Tag: FinTech 2023
Digital wallet transactions forecasted to reach $16trn by 2028
A groundbreaking study from Juniper Research, a leading authority on emerging payments, anticipates a sharp increase in digital wallet transactions, forecasting that the total...
African mobility startup Moove secures $8m from Absa for Ghana expansion
African mobility startup, Moove, renowned for providing revenue-based vehicle financing to mobility entrepreneurs and democratising vehicle ownership across Africa, has procured a funding of...
Layer-1 blockchain firm Shardeum nets $5.4m in strategic funding
Shardeum, a "highly-scalable EVM-based layer-1 blockchain deploying dynamic state sharding," has successfully closed a $5.4m strategic investment round. This funding round comes as a testament to the potential of Shardeum, even amidst a bearish market scenario.
IDEX Biometrics and Beautiful Card Corporation ramp up biometric smart card...
IDEX Biometrics, a global leader in fingerprint biometrics, has entered into a collaboration with Beautiful Card Corporation (BCC), one of the world's leading smart card manufacturers, to increase the distribution of biometric smart cards in Asia.
China finalises Ant Group’s regulatory overhaul with hefty fine
The Chinese authorities levied a hefty fine of $984m on Ant Group for breaching consumer protection and corporate governance laws, according to a report from Reuters.
FinTech giant FIS sells Worldpay to GTCR at $18.5bn valuation
FIS, a global leader in financial services technology, has made a strategic move to sell a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR.
1Kosmos BlockID debuts in NayaOne’s FinTech Marketplace
East Brunswick-based company, 1Kosmos, an innovator in unifying identity proofing and passwordless authentication, today announces the launch of its distributed identity cloud service, BlockID, on NayaOne, a principal FinTech ecosystem platform serving financial service providers.
Moneyhub and MX in strategic alliance to enhance global Open Finance...
Moneyhub, the highly regarded data and payments platform pioneering Open Banking and Open Finance, has unveiled a strategic alliance with North America's Open Finance heavyweight, MX Technologies, Inc.
Neo-lender Silvr lands €200m securitised facility deal
Silvr, an innovative neo-lender focused on serving small and medium-sized enterprises (SMEs), has achieved significant strides in the past few years since its inception in 2020.
Clair, scoops $175m for a novel, on-demand payment solution
Clair, the innovative FinTech firm dedicated to transforming financial services for workers, has successfully secured a substantial $175m in its latest funding round.