CapWay, Inc., a financial technology startup based in Atlanta, has announced the launch of its neobank, the core service in its financial system of inclusive products and services. With a CapWay Money Account and CapWay Visa (virtual and physical) debit card, benefits include the ability to make online transactions, send and receive money, and round-up
Lendable Inc. (“Lendable” or the “Firm”), a leading emerging market fintech credit provider, is targeting a ground-breaking $100 million closed-ended fund focused on emerging and frontier market fintech investments. The Lendable MSME Fintech Credit Fund (the “Fund”) is designed to unlock access to financial services for over 150,000 Micro, Small and Medium Enterprises (MSMEs), providing
Innovation in the financial services sector is thriving and a new trend is fast approaching. It has less to do with core banking technologies and much more to do with integrating tech services. This is the rise of banking marketplaces: one of the latest and most prominent innovations in banking. Read More
FinVolution Group (“FinVolution,” or the “Company”) (NYSE: FINV), a leading fintech platform in China, today announced that its Indonesian financial application, AdaKami, signed a strategic cooperation agreement with PT Bank Jago. Bank Jago is a tech-based bank providing life-centric finance application which makes money management simple, collaborative and innovative. The partnership aims to strengthen collaboration
Allocations, the world’s fastest and most powerful private equity and venture capital platform, announced today the acquisition of Salt Lake City-based Lumen Advisory and Finance. The deal, valued at $2.5m in cash and stock, brings Lumen’s accounting automation acumen into Allocations’ expanding suite of accessible private equity capabilities. Allocations is building private equity 2.0 –
Morton Capital, a rising star in the alternative investment and RIA space, launched its highly dynamic new website this week. The vision of the website redevelopment, which began in late 2020, was to create a custom digital experience that reflected the client experience and reinforced the company’s relational approach and mission to “empower better investors.”
The issue of how to effectively tax companies and activities in a digital economy has gained prominence. Global dialogue on corporate income tax reforms is underway through the Organisation for Economic Cooperation and Development (OECD)/G20 Inclusive Framework, various jurisdictions are considering and applying digital services taxes (DSTs), and value-added tax/goods and services tax (VAT/GST) are
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In recent months the media has built a narrative that sees fintech’s fortune rise, while the City has been hit by a string of bad news stories: most notably the lack of a post-Brexit equivalency deal. The narrative isn’t just a media spin. Serious players, such as TheCityUK, an industry body representing the financial and
5W Public Relations, one of the largest independently-owned PR firms in the U.S., announces today the rapid growth of its dedicated financial communications practice area, which has grown 35% since 2020. The specialist division has supported multiple IPO programs, billions of dollars in acquisitions, and launched high-profile special purpose acquisition companies (SPACs) this year. Ronn
Mastercard and Citi today announced a new partnership to support local residents and small businesses through greater public-private sector collaboration. Through City Possible, Mastercard’s partnership and co-creation framework for cities, the two global leaders will bring their collective resources, expertise, and integrated urban development frameworks to the City Possible network. The partnership will initially grant
