Search Results for: traditional banking

AlphaCredit closes equity financing round led by SoftBank Latin America Fund
Banking Fintech News

AlphaCredit closes equity financing round led by SoftBank Latin America Fund

Fintech News Desk
by Fintech News Desk0
AlphaCredit, a leading technology firm that provides financial services to segments underserved by traditional banking institutions, specialized in consumer lending and financing for small and medium enterprises (SMEs), has completed an equity financing round for more than MXN$2.4 billion (approximately US$100 million), led by SoftBank’s Latin America fund, one of the leading technology......
BitX Funding Creates Immediate Opportunity Through SBA's Paycheck Protection Program
Business Fintech Fintech Funding News

BitX Funding Creates Immediate Opportunity Through SBA’s Paycheck Protection Program

Fintech News Desk
by Fintech News Desk0
Mighty Lending Marketplace Expedites Momentum for Small Businesses by Leveraging Collaborative Approach BitX Funding, the online lending marketplace known for streamlining finance by matching small-business owners with optimal, non-bank lenders, is fortifying their unique process by partnering with Fintech companies to service loans through the current Paycheck Protection Program. While......
OpenPayd Strengthens Senior Leadership With New Hire
Banking Fintech News

OpenPayd Strengthens Senior Leadership With New Hire

Fintech News Desk
by Fintech News Desk0
OpenPayd is delighted to announce it has appointed Matthias Kröner as a Senior Advisor. The appointment follows a period of significant growth for the company in the past year, which provides enterprise businesses with access to cross-border banking and payment solutions. Read More: Celsius Network and Prime Trust partner to secure......
YCharts Adds Coronavirus Data to Help Investors Track Economic Impact
Banking Fintech News

MatchMove Submits Application For A Digital Full Bank License

Fintech News Desk
by Fintech News Desk0
Move is the natural next step to scale their innovative Banking-as-a-Service platform MatchMove, one of the pioneer Singapore headquartered fintech companies offering a ‘Banking-as-a-Service’ platform,  confirmed that it has submitted an application for a Digital Full Bank License (“DFBL”) to the Monetary Authority of Singapore (“MAS”). In many ways, MatchMove......
Tradeshift Engage Accelerates Full Supply Chain Digitization With Seller-Focused Incentives
Blockchain Cryptocurrency Fintech News

Celsius Network First to Achieve Profitability Despite the Recent Downturn

Fintech News Desk
by Fintech News Desk0
The crypto platform has become well known for distributing 80% of its revenue back to its depositor community as weekly interest income and charging no fees  Celsius Network , the industry-leading cryptocurrency interest income platform, announces that it has achieved profitability after launching only 18 months ago. Celsius has been......
SMB FinTech Has Come a Long Way...But We’re Not There Yet
Banking Fintech Fintech Startups Guest Posts

SMB FinTech Has Come a Long Way…But We’re Not There Yet

Greg Ott
by Greg Ott0
It wasn’t that long ago that banks were the only game in town, and if you wanted to borrow money, that was your primary option. The recession of 2008 caused banks to strain under the weight of tough lessons learned and heavy regulations. That created the perfect opportunity for financial......
Azimo and Ripple Partner to Deliver Faster, Cheaper Payments to the Philippines
Business Fintech News

Azimo and Ripple Partner to Deliver Faster, Cheaper Payments to the Philippines

Fintech News Desk
by Fintech News Desk0
Uses Digital Asset XRP to Deliver Cross-Border Payments to Top Global Remittance Destination Europe’s leading digital money transfer service, announced that it has partnered with Ripple, the enterprise blockchain solution for global payments. Azimo has launched its first service using Ripple’s On-Demand Liquidity solution (ODL) to send faster and cheaper......
CyberloQ Technologies, Inc. Partners with Pinnacle to Offer Electronic Tax Refunds to Unbanked Consumers
Business Fintech News

CyberloQ Technologies, Inc. Partners with Pinnacle to Offer Electronic Tax Refunds to Unbanked Consumers

Fintech News Desk
by Fintech News Desk0
CyberloQ Technologies, Inc.  announces its new initiative with marketing partner Pinnacle to provide direct deposit of tax refunds for clients without access to bank accounts, thereby expanding the market reach of both companies. For the nearly 68 million people in the US without a checking account, prepaid cards such as......
Why Banks will Benefit from Open API
Banking Guest Posts Insights

Why Banks will Benefit from Open API

Raymond Wyand
by Raymond Wyand1
The idea of sharing customer data has made banks justifiably worried, but they can leverage open API mandates to their advantage. Financial institutions are accustomed to holding on to historical customer data. They view this as a competitive advantage, as well as a security requirement. Today, however, regulatory and market......
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