Recently we have seen unprecedented movements in the financial markets. With the crypto crash and the recent stagnation of the stock markets, some have been left scrambling to recoup their losses. Globally, Governments have been spending big on stimulus packages, and inflation has hit record numbers. We are living in unprecedented times, and we are
Motive Partners, a leading specialized private equity firm focused on financial technology, today announced the successful final close of its second flagship fund, Motive Capital Fund 2, with total capital commitments of $2.54 billion for the Fund and its affiliated co-investment vehicles. The Fund employs the same investment strategy executed in Motive Partners’ inaugural flagship fund.
Capchase, a New York-based provider of non-dilutive capital, recently announced its integration with the leading financial infrastructure platform, Stripe, to make its services available through the new Stripe App Marketplace. This means that Stripe customers can now access Capchase’s non-dilutive financing solutions, including Capchase Grow (Recurring Revenue Financing), directly through Stripe’s interface without having to switch
FinTech refers to software and other modern technologies used by businesses that provide automated and improved financial services. FinTech in our daily life is Mobile Payment apps, Cryptocurrency, and Blockchain like Bitcoin and Gemini. In the future, the range of FinTech services is predicted to transform the market even more with A.I. and machine learning
Many of fintech’s success stories are built upon businesses that would have traditionally been competitors coming together as collaborators to fix a specific problem, which has benefitted the industry and consumers alike. In today’s fast-paced environment, a ‘do-it-alone’ strategy does not always cut it. Historically a key trend that has underpinned the growth of the
Within just five months, creative technology contracting firm Vanti achieved 81% engagement with wellbeing benefits worth 10.8x its insurance premium. Driven by the award-winning YuLife app, the business has been building new cultural norms and supporting employees in a healthier lifestyle – here, they explain how, and why.
Mastercard announced the appointment of Adam Jones to lead its operations across the Middle East and North Africa (MENA) Central cluster in his new role as Country General Manager. Adam is responsible for Saudi Arabia, Egypt, Jordan, Lebanon, Bahrain, and Iraq markets. “I am delighted to be part of Mastercard’s journey with this new role
Twitter is contemplating legal action against Tesla and SpaceX CEO Elon Musk over his decision to terminate a USD 44 billion takeover deal. As per The Hill, the microblogging site has hired a large New York-based law firm Wachtell, Lipton, Rosen & Katz LLP as it prepares to sue Musk. Twitter will file its lawsuit
YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, announced that it has raised $120m in a Series C led by Dai-ichi Life Holdings Inc, a new strategic investor in the company. The funding round, which YuLife’s existing investors supported, takes YuLife’s total funding to $206m since the
Griffin, a Banking as a Service (BaaS) FinTech firm, announces it has raised $15.5 million in funding to launch the OS for embedded finance. Notion Capital led the round, with participation from existing investor EQT Ventures as well as FinTech angels, including William Hockey, co-founder of Plaid and founder and co-CEO of Column, Nilan Peiris,
Carving out your niche in the business world isn’t for the faint of heart. But after months and even years of planning, you’ve started to earn income as a new business owner. As an entrepreneur, you get the best of flexibility and earning potential plus some major financial responsibilities. Understanding your unique financial opportunity is
Mambu, a leading cloud banking platform, announced a global partnership with Visa to utilize Visa DPS, one of the largest processors of Visa debit transactions globally. The partnership will give Mambu customers a seamless connection to Visa DPS for end-to-end card issuing and processing. Both companies recognized the importance of interconnectivity to meet the growing demand
