Integrated funding platform Railsr, formerly known as Railsbank, has closed a $46m (£40.4m) Series C funding round consisting of $26m (22, £8m) in equity and $20m (£17.6m) in debt. New investor Mars Capital provided the £17.6m debt financing, with equity from previous investors Anthos Capital, Ventura, Outrun Ventures, CreditEase and Moneta. Its platform offers predefined […]
Finance service
Vacancy in the finance department with Nottingham City Council
Welcome to Nottingham…. Nottingham is a dynamic and diverse city. As a Council, we are ambitious and push for Nottingham to be a national leader on many fronts so that our city, our communities and our services are the best they can be. From our ambition to be the first carbon-neutral city by 2028, our […]
Ecuadorian ‘unicorn’ Kushki buys financial services start-up as part of Mexican expansion
MEXICO CITY, Aug 17 (Reuters) – Ecuadorian “unicorn” Kushki, an online payment platform serving Latin America, is to buy Mexican startup Billpocket in a bid to triple its growth in Mexico over the next few months, a Kushki said on Wednesday. Kushki, which expanded into Mexico in 2020, said the purchase of Billpocket and its […]
The alternative financing service for startups Arc closes its funding round
Bowwhich bills itself as the future of startup funding, closed its Series A funding round at $20 million. Left Lane Capital was the leader, with commitments also coming from NFX, Y Combinator, Clocktower Technology Ventures, Torch Capital, Atalaya, Bain Capital Ventures, Soma, Alumni Ventures and Dreamers VC. The round has also been backed by angel […]
Integrated Financial Services Market 2022 Global Outlook and Business Scenario – Banxware, Bond, Cross River, Finix, Flywire, Marqueta – Instant Interview
The Market analysis reports has added a new statistical market report to its repository titled Embedded Finance Service Market. It provides an overview of the industry with market growth analysis with historical and futuristic perspective for the following parameters; cost, revenue, demand and supply data (if applicable). Moreover, the report also sheds light on recent […]
4 Digital Dexterity Skills Every Financial Services Team Should Know
The financial sector is a specialized industry that requires highly skilled professionals to perform its critical tasks. Sensitive tasks such as financial reporting and control, tax and compliance, and budgeting always require the skills of well-trained staff. However, to the extent that the finance niche needs experts, you realize that many of its day-to-day operations […]
Integrated finance service gains popularity
A research conducted by Temenos showed that over the past 12 months, three in five Britons have used integrated financial services as part of the checkout process when shopping online. Over the years, the popularity of online financial offers provided by non-financial companies has grown, becoming increasingly available. These include e-wallets (which have been used […]
Australian Crypto Exchange BTC Markets Receives Financial Service License
Some jurisdictions have mandatory regulations in place for BTC and crypto-related companies. For example, a law requires all crypto services companies and exchanges to have a financial license. Such laws are appropriate as more and more criminal activity and scams are rampant through the use of cryptocurrencies. As digital assets and crimes increase, many governments […]
Microsoft is abandoning its Money in Excel personal finance service
Credit: Microsoft Two years ago, Microsoft started rolling out a budget tracking service called Money in Excel as a carrot for its Microsoft 365 Personal and Family subscription. But the company has decided to drop Money in Excel, along with Wolfram Alpha data type support for Excel, starting next year. According an email sent by […]
Tiller launches new personal finance service for Excel, partners on exclusive offer for Microsoft 365 subscribers
Tiller’s personal finance service now offers a full suite of tools to help customers manage their financial lives with the power of Microsoft Excel SEATTLE, May 31, 2022–(BUSINESS WIRE)–Today Taller announced full support for Microsoft Excel, offering a complete personal finance service based on the industry-leading spreadsheet software. This press release is multimedia. See the […]
Union Bank of India launches Trade Nxt cross-border trade finance service
Union Bank of India has launched Trade nxt, a cross-border trade finance service for Indian exporters and importers. The platform will enable companies to perform all export/import transactions including entering and processing letters of credit, bank guarantees, export/import invoices, disbursement of credit to export, outbound and inbound remittances, and dealer financing, and more, all in […]
Time Finance: Recognized for providing a first class invoice finance service
Time Finance is delighted to announce that it has won the top spot in Business Money’s 25 rankingand Review of receivables from the Invoice Finance sector. The annual Customer Intermediary Index recognizes and celebrates leading providers who provide excellent service to their customers, from onboarding and assessment, to relationship management and retention. In partnership with […]
Financial Services Security Software Market Size 2022 Demand, Global Trend, News, Business Growth – Business Merseyside
How about a well-documented study on the Financial Services Security Software which includes an in-depth examination of the various models, programs and assets that could cause a paradigm shift in the rate of growth? It’s a reality. Based on the latest changes to financial services security software, Market Reports is the answer to all your […]
OJK Should Act Quickly Against Financial Services Sector Breaches
Jakarta (ANTARA) – House of Representatives (DPR) Committee XI member Masinton Pasaribu has urged selected members of the Board of Commissioners of the Financial Services Authority (OJK) to act swiftly against violations in the sector financial services. Pasaribu, in a press release here on Saturday, said members of the OJK Board of Commissioners should not […]
JD Finance service for students closes as China’s fintech industry continues to shrink amid tighter regulations
The financial services arm of China’s second-largest e-commerce company, JD.com, will stop operating a student mode in its app next month, in the latest sign of a decline in China’s fintech industry amid tightening of regulations. The youth version of JD Finance, operated by JD Technology, will go offline on March 22, according to a […]
PopCash is launching a new website for the popular revenue-based funding service.
PopCash Funding is officially launching a brand new website and application process for the popular revenue-based funding service. Dover, USA – February 9, 2022 — PopCash Funding has officially rolled out the popular revenue-based funding service’s new website. PopCash Funding’s new site is sure to make life easier for small business owners looking for $1,000 […]
Indonesian regulator bans crypto trading and sales for financial services firms
The Financial Services Authority of Indonesia, also known as OJK, has tightened its grip on crypto trading and facilitated sales in the world’s fifteenth largest economy. The OJK prohibited crypto-related activities for financial companies on January 25, declaring in a Instagram post“OJK has strictly prohibited financial services institutions from using, marketing and/or facilitating the trading […]
Crypto Lawmakers and CEOs Agree House Finance Service Committee Hearing ‘Productive and Useful’
Image source: Getty Images Most of the committee members came prepared and ready to learn more about cryptocurrencies and stablecoins, while the crypto witnesses represented the industry very well. Key points House Committee Financial Services Chair Maxine Waters (D-CA) hosted a highly successful hearing that was praised by all attendees of the four-hour plus policy […]
Summit to highlight efforts needed to improve resilience of Islamic financial services
Jeddah – The 15th annual Islamic Financial Services Board (IFSB) summit was launched in Saudi Arabia on Tuesday under the slogan “Islamic Finance and Digital Transformation: Balancing Innovation and Resilience”. The event is organized by the Saudi Central Bank (SAMA), in the governorate of Jeddah, with the participation of representatives of central banks, financial institutions, […]
Russian Telecom Giant MTS Invests $ 11.7 Million in Blockchain Trade Finance Service: Report
MTS, one of Russia’s largest telecommunications companies, has taken over the trade finance platform Factorin, the Kommersant newspaper reported on Tuesday. According to publication, the 51% stake cost $ 11.7 million. MTS bought Factorin’s parent company, venture capital fund Digital Horizon, which retains a 25% stake. The rest is held by the Factorin team, according […]
Maruti Suzuki Launches Online “Smart Finance” Service; Details here
Maruti Suzuki India Limited, the country’s largest automaker, has launched an online financing platform for its customers Arena and Nexa. According to the automaker, the Smart Finance platform, accessible at any time during the vehicle purchasing process, will provide end-to-end online auto finance solutions to customers. “Maruti Suzuki Smart Finance – India’s first revolutionary digital […]
Securities Finance Technology News | The Asset Management Exchange unveils its securities financing service
The Asset Management Exchange (AMX), which offers a cloud-based platform for asset managers, institutional investors and their intermediaries, has expanded its services with the addition of a securities financing program. The new service went live in July and will be pitched to “as many funds as needed” over the next six months, according to AMX […]
Exton Advisors launches a “special situations” litigation financing service
Leading consulting firm pledges to support UK businesses LONDON – Exton Advisors, a leading financial litigation advisory firm, is launching a unique range of “special situation” services designed to help businesses view their disputes in a whole new way. The move responds to growing economic uncertainty caused by the global pandemic and sees the firm […]
Google is redefining the Google Finance service for desktop and mobile
Google redesigned Google Finance to educate consumers about the stock market, opening up the space to more users. This is one of a series of Google financial services initiatives, and it looks like it has now turned to trading. Insider Intelligence publishes hundreds of Fintech industry news, charts and forecasts with the Fintech Briefing. You […]