HSBC to Invest $35 Million in Tradeshift Joint Venture
International banking giant HSBC, announced it has invested $35 million in embedded finance supply chain platform Tradeshift, as part of a more extensive funding round
August 5, 2023
Walmart Pays $1.4 Billion to Boost Flipkart Stake
Walmart, the global e-commerce and brick-and-mortar giant, has acquired Tiger Global’s remaining shares of Flipkart, solidifying its control over the Indian e-commerce behemoth. The transaction,
August 5, 2023
Revolut to Stop Crypto Services for U.S. Customers
Revolut, the UK-based global neobank, announced it has halted cryptocurrency access for U.S. consumers due to evolving regulatory concerns and market uncertainties. Starting October 3rd,
August 5, 2023
Settle, a Cash Flow Management Platform, has Obtained $145 Million in a Credit Facility from Silicon Valley Bank
Settle, the cash flow management firm for e-commerce businesses and consumer brands, has secured a $145 million credit facility from Silicon Valley Bank. The funds
July 29, 2023
Debtbook, a Software Company, has Raised $12.5 Million in Series A Equity Funding
DebtBook, the software company specializing in debt, lease, and subscription management, as well as automated year-end financial reporting for local governments, nonprofits, and higher education
July 29, 2023
American Express Launches New Sync Program
This week, American Express announced the launch of its new Sync™ Commercial Partner Program, which allows fintech and software suppliers to embed virtual cards into
July 29, 2023
PortX Announces Partnership with Open Banking Platform Prelim
PortX, the financial infrastructure and integration technology company that delivers open access to data for financial institutions through its Integration-Platform-as-a-Service (IPaaS), announced it has partnered
July 29, 2023
Upgrade Acquires Buy Now Pay Later Firm Uplift
Upgrade, a consumer credit, mobile banking, and payments firm has announced this week it has acquired Uplift, a leading provider of Buy Now Pay Later
July 29, 2023
Trustmi, a Fraud Management Company, lands $17M Series A Funding Led by Cyberstarts
Trustmi, a payments fraud prevention platform using crowdsourced data from vendors and businesses to detect anomalies in payment processes, has raised $17 million in a
July 29, 2023