Fintech News

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

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023

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.

WorkWhile and Marqeta Announce Partnership on New Card Solution

Marqeta, the global modern card issuing platform, announced that it has been selected by WorkWhile to power accelerated wage access to its workers. Through a debit card, WorkWhile workers can access their wages as soon as their shift hours are approved, helping to significantly reduce their need for credit and improving their financial well-being.

Mahalo Banking Selected As Finalist In Nacuso’s Next Big Idea Competition For Next-generation Digital Banking Solution

Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has been selected as one of five finalists in the National Association of Credit Union Service Organizations’ (NACUSO) Next Big Idea Competition. The Next Big Idea Competition, now in its eleventh year, aims to highlight creativity, teamwork, and fresh approaches for the credit union sector.

Cega Fundraising Tops $9.3 Million in Total to Accelerate DeFi Exotic Structured Products On-Chain

Cega Finance is pleased to announce that it closed a $5 million funding round led by Dragonfly Capital with continued participation from Pantera Capital and Robot Ventures (Tarun Chitra and Robert Leshner). This brings the startup’s total seed funding raised to $9.3 million.

Ambit Finvest Partners With Bajaj Finserv Direct To Launch D2C Digital Lending Platform

In order to create a D2C mobile app – Ambit Finvest – Instant Loan App and a web-based digital lending platform, Ambit Finvest Private Limited (“Ambit Finvest”), the Non-Banking Financial Company (NBFC) of the Ambit Group, has partnered with SKALEUP, the digital technology services arm of Bajaj Finserv Direct Limited, a subsidiary of Bajaj Finserv Limited.

SimCorp Unites with FlexTrade to Add New EMS Ecosystem Partner

SimCorp, an independent provider of investment management solutions, has partnered with FlexTrade Systems, a global leader in high-performance multi-asset trade execution management systems (EMS), to extend SimCorp’s Order Management System (OMS) capabilities by incorporating the cross-asset EMS functionality of FlexTrade’s FlexTRADER EMS.

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