Category : Capital Markets

Business Capital Markets Fintech News

Survey: Finance Teams Address Pandemic by Accelerating Move to the Cloud and Driving Revenue Through New Products and Services

Fintech News Desk
by Fintech News Desk0
Finance’s greatest challenges for 2021 include economic uncertainty, quality control processes to ensure accuracy, and accomplishing more with the same or fewer resources BillingPlatform today released its Trends in Finance: 2021 Market Outlook & Strategies for Growth survey, which takes an in-depth look at how finance teams are adapting to macroeconomic trends fueled......
Capital Markets Fintech Fintech Funding News

Neo Financial Raises $50 Million in Series A Funding and Debt Financing

Fintech News Desk
by Fintech News Desk0
Fintech startup raises one of the largest Series A rounds in Western Canada amidst unprecedented year  Neo Financial (Neo), a technology company created by two of the co-founders of SkipTheDishes, announced it has completed a $25 million Series A fundraising round alongside $25 million in debt facility financing, bringing this funding......
Banking Business Capital Markets Fintech News

Australian Buy Now, Pay Later Provider Openpay Commences US Market Launch

Fintech News Desk
by Fintech News Desk0
Australian Buy now, pay later (BNPL) provider Openpay Group Ltd commenced the launch of its operations in the US market. Read More: GlobalFintechSeries Interview with Joshua Levin, Co-founder at OpenInvest Openpay is an ASX-listed, fast-growing, and highly differentiated player in global BNPL payment solutions. It delivers the most flexible plans......
Capital Markets Fintech Investment Services News

Tink Closes €85 Million Investment Round Extension to Further Fuel Expansion

Fintech News Desk
by Fintech News Desk0
Tink announces it has closed the year with a completed €85 million investment round extension, following its €90 million investment round in January. This brings the total invested in Tink during 2020 to €175 million. This funding top up will fuel Tink’s continued expansion and support the further development of......
Banking Business Capital Markets Fintech News

Sberbank (Switzerland) AG Goes Live With Avaloq to Support Its Continued Growth

Fintech News Desk
by Fintech News Desk0
Sberbank (Switzerland) AG has successfully gone live with Avaloq is Software as a Service (SaaS) solution. The implementation, following a ten-month migration project, supports the financial institution’s strong growth ambitions. Avaloq was awarded the contract after a highly competitive tender process. Read More: GlobalFintechSeries Interview with Joshua Levin, Co-founder at OpenInvest......
Business Capital Markets Fintech News

OneConnect Enables Fintech Innovation in Abu Dhabi Global Market’s Digital Lab

Fintech News Desk
by Fintech News Desk0
Leading technology-as-a-service platform provider OneConnect Financial Technology Co., Ltd. (“OneConnect” or “the Company”) was recognized at the recent FinTech Abu Dhabi Festival for its technological support of ADGM Digital Lab, a platform of Abu Dhabi Global Market (ADGM), the award-winning International Financial Center. Read More: Potential Unleashed – FinTech in......
Banking Capital Markets Fintech Investment Services News

Guggenheim Securities Hires Michael Amez to Expand Middle Market Investment Banking Practice

Fintech News Desk
by Fintech News Desk0
Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced that Michael Amez has joined the firm as a Senior Managing Director to expand its middle market investment banking coverage and will focus on advising companies in the technology sector. Mr. Amez joins Guggenheim from William Blair,......
Business Capital Markets Fintech Investment Services News

White & Case Advises Novator Partners on Investment in Monzo

Fintech News Desk
by Fintech News Desk0
Global law firm White & Case LLP has advised Novator Partners on its investment as lead investor in a Series G follow-on investment in Monzo Bank Limited. “Monzo is one of the leading app-based banks in Europe and perfectly fits Novator’s investment focus on companies that are market disruptors,” said......
Business Capital Markets Fintech News

Cross-border B2C eCommerce Spend to Break the $1 Trillion Barrier in 2022, Catalysed by Alibaba & Other Marketplaces: Kaleido Intelligence

Fintech News Desk
by Fintech News Desk0
AliExpress, Amazon, Wish, eBay, Shopee, Etsy, Lazada & Mercado Livre Drives Global Reach for Millions of Merchants New data from fintech research specialists Kaleido Intelligence has found that $1,120 billion will be spent by global online shoppers on international shopping websites and digital services in 2022. This will represent around......
Banking Capital Markets Fintech Fintech Funding News

Mambu to Power DigiBankASIA’s New Digital Bank UNO

Fintech News Desk
by Fintech News Desk0
Mambu has been selected by DigiBankASIA as the technology foundation of its new South East Asia focused full service digital bank UNO. DigiBankASIA has selected the Philippines for its initial rollout, and is currently working with the regulators to obtain the necessary license.  Currently, approximately 70% of the population of......
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