Tap Global sets up US expansion through Zero Hash partnership
The UK-based cryptocurrency app intends to complete its US expansion by Q4 2023.
The UK-based cryptocurrency app intends to complete its US expansion by Q4 2023.
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
The latest fundraise comes months after AlphaSense secured $100m in Series D funding led by Alphabet’s CapitalG.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The New York-based firm intends to invest the funding into its wealth management portal and talent.
The partnership intends to accelerate the pace of digital banking transformation throughout the Levant region.
Marco Tedone, the firm’s new CTO, spent almost 12 years leading API strategy for HSBC.
With the new funding, Traydstream plans to double down on its growth and enhance its AI-led platform.
The investment follows one year after PortX raised $10 million in its Series A funding round.
Slope plans to leverage new investor Sam Altman’s “extensive” AI experience to scale its platform.
The department claims to have suffered $247 billion in financial losses last year due to “improper payments”.
The bank’s new service seeks to benefit its corporate clients’ inter-bank connectivity and cash management processes.
White is currently serving as CEO at Galileo Financial Technologies, a US-based payments and banking platform.
The launch arrives in tandem with the bank’s documentary trade suite, ABC Trade.
With a career spanning more than 15 years, Bell brings a “rare wealth of experience” to her new role, Rimes says.
The round was led by Framework Venture Partners, with participation from additional investors.
Keller joins Onfido from Europe’s Visable Group, where he served as CTO for over six years.
The news was announced at the Sibos conference, which is being held in Toronto, Canada, this year.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Jon Daplyn joins as chief information officer and Hari Godbole as vice president of engineering.
The UK banking giant has also announced the launch of HSBC TradePay, a document-free digital trade finance solution.
Through the partnership, both firms aim to provide their customers with “more choice” when sending money globally.
RevTags, already available to Revolut’s retail customers, is now being rolled out to its business customers globally.
Along with the funding, Flex has also launched its finance app catering to underserved small business owners.
Gusto says its solution allows Chase’s payroll processing to become “significantly simplified”.
The funding came from Kedaara Capital, and existing backers Warburg Pincus and Bessemer Venture Partners.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The money will be spent on the development of Treasury4’s Entity4 and Cash4 solutions and also partnerships.
The round was led by Fin Capital and Vertex Ventures Southeast Asia and India.
FundBank will automate its custody and portfolio management operations with Profile’s Axia Custody solution.
Molez previously served as head of data and AI strategy for Société Générale from 2019 to 2023.
The solution seeks to help small business owners avoid making a “large upfront investment”.
The US bank first bought a stake in C6 in June 2021.
MoonPay Ventures will focus on early-stage fintechs and Web3-focused start-ups.
PandaDoc clients can now “manage, collect and report on invoices alongside their contracts, all in one location”.
Lighter Capital is aiming to fund “hundreds” of early-stage technology companies.
US Army Reserves veteran Gantt-Evans will lead the firm’s global corporate and product security strategies.
BMO is the first global Mastercard issuer to offer contactless virtual cards through Extend.
Welch brings more than 20 years of experience in banking and financial services to her new role.