Search Results for: e-money wallet

Upgrade Raises $280 Million at $6 Billion Valuation
Fintech News

Upgrade Raises $280 Million at $6 Billion Valuation

Fintech News Desk
New investments will help consolidate Upgrade Card as fastest growing credit card in America Upgrade, Inc., a Fintech company that offers affordable and responsible credit and mobile banking to mainstream consumers, announced that it raised a $280 million Series F round at a $6 billion pre-money valuation. The round was led by Coatue......
As Use of Alternative Payments Is Skyrocketing, Banks Must Urgently Embrace the Next Generation of Payments to Stay in the Race: Capgemini’s World Payments Report 2021
B2B Cryptocurrency Digital Payments Digital Wallet News

As Use of Alternative Payments Is Skyrocketing, Banks Must Urgently Embrace the Next Generation of Payments to Stay in the Race: Capgemini’s World Payments Report 2021

Fintech News Desk
The report found that by 2025, instant payments and e-money payments will account for more than 25% of global non-cash transactions, up from 14.5% in 2020 Payments are entering a new experience-driven era (Payments 4.X), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite......
Upgrade Closes $105 Million Series E Round at $3.325 Billion Valuation
Banking Fintech News

Upgrade Closes $105 Million Series E Round at $3.325 Billion Valuation

Fintech News Desk
Company will use proceeds to fuel next phase of financial innovation that benefits consumers Upgrade, Inc., a fintech company that offers affordable and responsible credit to mainstream consumers, announced that it closed a $105 million Series E round at a $3.325 billion pre-money valuation led by Koch Disruptive Technologies (KDT) with participation from......
Record-Breaking VC Investment in Fintech in First Half of 2021
B2B Banking Fintech News

Record-Breaking VC Investment in Fintech in First Half of 2021

Fintech News Desk
KPMG’s Pulse of Fintech reveals investment hit US$98 billion US$98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with $121.5 billion during all of 2020. Global VC investment in fintech reached a record $52.3 billion in H1’21 – more than doubling the $22.5 billion seen in H2’20.......
DMG Invests US$2 Million in Bosonic’s Crypto Trading Platform
Blockchain Cryptocurrency Fintech News

DMG Invests US$2 Million in Bosonic’s Crypto Trading Platform

Fintech News Desk
DMG Blockchain Solutions Inc., a vertically integrated blockchain and cryptocurrency technology company, announces a US$2-million strategic investment in Bosonic Inc. (“Bosonic”) a leading Silicon Valley technology company based in San Francisco, California. Bosonic provides critical infrastructure eliminating counterparty credit and settlement risk in Digital Asset Markets. DMG’s investment in Bosonic......
Mobile Money and the Unbanked: How Mobile Payments Can Support Financial Inclusion in Emerging Markets
Banking Guest Posts

Mobile Money and the Unbanked: How Mobile Payments Can Support Financial Inclusion in Emerging Markets

Brad Hyett
The shift to a cashless society was already underway before the pandemic hit. Nevertheless, the COVID-19 has accelerated years’ worth of digital transformation within the space of a few short months. From contactless spending to the rise of e-wallets, it’s an exciting time for consumers as digital innovation offers easier......
Paysafe’s NETELLER Launches Knect Customer Reward Programme
Cryptocurrency Digital Digital Payments News

Paysafe’s NETELLER Launches Knect Customer Reward Programme

Fintech News Desk
NETELLER’s new loyalty programme rewards customers for using their digital wallet NETELLER, powered by leading specialised payments platform Paysafe, announces the launch of NETELLER Knect. NETELLER Knect is a loyalty programme that rewards customers for choosing to pay with their NETELLER digital wallet. It has launched today in over 100......
Mogo Announces Strategic Investment in Coinsquare, Canada’s Leading Digital Asset Trading Platform
Digital Fintech Investment Services Mobile Banking News Trading

Mogo Announces Strategic Investment in Coinsquare, Canada’s Leading Digital Asset Trading Platform

Fintech News Desk
Mogo to acquire 19.99% of Coinsquare; agreement includes rights to increase ownership up to 40% Mogo, a digital payments and financial technology company, announced its investment in Coinsquare Ltd. (“Coinsquare”), Canada’s leading digital asset trading platform, including the execution of a definitive agreement (the “Agreement”) for Mogo to acquire 19.99%......
ZEN Turns to SIA for Payments Processing
Business Fintech News

ZEN Turns to SIA for Payments Processing

Fintech News Desk
ZEN, a newly launched licensed European fintech company, and SIA, a leading European hi-tech company in the payment services and infrastructures sector, controlled by CDP Equity, have announced their partnership to bring ZEN’s innovative digital financial solution to consumers and entrepreneurs in 32 European countries [1], including the UK. Read......
insightsoftware Acquires Certent, Inc.
Business Fintech News

insightsoftware Acquires Certent, Inc.

Fintech News Desk
Deal extends insightsoftware’s comprehensive solution portfolio for the Office of the CFO with equity and disclosure management capabilities insightsoftware, a global provider of enterprise software solutions for the Office of the CFO, today announced it has acquired Certent, a leading provider of software-as-a-service solutions for financial disclosure management and equity......
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