underscore Oxane's commitment to maintaining the highest standards in information security, data management, and process control.
Adyen, the global financial technology platform for many of the world's leading companies, is proud to announce the company is strengthening its global partnership with Klarna, the AI powered global payments network and shopping assistant. In this new partnership, Klarna will benefit from Adyen’s acquiring capabilities to simplify card payments for Klarna's 150 million consumers and 500,000 retail partners globally.
Nearly a million customers across the UK are at risk of having no major bank branch in their local area within a matter of months, according to a new study on the state of banking in the UK.
Hashdex, a leading global crypto-focused asset manager, today announced the release of
In a strategic move to provide it with a platform to launch operations across the European Union (EU), Swiss-Israeli fintech startup Okoora has opened a new branch in Limassol, Cyprus. These new European offices will support the organization’s push to obtain an EMI (Electronic Money Institution) license, which will assist it in facilitating incoming and outgoing electronic payments within EU countries, and a Financial Brokerage license, granting authorized European investment company status.
Salmon, a leader in financial technology solutions, announces the appointment of Franchette Chingcuanco-Cardona as its Chief Marketing Officer for the Philippines.
Wise Platform, Wise’s global payment infrastructure for banks and major enterprises, today announces a new partnership with Allica Bank to provide UK businesses with a transparent and low-cost way to send money internationally.