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Xapo Bank Partners With Lightspark, Becoming The First Fully Licensed Private Bank To Offer Near-instant Bitcoin Payments Through Lightning Network Integration


Xapo Bank, the leading Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with Lightning Network to enable lightning-fast Bitcoin payments for its customers. Xapo Bank members can now instantly pay for small purchases up to $100 at any provider that accepts Lightning payments without incurring high transaction fees and waiting times.


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Citi Foundation Announces Inaugural Global Innovation Challenge To Empower Nonprofits Improving Food Security Around The World


The Citi Foundation announced the first-ever Global Innovation Challenge to help scale the impact of nonprofits around the world developing innovative solutions to improve food security. This first challenge will provide a total of $25 million to 50 organizations to support piloting or scaling up ideas and projects designed to address this issue and strengthen


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IDT Introduces Zendit, A Global Prepaid-as-a-service Platform


IDT Corporation, a global provider of financial technology, cloud media and traditional media services, today announced the launch of its prepaid cloud platform as a service, Zendit. Zendit will be showcased at Mobile World Congress 2023 (MWC) in Barcelona, ​​Spain, from February 27 to March 2. With the Zendit platform, businesses of all sizes, entrepreneurs


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NEXI And JAKALA Announce CVM Martech Lab, The European Centre For Customer Engagement In Financial Services


Nexi, Europe’s Payment Technology, in partnership with Jakala, Italy’s leading Martech company, established CVM Martech Lab, the new customer value management center for the financial services sector, to provide giving banks and fintech better knowledge of data science and marketing. -how and technology to advance CVM, through solutions that leverage the key role of digital


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Vietnam’s Fintech GIMO lands $5.1 million Series A  


GIMO, a FinTech startup from Vietnam, has closed its Series A funding round with an investment led by TNB Aura. Other investors in the round include Resolution Ventures, ThinkZone Ventures, Integra Partners, Y Combinator and Blauwpark Partners. Founded in 2019, GIMO claims to strive to improve the financial lives of Vietnamese people in financial difficulty,


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Digital Bank Zopa Acquires BNPL Firm DivideBuy


Zopa Buy Now, Pay Later DivideBuy Apparel is the first acquisition in a $75 million campaign raised earlier this year. DivideBuy allows merchants to offer customers interest-free payment options at the checkout. Buyers can spread the cost of their purchases over a period of two to twelve months from over 400 merchants. According to Zopa,


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Navigating Online Payment Fraud and New Regulations for Bank Account Validation


Join Socure experts as they discuss the rising issue of online payment fraud and the new regulations for bank account validation. Learn about industry-leading verification solutions, including consumer-permission, data-driven, and micro-deposit options and Socure’s newest solution, Account Intelligence, for validating bank account ownership and open status.


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Danish Neobank Lunar Raises $38 Million


Denmark’s Neobank Lunar has raised 35 million euros to invest and grow the business in order to further expand in Northern Europe and accelerate the path to profitability. A bank press release said the “vast majority” of existing shareholders contributed to the increase. Lunar’s most recent fundraising was 212 million DKK (about 28 million euros)


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Canoe Intelligence Raises $25m Series B Funding To Transform The Alternative Investment Data Ecosystem


Canoe Intelligence (“Canoe”), the fintech company providing alternative investment intelligence to institutional investors, capital allocators, asset managers and asset services firms, today announced the close of a $25 million Series B funding round. The round was led by F-Prime Capital with participation from Eight Roads Ventures and other strategic investors. This funding will be used