Month : July 2022

Franco-Nevada Announces $352.5 Million Financing Package with G Mining Ventures on the Tocantinzinho Gold Project
Banking News

BMO Harris Bank Announces Minimum Base Pay Increase, Bringing Hourly Pay to $20

Fintech News Desk
by Fintech News Desk0
The bank’s second minimum pay increase in less than one year reinforces BMO’s commitment to employees’ financial progress alongside its customers and communities BMO Harris Bank announced it will raise its minimum hourly wage for full- and part-time branch and Customer Contact Center colleagues to $20 per hour beginning Aug. 7, 2022 as......
Asset Class Secures $11.6 Million Series A Funding Led By Canapi Ventures to Help Democratize Private Capital Investing
Fintech Funding News

Asset Class Secures $11.6 Million Series A Funding Led By Canapi Ventures to Help Democratize Private Capital Investing

Fintech News Desk
by Fintech News Desk0
Funding to Accelerate Software and Business Development Capabilities as Asset Class Continues U.S. and European Growth Series A Round Includes Live Oak Ventures, Plexus Capital and Total Technology Ventures Asset Class, a financial technology (fintech) company headquartered in Dublin with offices in New York and London, announced that it has......
Payments and top-up Platform UnDosTres raises US$30 million to Develop new Financial Products
Finance News

Payments and top-up Platform UnDosTres raises US$30 million to Develop new Financial Products

Fintech News Desk
by Fintech News Desk0
International investment fund IDC Ventures leads this series B financing round to drive the company’s growth and strengthen its positioning as the leading digital payments and embedded financial services platform for all Mexicans UnDosTres, the Mexican fintech leader in airtime top-ups, service payments and entertainment purchases, has announced the closing......
Guaranteed Rate Launches New RED-VP Mobile App to Significantly Enhance Loan Officers' On-the-Go Capabilities
Fintech News

Guaranteed Rate Launches New RED-VP Mobile App to Significantly Enhance Loan Officers’ On-the-Go Capabilities

Fintech News Desk
by Fintech News Desk0
Fintech solution designed to make Loan Officers more effective 24/7  Guaranteed Rate, a cutting-edge mortgage lender driven to be the nation’s top Fintech, is proud to announce the launch of its new RED-VP mobile app. This end-to-end digital tool is designed to make Loan Officers even more efficient and effective......
Paxos Leads Digital Asset Industry by Becoming First Issuer to Disclose Full Monthly Reserve Holdings Backing USDP and BUSD Regulated Stablecoins
Finance News

Paxos Leads Digital Asset Industry by Becoming First Issuer to Disclose Full Monthly Reserve Holdings Backing USDP and BUSD Regulated Stablecoins

Fintech News Desk
by Fintech News Desk0
Paxos will provide unprecedented level of disclosure for digital assets, consistent with federally required disclosures of the most conservative regulated products Paxos, the leading regulated blockchain infrastructure platform, has disclosed the specific financial instruments backing its regulated stablecoins USDP and BUSD. Moving forward, Paxos will provide these detailed disclosures on......
First of Its Kind Digital Check Functionality Launched by Bank Shot
Banking News

First of Its Kind Digital Check Functionality Launched by Bank Shot

Fintech News Desk
by Fintech News Desk0
Bank Shot continues to establish itself as the leading innovator in mobile payments by being the first and only solution on the real-estate market that offers digital checks as a payment option. This feature is added to the arsenal of its other fast, safe, and compliant payment methods that the customers......
APFusion Raises $6.5 Million in Series Seed Financing Co-Led by Left Lane Capital & Bedrock Capital
B2B News

APFusion Raises $6.5 Million in Series Seed Financing Co-Led by Left Lane Capital & Bedrock Capital

Fintech News Desk
by Fintech News Desk0
APFusion, Inc., the leading automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, announced today that they have secured $6.5 million in series seed financing bringing the company’s total financing to $7 million. The round was co-led by Left Lane Capital and Bedrock Capital, with continued support from their......
EbixCash World Money Launches Self Booking Corporate Tool for Foreign Exchange Services
Digital Asset Management News

EbixCash World Money Launches Self Booking Corporate Tool for Foreign Exchange Services

Fintech News Desk
by Fintech News Desk0
EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced that its Foreign Exchange Division – EbixCash World Money, has launched the Self Booking Corporate tool for business and corporates travelers, to further empower corporates with a spectrum of......
CEA International LLP Advises GMEX Group on its Acquisition of Pyctor Digital Assets Technology from ING
Digital Asset Management News

CEA International LLP Advises GMEX Group on its Acquisition of Pyctor Digital Assets Technology from ING

Fintech News Desk
by Fintech News Desk0
CEA International LLP (“CEAI”) advises GMEX Group Limited (“GMEX”) on the acquisition of Pyctor digital asset technology from Dutch multinational banking and financial services corporation, ING (“ING”). Prominent deal-making firm, CEA International LLP (“CEAI”), the London based subsidiary of US-headquartered CEA Group (“CEA”), advised GMEX Group Limited (“GMEX”) on the successful acquisition of Pyctor......
Juniper Research Online Payment Fraud Losses to Exceed $343 Billion Globally Over the Next 5 Years, Juniper Research Study Finds
Digital Payments News

Juniper Research Online Payment Fraud Losses to Exceed $343 Billion Globally Over the Next 5 Years, Juniper Research Study Finds

Fintech News Desk
by Fintech News Desk0
Juniper Research has found cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion. As a comparison, this equates to over 350% of Apple’s reported net income in the 2021 fiscal year; showing the massive extent of these losses. Latest Fintech News: Sphere 3D Corp. Provides......
1