Payments
FinTech
One in Seven UK High Street Shops Adopt Cashless Payments
New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless last year.Growing preference for cashless payments among consumers.Survey indicates a major...
FinTech
Morgan Stanley to Cut 2,500 Staff Across Divisions
The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...
FinTech
Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position
The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...
FinTech
Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex
The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...
FinTech
Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation
This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...
ASC X9: Forms real-time payments study group
ASC X9 a non-profit organization accredited by the ANSI to develop and maintain national and through ISO international standards for the financial services...
Sourcegraph: Raises $50M in Series C Funding
Sourcegraph, a San Francisco, CA-based Universal Code Search company, secured $50m in Series C funding
The round was led by Sequoia Capital. In...
Qred: Receives license to provide payment services
Qred helps small companies grow by providing fair and accessible financing
Another step in the company's long-term expansion plan now complete with the...
Identitii: Raises $4M to speed-up sales
Fintech company Identitii (ID8) has received binding commitments to raise $4 million via an oversubscribed placement
Roughly 27.5 million shares will now be...
Galaxy Resources: Raises $161M for lithium projects
Lithium miners Galaxy Resources (GXY) is looking to raise $161 million to fund lithium projects in Argentina and Canada
The company is allowing...
Kredivo: Secures $100M Debt Facility from Victory Park Capital
Kredivo, a digital credit platform for retail borrowers across Indonesia, secured a debt facility of up to $100m from Victory Park Capital
The...
Contour Venture Partners: Closes Fourth Seed Fund, at $82M
Contour Venture Partners, a New York City-based seed-stage venture capital firm, closed Contour Venture Partners IV, at $82m
Additionally, the firm closed its...
GoStudent: Raises Additional €5M in Series A Extension Funding
GoStudent, a Vienna, Austria-based online tutoring company, raised an additional €5m in Series A extension funding
The round, which brought total funding raised...
NEXTDC: Upgrades senior debt facility to $1.85B
Data giant NEXTDC (NXT) has boosted its senior debt facilities to $1.85 billion
Now, the tech stock has an extra $350 million leeway...

