This week the United Kingdom announced it has established the Fintech Growth Fund, a £1 billion investment vehicle funded by financial services industry heavyweights Mastercard,
Marqeta, the high-profile, next generation card issuing and management processor, has incorporated OpenAI‘s Generative AI large language models to launch Marqeta Docs AI, in an
Wonder Brands, a Mexican e-commerce brand aggregator, announced the closing of a $15.5 million Series A funding led by Nazca and IDB Invest. The investment
The Stellar Development Foundation (SDF), a non-profit organization created to support the open-source, decentralized Stellar network for payments and asset issuance, and a leader in
Abu Dhabi’s Mubadala investment fund has led a funding round for vehicle financing startup Moove, valuing the business at $550 million. Moove, which enables drivers
Credgenics, a SaaS-based debt collection and resolution services software provider, whose offering includes digital collections, collections analytics, and litigation management, has raised $50 million. The
TikTok, the short-form video media platform, plans to incorporate a payments license in its Indonesian operations to expand its South Asian presence. Obtaining the payments
Brite Payments, a payment services company, is introducing open banking-powered instant payments and payouts in Denmark. It seeks to supply companies with a lower-cost alternative
Chairman and CEO Vijay Shekhar Sharma of Indian fintech Paytm will acquire a 10.3% stake of Chinese fintech giant Ant Financial worth $628 million, becoming the