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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.

Payveris’ New Real-Time Money Movement Solution Optimizes P2P Services to Meet Growing Consumer Demand

Payveris, the fastest-growing money movement provider in fintech, announced that its MoveMoney Platform now delivers a real-time P2P solution that rivals Zelle, Venmo, PayPal, and Cash App.  The new service enables financial institutions’ customers to instantly send money to anyone with a U.S. bank or credit union account using the recipient’s mobile phone number or email address—no special app required. The platform offers financial institutions a truly frictionless solution that supports their customers’ journeys to financial freedom.

FTX Trading Ltd. Closes $900 Million Series B Round Largest Raise in Crypto Exchange History

 FTX Trading Ltd. , owner and operator of FTX.COM, a cryptocurrency exchange, announced the closing of a $900 million Series B fundraise, valuing the Company at $18 billion. This new financing round will expand FTX’s global presence, accelerate the Company’s growth, and represents one of the largest raises for a crypto company.

Consumer Fintech HMBradley Switches to Invite Only Amid Explosive Demand for Its Checking Account

HMBradley, the digital banking platform built to reward savers, announced that its flagship product, a checking account that pays consumers up to 3.50% annual percentage yield (APY), is moving to invite only despite increasing demand from consumers. Existing accounts will not be affected.

Fibank Customers Can Now Use Google Pay with their Visa Cards

Fibank (First Investment Bank) now provides its customers with the opportunity to digitize their Visa debit or credit cards using the Google Pay service. With this fast and secure method of payment, they can make contactless payments at points of sale (POS) in physical stores, make in-app purchases using Android apps, or card payments at online merchants.

Enfusion Promotes Dan Groman to Chief Technology Officer

Enfusion, the leading provider of cloud-based investment management software and services, announced the promotion of Dan Groman from Co-Head of Technology to Chief Technology Officer (CTO). In his role, Groman will lead the overall Software Development, Product Management, IT and Security teams in driving strategic technology development and innovation to maximize Enfusion’s impact as a solutions partner for institutional investment managers and hedge funds.

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