As we all know, integrated finance refers to the integration of financial services into non-financial products and services, such as retail websites, mobile apps, and even physical products. In other words, it is making financial services more accessible and convenient for consumers by integrating them with the products and services they already use. Over the
SME Bank, a new banking startup providing banking and financial services specifically for SMEs, today announces the addition of SEPA Instant Transfer as well as participation in SWIFT, a network of Mass messaging used by banks and financial institutions around the world. The expanded range of services means that the SME Bank will better respond
Hightower today announced that it has made a strategic investment in Bickling Financial Services, Inc., a registered investment advisory (RIA) firm based in Lexington, Massachusetts, with approximately $625 million in assets under development. administration and three offices statewide. Founded in 1984, Bickling Financial Services, Inc. (BFS) is a family business. Company founder Dorothy Bickling, Ed.
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Denmark’s Neobank Lunar has raised 35 million euros to invest and grow the business in order to further expand in Northern Europe and accelerate the path to profitability. A bank press release said the “vast majority” of existing shareholders contributed to the increase. Lunar’s most recent fundraising was 212 million DKK (about 28 million euros)
American Express is expanding its decade-long relationship with Microsoft to develop a suite of solutions based on Microsoft’s AI and Cloud technologies, focused on reducing travel obstacles for employees and businesses. Karma. The first solution developed through this partnership will improve the cost management process by addressing some of the issues faced by business travelers
Coincover – the leading digital asset protection technology company – announced a $30 million funding round, led by the Silicon Valley Capital Fund. The new capital will accelerate recruitment, product updates, and partnerships to protect the crypto ecosystem – preventing, compensating, and protecting against crypto threats. Founded in 2018 and launched in 2019, Cardiff-based Coincover
It has been an eventful year. Fintech is far from reaching the peak of 2021, and while 2022 is largely about resetting the funding environment, 2023 will be a year of recalibration for fintech companies. The good news is that large and midsize companies are more concerned than ever about the impact on their bottom
Flutterwave, Africa’s leading payment technology company, today announced that it has obtained a Payment Provider and Payment Facilitator license in Egypt. The licenses will allow Flutterwave to act as an official payments provider in the country, collect payments on behalf of its customers, and settle payments locally and globally. These licenses will allow Flutterwave to
Canoe Intelligence (“Canoe”), the fintech company providing alternative investment intelligence to institutional investors, capital allocators, asset managers and asset services firms, today announced the close of a $25 million Series B funding round. The round was led by F-Prime Capital with participation from Eight Roads Ventures and other strategic investors. This funding will be used
Berkadia’s adoption of Rabbet’s platform is in line with its long-term commitment to investing in people and technology. With Rabbet, Berkadia FHA/HUD has doubled service capacity, improved processing time and developed information to better advise customers. “Rabbet is committed to providing the tools to service even the most complex areas of construction finance, including HUD
Lulalend, a South Africa-based digital lender catering to underserved small and medium-sized businesses (SMEs), has completed a $35 million Series B transformation funding round. (R600 million). Lulalend will use the capital to expand its business and fill South Africa’s persistent SME credit gap, estimated at more than $20 billion a year, according to the International
