ICYMI funding round-up: Upflow, TRM Labs, Booste, Crediverso & more
A heaping helpful of funding rounds from this week to get your teeth into.
A heaping helpful of funding rounds from this week to get your teeth into.
Mastercard partners with FinGo following Visa’s deal with ADIB.
Singaporean cross-border payments firm has raised $130m in total.
Cybersecurity firm has big ambitions for changing the cross-border sector.
Bank ABC’s deputy group CEO calls this a “landmark pilot”.
The platform will start by facilitating flows between Singapore-based banks.
Robinhood has held talks with underwriters about filing “within weeks”.
Both Fedwire and FedDACH went down this week, and remained so for a few hours.
The EU granted the UK temporary equivalence last September for derivatives clearing.
The bank cites “growing client demand for digital assets”.
ION Group has bought a handful of other firms to date.
Russia announced its new cryptocurrency law this year.
The new global payment system should replace all current payment and settlement arrangements.
PayPal thinks Modulr is “well-positioned to be an enabler”.
Payit was built by London-based, RBS-backed fintech, Pollinate.
COVID-19 thwarts Frankfurt’s plans to grab clearing business from Britain.
The integration will streamline the initiation of ACH transfers.
A2A payments could be an unintended beneficiary of SCA.
The Swedish company has also appointed Taraneh Derayati as its chief executive officer.
AmEx won initial approval in 2018 for a bank card clearing licence in China.
The bank is working with Billon to build its own tokenisation platform.
“We’re ready to take on the giants,” says Anyday’s CEO.
The two firms will work on Visa’s Fintech Fast Track Program in the Middle East.
Libya’s largest bank signed for the platform back in July 2018.
Delegates that had signed up to attend will be offered a full refund.
Suppliers will benefit from “several hundred million euros” early.
The new system will reportedly clear and risk manage 20 million trades per day.
The pandemic has given fintechs a time to shine.
Swedish krona to be settled by EU-wide payments scheme in a few years’ time.
The paper puts a heavy emphasis on instant payments.
The release will push along deals otherwise on hold due to social distancing measures.
The loss is equivalent to almost 10% of the bank’s annual profits.
More than 4.6 million companies make up the Ariba Network.
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
NSX suspended iSignthis from trading on its platform five months ago.
The swap was piloted between Societe Generale and LBBW.
30 million payments have already been made on the new system.
FinTech Future’s weekly news round-up.
FinTech Future’s weekly news round-up.
Cash management is critical for organisations operating across multiple geographies or multiple lines of business.