The day after it emerged that a funding round for Freetrade fell apart earlier this year, the UK stock trading app has gone back to the public with another crowdfunding campaign. According to a letter obtained by the Financial Times, Freetrade inked term sheets with new investors some months ago to raise capital at a £700 million
FNZ, the global wealth management platform, today announced that it has agreed to acquire DIAMOS AG, the specialized wealthtech provider for the asset and wealth management industry, to further enhance its global wealth management platform. The addition of cutting-edge product and service offerings to its current end-to-end wealth management platform will boost FNZ’s worldwide client
Clip, Mexico’s leading commerce and digital payments platform continues to strengthen its operations and offerings that drive the digital transformation of Mexico’s economy by entering a $50 million, three-year, unsecured revolving credit facility with Morgan Stanley, J.P. Morgan, and HSBC. The funding will be used by Clip to expand its efforts to meet businesses’ demand for innovative
21.co, the world’s leader in providing access to crypto through simple and easy-to-use products, today announced a $25 million round led by Marshall Wace. This round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn. With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and
Welcome to KuCoin, the world’s leading blockchain and crypto exchange, trusted by over 20 million members.
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.
Temenos today announced that it has been recognized as a leader in The Forrester Wave™: Digital Banking Processing Platforms for Corporate Banking, Q3 2022. Temenos believes that its position as a leader reflects the advances in Temenos open platform for composable banking and the broad set of banking services that cover all areas of corporate banking.
Wayflyer, the revenue-based financing and growth platform for e-commerce businesses, has secured a $200 million (plus a $53 million mezzanine) debt financing facility from Credit Suisse. The extra financing facility will be used by Wayflyer to support other origination, allowing it to quickly give capital to e-commerce companies and assist them to spur growth, enhancing cash flow,
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
valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle enabling FinTech platform, PayTabs Egypt, the payment processing solution, and notchnco, an independent software vendor (ISV) for meta products, have announced a collaboration that will allow valU’s clients to enjoy a unique WhatsApp shopping experience. For the first time in Egypt, through an automated workflow developed by notchnco, valU
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Rabobank Australia and New Zealand (RANZ) has selected the nCino Bank Operating System, leveraging nCino’s Automated Spreading solution, powered by nCino IQ. This partnership will benefit the bank’s Australian and New Zealand employees and customers, representing a multi-currency,
Most credit cards have a feature called a cash advance that enables you to withdraw money using your credit card. Usually, you can accomplish this at an ATM or in person at a bank location. Usually, there is a predetermined cap on the amount of money you can withdraw. You are drawing credit instead of
