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PAYMENT SERVICE PROVIDER TRANSACT365 LAUNCHES IN LATIN AMERICA


Transact365, a UK-based fintech, has launched its global payments platform in Latin America (LATAM), making it one of the largest alternative payments platforms in the region. The move enables cross border and local e-commerce transactions through bank transfers and local payment methods such as PIX and Boleto, ensuring consumers in the region can make online transactions and

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TRACE FINANCE ANNOUNCES $4.3M SEED INVESTMENT TO DISRUPT GLOBAL BANKING


Trace Finance, a Brazilian FinTech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round. The investment was led by HOF Capital (investors in Dapper Labs, Terra, Flutterwave, and SpaceX) with participation from Circle Ventures (the company behind USDC – a leading USD-pegged stablecoin with a $50 billion fully diluted market cap), The Chainsmokers (via their fund Mantis

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BUILD YOUR FINANCIAL SUCCESS DREAM TEAM


Many busy physicians find they don’t have the time and energy to develop a savvy financial plan for their practice or their own personal needs. That’s why physicians needs the collaborative support and guidance of a good financial team. Many physicians never learned anything in medical school about running a business or handling personal finances,

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FIS ACQUIRES EMBEDDED FINANCE START-UP PAYRIX


US fintech start-up Payrix has been sold by equity firm Providence Strategic Growth and Dallas-based investment fund Blue Star Innovation Partners to payments giant FIS. The financial terms of the deal were not disclosed. Founded in 2015, the Atlanta-based Payrix provides embedded payment solutions for Software-as-a-Service (SaaS) verticals. The company offers clients the choice of

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BILLTRUST ACQUIRES ORDER2CASH, A EUROPEAN B2B FINANCIAL SOFTWARE PROVIDER


Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments leader, announced today it has acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider. The acquisition follows the October 2021 purchase of iController, broadening the company’s European footprint, global presence and ability to expand its innovative Business Payments Network (BPN).For over 20 years, each company has pursued a

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HOW TO AVOID CAPITAL GAINS TAX WHEN SELLING A HOUSE


There’s a lot of pride associated with owning property, whether it’s a primary home or a vacation bungalow. It’s especially rewarding when real estate is properly compensated for. But while a high selling price may be exciting in the moment, it typically comes with a potential drawback. As a capital asset, any gains you make

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WHAT IS A CONTINGENT DEFERRED ANNUITY (CDA)?


Many of us plan to live long lives. But with a high life expectancy comes a longer retirement. That means finding ways to financially support ourselves past our working years is more important than ever. There are many options out there that retirees use to boost their retirement income, from defined benefit plans to equity

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FINANCE FOR AN EQUITABLE RECOVERY – WORLD DEVELOPMENT REPORT 2022


The interconnected risks faced now by households, businesses, banks and governments could trigger a global financial chain reaction not seen in generations. The 2022 World Development Report examines the financial and economic risks that have been created or exacerbated by the pandemic, and outlines policy measures governments should take now to avoid major financial upheaval.

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INTRODUCTION OF LHV’S FINANCIAL PLAN FOR 2022


At the virtual investor meeting held on 15 February, LHV presented the financial plan for 2022 and the five-year financial forecast. Madis Toomsalu, Chairman of the LHV Group, Kadri Kiisel, Chairman of the Management Board of LHV Pank, and Vahur Vallistu, Chairman of the Management Board of LHV Varahaldus, spoke.