Xion Finance, a multi-chain crypto payments processor, secured a $50 million investment from GEM Digital, a company that sources, structures, and invests in utility tokens
4G Capital, a financial literacy training provider that works with capital loans to help small businesses grow sustainably, shifted to Mambu’s cloud-native banking platform as
Grasshopper Bank, a digital banking platform, finalized a $30.4 million capital raise, bringing the bank’s overall fundraising to $160 million. Funds from current investors Patriot
Global Payments, a top tier processor and integrated payments, software, and fintech company providing payments technology and services to merchants, issuers, and consumers, announced its
Umba, a U.S.-based digital bank with a focus on emerging markets, has purchased a controlling stake in Daraja, a microfinance institution that accepts deposits in
Carlyle (NASDAQ: CG), a global investment firm, announced it will buy up to a 10% share in Yes Bank, one of the largest and fastest-growing full-service
In a major headline this week, the Wall Street Journal provided the payments and financial technology sectors a heaping portion of Dodd-Frank redux, with a
Shopify, the high profile, pandemic-accelerated platform for online commerce, has cut 10% of its workforce in order to deal with the difficulties brought on by
Plaid, a London-based open banking platform and data aggregator, has launched a variable recurring payments product. Currently, Plaid has a system in place for periodic,