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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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Saudi Fintech Hala Acquires UAE Paytech paymennt.com


Hala, the fast-growing regional FINTECH based in Saudi Arabia, today announced that it has acquired, through its parent company, the United Arab Emirates Paymennt.com in the second edition of the world’s largest technology event – LEAP 2023. Paymennt.com, formerly known as PointCheckout founded in 2017 and co-founded by Bashar Saleh and Tarek Ghobar, is a

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Allianz Financial Results 2022


Feb 18, 2023

Allianz Group is one of the world’s leading insurers and asset managers. We offer our customers in more than 70 countries a wide range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance.

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Froda, Lunar and Visa unveil innovative SME lending solution


Fintech Froda has partnered with Visa to develop an entirely new business lending solution. Initially, Froda and Visa are partnering with Nordic digital bank Lunar. Under the partnership, Lunar customers have access to business loans through Froda’s proprietary integrated lending platform, which offers payments and repayments directly via Visa cards. Visa’s presence in more than

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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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Adyen Broadens Partnership With Free Now To Power New Visa Corporate Travel Cards


Adyen, the global financial technology platform of choice for large enterprises, announced that it has extended its partnership with FREE NOW, Europe’s leading mobile platform, to provide streaming services. card issuance for mobile. This financial services addition builds on Adyen’s longstanding relationship with FREE NOW, the company that previously covered global payments. With Adyen’s release

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Where will integrated finance go in 2023? 


As we all know, integrated finance refers to the integration of financial services into non-financial products and services, such as retail websites, mobile apps, and even physical products. In other words, it is making financial services more accessible and convenient for consumers by integrating them with the products and services they already use. Over the

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Hightower Makes Strategic Investment in Bickling Financial Services


Hightower today announced that it has made a strategic investment in Bickling Financial Services, Inc., a registered investment advisory (RIA) firm based in Lexington, Massachusetts, with approximately $625 million in assets under development. administration and three offices statewide. Founded in 1984, Bickling Financial Services, Inc. (BFS) is a family business. Company founder Dorothy Bickling, Ed.

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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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American Express Taps Microsoft Ai For New Expenses Tool


American Express is expanding its decade-long relationship with Microsoft to develop a suite of solutions based on Microsoft’s AI and Cloud technologies, focused on reducing travel obstacles for employees and businesses. Karma. The first solution developed through this partnership will improve the cost management process by addressing some of the issues faced by business travelers