Australian firm Grapple, which provides working capital loans to small and medium-sized businesses, has reportedly raised $35 million under a warehouse credit facility from financier Global Credit Investments (GCI). based in Sydney. With this money, Grapple hopes to scale and maintain its growth trajectory, according to a report by FinTech Futures. The funds will also
In recent years, fintech is on the rise and with the growing demand for digital solutions to manage financial services, this trend is expected to continue through 2023. There is a growing need for digital solutions to manage financial services. the size of the global fintech market is predicted to total $305 billion by 2023.
After successfully integrating with Navigator in 2019, Brightwell, a global payments technology company, has extended its partnership with Virgin Voyages. With ReadyRemit, powered by Brightwell’s international payments partners, Virgin Voyages can now easily pay suppliers, workers, and more, while also offering customer payments like discounts, rewards and cashback with a digital solution. “Traditional banking solutions
There is no doubt that the financial services industry is changing. With the rise of modern fintech companies, traditional banks have been forced to sit up and take notice. The next generation of customers – increasingly tech-savvy consumers – are increasingly drawn to the range of benefits offered by challenger banks. So, with an aging
The £3 billion deposits milestone was reached by Zopa Bank this week, and our clients have established a total of 150,000 new accounts to increase their savings rates in the current difficult economic climate. The goal of Zopa is to increase the productivity of the hundreds of billions of “zombie money” that are now inactive
Remitly Global, Inc. (“Remitly”), a leading provider of digital financial services for immigrants and their families in more than 170 countries around the world, today announced the successful completion of the acquisition of Rewire. , an Israeli money transfer service was announced earlier. financial services company. immigrant worker service platform, January 5, 2023. “Today marks
The fintech landscape is changing at breakneck speed, with more innovative products and services emerging every year. For companies that have launched fintech platforms and applications, it can be difficult to stay in touch with an ever-evolving industry while ensuring sustainable growth within their own platform. However, some steps can be taken to ensure that
St Luke’s has launched its first credit app, TotallyMoney, with a TV and online campaign showing how, with the right advice and support, people can reach higher and achieve get your goal. A recent study by TotallyMoney revealed that 20 million adults are financially inadequate, a number that has increased by 50% in just six
On the route to fixing important inefficiencies withinside the subject of conventional economic lending and borrowing, Credefi has done a primary milestone in its partnership with the TradFi behemoth Experian. Credefi has control to steady the rights to apply Experian’s formally recognized and official logo substances to place itself as ‘Credefi – Powered through Experian.’
The payment company FOMO Pay, which has its headquarters in Singapore, declared that it has earned its Business Identifier Code and joined SWIFT as an official member (BIC), also known as SWIFT Code: FOMPSGSG. This club marks a tremendous success for FOMO Pay in its pursuit to offer greater efficient, secure, and dependable price services.
Save®, a fintech company that helps people get a higher return on their spending and savings, today announced that it has added a new environmental, social and governance portfolio (ESG) yields from the iShares ESG Aware ETF, among other ETFs. According to Morningstar Direct, global sustainable fund assets stood at $2.24 trillion at the end
Empaxis, a logistics and intermediary operations specialist for wealth and wealth managers, has announced a partnership with EXL, a leader in data analytics and operations and digital solutions. Combining Empaxis’ extensive expertise in intermediaries and back-offices with EXL’s proven capabilities in data, analytics and digital operations, this alliance will enable both companies extend their inheritance.
