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.
Kraken Ventures Raises $65 Million for Early Stage Fund to Invest Across the Crypto & Fintech Ecosystem
Kraken Ventures, an independent investment fund led by Kraken alumni targeting early stage companies and protocols across the crypto and fintech ecosystem, has announced the successful closing of its first fund, Kraken Ventures Fund I LP. In addition to Kraken as the anchor LP, the fund raised capital from a broad group of global institutional investors.
Visa Study Finds Digital Payments Are the Preferred Way in the US to Send Money Abroad
Consumers are increasingly turning to digital payments to send money to family and friends around the world to help out financially or celebrate special occasions, according to a new Visa survey. Almost a quarter (23%) of surveyed U.S. adults have sent money from the U.S. to another country and nearly two-thirds (65%) of those remittance users plan to send money to another country to celebrate the holiday season this year.
Mastercard Holiday Shopping Survey Shows Consumers Prefer Online Shopping And Gift Cards
While consumers are returning to their in-store shopping routines, according to a recent Mastercard survey, 56% of shoppers are continuing to prioritize online shopping this holiday season, citing waiting in lines (72%), finding parking (65%), and items being out of stock (47%) as primary reasons.
EVO Payments Acquires Majority Interest in National Bank of Greece Merchant Acquiring Business
EVO Payments, Inc., a leading global provider of payment technology integrations and acquiring solutions, announced that it has entered into a long-term strategic marketing alliance with the National Bank of Greece to provide merchant acquiring and payment processing services.
Rapyd Research Finds Growing Appetite for Digital Payments in Latin America
Rapyd, a global Fintech-as-a-Service company, released the results of a new survey exploring the adoption of digital finance tools and eCommerce in Argentina, Colombia, Mexico, and Brazil. Despite the region’s large “unbanked” population, the survey found that among those with active bank accounts there is a strong and growing preference for digital services, setting the stage for continued growth across the region.
