Tagged: global

March 9, 2021 @ 3:47 pm By Samantha Hurst  |  

    Global fintech infrastructure platform, Nium, announced on Tuesday its clients are now able to send funds to their business partners located in Ghana, Kenya, South Africa, and Tanzania. Customers of Nium are also able to extend this service to their own consumers.  “Traditionally, businesses, fintechs and even consumers looking… Read More

March 8, 2021 @ 3:20 pm By Samantha Hurst  |  

  Integrated payments platform Paysafe announced on Monday it has formed a new multi-year, global deal with Microsoft to support its strategic move to cloud-based transaction services. Paysafe reported that as part of the collaboration, it is using Microsoft Azure’s open and flexible cloud computing… Read More

March 3, 2021 @ 2:18 pm By Samantha Hurst  |  

  Payment processing and global retail banking platform Klarna announced on Wednesday it has expanded its open banking solution to eight more  European countries. The countries are  Portugal, Denmark, Luxembourg, Ireland, Croatia, Estonia, Lithuania, and Latvia. According to Klarna, the solution processes more than 150 million transactions per year, offers third-party providers access to… Read More

March 1, 2021 @ 8:03 am By Samantha Hurst  |  

  Payment processing and global retail banking platform Klarna announced on Monday it secured $1 billion through its equity funding round to accelerate international expansion and further capture global retail growth. Klarna revealed that the round, which subscribed four times the amount it originally sought to raise, included… Read More

February 15, 2021 @ 11:39 am By Samantha Hurst  |  

   BlueSnap, an Ireland-based all-in-one payment platform that helps B2B and B2C businesses around the world increase sales and reduce costs, recently announced it has opened a new office in Dublin as the fintech firm expands its global operations. Founded in 2001, BlueSnap states it… Read More

February 14, 2021 @ 10:35 pm By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions (NYSE:BR) recently announced its Board of Directors has declared a quarterly cash dividend of $0.575 per share. The dividend is payable on April 2, 2021 to stockholders of record at the close of business on March 15, 2021. Broadridge claims to be a fintech… Read More

February 8, 2021 @ 8:23 am By Samantha Hurst  |  

  SellersFunding, a global financial platform provider, announced last week the release of its streamlined cross-border eCommerce payments system to help online merchants avoid hefty currency conversion fees and payment fees for sales in the UK and EU. Sellersfunding reported that as a solution, it… Read More

January 29, 2021 @ 11:58 am By Samantha Hurst  |  

  FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, announced on Thursday it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. FLEETCOR reported that the acquisition will extend its portfolio of accounts payable automation solutions to small… Read More

January 27, 2021 @ 4:30 pm By Samantha Hurst  |  

Ibanera, a global fintech, announced on Tuesday it has joined forces with digital asset platform Fireblocks to enhance its crypto service offering.  Ibanera reported that its platform provides account issuance, cross-border transfers, and currency exchange services to both corporate and retail customers. Through the collaboration, Ibanera… Read More

January 15, 2021 @ 10:56 am By Samantha Hurst  |  

Drip Capital, a global fintech, announced on Friday it has financed more than US$1 billion of cross-border trade through its online platform.  Founded in 2015, Drip Capital is on a mission to solve the “work capital problem” for SME exporter using technology. “Trade finance is… Read More

January 14, 2021 @ 6:00 am By Samantha Hurst  |  

LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Thursday it secured a $125 million growth investment from global private equity firm, Warburg Pincus. Founded in 2014, LendingPoint explained that it is committed to redefining who is able to… Read More

January 13, 2021 @ 8:16 am By Samantha Hurst  |  

  B2B fintech-as-a-service provider Rapyd announced on Wednesday it secured $300 million through its Series D financing round, which was led by Coatue with participation from Spark Capital, Avid Ventures, FJ Labs, Latitude, General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital,… Read More

January 12, 2021 @ 11:08 am By Samantha Hurst  |  

SellersFunding, a global financial platform provider, announced on Tuesday the closing of a momentous receivables funding program with European alternative asset manager Fasanara Capital. According to SellersFunding, the multi-currency deal will allow for up to $100 million in funding across USD, GBP, EUR, and CAN… Read More

January 5, 2021 @ 9:44 am By Samantha Hurst  |  

    InsurTech NY, an insurtech community that is located in the New York metro area, announced on Tuesday it has opened the application window for their annual .2021 InsurTech Early-Stage Competition. According to InsurTech NY, the competition will award $200,000 in prizes to three winning… Read More

December 21, 2020 @ 11:32 am By Samantha Hurst  |  

  Enviva, a global energy company that specializes in sustainable wood bioenergy, announced on Monday it has joined forces with blockchain company GoChain to launch a new pilot program designed to enhance the traceability of sustainable biomass. According to the duo, this pilot program identified… Read More

December 16, 2020 @ 2:30 pm By Samantha Hurst  |  

  Global payments platform Veem announced on Wednesday core enhancements to its domestic and international routing technology. According to Veem, the enhancements will improve the way businesses pay and get paid within the U.S. and around the world. “Veem’s expansion of its multi-rail technology capabilities… Read More

December 15, 2020 @ 9:43 am By Samantha Hurst  |  

  Payment processing platform Klarna announced on Tuesday it has formed a new partnership with payments and commerce solution platform Verifone. Klarna reported that through the partnership it will be available as the buy now pay later solution to millions of Verifone devices in the U.S…. Read More

December 13, 2020 @ 10:10 pm By Samantha Hurst  |  

Aeldra, a U.S.-based fintech, recently announced it has launched its mobile banking app. Launched earlier this year, Aeldra is on a mission to provide access to global financial opportunities to customers all over the world. “Through a single App, customers will be able to seamlessly… Read More

December 11, 2020 @ 9:46 am By Samantha Hurst  |  

Solactive, a Germany-based technology-enabled provider of indices and index solutions to the global financial services industry, announced on Thursday it received a €50 million minority investment from global growth equity firm Summit Partners. Founded in 2007, Solactive states it focuses on tailor-made indices across all… Read More

December 7, 2020 @ 11:23 am By Samantha Hurst  |  

  Investcorp, a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, and infrastructure, announced on Monday it has entered into a definitive agreement to sell Avira (or the “Company”) to NortonLifeLock (NASDAQ: NLOK), a global… Read More