Tag : fintechs

JAM FINTOP Blockchain Investment Fund Announces Initial Closing
Blockchain News

JAM FINTOP Blockchain Investment Fund Announces Initial Closing

Fintech News Desk
by Fintech News Desk0
JAM FINTOP Network Now Represents 79 Banks with $1 Trillion of Combined Assets JAM Special Opportunity Ventures (JSOV), an affiliate of Jacobs Asset Management (JAM), and FINTOP Capital announced the first closing of JAM FINTOP Blockchain (the Fund) at approximately $110 million. The Fund also has additional commitments that scale......
Unifimoney Announces Integration with Q2's Digital Banking Platform
Finance News

Unifimoney Announces Integration with Q2’s Digital Banking Platform to Offer Digital Wealth Management Solutions

Fintech News Desk
by Fintech News Desk0
Financial institutions can now access Unifimoney’s digital wealth management services via Q2 Innovation Studio Unifimoney, a turnkey digital wealth management platform, announced its availability within the Q2 Innovation Studio, making its trading platform pre-enabled to 450+ financial institutions (FIs) on the Q2 digital banking platform. As banks and credit unions......
Small Business Credit Cards: It’s About More than Just Rewards
Fintech News

Small Business Credit Cards: It’s About More than Just Rewards

Fintech News Desk
by Fintech News Desk0
New research from Mercator Advisory Group examines the current market for small business credit cards and highlights opportunities for issuers Mercator Advisory Group released a report covering the credit cards issued for small businesses titled Small Business Credit Cards: Growth Opportunities in a Post-COVID World. The research explains current markets, reviews......
In Record Time, QI Tech Announces Its First Acquisition After GIC Investment
Banking Fintech News

In Record Time, QI Tech Announces Its First Acquisition After GIC Investment

Fintech News Desk
by Fintech News Desk0
With the purchase of Zaig, the company now offers onboarding, KYC and antifraud solutions QI Tech, a technology company with banking license and the first Direct Credit Company approved by the Central Bank of Brazil, announces its first acquisition, in record time, after the $50m investment round by Singapore’s Sovereign Wealth Fund (GIC). The......
Visa Completes Acquisition of Currencycloud
Digital Payments Fintech News

Visa Completes Acquisition of Currencycloud

Fintech News Desk
by Fintech News Desk0
Visa announced it has completed the acquisition of Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition will empower Visa and Currencycloud clients and partners to provide greater transparency, flexibility and control for consumers and businesses when making international......
MODIFI Announces 145M USD to Power International SME Trade Among Supply Chain Turmoil
Banking News

MODIFI Announces 145M USD to Power International SME Trade Among Supply Chain Turmoil

Fintech News Desk
by Fintech News Desk0
Global fintech MODIFI announced 145M USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform. COVID-19 has negatively impacted SME exporters and importers, with the......
Visa Study Finds Digital Payments Are the Preferred Way in the US to Send Money Abroad
Digital Payments News

Visa Study Finds Digital Payments Are the Preferred Way in the US to Send Money Abroad

Fintech News Desk
by Fintech News Desk0
Nearly one-quarter of surveyed U.S. adults have sent money to family and friends internationally Consumers are increasingly turning to digital payments to send money to family and friends around the world to help out financially or celebrate special occasions, according to a new Visa survey. Almost a quarter (23%) of......
Fiserv Research Shows Digital Wallet Use Surging, Fintechs Key to Consumer Financial Experience
Digital Wallet News

Fiserv Research Shows Digital Wallet Use Surging, Fintechs Key to Consumer Financial Experience

Fintech News Desk
by Fintech News Desk0
Nearly seven in 10 consumers used a digital wallet in the past 12 months With consumers leveraging digital tools more than ever, fintechs have become integral to the consumer financial experience according to the latest Expectations & Experiences consumer trends survey from Fiserv, Inc., a leading global provider of financial services......
Credem Group Invests In Artificial Intelligence Through A Silicon Valley Startup Incubator
Fintech News

Credem Group Invests In Artificial Intelligence Through A Silicon Valley Startup Incubator

Fintech News Desk
by Fintech News Desk0
– Euromobiliare Asset Management SGR has closed the first deal of the “Corporate Venture Capital” initiative launched by Credem Group; – the deal involves an investment and an industrial partnership agreement with a U.S. fintech startup Noonum; – the main goal for Credem Group is to acquire skills in the......
Raisin Bank Teams up With ComplyAdvantage to Scale Its Anti-money Laundering Program
Banking Fintech News

Raisin Bank Teams Up With ComplyAdvantage to Scale Its Anti-Money Laundering Program

Fintech News Desk
by Fintech News Desk0
Raisin DS’s servicing bank, Raisin Bank AG, is teaming up with ComplyAdvantage, the leader in AI-driven financial crime risk detection, to scale its anti-money laundering (AML) program. On the heels of launching as a cloud bank, Raisin Bank needed a provider that could keep pace with fast growth. The scalable......
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