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Tag Archives: FinTech

RHUNA Launches to Revolutionize the Events and Entertainment Industry with Fintech Innovation read full article at worldnews365.me

[PRESS RELEASE – Bucharest, Romania, February 19th, 2024] RHUNA is a visionary fintech platform dedicated to revolutionizing the events and entertainment industry through innovative technology. By integrating Web 3.0 and blockchain technologies, RHUNA aims to enhance user experiences, improve security and transparency, and foster a closer, more engaged community around …

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Nordic Fintech Pleo Welcomes New CFO, Increasing Hope for Potential IPO read full article at worldnews365.me

Recent moves at Pleo, including the appointment of a new CFO, have sparked speculation about a potential IPO, driving expectations for a valuation surge beyond the current $4.7 billion mark as of August 2023.  European fintech company Pleo has welcomed a new chief financial officer to expand its executive team …

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Technologizing Family Offices Through Fintech read full article at worldnews365.me

Family offices are increasingly turning to fintech solutions to optimize their workflows, enhance portfolio allocation, and generally increase efficiency. Fintech integrations unlock numerous benefits for family offices, empowering them to better manage wealth, streamline operations, and provide tailored services. In this article, we cover the different ways family offices can …

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Fintech Startup Fnality Raises $95M in Funding Led by Goldman and BNP Paribas read full article at worldnews365.me

With the recently secured Series B funding, Fnality is poised to continue its pioneering work in the tokenization of fiat currencies backed by Central Bank cash. Fnality, a fintech firm focused on building tokenized versions of major currencies collateralized by cash held at central banks, has successfully secured $95 million …

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Latvia central bank opens to fintech with ‘Innovation Hub’ read full article at worldnews365.me

Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them.  While some countries like the United States and El Salvador have had a public relationship with adopting new technologies, others have quietly joined the game. Among these is Latvia, a small …

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Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans read full article at worldnews365.me

Australian fintech firm Block Earner is charging ahead with plans to launch a crypto-backed loans product, despite staring down an upcoming court date with the financial regulator for allegedly offering financial products without a license.  The new crypto loan product allows Australian crypto investors to use crypto as collateral to …

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Mastercard to Acquire Minority Stake in MTN’s Fintech Business read full article at worldnews365.me

In the midst of this strategic partnership, MTN has delivered impressive financial results for the first half of the year. MTN Group Ltd (JSE: MTN), Africa’s largest wireless carrier, has announced that Mastercard Inc (NYSE: MA) is planning to purchase a minority stake in its financial technology business. This investment …

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German Fintech Company Raisin Anticipates €50B in Deposits for 2023 read full article at worldnews365.me

Raisin has ambitious expansion plans to add 25-30 new banks to its platform this year, with a particular focus on the United States. Raisin, a German fintech firm specializing in financial technology solutions, expects a surge in deposits this year as banks seek alternative funding options amid the end of …

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Fintech Unicorn Zepz Eyes Expansion via Mergers and Acquisitions read full article at worldnews365.me

Zepz CEO revealed that the company is preparing to introduce its first digital wallet, with a focus on meeting the requirements of migrant communities that frequently send money home. In the fast-paced world of financial technology, staying ahead of the competition often necessitates bold and clever initiatives. with Zepz targeting …

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FinTech Firm Klarna Overhauls App with TikTok-like Discovery Feed amid AI Hype read full article at worldnews365.me

Klarna seeks to leverage the power of AI for offering curated shopping experiences to customers while also introducing TikTok features and new tools for advertisers. The artificial intelligence (AI) revolution is taking over and has only accelerated over the past few months. As a result, companies are making quick pivots …

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Mastercard Partners Australian Fintech Stables to Enable Stablecoin Payment read full article at worldnews365.me

The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week. American multinational financial services firm Mastercard Inc (NYSE: MA) has …

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Sequoia and a16z Make More Investments in Fintech than in Any Other Sector in 2022 read full article at worldnews365.me

Main VC giants Sequoia & a16z undertook a number of investments within the fintech area in 2022, greater than some other sector. Sequoia Capital and Andreessen Horowitz (a16z) reportedly invested extra in fintech than some other sector final yr. Each main enterprise capital companies made sizable investments in fintech regardless of the tech downturn …

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