Stripe's Valuation Fell by 28%
- 2 years 5 months ago
- FinTech StartUps
An impartial party determines a 409A, which affects Stripe's common shares. If Stripe goes public, their preferred shares will be changed into common shares, devaluing their holdings. Stripe's current valuation is $74bn, down from $95bn, with an internal share price of $29. On 30 June, the payments processor emailed its share drop. Stripe follows several major fintech startups that have suffered severe devaluations since 2022. Klarna, a... more
Seven Startups Join Mastercard Start Path Program
- 2 years 5 months ago
- FinTech StartUps
Mastercard is expanding its award-winning Start Path startup engagement program to include seven early and late-stage startups hailing from the United States, Canada and Latin America. Carbon Neutral Club, Guava, oneKIN, Palla, SUMA Wealth, Truora and Yunit are the newest Start Path companies that are embedding climate action into company
11/07 – Weekly Fintech Recap
- 2 years 5 months ago
- Artificial Intelligence, Payments, Data, FinTech StartUps, M&A Deals, People Moves
Partnerships Marble and Gemini to Offer Cryptocurrency Rewards for Insurance
27/06 – Weekly Fintech Recap
- 2 years 6 months ago
- Payments, Data, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Phundex Limited and Gibson Strategy Formed a Strategic Alliance
Fintech Beanstalk Exceeds £650,000 Crowdfunding Target to Help More Families Save for Their Kids’ Future
- 2 years 6 months ago
- FinTech StartUps
Beanstalk, the family app that invests for your kids, has exceeded its crowdfunding target with new investments taking the company into overfunding ahead of the funding round closing on 29 June 2022. Beanstalk has raised over £650,000 via the Seedrs equity crowdfunding platform, with new direct investors including the former CEO of one of the leading fintech investment platforms sitting behind a number of stock trading apps/advisers.
Fintech DKK Partners announces global expansion as revenues top £63m
- 2 years 6 months ago
- FinTech StartUps
DKK Partners, a leading fintech company, which specialists emerging markets (EM) foreign exchange (FX) liquidity, has announced a major global expansion as the company’s revenues surpass £63m - up from £3m the previous year.
10/06 – Weekly Fintech Recap
- 2 years 6 months ago
- Blockchain, Open Banking, Payments, FinTech StartUps, M&A Deals, People Moves
Partnerships Mastercard Partners With NFT Marketplaces for ‘Easier and Safer’ Purchases
Fintech & Cloud Computing: a Perfect Match
- 2 years 7 months ago
- Cloud, FinTech StartUps
As inflation rises and the economy fluctuates, a significant number of consumers are beginning to look for alternative ways of banking and managing their finances. This is where fintech comes into play, as it offers a wider range of services that align with the needs of modern consumers. The fast-growing industry covers most financial services that are available online, from digital lending and mobile banking to cryptocurrency and insurance.
Visa & Tink Take the Stage Together for Their First Live Interview at Money20/20
- 2 years 7 months ago
- FinTech StartUps
Europe’s leading fintech companies will discuss what lies ahead following Visa’s acquisition of Tink Money20/20 Europe, Europe’s largest fintech show, taking place in Amsterdam on 7-9 June 2022, will welcome Charlotte Hogg, CEO, Visa Europe and Daniel Kjellen, CEO & Co-Founder, Tink, for their first-ever live joint interview.
27/05 – Weekly Fintech Recap
- 2 years 7 months ago
- Digital banking, Payments, Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships Laiye Partners with Accenture to Power Intelligent Automation and Innovation at Scale
Women in Tech Global Conference 2022
- 2 years 7 months ago
- FinTech StartUps
WOMEN IN TECH GLOBAL CONFERENCE 2022 (JUNE 7-10 VIRTUAL) Tech Leadership, Key Tech Innovation, Career Growth Unite 100 000 Women in Tech to Drive Change with Purpose and Impact. WomenTech Network is hosting the third edition of the largest virtual tech conference for women, minorities, and their allies in tech, Women in Tech Global Conference 2022 June 7-10.
Fintech CEO: Lack of Jail Time for BitMEX CEO Time Incentivizes Bad Behavior in Crypto
- 2 years 7 months ago
- FinTech StartUps
Today, Arthur Hayes, CEO of BitMEX, was sentenced for violating the Bank Secrecy Act. He received six months of home detention and two years of probation, in addition to the $10 million fine he agreed to pay. This is the result of “his willful failure to establish, implement, and maintain an anti-money laundering” program at BitMEX.
Launch of Leeds Based Fintech start-up Set to Tackle Inclusion
- 2 years 7 months ago
- FinTech StartUps
A Leeds based fintech start-up is set to revolutionise the way the more vulnerable in society access financial and utility services. With the announcement of the formal launch of the PrinSIX Enterprise Platform, a solution for all services that struggle to onboard potential customers who fail to satisfy traditional scoring models is now openly available. The platform is a major step forward in meeting the inclusion agenda set by government.
Neon, Brazil’s Newest Unicorn, Drives Innovation to Reduce Financial Inequalities and Continues Momentum Toward Improving the Lives of the Working Class
- 2 years 7 months ago
- Banking, FinTech StartUps
Neon Poised to Take Full Advantage of the Massive Opportunity in Brazil - Fintech’s Hottest Market
Global Fintech Jifiti Welcomes David Chubak, Former Citi Retail Banking CEO, to Board
- 2 years 7 months ago
- FinTech StartUps
Chubak will work closely with the Jifiti leadership team to expand their white-labeled POS financing solution for banks and merchants. This move serves as a vote of confidence by a senior banking executive in Jifiti's unique approach to Buy Now Pay Later, which is to facilitate scalable, responsible and affordable POS financing solutions for regulated financial entities and merchants.
