Zid - Retail Enablement Company - Raises $50 Million in Series B Funding to Modernize the Retail Sector
- 3 years 5 months ago
- Fundraising News
Saudi-based Retail enablement company, Zid, has successfully raised $50 million (~188 million SAR) in a Series B funding led by IMPACT46 with participation from new investors: Aramco venture capital arm (Waed Ventures) and Endeavour Catalyst. Previous investors: Global Ventures, Elm Company, Arzan and MSA also participated.
Paytrix Secures One of the Largest Pre-seed Investments in Fintech to Enable Online Businesses to Scale Globally
- 3 years 5 months ago
- Fundraising News
Paytrix, a payments curation platform for global marketplaces, today announces that it has secured £5 million of new capital. The investment round was led by Hambro Perks, an international investment firm focused on private investing, alongside investment from Bain Capital Ventures, Fin VC, Better Tomorrow Ventures, The Fintech Fund and a number of notable angel investors.
Crowdz Selects GoCardless for Open Banking Payment Solutions in Four Markets
- 3 years 5 months ago
- Open Banking
GoCardless, a global leader in direct bank payments, has signed Crowdz, the small and mid-sized enterprise (SME) finance platform, as its latest customer as the company looks to integrate open banking to enhance its ability to drive equitable access to finance for small businesses.
Spice Money Strengthens its Leadership Team with the Appointment of Usha Murali as Chief Compliance & Risk Officer
- 3 years 5 months ago
- People Moves
Spice Money (a subsidiary of DiGiSPICE Technologies), India’s leading rural fintech, which is revolutionizing the way Bharat banks, announced the appointment of Usha Murali as Chief Compliance & Risk Officer (CCRO). Her appointment aims to strengthen the company’s regulatory compliance framework and become the country’s most trusted rural fintech player.
Mintus Announces Partnership with Amicorp to Expand Global Reach
- 3 years 5 months ago
- Wealth Management
Mintus, the fractional art investment platform, today announced its first major partnership in the discretionary fund management and wealth management sector as it seeks to expand its global reach.
CASHe Partners with IRCTC to Launch ‘Travel Now Pay Later’ (TNPL) Facility on IRCTC Rail Connect Mobile App
- 3 years 5 months ago
- Payments
India’s leading credit-led, AI-driven financial wellness platform, CASHe, today announced that it has partnered with Indian Railways Catering and Tourism Corporation (IRCTC), India’s largest e-commerce player, to provide a Travel Now Pay Later (TNPL) payment option on its travel app, IRCTC Rail Connect.
Payhawk Launches Solution Partner Program and Partner APIs in Response to a Growing Demand for Integration Services
- 3 years 5 months ago
- APIs
Payhawk, the fast-growing spend management platform, which combines company cards, reimbursable expenses, and accounts payable in one solution, today announces the launch of the Payhawk Solution Partner Program. This completes a big month of releases for Payhawk, which released new credit card products in the US and UK at the end of September and recently recorded year-to-date revenue growth of 520%.
Funding Circle to Expand Access to Capital for Nevada Small Business Owners Following Authorization from State
- 3 years 5 months ago
- Lending
Funding Circle, the leading online platform for small business loans, announced today that it is now operational in Nevada, allowing it to provide the s
National Crisis: £95 Reported Lost to Fraud Every Second in the UK
- 3 years 5 months ago
- Security
Outseer, the leader in payment authentication and monitoring solutions, has today released a new study that finds £95 is reported lost to fraudsters every second in the UK. Outseer studied data of all the reported incidents of fraud to Action Fraud – the UK's national reporting centre for fraud and cybercrime – between 1st July 2021 to 30th June 2022. Fraud is now a national crisis; one case was reported to Action Fraud every 85 seconds and...
Paris Blockchain Week Turns the Louvre into Palace of Web3
- 3 years 5 months ago
- Blockchain
Paris Blockchain Week, the leading international conference dedicated to professionals in the blockchain and Web3 space, will be hosted at the Carrousel du LOUVRE in the heart of Paris’ historic palace and largest museum in the world from 20th to 24th March 2023.
Time Finance Celebrate New Office Launch in Reading
- 3 years 5 months ago
- Personal Finance
Time Finance celebrates its new office launch in Reading in a strategic move to bolster the firm’s presence in the South East of England. The new premises are based in the Apex Building on Forbury Road and will host a team of 18 employees. Selected for its regional connectivity, Time Finance’s nationwide team and its growing intermediary base can benefit from its new business hub in addition to its other UK office locations in Manchester, Bath,...
Accelerating Financial Inclusion Surfing the Wave of Digital Innovation
- 3 years 5 months ago
- Banking
The West African financial sector has been witnessing a wave of digital innovation that has fuelled services and applications that had the potential to really shake up the banking sector. Banks, Fintechs, and financial institutions have been harnessing digital solutions designed to serve touchless and remote banking, which has unlocked opportunities for the millions of digitally connected diaspora that remains formally unbanked but economically...
Wio Bank Announces Partnership with Stripe
- 3 years 5 months ago
- Digital banking
Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently.
Singapore-based Insurtech bolttech Secures Series B Investment to Continue the Company’s Rapid Global Growth
- 3 years 5 months ago
- Fundraising News
bolttech, one of the world’s fastest-growing international insurtech companies, today announced Tokio Marine, alongside other shareholders, will lead bolttech’s Series B funding round. The investment values bolttech, Singapore’s only homegrown insurtech unicorn, at an up-round valuation of approximately US$1.5 billion, one year after it closed the largest ever Series A funding round for an insurtech.
Coinbase Hires Fintech Executive to Lead European Expansion
- 3 years 5 months ago
- Cryptocurrencies
Crypto exchange Coinbase has raided German digital assets firm Solaris to appoint its chief operating officer Daniel Seifert as regional managing director for Europe. The new appointee will be expected to lead Coinbase's expansion in the European crypto market. In a statement reported by Bloomberg, Coinbase said it would fill a number of core positions within its European team.
