Huntingdon Valley Bank To Access Up To $100M of DeFi Funding Through MakerDAO
- 3 years 6 months ago
- Banking
MakerDAO, the longest-standing DeFi lending protocol and creator of DAI, the original, decentralized stablecoin, today announced that Huntingdon Valley Bank (HVB) has been approved to utilize a $100M participation facility, funded by a Maker Vault.
Axerve Partners with Viceversa to Offer Ecommerce Businesses 1M Revenue-Based Financing
- 3 years 6 months ago
- E-Commerce
Axerve, a leading European payment hub, is pleased to announce a strategic partnership with Viceversa, a European data-driven fintech platform, to offer its e-commerce customers Viceversa’s innovative Revenue-Based Financing formula for accessing capital.
Muse Raises $20M in Debt Facility to Support Small Businesses
- 3 years 6 months ago
- Fundraising News
Muse Finance - a bespoke finance provider for small, medium and growing businesses - today announces that it has closed a $20 million debt facility to support the growth of small businesses.
CLS Welcomes Chong Hing Bank as Third-party Bank to CLSSettlement
- 3 years 6 months ago
- Banking
CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, announced today that Chong Hing Bank is the second Chinese bank to access CLSSettlement as a third-party participant via UBS, a CLS settlement member.
BNPL Now Available for UK Square Sellers through Clearpay
- 3 years 6 months ago
- Payments
Today, Square launches its first integration with Clearpay in the UK, providing “Buy Now, Pay Later” (BNPL) functionality to sellers across online and in-person commerce.
Prytek Appoints Noga Knaz as CEO of its Venture Capital Arm, Prytek Ventures
- 3 years 6 months ago
- People Moves
Prytek, a multinational technology group with a focus on building and investing in technologies and delivering managed services, announces that it has appointed Noga Knaz as its CEO of Prytek Ventures to provide the Corporate Venture Capital (CVC) arm with more management attention and concentrate on early-stage fintech startups.
Northern Trust Bolsters Digital Solutions Consulting Team
- 3 years 6 months ago
- Wealth Management
Northern Trust has named Benjamin Bobroff as the new global head of its Digital Solutions Consulting team within its Asset Servicing business development division and made three senior appointments supporting the continued strategic focus and investment in digital innovation.
Wombat Eyes European Expansion Following Close of Series A Funding Round
- 3 years 6 months ago
- Investment
Micro-investing platform Wombat has closed its Series A funding round, raising more than £4m to support its ambitious growth plans, forthcoming product launches and international expansion. The round was led by long-time backer Fuel Ventures, which first invested in the business in 2020. A four-week crowdfund also gave Wombat users and broader community access to the round and closed 300% over target, contributing to a total raise of £4.2m.
European Expansion and Two New Partners for Plaid
- 3 years 6 months ago
- Open Banking
As more money moves online, people need simple, easy ways to bring their money into the digital financial ecosystem. We’re investing in expanding Plaid’s network reach to new geographies and more people across the world to better support the ecosystem. Growing the payment partner ecosystem
DPO Group CEO Eran Feinstein Announces His Retirement After Successful Transition Period
- 3 years 6 months ago
- Payments
DPO Group (DPO) co-founder and CEO Eran Feinstein has announced his retirement after helping to build the company from scratch to become one of Africa’s leading payment providers. Last year, Feinstein, alongside co-founder Offer Gat, successfully managed DPO’s sale to Network International, a globally renowned enabler of digital commerce across the Middle East and Africa.
Deutsche Payment Partners with Token to Enhance the European Payment Experience Through Open Banking
- 3 years 6 months ago
- Open Banking
Deutsche Payment today announces its collaboration with Token, the leading Open Banking enabler for Europe's payments industry, and the subsequent launch of PayThisWay powered by Deutsche Payment: a solution for account-to-account payments and Open Banking that enables fast, smooth, cost-efficient, and secure direct payments between accounts.
Sumsub Expands to the US, Bringing New Services to Local Customers
- 3 years 6 months ago
- RegTech
Sumsub, a regtech company that helps businesses stay compliant and fight digital fraud, establishes its first US office in Miami, Florida, launching new services available only for US customers. Now local clients can add Social Security Number (SSN) checks to verify users through Social Security records. SSN verification also enables background checks, which can immediately spot customer red flags, including bankruptcies, liens, criminal records...
Unlimint launches Banking as a Service API Solution
- 3 years 6 months ago
- APIs
London-based global fintech Unlimint, has today announced the launch of its Banking as a Service (BaaS) product,
Standard Chartered Joins Chekk’s Multi-Million Dollar Financing Round to Support Growth of KYC Company
- 3 years 6 months ago
- AML and KYC
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, announced today that it has invested funds in Hong Kong-based KYC, KYB and data management platform with the aim of accelerating the company’s product development and boosting its sales organisation – both to meet the increasing demand of the global identity verification market for individuals and corporates that is anticipated to be worth US$17 bill
BACB Partners with Tropical Bank Uganda
- 3 years 6 months ago
- Banking
British Arab Commercial Bank (BACB) has signed a collaboration agreement with leading Uganda-based commercial lender Tropical Bank Limited (Tropical Bank) to mutually support a range of projects and trade opportunities.
