FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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SailPoint: Acquires Intello

SailPoint Technologies Holdings to acquire Intello, an early-stage SaaS management company that helps organizations to discover, manage, and secure SaaS applications The amount...

Pipe17: Raises $8M in Funding

Pipe17, a Seattle, WA-based connected infrastructure company for e-commerce, closed an $8M funding round The round was led by GLP Capital Partners, with...

QBE: Cancels dividends following $2B loss

QBE (QBE) has cancelled its dividend distribution after 2020's unprecedented turbulence drove a US$1.5 billion (almost A$2 billion) loss The loss included a...

YBVR: Raises $1.5M in Financing

YBVR, a San Jose, Calif.-based XR video distribution platform, raised $1.5m in Pre-Series A funding Backers included Verizon Ventures, Telefonica’s Wayra and Tech...

Veylinx: Raises $2M in Pre-Series A Funding

Veylinx, an Amsterdam, The Netherlands-based behavioral insights platform that uses skin-in-the-game to predict consumer purchase behavior, raised $2m in pre-Series A funding The...

Varo Bank: Raises $63M in Funding from Russell Westbrook Enterprises

Varo Bank, a San Francisco, CA-based all-digital nationally chartered bank, raised $63m in funding Russell Westbrook, nine time NBA All-Star, NBA MVP, entrepreneur,...

Billhop: Raises €4M in Series A Funding

Billhop, a Stockholm, Sweden-based payment platform that enables businesses to pay invoices by credit card, raised €4M in Series A funding The company...

Dandelion: Raises $30M in Series B Funding

Dandelion Energy, a Peekskill, N.Y.-based home geothermal company, closed a $30m Series B round of funding, bringing total funding to $65m The round...

Medlab: Partners with Arrotex for NanoCBD distribution

Biotech company Medlab (MDC) has executed a non-binding Heads of Agreement (HoA) with Arrotex Australia Group to develop distribute NanoCBD to Australian Pharmacies ...
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