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B2B Finance Markets News

Solaris Struggling to Raise Funds

Fintech Staff Writer
Having trouble raising new money Solaris, a German banking-as-a-service (BaaS) fintech, is apparently having trouble raising new money, calling into question its ability to fulfill on a significant credit card contract, as reported by the Financial Times. The Munich-based Automobile Club ADAC (ADAC) awarded Solaris a 10-year contract to help......
Lloyds Bank takes on business spend management with Visa Commercia
B2B Finance News

Lloyds Bank Collaborates Visa Commercial Pay For Spend Management

Fintech Staff Writer
First in the UK to deliver Visa Commercial Pay Lloyds Bank is making strides in the business spending management sector by introducing Visa virtual cards. Business administrators and managers are able to keep a tight eye on employee spending with the help of Visa Commercial Pay cards, which may be......
B2B Fintech News

Visa Has Recently Established A New Operational Center In Egypt

Fintech Staff Writer
Visa has increased its local presence Visa, the undisputed leader in electronic payments worldwide, has opened a branch in Cairo. As part of its ongoing efforts to propel the digitization of the payments sector, Visa has increased its local presence in Egypt to better serve its financial institution and merchant......
B2B Fintech Startups News

ABCM™ Platform Customized For Startups By Fintech Startup Okoora

Fintech Staff Writer
Okoora’s AI-powered platform Okoora, a Swiss-Israeli fintech business, has customized the ABCM™ platform to meet the special needs of startups for managing global payments, banking, and risks. Okoora’s ABCM™ platform, powered by AI, offers operational tools, currency risk management, and access to a vast bank and transaction room network. Since......
EJF Capital Raises Approximately $104 Million for EJF Ventures Fund
Fintech News

EJF Capital Raises Approximately $104 Million for EJF Ventures Fund

Business Wire
EJF Capital LLC (“EJF”), a global alternative asset management firm, announced the successful closing of EJF Ventures Fund LP (“EJF Ventures” or the “Fund”) with approximately $104 million in capital commitments. The Fund received support from both new and existing EJF investors. Latest Fintech Interview : Global Fintech Interview with......
Global Blue Introduces Financial Guidance and Long-term Targets
Fintech News

Global Blue Introduces Financial Guidance and Long-term Targets

Business Wire
Market leadership and technology differentiation drives robust revenue growth, profit margins, and cash flow Adjusted EBITDA guidance for the fiscal year ending March 2024 (FY23/24) of €145-165m (85-115% YoY growth), building on strong proof points during the first months of FY23/24 on the back of travel recovery and technology initiatives.......
Great Learning Partners With dLocal Enabling Local Payment Methods and Installments in Mexico, Brazil, and Colombia
Digital Payments News

Great Learning Partners With dLocal Enabling Local Payment Methods and Installments in Mexico, Brazil, and Colombia

Business Wire
Great Learning to boost accessible higher education in Latin America by supporting local alternative payment options through dLocal Great Learning, a leading global edtech company for higher education and professional training, and dLocal, a technology-first payments platform enabling global enterprises to connect with billions of consumers in emerging markets, announced......
Core10 Selected as a Preferred Service Provider for the Community Bankers Association of Illinois
Fintech News

Core10 Selected as a Preferred Service Provider for the Community Bankers Association of Illinois

Business Wire
Fintech platform provider expands reach among Illinois community banks to deliver digital account opening and digital lending capabilities Core10,  a U.S.-based financial technology company that provides lending and account opening products, as well as software development services is now a Preferred Service Provider (PSP) for the Community BancService Corporation (CBSC).......
US Bank Unveils Connected Partnership Network
Banking News

US Bank Unveils Connected Partnership Network

Business Wire
New Partnership Network streamlines connection to payment and treasury management services U.S. Bank unveiled an online marketplace of third-party payment and treasury solutions that are fully integrated with U.S. Bank systems. The U.S. Bank Connected Partnership Network helps corporate treasury teams easily identify and adopt technology connected with the bank, such......
Your Money Further Users Gain Access to a Marketplace of Trusted Credit Unions, Powered by Union Credit
Fintech News

Your Money Further Users Gain Access to a Marketplace of Trusted Credit Unions, Powered by Union Credit

Business Wire
Financial resource network embeds firm and competitive financing options from local credit unions Union Credit, the first and only marketplace for credit unions to make firm, one-click credit offers at the point of purchase, announced their collaboration with Your Money Further, a leading financial resource network owned by CU Awareness,......
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