Month : June 2021

LoginID Announces Investment from Visa to Accelerate FIDO-certified Strong Customer Authentication
Banking Digital Payments Fintech News

LoginID Announces Investment from Visa to Accelerate FIDO-certified Strong Customer Authentication

Fintech News Desk
by Fintech News Desk0
LoginID provides simple APIs and SDKs for enterprises to integrate FIDO-certified biometric authentication in as little as 15 minutes, helping reduce e-commerce fraud LoginID, a FIDO-certified authentication provider, announced additional investment from Visa on the heels of its $6M seed round from veteran payment and fintech entrepreneurs. The investment amount from Visa is undisclosed.......
Wirex Partners with Terra Virtua for Exclusive NFT Giveaway
Blockchain Cryptocurrency Finance Fintech News

Wirex Partners with Terra Virtua for Exclusive NFT Giveaway

Fintech News Desk
by Fintech News Desk0
 Wirex, the leading payments platform is partnering with Terra Virtua – the world’s first fully immersive digital collectibles platform – to bring the benefits of NFTs (non-fungible tokens) to a mainstream audience. To celebrate WXT’s 2nd birthday, Wirex will give away 500 exclusive Terra Virtua vFlect NFTs, as well as up to $500,000 worth of......
Flywire Corporation Closes IPO and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Digital Payments News

Flywire Corporation Closes IPO and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Fintech News Desk
by Fintech News Desk0
Flywire Corporation (“Flywire”), a global payments enablement and software company, today announced the closing of its initial public offering of 12,006,000 shares of its common stock at a price to the public of $24.00 per share, including the full exercise by the underwriters of their option to purchase up to......
wefox, Germany’s Digital Insurance Unicorn, Closes $650 Million Series C
InsurTech News

wefox, Germany’s Digital Insurance Unicorn, Closes $650 Million Series C

Fintech News Desk
by Fintech News Desk0
funding round sets a record for insurtech and values wefox at $3 Billion wefox, the Berlin-based digital insurance company has raised a record US$650 million for its Series C funding, resulting in a post-money valuation of US$3 billion. This round represents the largest Series C to date for an insurtech globally.......
Mila Inc. Partners With Leading Digital Payments Provider SumUp
Digital Payments Fintech News

Mila Inc. Partners With Leading Digital Payments Provider SumUp

Fintech News Desk
by Fintech News Desk0
Partnership will enable secure, instant mobile payments for over 10,000 on-demand Mila Friends and Mila Pros across five countries Mila Inc., the European leader of on-demand technical support, announces its partnership with SumUp, a global leader in payment solutions. SumUp offers payment solutions to small businesses and entrepreneurs, who can pay......
Wirtek Purchases Own Shares from the Board of Directors as Part of the CoreBuild Acquisition
Digital Payments Finance Fintech News

Wirtek Purchases Own Shares from the Board of Directors as Part of the CoreBuild Acquisition

Fintech News Desk
by Fintech News Desk0
Wirtek has signed a binding agreement to acquire the assets of the CoreBuild companies (Company announcement 06/2021). The payment for the acquisitions is to be done as a fixed payment and an earn-out payment. Both the fixed payment and the earn-out payment are subdivided into a cash-part and a share-part.......
Moody's Upgrades SeABank's Outlook to Positive from Stable
Banking News

Moody’s Upgrades SeABank’s Outlook to Positive from Stable

Fintech News Desk
by Fintech News Desk0
Moody’s Investors Services (Moody’s) raised its outlook for Southeast Asia Commercial Joint Stock Bank’s (SeABank – Vietnam, stock code SSB) to Positive from Stable and affirmed SeABank’s long-term credit rating at B1 for the third year in a row. The positive outlook on the ratings of SeABank reflects Moody’s view that improvements in......
Dollar Mutual Bancorp Completes Merger with Standard AVB Financial Corp.
Finance Fintech News

Dollar Mutual Bancorp Completes Merger with Standard AVB Financial Corp.

Fintech News Desk
by Fintech News Desk0
Dollar Mutual Bancorp (“Dollar”) the mutual holding company for Dollar Bank, Federal Savings Bank (“Dollar Bank”), announced today that it has successfully completed its merger with Standard AVB Financial Corp. (“Standard”), the parent company of Standard Bank (formerly Standard Bank, PaSB), effective after the close of business on May 28, 2021.......
Xcoins Receives One of the First Crypto Licenses From MFSA
Blockchain Business Cryptocurrency Currency Exchange Fintech News

Xcoins Receives One of the First Crypto Licenses From MFSA

Fintech News Desk
by Fintech News Desk0
Pioneering cryptocurrency platform is now regulated Xcoins, a leading cryptocurrency exchange, obtained their Class 3 Virtual Financial Asset (VFA) License issued by Malta Financial Services Authority (MFSA), making them one of the first cryptocurrency exchanges to receive these permissions. As there are not many regulators in the crypto world, receiving this license......
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