Search Results for: digital economy

Universal Shopping App nate Raises $38 Million to Expand Its Online Payment Solutions
Digital Payments E-commerce Fintech News

Universal Shopping App nate Raises $38 Million to Expand Its Online Payment Solutions

Fintech News Desk
by Fintech News Desk0
Universal and streamlined shopping app nate raised $38M in a Series A round of funding led by Renegade Partners, with participation from Forerunner Ventures and existing investors Canaan Partners and Coatue. nate’s Series A comes a year after the fintech raised a Series Seed round, bringing the total equity raised to date to $51M.......
Clearco Accelerates International Expansion and Announces Key Hire of Ruma Bose as Chief Growth Officer
Business E-commerce News

Clearco Accelerates International Expansion and Announces Key Hire of Ruma Bose as Chief Growth Officer

Fintech News Desk
by Fintech News Desk0
Pay-As-You-Grow Pioneer Also Adds UK Country Head Company Expanding Further Into Europe and Key Asian Markets  Clearco, the world’s largest e-commerce investor and the company revolutionizing the way founders grow their businesses, announced ambitious international expansion plans supported by two key executive hires. After launching in the UK last October......
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Banking Fintech News

Major Tech Regulations Hit China and US: Could European Fintech Be Next?

Fintech News Desk
by Fintech News Desk0
Following the rapid boom of the fintech sector, more robust regulation emerged in China and the United States. Marius Galdikas, CEO at ConnectPay, has shared his insights, if tighter oversight could soon fall upon the European market as well Over the past year, the fintech sector raised a whooping $105 billion of......
Paul J. Bailo, President of OrangeShine, Discusses the Role of B2B Marketplaces in Driving Global E-Commerce Growth
B2B E-commerce News

Paul J. Bailo, President of OrangeShine, Discusses the Role of B2B Marketplaces in Driving Global E-Commerce Growth

Fintech News Desk
by Fintech News Desk0
The consumer shift to online shopping has been a fact of commerce for nearly a decade now: e-commerce sales rose from $1.3 trillion in 2014 to just under $4.3 trillion in 2020, with a forecast close to $6.4 trillion in 2024. Despite the ongoing digitization in the enterprise world, B2B (business-to-business) transactions have been slower in transitioning......
Lufax Retail Credit Platform Ping An Puhui Launches AI-Powered Smart Loan Solution
Artificial Intelligence Fintech News

Lufax Retail Credit Platform Ping An Puhui Launches AI-Powered Smart Loan Solution

Fintech News Desk
by Fintech News Desk0
“Xingyun” to Streamline Loan Applications for Small and Micro Enterprises Lufax Holding Ltd, a leading technology-empowered personal financial services platform in China, announced that its retail credit facilitation platform subsidiary, Ping An Puhui (“Puhui”), has launched a smart loan solution powered by artificial intelligence (AI). Named “Xingyun”, it leverages AI......
Atradius: 50% of all Asia B2B Credit Sales are Overdue
B2B News

Atradius: 50% of all Asia B2B Credit Sales are Overdue

Fintech News Desk
by Fintech News Desk0
Atradius Payment Practices Barometer survey shows scale of business stress as experts warn there may be worse to come According to the latest edition of the Atradius Payment Practices Barometer for Asia, 50% of all B2B credit sales in the region are overdue. Many businesses polled in the region are feeling......
Credijusto Becomes the First Mexican Fintech to Acquire a Bank
Banking Digital Fintech News

Credijusto Becomes the First Mexican Fintech to Acquire a Bank

Fintech News Desk
by Fintech News Desk0
Acquisition Positions the Platform as One of the Largest Fintechs in the LatAm Region Credijusto, the leading technology-enabled lending platform in Mexico, announced the acquisition of Banco Finterra, a Mexico City-based bank that specializes in financing solutions for small businesses and the agriculture sector. Credijusto is the first Mexican fintech......
DailyPay, PNC Bank and The Clearing House Team up to Provide Real-time Access to Earned Pay for Millions of American Workers
Commerce Digital Digital Payments News

DailyPay, PNC Bank and The Clearing House Team up to Provide Real-time Access to Earned Pay for Millions of American Workers

Fintech News Desk
by Fintech News Desk0
Alternative to Payday Loans Supports Financial Inclusion and Stability as America Reopens DailyPay, the leader in on-demand pay, has teamed up with PNC Bank and The Clearing House to offer real-time payments over the RTP® network, creating the ability to fulfill employee payment needs 24/7/365 with unmatched speed and accuracy. “We......
Daily FTS Roundup: The 5 Coolest Things on Earth Today
Banking Digital Payments Fintech News

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

Fintech News Desk
by Fintech News Desk0
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......
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Finance Fintech News Risk Management

Building Morocco’s Resilience to Natural and Climate-Related Disasters: World Bank Additional Financing to Protect Against Risks

Fintech News Desk
by Fintech News Desk0
Over the past decade, Morocco has improved its institutional, policy, and investment framework for disaster risk management The World Bank approved US$100 million in additional financing to help Morocco strengthen its ability to withstand the impact of natural disasters. The extra financing will be used to scale up an existing......
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