Payments

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...

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...

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...

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...

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...
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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...
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