Kafene raises $18 million
- 3 years 3 months ago
- Fundraising News
Kafene, a cutting-edge digital platform used by merchants at the point-of-sale to help offer underserved consumers more flexible purchase options through transparent lease-to-own (LTO) agreements, announced today that it has raised $18 million in a Series B funding round led by Third Prime and existing investors. This round follows a Series A investment of $30 million in 2021 that was co-led by Third Prime and Valar Ventures. Kafene will use the...
Flywire Partners with Universitas XXI to Deliver Integrated Payment Solution to Higher Education Institutions in Spain and Latin America
- 3 years 3 months ago
- Payments
Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, is announcing the availability of its integration with Universitas XXI, a university management system focused on servicing higher education customers throughout Spain and Latin America.
Teslar Software Launches Indirect Lending Solution
- 3 years 3 months ago
- Lending
Teslar Software today announced the launch of its indirect lending solution, which empowers community financial institutions to offer indirect lending services to local businesses and consumers in a way that’s quick, efficient and digitally optimized. Joe Ehrhardt, CEO and founder of Teslar Software, demoed the solution Monday at FinovateFall in New York.
Broadway Introduces Trading Support for Eris BSBY Swap Futures
- 3 years 3 months ago
- Trading Systems
Broadway, a leading provider of high-performance front-office solutions, today announced support for trading Eris BSBY Swap Futures within Broadway’s flagship suite of fully hosted SaaS trading solutions. Offered by CME Group, Eris BSBY Swap Futures (Eris BSBY) allow market participants to forecast and hedge rates on the 3-month Bloomberg Short-Term Bank Yield Index (BSBY). The feature is currently live and available to all Broadway customers.
Claimer Has Raised a $4.2M Seed
- 3 years 3 months ago
- Fundraising News
Claimer, a fintech startup making it frictionless for companies to claim financial incentives from the government, is announcing that it has raised a $4.2m seed round today.
Lightning Network Startup Neutronpay Raises $2.25M in Seed Funding to Disrupt Legacy Payment Rails Beginning with Vietnam and South East Asia
- 3 years 3 months ago
- Fundraising News
Neutronpay, a Vancouver, Canada and Ho Chi Minh City, Vietnam-based startup that enables consumers and businesses to send and receive payments on Bitcoin’s Lightning Network raised USD$2.25M in Seed funding on June 1, 2022.
Paysend Enables Consumers and Businesses to Send Instant Cross-Border Payments to Accounts In 25 Countries For $1
- 3 years 3 months ago
- Payments
Paysend, the UK-based fintech with over 7 million customers, today announces the launch of Instant Account Payments, which give consumers and businesses the ability to send instant cross-border payments of up to $100,000 to accounts for just $1 per payment. Users can quickly connect to Paysend’s global payments network and instantly and cost-effectively send funds to 25 countries and currencies seven days per week, 365 days per year.
PayQuicker Launches Payouts OS, New Global Payouts-as-a-Service Platform
- 3 years 3 months ago
- Payments
PayQuicker, an innovative financial technology leader in the global payouts market, today announces the launch of Payouts OS. Payouts OS packages PayQuicker’s trusted, time-tested technology into a first-in-market payouts-as-a-service platform that meets the needs of gig economy workers and small to medium-sized businesses across a diverse set of industries including clinical trials, insurance, gaming, marketplaces, and more.
Real-time Payments are Here to Stay and with Good Reason
- 3 years 3 months ago
- Payments
Real-time Payment (RtP) models are here to stay for the foreseeable future alongside traditional payment schemes. But as businesses increasingly recognize their potential, further cases for real-time payments are coming to the fore. That’s according to Buckzy Payments Inc., the Toronto-based global fintech on a mission to make international payments quicker, more reliable, and more affordable.
Bluechain Appoints Tim Annis as UK Managing Director
- 3 years 3 months ago
- People Moves
Bluechain, the fast-growing fintech startup business that transforms the traditional payments and receivables process, has today announced the appointment of Tim Annis as UK Managing Director. This appointment is the next step for Tim at Bluechain, as he previously held the role of UK Head of Sales since March 2020.
Multi-country Consortium Comes Together to Launch Pan-European Payments Pilot for EU Digital ID Wallet
- 3 years 3 months ago
- E-Wallets
A new multi-country consortium of Europe’s most trusted identity experts has today announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of the European Commission’s EU digital identity wallet program. Six countries (Denmark, Germany, Iceland, Italy, Latvia and Norway) are part of the consortium, led by NOBID (Nordic-Baltic eID Project).
Flutterwave Enables eNaira Collections for Over 1,000,000 Merchants
- 3 years 3 months ago
- Payments
Flutterwave, Africa's leading payments technology company, today announced that over 1,000,000 merchants can now accept eNaira payments from their customers on their platform. This follows the 3.0 product announcement event held in March this year, during which a range of upcoming product features was showcased.
Wombat Appoints Jeremy Larsson as Chief Revenue Officer and Head of Partnerships
- 3 years 3 months ago
- People Moves
Micro-investing platform Wombat has appointed Jeremy Larsson as Chief Revenue Officer and Head of Partnerships as the business seeks to accelerate its growth plans following the close of its Series A funding round in August.
79% of European Shoppers will Cut Online Spending in Significant Downturn, E-commerce Retailers Must Act Fast to Protect Themselves - Survey by Mollie
- 3 years 3 months ago
- E-Commerce
Mollie, a payment industry pioneer and one of Europe’s fastest-growing financial service providers, today unveils the initial findings of its European Ecommerce Report. Mollie surveyed 3,000 online shoppers across Austria, Belgium, France, the Netherlands, Germany, and the United Kingdom.
Jeton Partners Sumsub to Provide Smooth Customer Onboarding
- 3 years 3 months ago
- AML and KYC
Jeton has partnered with Sumsub to create a better onboarding experience for its 1M+ users across 100 countries. Sumsub, a global tech company with 5 international offices, helps businesses easily verify users and steer clear of fraud while ensuring full compliance with shifting regulations.
