Search Results for: Global Financial Markets

TerraPay Raises $100 Million in Series B Funding to Expand Global Payments Infrastructure
Digital Payments News

TerraPay Raises $100 Million in Series B Funding to Expand Global Payments Infrastructure

PR Newswire
by PR Newswire0
TerraPay, a leading global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The funding round was led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation (DFC) and a consortium of other......
World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth
Digital Payments News

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth

Business Wire
by Business Wire0
New sophisticated use cases for consumers and businesses are driving global RTP volumes to record highs, with 195.0B RTP transactions recorded globally in 2022 — a YoY growth of 63.2% — according to the 2023 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software, in......
Parallel Markets Acquires Passbase
Compliance management News

Parallel Markets Acquires Passbase

PR Newswire
by PR Newswire0
Parallel Markets, the pioneer in reusable identity, announced that it has acquired specific assets of Passbase, a digital identity verification company. With this acquisition, Parallel enhances its capabilities and cements its role as a leading provider of portable, regulatorily compliant KYC. “Passbase has been a leader in the portable, reusable......
New Fixed Income Platform PV01 to Evolve Debt Capital Markets Using Public Blockchain
Blockchain Capital Markets Digital Asset Management News

New Fixed Income Platform PV01 to Evolve Debt Capital Markets Using Public Blockchain

PR Newswire
by PR Newswire0
Founders of renowned digital asset market maker are launching new venture focused on making bonds accessible to the broader market PV01 announces their new platform with a novel approach to digitizing the bond market. Targeting both the traditional fixed income and digital asset markets, PV01 is designed to underwrite bonds, tokenize......
Fortress Web3 Technologies and MassPay Partner to Enable Rapid, Low-Cost Global Payouts at Scale
Cryptocurrency Fintech News

Fortress Web3 Technologies and MassPay Partner to Enable Rapid, Low-Cost Global Payouts at Scale

PR Newswire
by PR Newswire0
To learn more about this partnership and the impact it’s making on companies worldwide, visit MassPay at Fintech Meetup at booth SC20 Today at Fintech Meetup in Las Vegas, Fortress Web3 Technologies and MassPay introduced a revolutionary way for companies to execute their global payout operations. A new, global payout capability......
Momnt Names Mark Satisky as Chief Financial Officer
Digital Payments Finance News

Momnt Names Mark Satisky as Chief Financial Officer

Business Wire
by Business Wire0
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, has named Mark Satisky as the Chief Financial Officer, effective immediately. Satisky is a seasoned executive with experience leading high-growth technology organizations, most recently serving as the CFO of Stord, the......
Banking Economy Markets News

SVB Financial Group, Parent Of SVB Bank, Declares Bankruptcy.

Fintech Staff Writer
by Fintech Staff Writer0
SVB Financial Group has petitioned the United States Bankruptcy Protection Court for the Southern District of New York for a court-supervised Chapter 11 reorganisation. The business looks to sell its assets. The funds and general partner companies of SVB Securities and SVB Capital were not included in the Chapter 11......
Innoveo Launches Small Commercial Insurance Accelerator Delivering Digital Capabilities for SME Markets
InsurTech News

Innoveo Launches Small Commercial Insurance Accelerator Delivering Digital Capabilities for SME Markets

PR Newswire
by PR Newswire0
Newly launched accelerator enables small commercial insurers to quickly launch personalized insurance offerings that help small businesses better manage risks and protect assets Innoveo, a leading no-code technology provider for insurance enterprises, announced the launch of its accelerator for the small commercial insurance space. The accelerator, empowering insurers to quickly......
Banking Digital Fintech News Technology

70% of European Banks And Fintechs Will Invest In Financial Technology Over The Next 18 Months Despite The Downturn

Fintech Staff Writer
by Fintech Staff Writer0
The multi-award-winning fintech PR and marketing firm CCgroup released the results of its study on “How to influence fintech buyers,” which was based on a poll of significant banks and fintechs in five European markets. According to the study, 70% of European financial institutions anticipate raising their financial technology investments......
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