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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
RapiPay Forays into Digital Banking, Raises USD 15 Million
Banking Fintech News

RapiPay Forays into Digital Banking, Raises USD 15 Million

Fintech News Desk
To build India’s largest digital banking and financial ecosystem and scale up existing payments business Consolidating its position as a leader in the Fintech industry, RapiPay has raised $15 million in funding to launch NYE, a new age digital banking super App. Believing in RapiPay’s growth story, the current funding round is led by Varun......
Cazoo Raises $630 Million From Investor Group Led by Viking Global Investors
Investment Services News

Cazoo Raises $630 Million From Investor Group Led by Viking Global Investors

Fintech News Desk
Investor group led by Viking Global Investors to invest $630 million in 2.00% Convertible Notes Significant progress since launch with market leading platform, team, brand and infrastructure Achieved record revenues up ~300% to over £665 million and ~49,500 total units sold in 2021 Very well positioned to capture huge £475+......
French Business Leaders Are Optimistic About Growth Despite Labor Shortages, Inaugural J.P. Morgan Survey Finds
Economy News

French Business Leaders Are Optimistic About Growth Despite Labor Shortages, Inaugural J.P. Morgan Survey Finds

Fintech News Desk
French business leaders are optimistic about the economy and their company’s performance for the year ahead, despite facing challenges rooted in labor shortages, according to J.P. Morgan’s inaugural France Business Leaders Outlook survey released . Latest Fintech Insights: Mashreq Bank Chooses Thetaray Transaction Monitoring Solution for Correspondent Banking “It’s no secret businesses......
BIFROST Is Launching a DPoS Network For Cross-Chain Solutions With 20% APR Staking Opportunity
Blockchain News

BIFROST Is Launching a DPoS Network For Cross-Chain Solutions With 20% APR Staking Opportunity

Fintech News Desk
BIFROST initially took off as a multichain middleware project designed to connect the diverse ecosystem of blockchains. As people are witnessing a global crypto adoption stage and more demand for a better Web3 experience, the blockchain space still faces issues of providing network efficiency and scalable financial infrastructure. That being said, BIFROST is now......
QDB's Qatar FinTech Hub Hosts Wave 3 Demo Day For Its Incubator And Accelerator Programs
Fintech News

QDB’s Qatar FinTech Hub Hosts Wave 3 Demo Day For Its Incubator And Accelerator Programs

Fintech News Desk
Key Opportunities for Investors, Businesses, Financial Institutions in the Middle East Qatar FinTech Hub (QFTH), founded by Qatar Development Bank (QDB) to support the growth of the FinTech industry in Qatar, has announced the Wave 3 Demo Day for its flagship Incubator and Accelerator Programs, which will take place virtually. Latest......
Litigation Is Driving Up U.S. Commercial Auto Insurance Costs, Study Finds
InsurTech News

Litigation Is Driving Up U.S. Commercial Auto Insurance Costs, Study Finds

Fintech News Desk
Social inflation—the impact of rising litigation on insurers’ costs—increased claim payouts for commercial auto insurance liability alone by over $20 billion between 2010 and 2019, according to a new paper by Insurance Information Institute (Triple-I), in partnership with the Casualty Actuarial Society (CAS). Latest Fintech Insights: Allumia Closes Series A2 Financing To Advance Energy Efficiency-as-a-Service Technology Platform The......
Global Rewards Taps Galileo Financial Technologies To Scale B2B Payments
B2B Digital Payments News

Global Rewards Taps Galileo Financial Technologies To Scale B2B Payments

Fintech News Desk
Galileo Financial Technologies, the leading global financial technology company owned and operated independently by SoFi Technologies, Inc., announced that business-to-business payments innovator Global Rewards is using Galileo’s cloud-based technology platform and powerful APIs to usher in a new era of growth for the company. Latest Fintech Insights: Invesco, A Global Investment......
GoCardless Joins Tech Unicorns As It Secures Usd312 Million To Accelerate Growth In Open Banking
Banking Digital News

GoCardless Joins Tech Unicorns As It Secures Usd312 Million To Accelerate Growth In Open Banking

Fintech News Desk
New investment by Permira’s Growth Opportunities fund and BlackRock Private Equity Partners values GoCardless at USD2.1 billion  Investment follows a fast start in open banking and will be used to double down on account-to-account payments and build a global ‘bank pay’ network to rival cards Michael Rouse, former Chief Commercial......
Tint Raises a $25M Series A Round Led By QED Investors to Enable Tech Platforms to Become Insurers
InsurTech News

Tint Raises a $25M Series A Round Led By QED Investors to Enable Tech Platforms to Become Insurers

Fintech News Desk
Tint empowers companies to protect end-users from risks inherent in their products and services with embedded insurance Tint, the platform that empowers companies to protect their end-users through unique embedded insurance products, announced that it raised $25M in Series A funding. The round was led by QED Investors with participation......
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