US real estate investing platform PeerStreet files for Chapter 11 bankruptcy protection
The petition was filed on 26 June and the final hearing on the case is expected on 28 July.
The petition was filed on 26 June and the final hearing on the case is expected on 28 July.
Frewer will also join LHV Bank’s board of directors.
Of the amount foreseen for 2023, the bank says 1,200 professionals have already joined this year.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Featuring Orange Bank, Visa, Pismo, Robinhood, and more.
The company says the funding has fueled the growth of its Fintech Fraud DAO consortium, launched last fall.
FXWallets is currently available in pilot mode for select customers, with a wider rollout planned for September.
The bank’s CEO says Avaloq’s solution will enable its clients to have “even more control over their assets”.
The move follows a strategic review of Orange’s banking business launched several months ago.
The transaction is subject to regulatory approvals and is expected to close by the end of this year.
The MoU aims to establish an “ongoing forum” to discuss voluntary regulatory cooperation.
Socure has integrated Berbix’s tech to launch its new predictive document verification solution, DocV 3.0.
The proposed measures include revising the Payment Services Directive to become PSD3.
The funding round was led by Peter Thiel’s Valar Ventures.
The credit union will utilise Apiture’s Consumer Banking and Business Banking solutions.
Founding members include Chesapeake Bank, Visa, Airbase, Blockchain.com, Alloy Labs Alliance, iLex, and Novo.
The news marks Robinhood’s third round of layoffs since April 2022.
We’re celebrating our 40th anniversary on Thursday 6 July at our spectacular summer party!
FinTech Futures speaks with Payal Raina, Founder of FinTech B2B Marketing.
Stables’ CEO says the company wants to simplify stablecoin usage and drive its global adoption.
Cohere.io’s entire team, including CEO Yunyu Lin, will join Ramp as part of the deal.
Sources tell Bloomberg that the layoffs are currently ongoing as the bank looks to cut costs.
The solution is certified for FedNowSM, the Federal Reserve’s new instant payment offering launching in July 2023.
As part of the partnership, Infosys will also acquire Danske Bank’s India IT hub, employing over 1400 people.
The funding follows its $10 million Series A held in June 2021, and brings its total capital raised to $42 million.
Novobanco will deploy Feedzai’s Digital Trust (DT) and Transaction Fraud for Banking (TFB) solutions.
Heitsenrether will be responsible for leading the adoption of AI across the bank’s operations.
The transaction is expected to close soon following customary regulatory approvals.
The acquisition is expected to close in Q3 2023, subject to customary closing conditions.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Ryft says the small, remote island has “historically struggled” to access international payment platforms.
The transaction, subject to certain conditions, is expected to close in the second half of 2023.
The move marks Fortis’ first expansion outside the United States.
Google Cloud claims its AML AI solution helps increase risk detection and lower operational cost.
The new digital banking platform for Latin Americans is expected to go live in the coming months.
Suh replaces longstanding Visa CFO Vasant Prabhu, who is set to retire on 30 September.
SmartStream’s Jethro MacDonald discusses how SmartStream Air turns messy data into usable data.
With the new funds, the company plans to expand into APAC and the US.
Merchants using Instant Pay will be able to accept instant online, mobile and in-store payments.