Privately-owned Virtual Reality Companies Record Explosion of Investment in 2021
- 2 years 10 months ago
- Transaction Banking
The virtual reality market recorded its strongest year of private fundraising in the UK to date, driven by a surge of investment in Q4 Virtual reality (VR) is the fastest-growing market segment, as revenues grew by 31.7 per cent and are projected to increase at the same rate over the next five years. Private UK fundraising within the virtual reality sector recorded its strongest year to date – with over £150m worth of capital raised this year... more
Merchant Cash Advance Renewals up 90%
- 2 years 10 months ago
- Cash management, Trade Finance
· 90% increase in merchant cash advance renewals in 2021 compared to 2020 · 365 Business Finance has seen a 34% rise in the average amount funded for renewals Specialist lender 365 Business Finance, a funder of small to medium sized businesses across the UK, has reported a 90% increase in merchant cash advance renewals in 2021, compared to the previous year.
Nucleus Commercial Finance Hires Business Development Manager to Boost Midlands Team
- 2 years 10 months ago
- Transaction Banking
Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, today announces the appointment of Gurinder Mandir as Business Development Manager for the Midlands as it looks to extend its support to businesses across the UK.
Over 5 Crore Aadhaar Authentication Happening per day; Over 40 Crore last-mile Banking Transactions Per Month through AePS: UIDAI
- 2 years 10 months ago
- Transaction Banking
Dr Saurabh Garg, CEO, UIDAI, today said that over five crore Aadhaar authentication is taking place per day and over 40 crore last-mile banking transactions are being done every month through Aadhaar-enabled Payment System (AePS).
SRAX Announces Full Year and Q1 2022 Revenue Guidance
- 2 years 10 months ago
- Transaction Banking
Full Year 2022 guidance of $46-48M, an increase of 46% - 52% over 2021 unaudited revenue of approximately $31.5M. Q1 2022 guidance of $11.5M, a 111% Increase over Q1 2021 revenue. Q4 2021 booking meets expectations. SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, today, announced revenue guidance for 2022.
New Dawn for SMB Credit Lenders with Uplinq Launch
- 2 years 10 months ago
- Transaction Banking
Transformational small business data provider, Uplinq Financial Technologies (Uplinq), has now fully launched its service to customers and sales partners worldwide. The Toronto based startup promises to revolutionize the credit evaluation process for small business lenders through its innovative technology.
Global Financial Institution Penalties on the Decline in 2021
- 2 years 10 months ago
- Management
Fenergo (https://www.fenergo.com/), the leading provider of digital solutions for client lifecycle management (CLM), today released its annual findings on global financial institution enforcement actions which show that the value of penalties has reduced by half (49%) in 2021.
OneStream Closes Out Strong 2021 With Continued Sales and Customer Growth in Fourth Quarter
- 2 years 10 months ago
- Management
CPM software provider achieved $200 million Annual Recurring Revenue milestone
Sensibill Reaches Significant Client and Company Milestones in 2021
- 2 years 10 months ago
- Transaction Banking, Banking, Data
Sensibill, the only customer data platform designed specifically for the financial services industry, today shared highlights from 2021, including notable client wins, technology innovation, and strategic additions to the leadership team.
SMC and Genesis Financial, a Fintech Provider of Integrated Digital Financial Services, Provides Fiscal 2021 Recap and Guidance for Fiscal 2022
- 2 years 10 months ago
- Transaction Banking
SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE) and its wholly owned subsidiary, Genesis Financial, Inc. (“Genesis”) - a fully integrated financial technology company with a full suite of digital financial services solutions, are pleased to provide shareholders with a summary of the Company’s fiscal 2021 completed milestones and fiscal 2022 planned activities and guidance. Dear Shareholders,
90 West Announces New Insights Platform in Partnership with Exabel, to Empower Users of its Unique Data
- 2 years 10 months ago
- Management
90 West, the leading provider of a unique consumer transactions dataset covering the entire United States market, with a particular concentration on the midwest region, is pleased to announce a partnership with Exabel which will result in the creation of a new insights platform for 90 West’s investment clients.
Finalto Adds the Most Coveted Singapore Leveraged Equities CFDs to Its Offerings
- 2 years 10 months ago
- Management
The award-winning global multi-asset liquidity provider and prime brokerage, Finalto has announced that it will add 32 leveraged equities belonging to some of the most prestigious companies listed on the Singapore Stock Exchange (SGX) to its already impressive list of offerings. Finalto already offers over 1,000 single stock CFDs to its clients.
Worldline Completes a Strategic Partnership With BNL in Merchant Acquiring in Italy: Axepta Italy Joins Worldline’s Merchant Services Business
- 2 years 10 months ago
- Transaction Banking, Payments
Worldline, the European leader in the payments and transactional services industry and #4 player worldwide, announced the completion of its acquisition of Axepta Italy. Effective January 4, Worldline has taken over 80% of Axepta Italy, the merchant acquiring entity of BNL in Italy.
Tally Solutions Collaborates with AWS
- 2 years 10 months ago
- Management
Giving a secure and convenient option to access TallyPrime available anytime, anywhere
How ACH Transactions Works, And Why You Should Care
- 2 years 10 months ago
- Transaction Banking
How ACH Transactions Works, And Why You Should Care Are you wondering what ACH transactions are? ACH transactions are electronic payments through the automated clearing house (ACH) network. When you incorporate ACH payments in your business, you benefit from increased flexibility and profits. There are two types of ACH payments: direct deposits and direct payments.
