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Soter Insure, a provider of specialized insurance products tailored to the digital asset economy, has successfully closed its Series A funding round, led by Galaxy, with participation from Brevan Howard Digital, Karatage, Token Bay, Pharsalus and others. Headquartered in Abu Dhabi and operating out of Bermuda, with offices in London, New York and Dubai, Soter Insure was incubated by Further Ventures and…
Pipe, a fintech company partnering with software platforms to deliver embedded financial solutions for SMBs, today announced its expansion to Canada through a partnership with Housecall Pro, the go-to software platform for over 45,000 home service companies. Together, the two companies are dramatically improving financial access for the industry by delivering Pipe’s embedded capital through…
Bitget, the leading cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. The official licensing now enables Bitget to offer a comprehensive suite of crypto services within Bulgaria, including the exchange, trading, transfer, custody, and public offering of crypto assets, as well as wallet services….
Mastercard today officially announced the launch of TRACE (Trace Financial Crime) in Asia Pacific, a sophisticated network-level solution that harnesses artificial intelligence to identify and prevent money laundering and financial crime. Powered by timely and large-scale payments data from multiple financial institutions, TRACE provides holistic intelligence beyond an individual financial institution’s siloed view, enabling tracing…
dLocal, a leading cross-border payment platform, and AZA Finance, a prominent fintech company specializing in payments and foreign exchange in Africa, have entered into a strategic partnership that expands the service offering capabilities of both partners through mutual cross selling . By combining dLocal’s robust cross-border payment infrastructure with AZA Finance’s foreign exchange capabilities and…
Ahead of Valentine’s Day, MuchBetter, the pioneer in wearable payment technology, has settled an age-old debate: What brings more happiness—love or money? In a survey of 2,000 people conducted by MuchBetter, more than 44% said love is the key to happiness, while only 10% chose money. Interestingly, younger respondents placed less emphasis on romance, with almost…
With the acquisition of Danish payment reconciliation software Storebuddy, accounting platform Ageras rolls-up its seventh company. This follows on from its 2024 acquisition of business banking provider Shine from Société Générale, complementing its service offering and enhancing its position as a leading accounting platform for SMEs in Europe. Ageras, a leading fintech platform for accounting,…
Preqin, the global leader in alternative assets data, tools, and insights, today announced the launch of the Allocator Hub, a market-first, end-to-end platform that enables asset allocation, manager selection, due diligence, and portfolio management through sophisticated investment analytics, workflow tools, and managed services. This innovative offering is designed to support investors by driving better investment…
Fintech Scale-Up Tackles 120-Day Payment Terms Head-On, Unleashes Industry Growth, Bolsters UK Competitiveness and Fuels £8.6 Billion Economic Impact Revving, an innovative fintech scale-up, transforming the digital media payment landscape with a completely fresh take on traditional invoice factoring set to transform UK competitiveness in the global adtech market, today announced a landmark investment of…
· Checkout.com supports Vinted’s mission of making second-hand first choice through its digital-first platform · Bespoke optimizations with intelligent acceptance drive 4.15% overall uplift in acceptance rates in 2024, leading Vinted to triple its volume processed through Checkout.com Checkout.com, a leading global digital payments company, announces its partnership with Vinted, Europe’s leading online marketplace for second-hand fashion. …
As Africa’s tech ecosystem booms, more people from the region are landing remote jobs with Big Tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers — they struggle to open accounts that accept U.S. dollars and face slow invoicing and payment processes, and it doesn’t…
ClearBank, the enabler of real-time clearing and embedded banking, launched a new embedded banking service for Capital on Tap, the credit card provider for small businesses. The partnership will see ClearBank provide business savings accounts integrated directly into Capital on Tap’s existing user portal. The new business savings accounts will be available to new and existing…
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