Search Results for: payment and financial services

MRB Direct Announces Investment by Austin Capital
B2B Fintech News

MRB Direct Announces Investment by Austin Capital

Fintech News Desk
by Fintech News Desk0
Fintech Fund II makes investment in MRB Direct, a Software-as-a-Service provider for compliance and banking solutions for cash intensive industries MRB Direct, Inc. announces a seed round investment by Fintech Fund II, a $125 million venture fund managed by Austin Capital General Partner, LLLP that targets companies in the financial technology sector.......
Mobile Wallet Adoption Rate to Increase to 75 Percent by 2025, Says Beroe Inc
Digital Payments Mobile Banking News

Mobile Wallet Adoption Rate to Increase to 75 Percent by 2025, Says Beroe Inc

Fintech News Desk
by Fintech News Desk0
The global mobile wallet adoption rate is expected to witness an upward trend in the coming years amid an increase in the digital payment market through the usage of mobile payment wallets and contactless payments as an alternative to credit/debit card transactions on a global scale, says Beroe Inc. The mobile wallet adoption rate in 2020,......
CSU Announces New Partnership With The Technisys Platform, Aiming To Structure Its Differentiated Offer In The BaaS Industry
Banking Fintech Mobile Banking News

CSU Announces New Partnership With The Technisys Platform, Aiming To Structure Its Differentiated Offer In The BaaS Industry

Fintech News Desk
by Fintech News Desk0
CSU’s newest move in the technology area is the long-term licensing of the core banking platform from Technisys. With this partnership, CSU’s Banking as a Service – BaaS solution will benefit from a core banking option considered one of the most advanced in the global market, taking digital banking to......
Skyflow Launches First-Ever Data Privacy Vault for Fintechs, Delivered as an API
Fintech News

Skyflow Launches First-Ever Data Privacy Vault for Fintechs, Delivered as an API

Fintech News Desk
by Fintech News Desk0
New Skyflow Payments Vault Helps Fintech Companies Bring Innovative Apps to Market Faster Enables firms to verify credit and identity and conduct financial transactions without sharing personal data Ensures regulatory compliance for sensitive data, including PCI Delivered as a modern API, and deployable in less than a day Skyflow announced......
R3 Development Fund Invests First USD 10 Million in Over 20 Start-ups
Blockchain Fintech News

R3 Development Fund Invests First USD 10 Million in Over 20 Start-ups

Fintech News Desk
by Fintech News Desk0
Global enterprise software firm R3’s Development Fund has reached the milestone of USD 10 million in capital deployed across over 30 investments in more than 20 of the most promising early-stage blockchain and confidential computing companies. The Fund invests in innovative start-ups building apps on R3’s enterprise blockchain platform, Corda, and......
African Development Bank Approves $170M for Investment in Startups
Digital Finance Fintech News

African Trade Finance Sees $5 Billion In Portfolio Outflows In Q1 2020 Due To Covid-19, But Opportunities Exist – Report

Fintech News Desk
by Fintech News Desk0
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of......
VentureRock Is Launching A $300M Fund-of-Funds in Abu Dhabi - Supported by The Private Investment Group
Business Finance Fintech News

VentureRock Is Launching A $300M Fund-of-Funds in Abu Dhabi – Supported by The Private Investment Group

Fintech News Desk
by Fintech News Desk0
VentureRock – Impact Venture Builder and ecosystem of entrepreneurs, investors and startup experts, is launching a $300M Fund-of-Funds in Abu Dhabi – supported by The Private Investment Group, to encourage and grow the market-leaders that will shape the world of tomorrow DeepTech, CleanTech, HealthTech and Smart City technology. From this new Fund-of-Funds, VentureRock will invest......
Canadian Bitcoin Platform Shakepay Partners With Marqeta To Power Innovative New Card Offering
Fintech News

Canadian Bitcoin Platform Shakepay Partners With Marqeta To Power Innovative New Card Offering

Fintech News Desk
by Fintech News Desk0
Shakepay customers will be able to sign up for a Marqeta-powered Visa* card, allowing them to spend money directly from their account. Shakepay, a Montreal-based financial technology platform that allows Canadians to buy and sell digital currency and pay their friends, announced that it has partnered with Marqeta, the global......
DLA Piper Advises Ekata in its US$850 Million Acquisition by Mastercard
Digital Payments News

DLA Piper Advises Ekata in its US$850 Million Acquisition by Mastercard

Fintech News Desk
by Fintech News Desk0
DLA Piper represented Ekata, Inc., the global leader in dynamic identity verification solutions for real-time risk decisioning, in its agreement to be acquired by Mastercard for US$850 million. Mastercard’s strategic acquisition of Ekata will enable Mastercard and Ekata to continue to meet the growing demands of, and threats to, the......
UK-based Fintech Revolut Appoints Paroma Chatterjee As CEO India As It Kickstarts Its Entry Into The Country
Finance Fintech News

UK-based Fintech Revolut Appoints Paroma Chatterjee As CEO India As It Kickstarts Its Entry Into The Country

Fintech News Desk
by Fintech News Desk0
Paroma Chatterjee appointed CEO India to build and lead Revolut’s subsidiary in India. Ms Chatterjee joins from Lendingkart and has previously held senior executive roles at Airtel Money, Flipkart and Via.com. Revolut is making a multi million pound investment over the next five years and has committed to the creation......
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