Category : Fintech News

Rapyd Raises $300 Million to Support Global Payments Growth

Rapyd, a global Fintech as a Service company, has announced a $300 million Series D financing round led by Coatue. Several new investors participated in the financing, including Spark Capital, Avid Ventures, FJ Labs, and Latitude, along with further...

How Are Bitcoin, Tethers And Dollars Connected? An Interview With RealVision President Travis Kimmel

The relationship between Bitcoin and Tethers and between Tethers and dollars is making for some fierce discussion on social media.

Behind the Idea: Flywire

Flywire is a Boston-headquartered high-growth vertical payments company that solves vertical-specific payment and receivables problems. It works with organisations delivering ‘high-value’ services in sectors such as education, healthcare or luxury tr...

Aramco’s Wa’ed Raises Financial Support to Saudi Start-ups

Wa’ed, the entrepreneurship arm of Aramco, tripled the amount of money it loaned to Kingdom-based start-ups during 2020, and injected significantly more money into new businesses through venture capital (VC) investments, as it began a multi-year effo...

Forgotten Passwords: $140 Billion Bitcoin Write-Off?

Nearly $140 billion worth of Bitcoins is at risk of being& permanently lost, according to online platform Chainalysis, due to forgotten passwords for decryption.&

Report Finds Data Integrity Vital to Achieve GCC Sustainable Development Goals

GCC countries must strengthen data measurement and collection capabilities in order to meet the 2030 Agenda for Sustainable Development Goals (SDGs), according to Oliver Wyman’s latest report. Titled ‘Implementation Of Sustainable Development Goals:...

BlackRock Eyes Crypto As New Report Suggests Market Is Maturing Rapidly

Blackrock, which manages trillions of dollars of assets, has acknowledged that its funds “may engage in futures contracts based on bitcoin.”

Personality-Powered Finance App Quirk Secures Funding Boost

Quirk, a fintech startup that uses personality testing to deliver bespoke financial advice to young professionals, has raised £300,000 in pre-seed funding. The app aims to embrace people’s uniqueness to help them take control over their money. More t...

Reboot. Campaign to Spotlight Ethnic Minority Experiences in the Workplace

reboot., a team of ethnic minority ally cross-industry communications and marketing professionals, has launched its inaugural campaign to spotlight the journeys of successful ethnic minority professionals who have risen to senior positions in the cor...

Cushon Launches World’s First Net Zero Pension

Cushon, the fintech workplace savings disrupter, has announced that it has launched the world’s first net zero pension. Cushon’s pension is the first of its kind in that it is Net Zero now – not later – unlike competitors in the market who have...

This Week in Fintech: TFT Bi-Weekly News Roundup 21/01

The Fintech Times Bi-Weekly News Roundup on Thursday 21 January features the latest international fintech stories. Paymentology joins Mastercard‘s fintech programmes, while Avanti Finance pledges affordable loans to micro-entrepreneurs in India...

NorthRow Appoints New CEO for the Firms Upward Growth Trajectory

NorthRow, an SaaS compliance solution for regulated businesses, has announced the appointment of Adam Holden as Chief Executive Officer. Adam will oversee the firm’s upward growth trajectory, replacing Adrian Black who retired from the business in De...

Global Processing Services Poaches Visa Veteran

& Singapore-based Global Processing Services Bolsters Asia Pacific Team with Head of Region Appointment.

Tesco Pay+ App Surpassed £1 Billion in Payments in 2020

Tesco has revealed that Pay+, the free mobile payment app operated by Tesco Bank, surpassed a total of £1 billion in payments shortly before Christmas 2020. The contactless payment app aims to make shopping in Tesco stores more convenient and rewardi...

Fiserv on Collaboration – The Key to Fighting Financial Crime

As more everyday activities have shifted online due to the COVID-19 pandemic, criminals have adapted their tactics and pandemic related scams are on the rise. Andrew Davies is vice president, global market strategy, Financial Crime Risk Management...