Except for bankers, everyone views banks as essential evils. Simply put, these institutions are the finest we have for running entire economies and managing financial resources. But that is about to change, as we’re about to launch a brand-new monetary system that is more reliable, equitable, and most importantly, decentralized. We’re obviously referring to cryptocurrencies
Virgin Money is entering the buy now, pay later arena through the launch of a credit card that lets customers spread repayments over installments while building their credit scores. Virgin is the newest bank to enter the BNPL market, which is rapidly expanding yet divisive due to rising interest rates and the broader economic crisis.
$40 million Series B fundraising round headed by Valar Ventures, the London-based social and community-based investing app Shares is eyeing European expansion and a move into cryptocurrency. Two months after the app’s UK launch, the round, which brought Shares’ total funding to $90 million in just over a year, was announced. The startup’s software, which
Know Your Customer is an award-winning provider of digital onboarding solutions for financial institutions worldwide. We partner with regulated organizations across multiple sectors to radically simplify, improve and digitize the KYC and AML compliance process.
To boost profitability, all small firms must keep an eye on their cash flow and produce financial reports. On the other hand, it’s not always practical or wise to hire a whole accounting team. Fortunately, you can choose outsourced or online bookkeeping services to suit your needs. Finding the ideal accounting firm from the many
Global FinTech platform Airwallex announces the opening of its Shopify Airwallex Online Payments App. Merchants can incorporate the Online Payments App, a payment gateway plugin, into their online business to take payments from customers all over the world. The payment acceptance solution from Airwallex, which accepts a variety of payment ways, is used to provide
Ramp is a finance automation platform that offers a range of capabilities, including cards and expenses, bills, and accounting, to help organizations save time and money. Ramp is currently America’s fastest-growing corporate card, and Stripe Issuing powers its financial services. Ramp sought to improve the corporate card experience for organisations of all kinds, offering quick
viafintech, part of the payments platform Paysafe, announces a new partnership with Spanish food retail group, Grupo IFA. The two companies will provide consumers with easier access to cash services by enabling cash withdrawals and deposits at grocery stores across Spain. Through the partnership, viafintech’s barcode deposit and withdrawal solution, viacash, will be available across a
Accounting is the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results. It is the measurement, processing, and communication of financial and non-financial data of economic entities. The task is tiresome since it requires a great deal of hard work and concentration on the part of the person
Twitter is contemplating legal action against Tesla and SpaceX CEO Elon Musk over his decision to terminate a USD 44 billion takeover deal. As per The Hill, the microblogging site has hired a large New York-based law firm Wachtell, Lipton, Rosen & Katz LLP as it prepares to sue Musk. Twitter will file its lawsuit
YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, announced that it has raised $120m in a Series C led by Dai-ichi Life Holdings Inc, a new strategic investor in the company. The funding round, which YuLife’s existing investors supported, takes YuLife’s total funding to $206m since the
WeLab Bank, the virtual bank dedicated to curating intelligent banking experience, announced that it had become Asia’s 1st purely digital bank independent of traditional banking groups in major Asian markets to launch a digital wealth advisory solution- GoWealth Digital Wealth Advisory (GoWealth). GoWealth combines the FinTech strength of WeLab Bank with the investment expertise of Allianz Global
