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Sling Money, an app designed to make the global transfer of money instant, easy and low-cost, today announced a $15 million Series A round led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money previously raised a $5 million seed round led by Ribbit Capital with participation from Slow Ventures. Sling Money combines…
Syfe, Asia’s leading saving and investment platform, today announced that it has closed a USD 27 million funding round, increasing its valuation and bringing total funds raised to USD 79 million. The latest investment has been achieved amidst a challenging funding environment, with funding in Asia at its lowest level since 2015. Despite the broader…
Finzly, a leader in innovative payment and financial solutions, today announced an agreement with Corpay, a global leader in corporate payments, to collaborate on a joint offering that brings together Finzly’s FX payment platform and Corpay’s real-time FX rates. This collaboration provides a unique offering to financial institutions and their business clients, enabling FX transaction capabilities that…
TaluCard, in collaboration with IDEX Biometrics and a London based issuer is launching its state-of-the-art biometric payment solution. This groundbreaking initiative is set to transform payment solutions with a strong focus on accessibility and security for all users, including those with visual impairments and members of the aging community. TaluCard features fingerprint authentication and enhanced…
PayZen, a leading technology company focused on addressing healthcare affordability, has announced the successful closing of an oversubscribed $232 million Series B funding round. The round was led by New Enterprise Associates (NEA), with full participation from existing investors including 7wireVentures, SignalFire, and Viola Ventures. This funding includes $32 million in equity and a $200…
TransUnion, a global leader in information and insights, and receeve, an innovative all-in-one platform for collections and recovery, have announced a strategic partnership aimed at enhancing collections services through AI-powered insights and strategy optimization. This collaboration seeks to provide greater autonomy and profitability to businesses, all seamlessly integrated into the receeve platform. The partnership marks…
Setpoint, the leading infrastructure provider for the credit industry, announced the successful completion of its $31 million Series B funding round. 645 Ventures led the round, with significant strategic investments from Citi and Wells Fargo, alongside Andreessen Horowitz, NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny, Vesta Ventures, Fifth Wall, Eltura Ventures,…
Today, Ledger, a global leader in secure digital asset management, announced a strategic partnership with Revolut, one of the world’s foremost fintech solutions for digital payments. This collaboration brings Revolut to Ledger Live as a new buy provider, marking a significant step forward in Ledger’s mission to promote complete self-custody for financial assets and make…
J.P. Morgan has announced a strategic collaboration with IXOPAY, a leading payment orchestration platform, to enhance its global payment processing capabilities. This partnership allows J.P. Morgan’s clients to streamline credit card payments, including recurring transactions, by leveraging IXOPAY’s sophisticated platform. The collaboration provides merchants with local acquiring capabilities in major markets across the US, APAC,…
by Alexander Berrai, Deputy CEO at emerchantpay Open Banking has become a transformative force in fintech and payments, offering the potential for more transparent, efficient, secure and convenient transactions. Despite recently hitting 10 million users in the UK, overall adoption has remained relatively slow. While most financial leaders and merchants recognise the benefits of Open Banking, a significant…
Alchemy Pay, a global leader in fiat-to-crypto payment gateways, has announced a strategic partnership with Mesh, a cutting-edge connectivity platform for cryptocurrency transactions. Through this collaboration, Alchemy Pay has integrated Mesh’s API into its crypto payment system, allowing users to make purchases at both online and offline merchants using crypto funds from various exchanges and…
Experian has acquired NeuroID, an industry leader in behavioral analytics. NeuroID’s modern and frictionless capabilities amplify Experian’s fraud risk suite by providing a new layer of insight into digital behavioral signals and analytics observed for both new and returning users throughout the customer lifecycle, including account openings, logins and transactions. NeuroID’s behavioral analytics solutions are…
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