27/06 – Weekly Fintech Recap
- 3 years 7 months ago
- Payments, Data, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Phundex Limited and Gibson Strategy Formed a Strategic Alliance
Peer Software and Pulsar Security Announce Strategic Alliance to Enhance Ransomware and Malware Detection Across Heterogeneous, On-Premises and Cloud Storage Systems
- 3 years 7 months ago
- Security
Peer Software today announced the formation of a strategic alliance with Pulsar Security.
Solv Raises $40M to Deepen Operations in India and Expand Globally
- 3 years 7 months ago
- Fundraising News
Solv, a trusted B2B digital marketplace for Micro, Small and Medium Enterprises (MSMEs), raised US$40 million in Series A funding led by marquee investor, SBI Holdings, with participation from SC Ventures, Standard Chartered Bank's innovation, fintech investment and ventures arm. SC Ventures has played a leading role in building and incubating the Solv franchise.
Phundex Limited and Gibson Strategy Formed a Strategic Alliance
- 3 years 7 months ago
- Data
Raisin Bank Enters the Payments Market by Acquiring Bankhaus August Lenz
- 3 years 7 months ago
- Payments
German BaaS provider Raisin Bank is entering the payments industry after agreeing to acquire a Bankhaus August Lenz division. No financial details were given. By acquiring the payments business of the German private Bank, Raisin will be able to offer electronic payment transactions and cash solutions to its partners and their clients.
Revolut to Launch its "Responsible" BNPL Product Across all of Europe
- 3 years 7 months ago
- Payments
Pay Later, Revolut's "responsible instalments payment option," will launch this week in Ireland. Pay Later will be the first BNPL product in Ireland with an approved credit limit and affordability. Customers won't be limited to select merchant agreements while using Pay Later. In Ireland, where Pay Later will launch first, 1.9 million adults hold a Revolut account. The challenger bank will sell the product in Poland and Romania by 2022.
Cion Digital Announces Sundar Nagarathnam as New Chief Operating Officer
- 3 years 7 months ago
- People Moves
Cion Digital, developers of the first enterprise SaaS blockchain orchestration platform, announced today the appointment of senior executive Sundar Nagarathnam as Chief Operating Officer (COO). Sundar will play a dynamic role in accelerating execution and innovation as the company executes on its growth and expansion goals.
Sumsub is the first Regulated Compliance-as-a-Service Provider
- 3 years 7 months ago
- Compliance
Sumsub, a tech company that offers an all-in-one technical and legal toolkit to cover KYC/KYB and AML needs, has become the first regulated Compliance-as-a-Service provider for global businesses. Now companies can delegate their compliance and verification-related issues to Sumsub and focus entirely on their core business goals.
Muse Finance Launches Combined Supply and Invoice Finance Solution
- 3 years 7 months ago
- IT Innovations
New business finance solution aims to alleviate growing demand for working capital in the UK LONDON, JUNE 2022:
Manchester Venue Joins Age Verification Trial and Introduces New Way for Customers to Pay
- 3 years 7 months ago
- Digital Identity
Hatch, the Manchester-based food and drink destination, is trialling a new way for its customers to pay and prove their age. The system is now in place at the Oxford Road Manchester venue, from Thursday – Saturday, with the trial ending on June 30th. The unique vein mapping technology is provided by FinGo, a biometric identity authentication solutions provider. FinGo enables age-verified payments by taking a simple scan of a person’s unique...
Veridas Voice Biometrics, Awarded at the Platinum Contact Center Awards 2022
- 3 years 7 months ago
- Digital Identity
Veridas has won the Best IT Project in Customer Engagement award at the Platinum Contact Center Awards for its joint project with BBVA Mexico: a biometric solution that allows Mexican pensioners to verify their identity using only their voice. An unprecedented event that has completely digitized a procedure that, until now, had to be carried out in person at the bank's branches twice a year.
Fintech Beanstalk Exceeds £650,000 Crowdfunding Target to Help More Families Save for Their Kids’ Future
- 3 years 7 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.
CleverTap Recognized by Great Place to Work Among India's Great Mid-size Workplaces
- 3 years 7 months ago
- Data
CleverTap, the modern, integrated retention cloud, has been recognized by Great Place to Work® India as one of India's Great Mid-size Wo
Pendo Strengthens Presence in Europe to Drive the Product-Led Movement
- 3 years 7 months ago
- SaaS
Pendo – the all-in-one product experience platform - today announced it has strengthened its presence in EMEA to meet rising local demand and empower European businesses to put products at the heart of their strategy, both to drive growth and to improve efficiency.
The Future of Insurance Europe 2022
- 3 years 7 months ago
- Insurtech
What keeps you up at night? Customer experience? Tech implementation? Data optimisation? Whatever your current challenge, The Future of Insurance Europe 2022 agenda will tackle the industry’s most business-critical issues, and facilitate discussions designed to deliver solutions. Download the brochure to check out the full agenda here.
