Open APIs and fintech innovation could intersect when open banking first spread over the Asia Pacific and the rest of the world. As a result, the usage of APIs to integrate financial services into non-financial platforms quickly expanded, giving rise to embedded finance as it is known today—a crucial component of contemporary digital services. Nevertheless,
Wayflyer, the revenue-based financing and growth platform for e-commerce businesses, has secured a $200 million (plus a $53 million mezzanine) debt financing facility from Credit Suisse. The extra financing facility will be used by Wayflyer to support other origination, allowing it to quickly give capital to e-commerce companies and assist them to spur growth, enhancing cash flow,
Leading crypto exchange KuCoin has announced that it has listed ThunderCore’s token (TT), the native cryptocurrency that powers the ThunderCore network – a high-performance layer-1 chain and burgeoning Web3 ecosystem. Since launching in 2017, KuCoin has made inroads into over 200 countries, with over 600 coins available to buy, sell, and trade. The exchange attracts a large cross-section of
valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle enabling FinTech platform, PayTabs Egypt, the payment processing solution, and notchnco, an independent software vendor (ISV) for meta products, have announced a collaboration that will allow valU’s clients to enjoy a unique WhatsApp shopping experience. For the first time in Egypt, through an automated workflow developed by notchnco, valU
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Rabobank Australia and New Zealand (RANZ) has selected the nCino Bank Operating System, leveraging nCino’s Automated Spreading solution, powered by nCino IQ. This partnership will benefit the bank’s Australian and New Zealand employees and customers, representing a multi-currency,
Solid, the leading fintech-as-a-service platform that offers a modern infrastructure for any company to launch and scale fintech products, today announced its $63 million Series B funding round. Led by FTV Capital, a sector-focused growth equity firm with nearly 25 years of experience investing in financial technology, the funding will accelerate Solid’s expansion into fintech-ready
Bybit, the third largest crypto derivatives exchange in the world by volume, has partnered with Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC) to help accelerate the growth of Bybit as a gateway for retail and institutional USDC-settled products. Bybit wants to be a one-stop
Join Ben and Bill with our special guest, Sky, in this month’s edition of AskBybit Backstage With Ben! Get upfront and personal with our hosts as they keep you updated on product updates, improvements and highlights!
CellPoint Digital, the global leader in payment orchestration, today announces it has teamed up with Cybersource, a Visa solution and a recognized worldwide leader in payments management, to provide merchants with a holistic solution for fraud management capable of aggregating transaction data across multiple acquirers. CellPoint Digital now provides merchants with best-in-class fraud management via Cybersource
Pan-African embedded finance Fintech Pezesha has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Banking Capital Partners II (WWBCP II), will see the company significantly scale operations in its core markets and grow into new
To meet the needs of U.S. consumers who are normally shut out of affordable credit products, payments fintech Highline Technologies and employment data platform Argyle have partnered to bring payroll-linked lending and bill pay capabilities to lenders nationwide. Payroll-linked lending involves taking money out of a borrower’s paycheck on a regular basis to repay consumer debts. Consumers gain
The safest mutual funds are those that trade overnight. Overnight funds are ideal if you are new to mutual funds and want to test them out before investing heavily. An open-ended debt strategy called Overnight Funds makes investments in debt instruments that mature the next day. This means that as the portfolio’s assets mature each
