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Open API Issuer-Processor QRails Raises $8M in Series A Funding
Banking Business Fintech Fintech Radar Fintech Startups News

Open API Issuer-Processor QRails Raises $8M in Series A Funding

Abhishek Upadhyay
by Abhishek Upadhyay0
QRails recently announced the closing of a $8 million Series A funding round led by EFM Asset Management. QRails is a cloud-based, open API issuer-processor that facilitates inventive payment solutions globally. This brings the total funds raised by QRails to date to an estimated $18 million. Read More: HPS Introduces QR-Based......
Citi Announces New Impact Fund Investments in Seven Companies
Banking News

Citi Announces Changes to Its Foreign Exchange Vendor Platform Requirements

Fintech News Desk
by Fintech News Desk0
All foreign exchange platform vendors are required to sign the FX Global Code to achieve ‘priority’ status Citi announced a new set of requirements for its FX vendor platforms. Citi’s foreign exchange business is requiring foreign exchange platform vendors it connects through to commit to the principles of best practice......
Fintech Terrapay Raises $9.6 Million From Prime Ventures, IFC, and Partech
Fintech Funding Investment Services News

Fintech Terrapay Raises $9.6 Million From Prime Ventures, IFC, and Partech

Fintech News Desk
by Fintech News Desk0
TerraPay announced that a consortium of investors, including Prime Ventures, Partech Africa and management acquired the company for an undisclosed sum. In addition, the same investors, joined by IFC, invested $9.6 million in TerraPay to fund the company’s expansion. TerraPay, a company incubated by Comviva, the India-headquartered mobile solutions provider,......
HPS Introduces QR-Based National Payment System
Business News

HPS Introduces QR-Based National Payment System

Fintech News Desk
by Fintech News Desk0
As part of its joint partnership with Saudi Payments To enhance the electronic payment throughout Saudi Arabia and reduce the dependence on cash, High-tech Payment Systems (HPS) has been appointed by Saudi Payments, a fully owned subsidiary of Saudi Arabia Monetary Authority (SAMA), to provide a unified QR code platform to......
CFI Announces Appointment of Chief Operating Officer
Fintech News

CFI Announces Appointment of Chief Operating Officer

Fintech News Desk
by Fintech News Desk0
Charles Brown to assume role, support future growth opportunities for healthcare fintech leader Comprehensive Finance, Inc. (CFI), a fast-growing financial technology company offering payment solutions for healthcare providers, announced Charles Brown has been promoted to Chief Operating Officer. A unanimous decision by CFI’s board, the promotion acknowledges Brown’s unwavering dedication......
Global Fintech Launches InvestCloud White to Deliver End-to-End Digital for RIAs, TAMPs
Fintech News

Global Fintech Launches InvestCloud White to Deliver End-to-End Digital for RIAs, TAMPs

Fintech News Desk
by Fintech News Desk0
InvestCloud White Allows RIAs to Run Entire Business Via One Platform and TAMPs to Support Dozens of Others At its 2020 Conference, InvestCloud announced the launch of InvestCloud White, a digital platform for wealth management and turnkey asset management programs (TAMPs). InvestCloud White is a complete solution for the wealth management space,......
Holt Accelerator - Seeking the World's Best Early Stage Fintechs to Join Cohort 3.0
Investment Services

Holt Accelerator – Seeking the World’s Best Early Stage Fintechs to Join Cohort 3.0

Fintech News Desk
by Fintech News Desk0
Holt Fintech Accelerator is currently receiving applications for their 2020 cohort – version 3.0. This will be the third cohort following active investments in 18 top fintechs, enabling 30+ deals for their startups (ie. half with financial institutions as customers / partners, half with institutional investors), resulting in companies raising an......
Virgin Money Australia Selected Temenos SaaS to Power the Digital Bank of the Future
Banking News

Virgin Money Australia Selected Temenos SaaS to Power the Digital Bank of the Future

Fintech News Desk
by Fintech News Desk0
Temenos banking software – delivered as SaaS built on modern cloud-native, cloud-agnostic and API-first technology – has been selected by Virgin Money Australia, a division of Bank of Queensland (BOQ), to simplify its digital business model and drive operational efficiencies Temenos, the banking software company, announced that it had been......
Afterpay Selects Marqeta as its US Issuing Partner
News Trading

Afterpay Selects Marqeta as Its US Issuing Partner

Mohit Manoharan
by Mohit Manoharan0
Marqeta’s scalable, modern platform to support AfterPay’s rapid growth Marqeta announced that it has been selected to partner with Afterpay, the leader in “Buy Now, Pay Later” payments, to help accelerate its growth in the U.S. market and support new innovative product offerings for its customers. Afterpay has transformed the......
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