Featured News – The Fintech

DIGITAL ASSETS INFRASTRUCTURE FIRM COPPER.CO SELECTS FENERGO TO STREAMLINE KYC AND CLIENT LIFECYCLE MANAGEMENT

Fenergo, the leading provider of Know-Your-Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions, today announces that Copper.co, a leading provider of custody, trading and settlement services for digital assets, will deploy its SaaS-based CLM and anti-money laundering (AML) solution to onboard increasingly complex client ownership structures. Copper needed a CLM and AML

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STASH UNVEILS STASH CORE ALONGSIDE MAMBU

Stash, the investing and banking app with more than 2 million customers and nearly $3 billion in assets under management, announced today that it successfully built and launched Stash Core, its new, proprietary infrastructure platform that underpins the service for Americans who bank like investors. Stash Core is a world-class system that unlocks innovations in banking and,

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VONAGE PARTNERS WITH FINANCIAL SERVICES PROVIDER MOLLIE

Mollie, one of the fastest growing financial services providers in Europe, announced it has been selected by Vonage, a global cloud communications leader, as a strategic payment provider for Vonage’s Jumper.ai product across Europe. Vonage’s end-to-end conversational commerce solution is called Jumper.ai. It lets businesses of all sizes develop consumer purchasing experiences that are messaging-first

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HSBC BRINGS FIRST BLOCKCHAIN TRANSACTION FOR MIDDLE EAST AUTOMOTIVE’S INDUSTRY

The international bank, HSBC has conducted the first Blockchain transaction for the Middle East Automotive Industry. The transaction was facilitated by the Blockchain platform, Contour, between the Chinese carmaker SAIC Motor and Taajeer Group, the authorized dealer of MG cars in Saudi Arabia. “The firm’s digitizing at scale implies making customers’ lives easier. With Contour,

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GOLDMAN SACHS CUTS 2023 U.S. GDP FORECASTS

Goldman Sachs cut its forecast for 2023 U.S. Gross Domestic Product as it projects a more aggressive Federal Reserve tightening policy through the rest of this year, and sees that pushing the jobless rate higher than it previously projected. Goldman Sachs had earlier posted a forecast of 1.5% growth in GDP of the United States.

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ICAPITAL ANNOUNCES PARTNERSHIP WITH TIKEHAU CAPITAL

Tikehau Capital, the global alternative asset manager, and iCapital, a global FinTech platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced a partnership to increase wealth managers’ access to Tikehau Capital’s private market investing opportunities. In order to provide wealth managers and their high-net-worth clients in the EMEA region with

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ZIP, FIRST AUSTRALIAN BNPL COMPANY TO BE ADDED TO PPRO’S DIGITAL PAYMENTS INFRASTRUCTURE

Zip, which includes Zip Pay and Zip Money, becomes the first Australian BNPL method to be added to PPRO’s digital payments infrastructure and sits alongside other Australian local payment methods. PPRO merchants will soon have the ability to integrate buy now, pay later services from Australian provider Zip at the point of checkout. With the new

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PAYHAWK OPENS NEW YORK OFFICE AND LAUNCHES US CREDIT CARD

Payhawk, the spend management solution with a presence across the UK and Europe, has officially launched in the US. The unicorn has opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and the US. The US launch is a key part of Payhawk’s

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NORTHZONE RAISED €1B: INVESTING FROM SEED TO GROWTH IN CATEGORY-DEFINING ENTREPRENEURS

London-headquartered Northzone has announced that its newest fund has raised in excess of €1 billion. Not only is this the firm’s largest raise to date, but one of the biggest venture capital refuelings across the European ecosystem. While the VC arms race of 2021 might be a once-in-a-lifetime occurrence, Northzone is still forging ahead, this time

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MARQETA TEAMS UP WITH BREAD FINANCIAL

Marqeta, the global modern card issuing platform, today announced that it has been chosen by Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, to enhance the in-store checkout experience for shoppers using Bread Pay, its flexible suite of Buy Now, Pay Later products. Using Marqeta’s platform, Bread Financial

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FREETRADE LAUNCHES EIGHTH CROWDFUNDING CAMPAIGN

The day after it emerged that a funding round for Freetrade fell apart earlier this year, the UK stock trading app has gone back to the public with another crowdfunding campaign. According to a letter obtained by the Financial Times, Freetrade inked term sheets with new investors some months ago to raise capital at a £700 million

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21.CO RAISES $25 MILLION, BECOMING SWITZERLAND’S LARGEST CRYPTO UNICORN

21.co, the world’s leader in providing access to crypto through simple and easy-to-use products, today announced a $25 million round led by Marshall Wace. This round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn. With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and

VONAGE PARTNERS WITH FINANCIAL SERVICES PROVIDER MOLLIE

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