TMX Group Limited announced that it has made a strategic investment in VettaFi Holdings LLC (VettaFi), a US private sector data, analytics, indexing, digital distribution and thought leadership company. VettaFi fosters a cutting-edge, data-driven platform designed to empower and educate the modern financial advisor, asset manager and institutional investor. TMX Corporation purchased approximately 21% of
Australian firm Grapple, which provides working capital loans to small and medium-sized businesses, has reportedly raised $35 million under a warehouse credit facility from financier Global Credit Investments (GCI). based in Sydney. With this money, Grapple hopes to scale and maintain its growth trajectory, according to a report by FinTech Futures. The funds will also
After successfully integrating with Navigator in 2019, Brightwell, a global payments technology company, has extended its partnership with Virgin Voyages. With ReadyRemit, powered by Brightwell’s international payments partners, Virgin Voyages can now easily pay suppliers, workers, and more, while also offering customer payments like discounts, rewards and cashback with a digital solution. “Traditional banking solutions
There is no doubt that the financial services industry is changing. With the rise of modern fintech companies, traditional banks have been forced to sit up and take notice. The next generation of customers – increasingly tech-savvy consumers – are increasingly drawn to the range of benefits offered by challenger banks. So, with an aging
Remitly Global, Inc. (“Remitly”), a leading provider of digital financial services for immigrants and their families in more than 170 countries around the world, today announced the successful completion of the acquisition of Rewire. , an Israeli money transfer service was announced earlier. financial services company. immigrant worker service platform, January 5, 2023. “Today marks
The fintech landscape is changing at breakneck speed, with more innovative products and services emerging every year. For companies that have launched fintech platforms and applications, it can be difficult to stay in touch with an ever-evolving industry while ensuring sustainable growth within their own platform. However, some steps can be taken to ensure that
FinTech Circular Economy Twig has announced the acquisition of Vybe technology, the leading UK youth banking provider. This new development follows the recent acquisitions of UK companies Loopster and Mobi. the market as Twig strives to be the right platform for the Gen Z market. “We are so excited to be taking this step forward
Bondsmith, the UK’s leading provider of savings and cash management solutions to the wealth management industry, has become a Prime Member of Visa, the world leader in digital payments, to continue its mission to improve the wealth management industry. Fintech and super apps are slowly gaining market share in the wealth management industry. As a
Titan Wealth Holdings is pleased to announce the acquisition of Telford Mann Group Limited. With a £750 million AUA and over £700 million in assets under management, Telford Mann is a company of Notary Public Financial Planners and Discretionary Investment Directors, originally licensed was founded by Moore Chartered Accountants in 1988. Based on Kettering, the
On the route to fixing important inefficiencies withinside the subject of conventional economic lending and borrowing, Credefi has done a primary milestone in its partnership with the TradFi behemoth Experian. Credefi has control to steady the rights to apply Experian’s formally recognized and official logo substances to place itself as ‘Credefi – Powered through Experian.’
The payment company FOMO Pay, which has its headquarters in Singapore, declared that it has earned its Business Identifier Code and joined SWIFT as an official member (BIC), also known as SWIFT Code: FOMPSGSG. This club marks a tremendous success for FOMO Pay in its pursuit to offer greater efficient, secure, and dependable price services.
With many innovations in the field, the field continues to grow through the implementation of many areas of technology, such as chatbots, artificial intelligence, digital banking, blockchain and augmented reality. Due to these changes, many companies are able to provide high-quality service at an affordable price. Overview of the fintech market The market for fintech
