Indonesian FinTech pioneer Finfra attracts $1m investment round
Finfra, a platform for businesses seeking to launch white-labelled lending services in Indonesia, has disclosed a successful funding round.
EQ Bank partners with TransferWise to boost its international money transfer offerings
Canadian challenger bank Equitable Bank has integrated TranferWise’s APIs into its digital platform.
Deutsche Bank Wealth Management to implement Finantix’s KYC solution
Deutsche Bank Wealth Management has selected software builder Finantix to help enhance its client onboarding and KYC processes.
FundPark secures $500m in asset-backed facility from Goldman Sachs
FundPark, a trailblazing FinTech company specialising in empowering digital entrepreneurs, has successfully closed an impressive asset-backed securitisation facility amounting to $500m.
FinTech startup Point snares $46.5m in Peter Thiel-backed Series B
Reward-based debit card startup Point has closed a $46.5m Series B funding round that was led by the Peter Thiel-owned Valar Ventures.
Acorns rakes in $300m after scrapping SPAC
Online investing platform Acorns has raised $300m in Series F funding, propelling it to a $1.9bn valuation.
Mentum scores $4.2m for its LatAm investing APIs
Mentum, which stylises itself as the investment API for Latin America, has raised $4.2m in seed funding led by Gradient Ventures.
Visa taps US security operations provider Expel for MDR capabilities
Global payments provider Visa has partnered with Expel to bolster their clients' protection against cyber security threats.
Why wealth managers need to focus on the young investor
Wealth managers typically focus on older people, as that is where the money is. However, young investors hold the wealth of tomorrow and capturing them early will stop them going elsewhere.
IBM and Bank of China strengthen their partnership to create a new FinTech global...
Bank of China and IBM Garage are launching China’s first global innovation lab, promising to make it a new and innovative model.