Cartoon: Betting on the swing
The crypto industry’s economics is currently dangerously dependent on the next market swing.
The crypto industry’s economics is currently dangerously dependent on the next market swing.
Paytrix describes Redmond as a “heavyweight of Ireland’s financial services sector”.
The formation of the AGG will ensure that the digital pound can be “accelerated” if given the green light.
The transfer is set to take place in early 2024.
ANZ says it conducted a successful pilot in April, identifying nearly 1,400 high-risk accounts.
According to a Companies House filing, Somani has resigned as head of Nutmeg and JP Morgan Europe.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Explore thousands of open roles on the FinTech Futures Job Board today.
Hansen joins ConnexPay from PayPal, where he served as head of global sales and account management.
In the race to optimise cost and efficiency through technology, let’s not forget to ensure a human touch remains.
Irfan Hussain joins LSEG from Goldman Sachs, where he has worked since 1995.
The six-year partnership will see Fime help the central bank establish an independent payment infrastructure.
The round was led by Westbridge Capital, Accel, Tanglin Ventures, Beams Fintech Fund and other strategic investors.
The latest investment brings Moove’s total funding to date to over $335 million across equity and debt.
The duo will explore new innovations in areas such as asset tokenisation, CBDCs and payment technology.
Greenlight says parents can add their teenagers as authorised users of its credit card to start building credit.
Payabl. says the authorisation will “unlock significant opportunities” as it looks to expand across the UK.
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.
The move is part of Block’s plans to reduce brand spending.
The facility is being provided by Chicago-based investment firm Victory Park Capital.
On completion of the deal, Svatantra says it will become the second largest microfinance entity in India.
The clients will be able to access Iceberg Data Lab’s ESG dataset available via its impact calculation platform.
The round saw participation from existing investors including UBS Next, EDBI and Prosus Ventures.
Rolling out in the coming weeks, PayPal USD will be available to purchase for eligible US PayPal customers.
UAB TransferGo Lithuania has already submitted a plan to the central bank to remedy the deficiencies.
The launch is Garanti BBVA Financial Technologies’ first foray into digital assets.
Emödi has over 20 years of experience in compliance and risk management within the financial sector.
According to Forbes Asia, the funding round values the start-up at $1.7 billion, making it Hong Kong’s latest unicorn.
MarketAxess aims to accelerate the development of quantitative execution algorithms for fixed-income products.
Learn what tools and tech enable Banca AideXa to provide quick and efficient loans to SMEs.
Sharma’s shareholdings in Paytm will increase to 19.42%, while Antfin’s shareholdings are reduced to 13.5%.
The funding comes as part of a renewal of the Financial Sector Technology and Innovation Scheme (FSTI 3.0).
The Chilean firm will use Thought Machine’s Vault Core to develop personalised financial products.
What’s the current state of play for the financial services sector and what can we expect for the remainder of 2023?
From 3 October, access to crypto through Revolut will be fully disabled for US customers.
The insurtech previously raised $18 million in its Series A funding round of July 2021.
Tomlinson, who joins from Confluent, brings more than 25 years of experience to his new role.
The acquisition makes Albo “the only neobank to offer debit and credit products for both consumers and SMBs”.
He has served as CEO of Citigroup’s institutional clients group since 2019 having joined the firm in 1987.
In addition, the company has also raised $20 million in new equity financing from its existing investors.