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As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Latin America and the Caribbean Cross-border digital payments company PPRO acquires Latin American payments provider Read more…
London-based fintech Paysend announced late last week that it had reached its fundraising goal of $5.3 million (£4.2 million) after a three-day campaign on Seedrs. The company noted that more than 200 investors have participated in funding round, which was led by VC’s Plug & Play, Digital Space Ventures, and Marcorp Fintech. The funding puts Read more…
We speak with Kristin Marcuccilli about her route into finance and why its crucial to work with like-minded people when driving a business forward.
Blockchain-based identity startup BanQu announced it closed an extension of its Series A round today. The funds come from Anheuser-Busch InBev’s venture arm ZX Ventures. The amount of the funding was undisclosed but adds to the company’s previous funding total of $2.6 million. “After BanQu’s outstanding pilot performance in our 100+ Accelerator, we are pleased Read more…
On Finovate.com Tink Secures Strategic Investment from PayPal. InComm Buys Hallmark Cards Subsidiary. Linxo Launches Real-Time Payment Card. Around the web ACI Worldwide makes strategic investment in Indian digital payments company Mindgate Solutions. Currencycloud and VISA forge partnership to fuel innovation in cross-border and travel payments. Trulioo partners with Refinitiv to improve access to digital Read more…
As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Middle East and Northern Africa SoFi announces $500 million investment led by Qatar. Emirates NBD Read more…
Fresh off its appearance at FinovateSpring, digital money management software developer Strands has announced a new strategic partnership with Tech Mahindra. The IT services and consulting firm will leverage Strands’ AI- and big data-powered technology and financial services expertise to help its clients enhance the customer experience with more contextual and personalized solutions. “Our white-label Read more…
As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Central and Eastern Europe FintechOS of Romania raises $1.23 million (€1.1 million) in post-seed funding. Read more…
Global Treasure Bank (GTB) in Myanmar has implemented Infosys Finacle’s core banking solution to power its retail and corporate operations, reports Jane Connolly of Fintech Futures, Finovate’s sister publication. Finacle is understood to have replaced the Kastle core banking system from another India-based vendor, 3i Infotech. Since the implementation, the bank says it has signed Read more…
Giving sales professionals the ability to leverage AI to provide better service is the goal behind the new partnership between Vymo and Microsoft. Specifically, the two will work to grow the market for Vymo’s intelligent personal assistant for sales, bringing predictive and actionable insights to customer relationship management (CRM). “We are helping organizations move to Read more…
Natural language generation (NLG) expert Yseop teamed up with technology consulting and digital solutions company Larsen & Toubro Infotech (LTI). Yseop CEO Emmanuel Walckenaer said that the deal “significantly advances” the company’s NLG efforts while expanding its global reach. Founded in 1997 as a subsidiary of India-based Larsen & Toubro Limited, LTI has operations in Read more…
As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Asia-Pacific Singapore-based financial supermarket GoBear scoops up $80 million in new funding. Wipro builds prototype Read more…