Latvian Fintech Startup Handwave Secures $4.2 Million for Innovative Palm Payments

Revolutionizing Payment Solutions with Biometrics and Artificial Intelligence

Highlights:

  • Handwave raises $4.2 million to enhance its palm payment technology.
  • The funding round aims to expand Handwave’s biometric payment solutions globally.
  • Innovative use of AI and biometrics positions Handwave as a leader in the fintech sector.

Handwave, a fintech startup from Latvia, has successfully secured $4.2 million in funding aimed at advancing its palm payment technology. This investment will help the company enhance its biometric payment solutions, leveraging artificial intelligence to improve user experience. With this funding, Handwave is set to expand its market presence and solidify its role as an innovator in the financial technology landscape.

Rinsu Ann Easo
Rinsu Ann Easo
Diligent Technical Lead with 9 years of experience in software development. Successfully lead project management teams to build technological products. Exposed to software development life cycle including requirement analysis, program design, development and unit testing and application maintenance. Has worked on Java, PHP, PL/SQL, Oracle forms and Reports, Oracle, Bootstrap, structs, jQuery, Ajax, java script, CSS, Microsoft Excel, Microsoft Word, C++, and Microsoft Office.

You May Also Like

NatWest Highlights AI Benefits for Customers Amid Digital Shift

The bank reports improved services through enhanced AI technology.Highlights: NatWest reports AI implementation has enhanced customer experiences.The bank...

Lloyds Investigates Use of Staff Bank Data During Pay Talks

The bank is reviewing data usage amid negotiations with staff over pay.Highlights: Lloyds Banking Group is reviewing data...

X to Launch Crypto and Stock Trading, Expanding Investment Options

X's new platform aims to integrate cryptocurrency and stock trading.Highlights: X will launch a new platform for crypto...

UK’s NSI Bank Transformation Programme Faces Major Criticism

The transformation initiative is labeled a full-spectrum disaster by experts.Highlights: NSI Bank's transformation programme has drawn severe criticism.Experts...