Token.io Secures $40 Million Investment to Scale Open Banking Payments in Europe
- 4 years 5 months ago
- Fundraising News
Thursday 12 May, 2022 – Open banking payments platform, Token.io, today announces it has raised $40 million in a Series C funding round co-led by Cota Capital and TempoCap, with participation by Element Ventures, MissionOG, PostFinance and existing investors Octopus Ventures, Opera Tech Ventures and SBI Investment. Torch Partners advised on the financing.
Deserve secures $250 million credit facility from Goldman Sachs, Cross River and Waterfall Asset Man
- 4 years 5 months ago
- Fundraising News
Deserve, the venture-backed fintech company expanding and powering the real-time credit card economy, announced today a new $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. With Deserve's digital-first, mobile-centric, and highly configurable credit card platform, the company will use this new funding to meet the growing demand from financial institutions, fintechs, and consumers.
Investors Continue to Be Concerned About Inflation as Oil Prices Increase and Bitcoin Takes a Pause.
- 4 years 5 months ago
- Bitcoins
‘’Investors are continuing to wrestling with worries over inflation as the oil price climbs back up again and supply concerns resurface amid ongoing geo-political tensions. As the era of cheap money has hurtled to an end, lowering liquidity in the markets, trading in the sessions ahead is set to stay volatile. On Wall Street the S&P 500 was just a whisker away from a bear market before rebounding and the growls are continuing at the spectre...
Mphasis Aims to Hire 600 People in Mexico
- 4 years 5 months ago
- Cloud
All positions will be based around Mphasis’s ‘hybrid first’ working model where employees define their working location according to business objectives and client requirements "We need to see employees with a human touch, at the moment they are selected we look beyond their technical potential," says Elango R. President, North America-New Clients Acquisition 2021 saw increasing numbers of technology companies from abroad, mainly from the...
Report Highlights Important Issues for the Later Life Lending Market MorganAsh Responds to Financial Services Consumer Panel Research
- 4 years 5 months ago
- Lending
Andrew Gething, managing director at MorganAsh, in response to the latest research from the Financial Services Consumer Panel on later life lending, says “This research highlights some important issues for the later life lending market, and how they implement strategies for vulnerable customers in order to meet FCA regulations and do best by the customer.
A Phoenix Rises from the Ashes into the Cloud
- 4 years 5 months ago
- Cloud
Infor helps David + Baader start afresh after cyberattack on on-premises systems Infor, the industry cloud company, has helped automotive supplier DBK David + Baader GmbH (DBK) move to the cloud after the company fell victim to a cyberattack that abruptly knocked out the company's existing on-premises systems last year. The switch came with a go-live using Infor CloudSuite Automotive just three weeks after the attack.
VikingCloud Has Announced New Leadership Appointments
- 4 years 5 months ago
- Cloud
Cyber security frontrunner recruits top talent to senior team after launching re-brand
Only 6% of Firms Are 'completely Satisfied' With Current Practices, According to a Trade Finance Study
- 4 years 5 months ago
- Data
Surecomp (http://www.surecomp.com/)® today announced the results of a recent survey with CFOs and Treasurers focusing on trade finance processes in varying companies across the globe.
Verisoft and IDEX Biometrics Have Teamed Together to Speed Up the Deployment of Biometric Smart Cards
- 4 years 5 months ago
- Payments
IDEX Biometrics ASA announces collaboration with payment software provider Verisoft A.S. for commercialization of biometric payment solutions in EMEA and globally. Verisoft delivers end-to-end smart card issuance solutions, ranging from personalization software, digital payment solutions, card management and loyalty systems across 32 markets, and has delivered EMV solutions to more than 100 banks, working with leading card vendors such as...
SQream Hires a New Chief Operating Officer
- 4 years 5 months ago
- Data
Industry leader Naama Saar will provide strategic leadership as the company expands to meet demand for Peta scale data analytics
Energy Providers Are Using a Digital Cash Service to Assist Vulnerable Customers in Paying Their Bills.
- 4 years 5 months ago
- Security
In the wake of the announcement in the Queen’s Speech on Tuesday that the extension of the price cap will go beyond 2023, an emergency digital cash service is readily available in the short term for those who are struggling to pay energy bills.
Finovate Announces Additional Details of Next Week’s FinovateSpring 2022 Event
- 4 years 5 months ago
- FinTech StartUps, IT Innovations
More than 1,100 senior executives from financial institutions around the world are expected to be in attendance at the FinovateSpring 2022 conference on May 18-20 in San Francisco. Finovate’s first in-person, West Coast fintech event since 2019 will feature live product demos from 50-plus fintech solutions providers and over 100 speakers.
Monoova and TrueLayer to Launch data-enabled Payments in Australia Using the Consumer Data Right
- 4 years 5 months ago
- Open Banking, Banking
Monoova and TrueLayer will work together to launch data-enabled payments using the Consumer Data Right (CDR) to access open banking data in Australia TrueLayer will facilitate the local open banking connectivity of Monoova’s payments platform to use CDR for consented financial and identity insights to create smarter payments that offer a better customer experience
Crypto is on the Rise Among Women Investors in Europe
- 4 years 5 months ago
- Cryptocurrencies
In February 2022, N26 surveyed 16,030 women and men from its 5 largest markets in Europe - Austria, France, Germany, Italy and Spain. One of the most interesting findings is that cryptocurrencies are the third most popular investment product, with nearly 1 in 3 women saying they invest in crypto (28%). Cryptocurrencies are the most popular investment product overall among women investors in Spain and among all European women aged 18–24.
Klarna Launches Virtual Shopping, Bringing the In-store Experience to Online Shoppers Everywhere
- 4 years 5 months ago
- Payments
Klarna, a leading global retail bank, payments, and shopping service today announced the launch of its Virtual Shopping offering, bringing the best of in-store to the online experience.
