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Banking Digital Fintech Investments News

Millennials Dominate P2P Platform as Both Lenders and Borrowers: Study

Fintech News Desk
Bengaluru, Mumbai and Hyderabad – top cities in terms of both borrowing and lending   Medical emergencies during the pandemic was the top reason for borrowing followed by advance salary and family functions  Up to 25,000 is the most preferred ticket size among borrowers  50k to 1lakh is the most......
Fintech Platform MPOWER Financing Raises $100 Million in Equity to Support Students Worldwide
Fintech News

Fintech Platform MPOWER Financing Raises $100 Million in Equity to Support Students Worldwide

Fintech News Desk
The funding will fuel the company’s mission to make education accessible to high-promise international students MPOWER Financing, an innovative fintech platform and the leading provider of education loans to high-promise students around the world, announced that it has raised an equity investment of $100 million. The raise underscores investors’ confidence in......
RedStone Raises $525K in First Round of Funding to Expand Its Market Leading Next-Generation Decentralized Oracle Platform
Digital Finance Fintech News Technology

RedStone Raises $525K in First Round of Funding to Expand Its Market Leading Next-Generation Decentralized Oracle Platform

Fintech News Desk
Round Led by Maven 11 Capital, With Participation From Arweave, Collider Ventures, Maven 11 Capital, KR1, 1kx and Bering Waters Ventures RedStone, the creator of a next-generation decentralized finance oracle platform has raised $525K in its pre-seed financing round. Led by Maven 11 Capital, major investors in the private-placement SAFT-style round included......
Bacchus Capital to Launch Technology Investment Banking Advisory and Ventures Business
Banking Investments News

Bacchus Capital to Launch Technology Investment Banking Advisory and Ventures Business

Fintech News Desk
Chris van Wyk to Join Bacchus Capital as Managing Director and Head of Technology Investment Banking Advisory Bacchus Capital, the London-based Merchant and Ventures Investment Bank, is pleased to announce the launch of its Technology Investment Banking and Ventures business, to be led by Chris van Wyk, who joins as Managing Director......
The Hemp Blockchain, Inc. Chooses Algorand as Its Blockchain Platform
Blockchain News

The Hemp Blockchain, Inc. Chooses Algorand as Its Blockchain Platform

Fintech News Desk
The Hemp Blockchain, Inc., the company building advanced cloud-based solutions to accelerate the growth of the industrial hemp industry, announced the selection of Algorand as its blockchain platform to support a range of supply chain management and marketplace solutions purpose-built for the industrial hemp industry. The Hemp Blockchainâ„¢ seeks to......
Renault Bank, the Savings Offer of Renault Group, Enters the Netherlands via Savings
Banking Fintech News

Renault Bank, the Savings Offer of Renault Group, Enters the Netherlands via Savings platform Raisin.nl

Fintech News Desk
The Renault Group automotive captive RCI Bank and Services and fintech Raisin DS have announced their new exclusive cooperation to bring the bank’s first retail banking offer to the Netherlands through the Renault Bank brand. Raisin Netherlands, a platform operated by the German wealth management fintech Raisin DS, now features......
MrGuru Performs Technical Platform Upgrade; Adds Latest Trading Technologies
Cryptocurrency News Trading

MrGuru Performs Technical Platform Upgrade; Adds Latest Trading Technologies

Fintech News Desk
Due to the increased volatility of the cryptocurrency market in recent months, short-term trading has become very popular among online traders. Subsequently, renowned online crypto trading broker MrGuru has announced that it has performed maintenance on its proprietary Webtrader platform. According to the company, trade orders are now executed faster, in a......
VyStar Credit Union Selects Nymbus as Digital Banking Partner
Banking Digital Fintech Mobile Banking News

VyStar Credit Union Selects Nymbus as Digital Banking Partner

Fintech News Desk
NYMBUS®, a leading provider of banking technology solutions, announced that VyStar Credit Union has chosen Nymbus as its new online and mobile banking solution partner. This extends a landmark partnership that began earlier this year with VyStar’s $20 million investment in the newly formed Nymbus CUSO. “We’re thrilled VyStar has......
BM Technologies, Inc. (BMTX) Announces GoAskJay as New Workplace Banking Partner
Banking Digital Mobile Banking News

BM Technologies, Inc. (BMTX) Announces GoAskJay as New Workplace Banking Partner

Fintech News Desk
Collaboration Marks GoAskJay’s First Digital Banking Platform Offering to its Approximately Three Million Users in the US BM Technologies, Inc. , one of the largest digital banking platforms in the country, announced GoAskJay, a direct-to-consumer insurance & financial marketplace tailored for any stage of your life or business, as a......
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