Baird Capital invests in fast-growing FinTech firm Freemarket

Baird Capital invests in fast-growing FinTech firm Freemarket

Freemarket, a leading FinTech platform specialising in regulated B2B cross-border payments and currency exchange, has announced a growth capital investment from Baird Capital’s Global Private Equity Fund.
Checkout.com steps up in UAE: new acquiring licence to revolutionise digital payments

Checkout.com steps up in UAE: new acquiring licence to revolutionise digital payments

Checkout.com, a key player in the global payments landscape, can now add another feather to its cap as it becomes the first global payments platform to receive a Retail Payment Services licence from the UAE Central Bank.
hokodo-and-mangopay-synergise-for-superior-b2b-platform-payment-solutions

Hokodo and Mangopay synergise for superior B2B platform payment solutions

Hokodo, Europe's leading provider of digital trade credit, and Mangopay, a specialist in platform-specific payment infrastructure, have today announced a strategic partnership.
Fifth Third Bancorp to bolster FinTech portfolio with acquisition of Rize Money

Fifth Third Bancorp to bolster FinTech portfolio with acquisition of Rize Money

Fifth Third Bancorp, a US-based financial services company, has announced its acquisition of Rize Money, a Virginia-headquartered embedded payments platform.
Vonage and Meta redefine payment solutions through WhatsApp in Singapore

Vonage and Meta redefine payment solutions through WhatsApp in Singapore

Vonage, a global front-runner in cloud communications aiding businesses to fast-track their digital transformation, has joined forces with Meta, the parent company of WhatsApp. Together they aim to introduce payments through the messaging platform in Singapore.
Glovo Ukraine Startup Lab boosts FinTech, grants €35,000 to top three startups

Glovo Ukraine Startup Lab boosts FinTech, grants €35,000 to top three startups

Glovo, the Barcelona-founded global technology platform, recently hosted the Glovo Ukraine Startup Lab competition in partnership with the Ukrainian Startup Fund.
eCommerce transactions are slated to reach a staggering $8trn by 2027

eCommerce transactions are slated to reach a staggering $8trn by 2027

Juniper Research, a leading authority in payment studies, has projected a rapid expansion of the eCommerce market, expecting it to reach an astounding $8trn by 2027.
Ripple diversifies into crypto custody with $250m Metaco acquisition

Ripple diversifies into crypto custody with $250m Metaco acquisition

In a landmark deal, Ripple, the titan in enterprise blockchain and crypto solutions, has acquired Metaco, a Swiss-based firm known for its robust digital asset custody and tokenisation technology.
Paytronix and Square join forces to refine restaurant engagement

Paytronix and Square join forces to refine restaurant engagement

Paytronix, the pioneer in guest engagement for restaurants and convenience stores, has recently disclosed its integration with Square, a company renowned for making commerce and financial services effortlessly accessible.
Cardless locks in $75m in funding from i80 Group

Cardless locks in $75m in funding from i80 Group

San Francisco-based FinTech firm, Cardless, Inc., a pioneer in the creation of custom co-branded credit card products, has announced securing a substantial credit facility.

News Stories

sompo-expands-global-presence-candian-branch

Sompo International expands global presence with new Canadian branch

Sompo International, recognised globally as a leader in commercial and consumer property and casualty (re)insurance, recently announced its first foray into Canada with the inauguration of a new office in Toronto.
Weekly FinTech funding falters after strong week

Weekly FinTech funding falters after strong week

Total funding took a nose dive from last week. A total of $580m was raised across 33 FinTech funding rounds this week, compared to the $1.8bn raised the previous week.  
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 
regulator

Regulatory oversight in the crypto realm: A deep dive into communication practices

As crypto firms face a challenges, regulators have launched investigations into companies' GRC arrangements.
Klarna's path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna’s path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.

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