10/04 – Weekly Investment & Fundraising News
- 2 years 9 months ago
- Fundraising News
Malaysian B2B Fintech Soft Space Raises US$31.5M in Series B1 Funding to Expand Global Footprint
10/04 – Weekly Fintech Recap
- 2 years 9 months ago
- Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships Union Credit, TransUnion Partner to Provide Consumers with Embedded e-Commerce Options from Credit Unions
Bitget Launches $100M Web3 Fund to Support Next-Generation Crypto Projects in Asia
- 2 years 9 months ago
- Cryptocurrencies
Bitget, a top crypto derivative and copy trading platform, launched its Bitget Web3 Fund during the Hong Kong Blockchain Week, with an initial investment of $100 million. The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.
Fibank Customers First in Bulgaria are Able to Perform blink P2P Mobile Transfers
- 2 years 9 months ago
- Money Transfers
Following the launch of blink instant account transfers in 2022,
Malaysian B2B Fintech Soft Space Raises US$31.5M in Series B1 Funding to Expand Global Footprint
- 2 years 9 months ago
- Fundraising News
Malaysian SoftPOS player Soft Space has completed a $31.5 million Series B1 funding to expand its global footprint and widen its customer base. Southern Capital Group led the funding round, with participation from returning investor transcosmos, strategic investor JCB, and venture capital fund Hibiscus Fund. Drone manufacturer Aerodyne Group held the previous Series B funding record in the country when it raised $30 million in October 2019.
Singapore-based Liminal Achieves the $5 Billion Transactions Milestone on its Platform as Digital Asset Adoption Grows Rapidly
- 2 years 9 months ago
- Asset Management
Liminal, a wallet infrastructure and custody solutions platform, recently celebrated its successful two-year journey by announcing that it has processed transactions worth $5.6 billion on its platform, with over $550 million worth of assets under protection.
Arcesium Launches AquataTM, an Advanced Data Platform Purpose-Built for the Investments Industry
- 2 years 10 months ago
- Data
Arcesium, a leading global financial technology firm, announced today the launch of AquataTM, a powerful out-of-the-box data platform. Aquata is engineered to empower various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to effortlessly access and manage their investment data.
BACB Announces Exceptional Results and CEO Succession
- 2 years 10 months ago
- Banking
British Arab Commercial Bank (BACB), the UK-regulated, specialist trade finance bank has announced that today the Board of BACB Plc approved the 2022 financial statements which confirm that the Bank has successfully navigated challenging market conditions and delivered exceptional overall results. This is testament to the extensive efforts over the past two years to reshape and reposition the Bank through its strategy of Safe, Sustainable,...
Remitly Appoints Two New Members to its Board of Directors
- 2 years 10 months ago
- People Moves
Remitly Global, Inc. (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced the appointments of Phyllis Campbell and Ryno Blignaut to its Board of Directors.
Lyfeguard appoints ex-Director of Digital at British Airways Jack Smith to Advisory Board
- 2 years 10 months ago
- People Moves
Lyfeguard, a life planning assistant and document management platform, has appointed ex-Director of Digital at British Airways, Jack Smith, to its advisory board to help drive commercial growth and digital customer experience strategy.
Union Credit, TransUnion Partner to Provide Consumers with Embedded e-Commerce Options from Credit Unions
- 2 years 10 months ago
- E-Commerce
Union Credit, a marketplace for credit unions to make firm, one-click credit offers at the point of purchase, today announced a partnership with TransUnion (NYSE: TRU) to better serve the evolving credit needs of consumers.
UPI Emerges as the Second Most Preferred Repayment Method for Digital Loans: CASHe Report
- 2 years 10 months ago
- Lending
CASHe, India’s leading credit-led, AI-driven financial wellness platform, today released the Financial Mood of the Millennials 2022-23 report, an exclusive and proprietary analysis based on a pool of 540,000 customers. The report reveals unique and valuable insights into the millennials borrowing, spending, and investing habits.
ESG for Payment Companies: OpenWay Shares Strategies for a Sustainable Future
- 2 years 10 months ago
- Payments
Banks, processors and fintech startups have a clear role to play in a sustainable future. Digital payment services reduce paper and can be used to promote financial inclusion. But is going paperless enough? To be recognized as a truly sustainability-oriented organization, a company must embrace a business and operational model that draws on CSR, or corporate social responsibility, and strive towards ESG (environmental, social, and governance)...
Token GmbH Announces the Appointment of Dr. Lea Maria Siering as Managing Director
- 2 years 10 months ago
- People Moves
Token GmbH, the leading open banking platform in Europe, is proud to announce the appointment of Dr. Lea Maria Siering as its new Managing Director (Geschäftsführerin). Lea will be responsible for driving Token GmbH’s growth strategy, leading its Berlin operations, and expanding its presence in the region.
