The round witnessed leadership from CommerzVentures, accompanied by contributions from Speedinvest and several returning investors. The company, renowned for its groundbreaking approach to banking technology, has been on a rapid growth trajectory since its first client partnership in February 2019. Tuum stands at the forefront of digital transformation in the banking sector, offering flexible, cost-effective
Ongoing economic uncertainty and inflated valuations are having a dramatic impact on the fintech funding cycle. Last year’s numbers paint a bleak picture – according to CB Insights, fintech companies raised $20.4 billion in Q2 2022, almost half the amount raised in the quarter. 2 years in 2021. With fintech valuations and start-up capital plummeting
Younger generations are demanding accessible digital banking services from their providers. They turn to neobanks and fintech unicorns like Robinhood to do their banking, payments, and investments. Neobanks, the bank in which all their services are online and accessible digitally, and the fintech unicorn, the startup that has reached a valuation of $1 billion, are
Rakuten France announces the launch of a completely new integrated payment solution, Club R Pay, thus becoming the first e-commerce company to offer such a system on the market. A globally integrated payment solution, Club R Pay makes it easy for the 12 million members of the Club R loyalty program to shop at more
Banks have started to send $13bn in cash backing Elon Musk’s takeover of Twitter according to people familiar with the matter, the latest sign the $44bn deal for the social-media company is on track to close by the end of the week after months of twists and turns. Musk late on 25 October sent a
Tikehau Capital, the global alternative asset manager, and iCapital, a global FinTech platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced a partnership to increase wealth managers’ access to Tikehau Capital’s private market investing opportunities. In order to provide wealth managers and their high-net-worth clients in the EMEA region with
Insurers have accelerated their digitalization tremendously over the past two years. They now need to build on this to strengthen their offerings and relationships with existing customers while attracting new ones. 1. Personalization Is Essential In recent years, customers’ expectations for individualized experiences have dramatically increased. This also holds true for the insurance industry. Personalization,
Whatever kind of business you run, your organization undoubtedly needs to make a lot of purchases and expenditures. Your employee will require a quick way to pay your suppliers and business partners for everything from business dinners to business travel. Virtual cards come into play in this situation. It is preferable to give your employees
Marqeta, the global modern card issuing platform, today announced that it has been chosen by Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, to enhance the in-store checkout experience for shoppers using Bread Pay, its flexible suite of Buy Now, Pay Later products. Using Marqeta’s platform, Bread Financial
September 21, 2022 | 2:00PM EDT
September 21, 2022 | 2:00PM EDT Fintech security and identity teams know what it’s like to juggle opposing goals. The business dictates security that supports user and revenue growth, while also keeping bad actors from accessing accounts, assets, and the platform as a whole. Meanwhile, cybercriminals rely on frictionless registration and login experiences, so lowering
Aquila today announced the acquisition of Cibar Inc. (“Cibar”), a best-in-class banking software solution for the international trade finance industry. Cibar, a pioneer and specialist in trade finance applications, was established in 1969 and has its headquarters in Colorado Springs, USA. Its modules cover imports and exports, standby letters of credit, guarantees, cash letters, wire transfers, and more.
10th-11th May 2023 | Javits Center, New York, USA.
10th-11th May 2023 | Javits Center, New York, USA. Fintech Nexus (formerly Lendit Fintech) is a diversified media company providing essential knowledge, connections and inspiration to the entire financial services industry, creating a link between traditional finance and the future of finance. Each year, we reach more than 70,000 unique banking, fintech and investment executives
