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
SME Bank, a new banking startup providing banking and financial services specifically for SMEs, today announces the addition of SEPA Instant Transfer as well as participation in SWIFT, a network of Mass messaging used by banks and financial institutions around the world. The expanded range of services means that the SME Bank will better respond
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.
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)
Flutterwave, Africa’s leading payment technology company, today announced that it has obtained a Payment Provider and Payment Facilitator license in Egypt. The licenses will allow Flutterwave to act as an official payments provider in the country, collect payments on behalf of its customers, and settle payments locally and globally. These licenses will allow Flutterwave to
Berkadia’s adoption of Rabbet’s platform is in line with its long-term commitment to investing in people and technology. With Rabbet, Berkadia FHA/HUD has doubled service capacity, improved processing time and developed information to better advise customers. “Rabbet is committed to providing the tools to service even the most complex areas of construction finance, including HUD
Lulalend, a South Africa-based digital lender catering to underserved small and medium-sized businesses (SMEs), has completed a $35 million Series B transformation funding round. (R600 million). Lulalend will use the capital to expand its business and fill South Africa’s persistent SME credit gap, estimated at more than $20 billion a year, according to the International
What is IoT? A digital network of Internet-connected “things” that continuously share data and generate actions. It will have and is already beginning to have, a disruptive impact on the world around us through smart home technology. These “things” are everyday household items such as kitchen appliances such as refrigerators and ovens, car dashboards, smart
STRIPE STORY HAS CREATED $2.5 BILLION Fundraising News 01.02.2023 12: 8 p.m. Stripe is in talks to raise $2.5 billion Stripe hits a massive $2.5 billion funding deal with existing investors that will value the payments giant between $55 billion and $60 billion, according to The Information. This increase would fall sharply from Stripe’s last
UK-based FinTech Group Stubben Edge (the Company) today announced that it has received an additional investment of £5.6 million. This round was again oversubscribed and well received by existing and new shareholders, giving the company a pre-fund valuation of £175 million and a 75% increase over the funding round. before. This further demonstrates investor confidence
Barclays announced a strategy to expand its flexible banking formats, as it evolves its physical footprint to meet changing customer needs. Barclays Local offers live banking support in community locations and new banking modules across the UK. The plans include: Expanding Barclays Local by over 70 sites in 2023, in addition to 200 opened in
Globaleye, an independent international wealth management consulting firm, today launched a new hybrid asset management solution that offers both hybrid and digital asset management advice. Globaleye 3.0 will fill the gap in the region for highly personalized and effective digital consulting. This innovative technology changes the way affluent clients interact with their wealth and financial
