Dodo Payments, a fintech company focused on cross-border transactions, has secured $1.1 million in pre-seed funding. The investment round was led by Venture Catalysts, Antler, and 9Unicorns, with participation from several angel investors, including industry leaders from PayU, Oyo, Flipkart, and a16z.
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The crypto exchanges Bitso, Foxbit, and Mercado Bitcoin (MB), together with Cainvest, an international liquidity provider, announced the launch of BRL1, a stablecoin pegged to the Brazilian real. Initially created to eliminate barriers in the movement of Brazilian real values between national and international exchanges, BRL1 aims to make the Brazilian market much more liquid and attractive.
A new survey of 4,500 travelers across five markets commissioned by travel payments specialist Outpayce from Amadeus, reveals growing demand for robust payment security, with over 70% of travelers stating they would choose a travel company based on its strong reputation for secure commerce.
Zero Hash, the leading crypto and stablecoin infrastructure platform, today announced the integration of PayPal USD (PYUSD), a regulated stablecoin issued by Paxos Trust Company on behalf of PayPal. This integration allows Zero Hash customers to access PYUSD on both the Ethereum and Solana networks and adds to its comprehensive offering of stablecoins, including USDC (supported across 14 blockchains), USDT, DAI, EURC, RLUSD, and USDP.
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), today announced the successful migration of operations for
Smartpay Corporation, provider of the "Smartpay" Buy Now Pay Later service, announces the launch of embedded insurance products in the Japanese market, following one year of partnership with Chubb Insurance Japan (Headquarters: Shinagawa-ku, Tokyo; President: Edward Kopp; hereinafter "Chubb Japan"), the Japanese subsidiary of Chubb Group, a world leader in insurance.
Current Challenges in the Insurance Industry
With traditional revenue models such as subscription fees and one-time sales becoming less reliable for driving business growth in today’s digital and competitive financial economy, financial technology companies are under pressure to diversify their revenue streams.
Natech Banking Solutions, the leading banking technology platform in Southern Europe, is reinforcing its leadership team with the appointment of George Nikolaropoulos as Chief Technology Officer (CTO) and George Rogkakos as Chief Product Officer (CPO).
BlockFills, a premier destination for digital asset trading and market technology leveraged by institutions and professional traders, and CQG, a leading global provider of high-performance technology solutions for market makers, trad