Month : June 2023

Yendo Secures $24 Million in Series A Financing, Led by FPV Ventures
Finance News

Yendo Secures $24 Million in Series A Financing, Led by FPV Ventures

Business Wire
by Business Wire0
Yendo will expand access to affordable credit to the millions of Americans who have historically been excluded from the traditional credit system Yendo, the company that created the first-ever vehicle-secured credit card, announced the closing of its $24 million in Series A financing, led by FPV Ventures, along with existing......
XEROF Launches $100 Million Active Managed Certificate in Bitcoin
Cryptocurrency News

XEROF Launches $100 Million Active Managed Certificate in Bitcoin

Business Wire
by Business Wire0
The actively managed certificate, delivered in partnership with Swiss banks, is designed for institutional investors to diversify into cryptoassets more easily XEROF, a vanguard in cryptoasset financial services, announced that it has launched, alongside GenTwo, licensed and regulated Bitcoin-backed active managed certificates (AMCs). “The cryptoasset market is maturing and is......
Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks
Lending News

Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks

Business Wire
by Business Wire0
Lending as a Service partner and fintech, Propel, will service new Pathward consumer loans Pathward, N.A., a national bank driven by its purpose to power financial inclusion, is adding a new line of credit to open access for credit challenged consumers. While credit options are abundant for some consumers, others......
Trolley Introduces DAC7 Compliant Payout Tool for Online Marketplace Earnings Reporting
Digital Payments News

Trolley Introduces DAC7 Compliant Payout Tool for Online Marketplace Earnings Reporting

Business Wire
by Business Wire0
Trolley, the payouts platform for the internet economy, is pleased to announce a major expansion of its Tax product, now allowing online marketplaces across the globe to pay out and report on payments to European sellers in full compliance with the EU’s stringent DAC7 reporting obligations. “Understanding tax laws can......
Transcard Unveils SMART Suite APIs for Streamlined Payment Integration
Digital Payments News

Transcard Unveils SMART Suite APIs for Streamlined Payment Integration

PR Newswire
by PR Newswire0
Transcard, a global leader in payments technology, announces the general availability of their innovative SMART Suite APIs, revolutionizing the way tech companies integrate payments into their platforms. This breakthrough solution eliminates the need for time-consuming aggregation of multiple provider platforms, providing businesses with a faster and more efficient way to......
Inbank Increases Stake In Full-service Vehicle Rental Company Mobire To 65 Percent
Banking News

Inbank Increases Stake In Full-service Vehicle Rental Company Mobire To 65 Percent

GlobeNewswire
by GlobeNewswire0
Inbank signed an agreement to acquire an additional 12% stake in the full-service vehicle rental company Mobire Group OÜ. As a result, Inbank now owns 65% of Mobire’s shares. The parties have agreed not to disclose the price of the transaction. Latest Fintech Interview: Global Fintech Interview with Paul Monk,......
BTSE and BOA Alphaline Announce Strategic Partnership to Broaden Digital Asset Investment Opportunities for Institutional and High-Net-Worth Investors
Cryptocurrency Investment Services News

BTSE and BOA Alphaline Announce Strategic Partnership to Broaden Digital Asset Investment Opportunities

GlobeNewswire
by GlobeNewswire0
BTSE, a leading digital asset exchange, and BOA Alphaline Group Limited, a distinguished consortium of cryptocurrency investment professionals catering to both institutional investors and high-net-worth individuals (HNWIs), and an affiliate of BOA Financial Group, announced that they have signed a Memorandum of Understanding (MOU). This MOU demonstrates a shared commitment......
Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation
News Security

Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation

PR Newswire
by PR Newswire0
Creates Blueprint for How Financial Institutions Can Significantly Strengthen the Security and Privacy of Customer Interactions While Also Dramatically Improving CX Journey.ai, Inc, a groundbreaking cybersecurity software business, has joined forces with Tradition Capital Bank, a leading community bank headquartered in Edina, Minnesota. This strategic partnership signifies a pivotal moment in the......
CryptoBlox to Acquire Crypto Mining Facility and Provides Corporate Update
Cryptocurrency News

CryptoBlox to Acquire Crypto Mining Facility and Provides Corporate Update

GlobeNewswire
by GlobeNewswire0
CryptoBlox Technologies is pleased to announce that on June 16, 2023, it entered into a share purchase agreement (the “Agreement”) with Red Water Acquisition Corp. (“Redwater”) for 100% of the total issued and outstanding shares of Redwater (the “Acquisition”). Redwater will be a wholly-owned subsidiary of the Company following completion......
Brazilian Financial Institutions Can Thwart Rising Fraud Attempts with Innovative Biometric Solutions
Fintech News

Brazilian Financial Institutions Can Thwart Rising Fraud Attempts with Innovative Biometric Solutions

GlobeNewswire
by GlobeNewswire0
Leading Global Biometric Authentication Company, Aware, to Showcase Scalable, User-Friendly and Fraud-Resistant Solutions for Brazilian Banks and FinTech’s at Febraban Tech 2023 In recent years, Latin America has been digitizing their financial services sector faster than anywhere else across the globe. However, as a result, the region has also experienced a corresponding......
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