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12 artículos mostrados

Schuman Financial Secures €7M Seed Funding to Advance Euro Stablecoin Adoption

Swiss fintech startup Schuman Financial has raised €7 million in a seed funding round led by RockawayX. The funding will accelerate the development of EURØP, a fully MiCA-compliant euro-backed stablecoin, aimed at bridging the gap between traditional finance and the Web3 ecosystem. While USD-denominated stablecoins dominate with 99.5% of the $180 billion in circulation, euro-based…

Venture & Investment · 2 DIC 2024 · 2 min de lectura

Coinbase Unveils Apple Pay Integration for Instant Fiat-to-Crypto Transactions

Coinbase has announced the integration of Apple Pay into its Coinbase Onramp platform, transforming the process of converting fiat to cryptocurrency. This move aims to eliminate the common hurdles of onboarding into crypto, such as lengthy Know-Your-Customer (KYC) processes and reliance on multiple applications. The integration allows users to complete transactions in seconds, leveraging Apple…

FinTech · 2 DIC 2024 · 1 min de lectura

Themis Expands into Saudi Arabia

Themis has announced the launch of Tathabbat, marking a pivotal step in Saudi Arabia’s compliance landscape. This expansion aligns with the nation’s Vision 2030 initiative and its drive to implement world-class Know-Your-Finance (KYF) standards. Tathabbat is set to empower Saudi financial institutions and designated non-financial businesses and professions (DNFBPs) with advanced KYF/KYC tools and solutions. The…

FinTech · 2 DIC 2024 · 1 min de lectura

Babel Street and IMTF Partner for Advanced Multilingual Name Screening Solution

Babel Street, a leader in advanced AI, data, and analytics for global information intelligence, and IMTF, a leading global provider of anti-financial crime compliance solutions, have announced a strategic partnership to introduce enhanced multi-lingual name screening capabilities within IMTF’s Siron®One platform. This collaboration addresses the growing demand for accurate, efficient name matching across diverse languages and scripts,…

Artificial Intelligence · 2 DIC 2024 · 2 min de lectura

Offa purchases Bank of Ireland’s Islamic home finance portfolio

Offa, the UK’s leading Islamic property finance fintech, has acquired Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio in a landmark deal utilising a unique funding structure, including more than 350 home purchase plans. The Offa team, based in Birmingham, worked with global law firm Norton Rose Fulbright to create a pioneering sharia-compliant funding structure,…

FinTech · 2 DIC 2024 · 2 min de lectura

MAPFRE AM selects BlackRock Aladdin for digital transformation of investment platform

MAPFRE AM, MAPFRE Group’s asset management arm, will take a significant step forward in its digital transformation – a key pillar of the company’s growth strategy – by adopting BlackRock’s Aladdin platform, marking the first insurance company in Spain to implement the technology. MAPFRE AM will leverage the Aladdin platform’s sophisticated risk analytics, portfolio management,…

FinTech · 2 DIC 2024 · 2 min de lectura

Deel Acquires Atlantic Money to Expand Global Fintech

Atlantic Money, a two-year-old fintech focused on providing efficient and cost-effective money transfer solutions, has been acquired by Deel, the leading all-in-one payroll and HR platform for global teams. The acquisition aligns Atlantic Money’s innovative approach to financial services with Deel’s mission to simplify global business operations, including secure and seamless international payments. Since its…

Venture & Investment · 29 NOV 2024 · 1 min de lectura

BlackRock to Acquire Private Credit Manager HPS in a $12 Billion Deal

BlackRock has reached an agreement to acquire HPS Investment Partners, a private credit firm, in a deal valued at up to $12 billion. This move marks another significant step in the ongoing wave of consolidation within the asset management industry. The Financial Times reports that the broad terms of the acquisition have been finalized, with…

Venture & Investment · 29 NOV 2024 · 2 min de lectura

Evolve Appoints New Finance Director

Evolve, the leading provider of Managed Network Solutions and IT services, today announces the appointment of Michelle Horan as its new Finance Director. Michelle joins Evolve from Giacom, a leading cloud and IT services provider, where she was overseeing the group consolidation, management accounts, and statutory accounts preparation for multiple entities. Prior to this, she…

FinTech · 29 NOV 2024 · 2 min de lectura

TBC Bank Uzbekistan Secures $10 Million from Global Gender-Smart Fund (GGSF) via Dutch ImpactInvestor Triple Jump

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces it has secured $10 million from the Global Gender-Smart Fund (GGSF), helping TBC Uzbekistan to continue diversifying its funding base and expanding financial inclusion in Central Asia’s largest nation by population. The financing will come from GGSF via one of its portfolio managers –…

Venture & Investment · 29 NOV 2024 · 2 min de lectura

German Government Selects Secupay and Episode Six Technology to Deliver Government Disbursements

Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, today announces a partnership with payment solutions and services provider Secupay to provide asylum seekers with payment cards, enabling them access to financial support from the German Government. By integrating E6’s powerful enterprise-grade card issuance and transaction processing technology, and supported…

FinTech · 29 NOV 2024 · 3 min de lectura

Global neobank Fingular surpassed Operational Breakeven in less than 3 years sinceinception, reports 5 million customers

Fingular, a Singapore-based global neobank renowned for accelerating financial inclusion, has achieved a significant financial milestone, marking its rapid ascent in the fintech industry. Launched in late 2021, the neobank reached operational breakeven at the Group level in October 2024 while amassing 5.2 million customers globally. This achievement positions Fingular as one of the fastest-growing…

FinTech · 29 NOV 2024 · 2 min de lectura

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