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Financial Inclusion through Innovative Payment Systems
Finance Fintech Investments News

M2P Fintech raises Rs. 850 Crores in Series D Financing

Fintech Staff Writer
by Fintech Staff Writer0
M2P Fintech, Asia’s largest Banking infrastructure company, announced today the first close of its Series D financing, raising Rs. 850 crores through a mix of primary and secondary share capital. The financing was led by Helios Investment Partners and places the company’s valuation at over Rs. 6,550 crores. The funds will......
Vitutrading.com: Pioneering AI-Driven Proprietary Trading Solutions
Artificial Intelligence Finance Fintech News Trading

Vitutrading.com: Pioneering AI-Driven Proprietary Trading Solutions

PR Newswire
by PR Newswire0
In the dynamic landscape of financial markets, Vitutrading.com is at the forefront of innovation as an AI-driven proprietary trading company. Dedicated to leveraging cutting-edge technology, Vitutrading.com provides sophisticated trading strategies and insights that empower investors to navigate complex market environments with confidence. In the dynamic landscape of financial markets, Vitutrading.com......
Abra Partners with Praxis, Announces Platform to Enable Tokenization and DeFi for Network States
DeFi Fintech News

Abra Partners with Praxis, Announces Platform to Enable Tokenization and DeFi for Network States

Business Wire
by Business Wire0
Abra, a global platform for digital asset services, announced it has partnered with Praxis, the first network state, to collaborate on real world asset tokenization, as well as DeFi services to network states, including those created on the Praxis platform. This partnership marks the launch of Abra’s new Digital Asset......
Artificial Intelligence Featured Finance Fintech Investments Machine Learning

Fintech Myths around AI and How AI Is Used To Predict Market Movements

Rishika Patel
by Rishika Patel0
According to Forbes, business investments in AI are projected to reach nearly $200 billion globally by 2025, and by 2030, AI could contribute an astounding $15.7 trillion to the global economy. In the financial sector alone, AI spending is expected to more than double, reaching $97 billion by 2027. One......
Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas
Fintech News Security

Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas

GlobeNewswire
by GlobeNewswire0
Executive growth reinforces expansion of Darwinium’s leading-edge cyberfraud prevention platform across American and global markets Darwinium, a leader in next-generation digital security and fraud prevention, announces the appointment of Peng Leong as Chief Financial Officer and Paul Cloutier as Vice President of Sales, Americas. These strategic additions to Darwinum’s leadership......
Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya
Digital Payments Fintech News

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

Business Wire
by Business Wire0
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. “This collaboration with Mastercard unlocks new opportunities for M-PESA merchants, aligning with our mission......
NAGA Breaks New Ground: Unveils First-Ever Trading App Integrated into Telegram Messenger
Finance Fintech News Technology

NAGA Breaks New Ground: Unveils First-Ever Trading App Integrated into Telegram Messenger

PR Newswire
by PR Newswire0
In a bold move that could redefine how retail investors engage with financial markets, NAGA has launched the world’s first fully integrated trading app within Telegram, tapping into the messaging platform’s 950 million-strong user base. This pioneering step positions NAGA as the first to offer seamless access to financial markets......
Intuit, Square Engineering Veteran Joins PayJoy as Chief Technology Officer
Banking Lending News

Intuit, Square Engineering Veteran Joins PayJoy as Chief Technology Officer

Cision PRWeb
by Cision PRWeb0
A Proven Leader with Lending and Banking Expertise Tapped to Drive PayJoy’s Technology Team and Product Expansion PayJoy, the top financial service provider to the underserved in emerging markets, announced Bharath Ramarathinam as the company’s new Chief Technology Officer. In his role, Ramarathinam will lead further technology and product expansion. “I’m......
Borderless Capital Announces $100M DePIN Fund to Power the Future of Distributed Infrastructure
Finance Fintech News

Borderless Capital Announces $100M DePIN Fund to Power the Future of Distributed Infrastructure

Business Wire
by Business Wire0
“Backed by peaq, Solana Foundation, Jump_, IoTeX, and others, the fund is led by former Telefónica executive Álvaro Gracia and Helium co-founder Sean Carey.” Borderless Capital, a leading Web3 investment manager, today announced the launch of its third DePIN-focused fund, a $100 million fund dedicated to accelerating the growth and......
Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand
Fintech Investment Services News

Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand

Business Wire
by Business Wire0
Second AAA-Rated Asset Backed Securitization of 2024, with $4.4bn raised across all transactions in 2024 Pagaya remains the #1 ABS issuer of personal loans in the U.S. Pagaya Technologies LTD. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the closing of PAID 2024-9. A total......
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