Singapore, Singapore, January 30th, 2024, FinanceWire Nervos ecosystem fund, InNervation, today announced the launch of the “BTCKB” initiative and incubation of the blockchain software company CELL Studio. The “BTCKB” initiative aims to tightly connect the Bitcoin and CKB blockchains. By […]
Brex, a fintech startup known for offering corporate credit cards to startups, is facing some challenges. The news comes at a time when startups are struggling to raise funding due to the worsening global economic conditions and high interest rates. […]
Warsaw, Poland, January 25th, 2024, FinanceWire KUKE, Poland’s Export Credit Agency and a leading supplier of trade-facilitating solutions, has selected Wiserfunding, a frontrunner in business credit risk intelligence to digitise risk assessments and foster global business growth. This strategic collaboration aims […]
Asset marketplace and trading platform Blocktrade has just launched ‘Pay with Blocktrade,’ an instant crypto payment tool, making crypto payments widely accessible. In collaboration with technology provider SKAI2, Blocktrade enables retailers to accept payments in various cryptocurrencies, instantly converting them […]
Financial well-being is becoming a major concern for businesses, as financially stressed employees are more likely to be stressed, unproductive, and absent from work. Recognizing this issue, one fintech startup has made its mission to equip employees with tools and […]
Get ready to ditch Venmo. Elon Musk’s X (formerly Twitter) is set to revolutionize social media with the launch of peer-to-peer (P2P) payments this year. The proposed launch is part of Musk’s push to make X an “everything app” like […]
Ant Group is close to sealing a deal to acquire MultiSafepay, a Dutch payments company, for about $200 million, Reuters reported, citing people familiar with the matter. The move is part of their ongoing drive into Western payment markets, as […]
Singapore, Singapore, December 19th, 2023, FinanceWire With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out […]
Danish fintech startup Pleo has just announced the appointment of Soren Westh Lonning as its new chief financial officer, the $4.7 billion European fintech firm told CNBC in an exclusive interview on Wednesday. The move is seen as a strategic […]
Apex Fintech Solutions, a powerhouse in clearing services, announced on Tuesday that it has confidentially filed for a U.S. initial public offering (IPO) with the Securities and Exchange Commission (SEC), signaling a renewed push to go public. Apex did not disclose […]
London-based payments startup SumUp announced on Monday that it secured 285 million euros (approximately $306.6 million) in new funding. The funding round was led by Sixth Street Growth, the growth arm of global investment firm Sixth Street, and saw participation […]
People in North America collectively spend over $3 trillion each year using credit cards. The trend is mirrored in Europe, where the value of payment card transactions in the Euro area hit nearly 1.82 trillion euros in 2018. Financial institutions […]
In a surprise move, Apple said it is ending its credit card partnership with Goldman Sachs, dealing a significant blow to the Wall Street bank’s foray into consumer lending, the Wall Street Journal reported on Tuesday. According to the report, […]
In the complex world of futures trading where decisions are made in the blink of an eye, integrating fundamental and technical analysis has become a strategic imperative. Striking the right balance between these two analytical approaches is a prudent way […]
European fintech lending startups have secured more than €11 billion in debt facilities in 2023 to facilitate lending to consumers and businesses. However, there are emerging issues with their credit models and overall approach. Credit fund WinYield, following 95 in-depth […]
New York, United States, November 13th, 2023, FinanceWire The enterprise-grade integration manager for simplified connection with financial messaging networks IntellectEU, an innovator in digital finance and emerging technologies, is excited to announce the launch of Catalyst Integration Manager (CAT-IM) for […]
In the past two decades, the average cost of college in the United States has tripled, reaching $35,720 per student annually, showing a yearly growth rate of 6.8%. Despite the availability of scholarships, this upward trend has particularly disadvantaged thousands […]
AI spending in the finance sector has been notably high in recent years, second only to the tech sector. At the same time, mergers and acquisitions (M&A) advisors and investors often face significant time constraints due to the overwhelming volume […]
Klarna, Europe’s buy now, pay later (BNPL) fintech startup with a $6.7 billion valuation, has initiated the process for its highly-anticipated initial public offering (IPO). The Stockholm, Sweden-based Klarna has initiated a legal entity restructuring to establish a new holding […]
Sherman Oaks, United States, November 6th, 2023, FinanceWire Xsolla, a global video game commerce company, announces the inaugural edition of “The Xsolla Report: The State of Play.” This resource is designed to serve as a strategic compass for everyone involved […]
