Douugh Secures up to $20M in Discretionary Equity Funding from US Investment fund Long State
- 3 years 9 months ago
- Banking
Douugh Ltd, the banking ‘super app’ on a mission to help customers manage and grow their money, today announced it has entered into a $20 million equity placement facility agreement with Long State Investments Limited. Based in New York City, Long State has significant experience in investing in disruptive early-stage public companies in high growth-oriented sectors, including fintechs.
HSBC Working with IBM to Accelerate Quantum Computing Readiness
- 3 years 9 months ago
- Banking, Fraud Detection, Risk Management
Bank envisions application of quantum capabilities for priorities such as pricing and portfolio optimization, sustainability, risk and fraud Expands internal talent with quantum specialists
3S Money Launches Trade Finance Fund to Supercharge SME Global Trading
- 3 years 9 months ago
- Trade Finance, e-Payments, Banking
· Fund set to lend at least £100m to SMEs over the next three years · 3S Money on a mission to help small businesses from a wide variety of jurisdictions go global · Financing provided by Dutch fund, FGR 3S Global Trade Finance Fund, which is managed by 3S Money’s Dutch subsidiary, 3S Capital Partners B.V.
10x Banking CEO and Core Banking Platform Win Two Top FinTech Awards
- 3 years 9 months ago
- Platform Technology, Core Banking
10x Banking (10x), the financial technology firm that is disrupting the core banking sector, has been recognized as one of
Greenbank Capital Portfolio Company Codikoat Delivers Revolutionary Biosafety Product and Enters Into Partnerships
- 3 years 9 months ago
- Banking
Antimicrobial innovation helps solve significant public touchscreen health hazard CodiKoat partners with MedTech firm BDK and raw metal company Keeling & Walker
Nymbus Announces Turnkey SMB Offering for Credit Unions
NYMBUS®, a leading provider of banking technology solutions, today introduced SMB Launch for Credit Unions. An extension of the company’s award-winning Launch solution, Nymbus’ latest offering equips credit unions with a lightweight, cost effective toolbox of state-of-the art technology and services catered specifically to meet the needs of today’s underserved small and medium sized businesses.
Snapdeal Partners with Cashfree Payments to Enable Instant Refunds for CoD Orders
Buyers can encash their own refunds whenever and however they want Snapdeal, India’s leading value commerce platform, today announced its partnership with India’s leading payments and API banking solutions company, Cashfree Payments, to enable instant processing of refunds against Cash on Delivery (CoD) orders.
JPMorgan Investors Press for More Details on Tech Spending
- 3 years 9 months ago
- Investment, Payments, Banking
JPMorgan Chase shareholders have privately told CEO Jamie Dimon and other top executives that they want more information about the bank’s plans for technology spending, per the Financial Times.
Klub Partners with Cashfree Payments to Finance 5,000 Merchants
India’s leading Revenue Based Financing player and leading payments and API Banking solutions platform join hands to promote embedded capital offering to Cashfree’s merchants
Knowledge Bank adds Proportunity Criteria
Proportunity, the shared equity loan provider, has partnered with Knowledge Bank to make its products available on the industry leading criteria search platform for brokers. The Knowledge Bank criteria database is the largest in the UK, and contains over 135,000 individual criteria from over 270 lenders.
Banking as a Service Gains Unstoppable Momentum, Finastra Research Shows
85% of senior executives surveyed are already implementing BaaS solutions or are planning to in the next 12-18 months
PwC Australia Assists RedZed to Transform Mortgage Lending with nCino's Mortgage Solution
Australian mortgage lender completes digital transformation with robust, end-to-end platform
Anonymous Claims to Have Hacked the Central Bank of Russia
- 3 years 9 months ago
- Banking
The Anonymous hacker collective claims to have hacked the Central Bank of Russia and stole accessed 35,000 documents. Anonymous continues to target Russian government organizations and private businesses, now it is claiming to have hacked the Central Bank of Russia.
Wahed Adds Islamic Mutual Funds Veteran to Team
- 3 years 9 months ago
- Fund Management, Islamic Finance
Haitham Al-Sayed joins Wahed as its new Global Head of Institutional Sales and Advisory Services
Citi and Etihad form Global Partnership for Treasury Transformation
- 3 years 9 months ago
- Cash management, Banking
Etihad Airways, the national airline of the United Arab Emirates, selected Citi as its international cash management bank partner Citi has renewed its cash management mandate with Etihad, further assisting the airline with a major Treasury transformation journey, helping to move its automation, digitalization and overall efficiency to the next level.
