Search Results for: global markets

Juniper Research Contactless Card Transaction Values to Reach $2.5 Trillion in 2021, Dominating the Contactless Landscape
Digital Payments News

Juniper Research Contactless Card Transaction Values to Reach $2.5 Trillion in 2021, Dominating the Contactless Landscape

Fintech News Desk
by Fintech News Desk0
Growth of 45% between 2020 and 2021 A new report from Juniper Research has found that global contactless card transaction values will reach $2.5 trillion in 2021, from $1.7 trillion in 2020, with cards retaining the majority share of overall contactless transaction values at 79% in 2021. The pandemic has significantly accelerated......
Next-Gen Options Protocol, Lyra, Announces $3.3 Million Raise Co-Led by Framework Ventures
DeFi News Risk Management

Next-Gen Options Protocol, Lyra, Announces $3.3 Million Raise Co-Led by Framework Ventures

Fintech News Desk
by Fintech News Desk0
Backed by Largest DeFi VC Framework Ventures and ParaFi Capital, Lyra recently launched on testnet to offer risk-managed options trading to DeFi traders and liquidity providers Lyra, a protocol for options trading on Ethereum, announced today a $3.3M seed raise co-led by the largest venture capital firms in the decentralized......
LendKey Appoints Joe Proto to its Board of Directors
Banking Fintech News

LendKey Appoints Joe Proto to its Board of Directors

Fintech News Desk
by Fintech News Desk0
Company grows Board of Directors in concert with new banking-as-a-service innovations, lending momentum, and strong first-half financial performance LendKey, the fintech company on a mission to make lending simpler, announced the appointment of Joe Proto, EVP Senior Advisor at Mastercard, to its Board of Directors. Proto currently serves on LendKey’s......
OppFi Board of Directors Will Bring Diverse Experience in Driving Growth, Innovation, and Customer-Centric Excellence
Fintech News

OppFi Board of Directors Will Bring Diverse Experience in Driving Growth, Innovation, and Customer-Centric Excellence

Fintech News Desk
by Fintech News Desk0
Company will celebrate its recent listing on the New York Stock Exchange by ringing The Closing Bell® on July 27 OppFi Inc., a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced it will celebrate its listing on the New York Stock......
Paysafe Expands its Board with the Appointment of Mark Brooker as Non-Executive Director
Banking Digital Payments Investments News

Paysafe Expands its Board with the Appointment of Mark Brooker as Non-Executive Director

Fintech News Desk
by Fintech News Desk0
Former Betfair senior executive and William Hill board member brings deep iGaming industry experience to the expanded Paysafe Board Paysafe, a leading specialized payments platform, announced it has appointed seasoned executive, Mark Brooker, as an independent non-executive board director effective July 22. Brooker joins as an additional member of the......
Bizongo Scales to $150 Million in Annualised Revenue; Nears Profitability
B2B E-commerce Fintech News

Bizongo Scales to $150 Million in Annualised Revenue; Nears Profitability

Fintech News Desk
by Fintech News Desk0
Records a revenue growth of 5X from pre-pandemic levels Growth for the B2B e-commerce platform for customized goods marked by strong unit economics and positive cash flow Tech-enabled B2B e-commerce platform for customized goods, Bizongo is set to turn profitable as it achieves $150 million in annualized revenue. The company’s......
SIMON Raises $100 Million in Series B Funding to Fuel Next Growth Phase for Digital Wealth Management Platform
Fintech News

SIMON Raises $100 Million in Series B Funding to Fuel Next Growth Phase for Digital Wealth Management Platform

Fintech News Desk
by Fintech News Desk0
Spun-out from Goldman Sachs in December 2018, SIMON announces capital raise led by WestCap with participation from existing investors SIMON Markets LLC (“SIMON”), a fintech company transforming the digital wealth management landscape through its leading platform for financial professionals, and which makes risk-managed and alternative investment solutions broadly available, has closed......
Continuous Composites Closes $17 Million Series A Financing
Banking Investments News

Continuous Composites Closes $17 Million Series A Financing

Fintech News Desk
by Fintech News Desk0
Continuous Composites Inc., a pioneer and innovator in the additive manufacturing industry, announced the successful closing of its $17 million Series A financing led by B. Riley Venture Capital (BRVC), a subsidiary of B. Riley Financial, Inc. This latest investment follows prior funding rounds led by strategic partners Arkema S.A.......
Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties
Blockchain News

Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties

Fintech News Desk
by Fintech News Desk0
Paxos, the first regulated blockchain infrastructure platform, announced it has launched the Paxos Settlement Service for commodities. Paxos now facilitates the simultaneous settlement of cash and commodities trades, a first in the precious metals market. It delivers zero-risk settlement for commodities market participants with fully automated delivery versus payment (DVP)......
Liquid Mortgage Issued Patent for Decentralized Systems and Methods for Managing Loans and Securities
DeFi Fintech News

Liquid Mortgage Issued Patent for Decentralized Systems and Methods for Managing Loans and Securities

Fintech News Desk
by Fintech News Desk0
Liquid Mortgage has been issued a U.S. Patent for its distributed ledger technology, supporting its vision for the future of debt markets. U.S. Patent 11,068,978 entitled, “Decentralized Systems and Methods for Managing Loans and Securities,” aims to make debt markets more efficient and transparent, while lowering overall ecosystem costs. Read More: Novae Financing: The......
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