Trade Finance Platform Marco Secures $200 Million Credit Facility
Marco announced the receipt of a $200 million credit line from MidCap Financial, a leading mid-market lender and a specialist in private loans based on Castlelake global assets.
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Startup Zipzero Raises £1 Million
Zipzero, a British consumer app, has announced that it has managed to attract initial funding of 1 million pounds.
Payments Intelligence Startup Pagos Raises $34 Million
Pagos, a payment analysis startup, announced the attraction of $34 million in investments following the results of the Series A funding round.
Banco Sabadell to Sell Payments Arm to Nexi
Spanish bank Banco Sabadell announced the sale of 80% of the shares of its Paycomet payment division to the Italian company Nexi.
Klarna to Introduce Charges for Late Payments
Swedish fintech company Klarna has announced the start of charging late payments from customers in the UK.
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Paysend and Transformify Launch On-Demand Payroll Services
British fintech Paysend and payroll platform Transformify have teamed up to provide seamless payroll on-demand payments for contractors and vendors
Japanese Banks to Enter Metaverse Economic Zone
Leading Japanese banks and tech companies have joined a metaverse infrastructure project to provide payments, authentication, and insurance services for users across platforms
PayU Launches 3DS2 SDK for Indian E-Commerce
Indian payment aggregator PayU to offer 3DS2 software development kit (SDK) for all domestic and international transactions to resolve the issues of transaction security and speed
A Year of War in Crypto: Report Reveals Amount of Crypto Donations Sent to Ukraine and Russia
Ukraine has received over $70 million in crypto donations since the start of the full-scale Russian invasion, however, pro-Russian military groups also used cryptocurrency to fund their war efforts
Hydranet Staking is Happening Without Short-Term Rewards
Hydranet DAO has reduced staking APY to 0%, and users support it.
Indian Fintech CRED Adds New Offerings
CRED introduces the Buy Now, Pay Later service and the one-touch payment feature.
Sequoia Backs Off App Citizen
Sequoia Capital has stopped funding the app to track the security situation.
Belfast Awards £18.9 Million Grant for Cyber AI Hub
The Minister of State of Northern Ireland, Steve Baker, announced the decision of the UK government to allocate investment funds for 18.8 million pounds for the development of the security industry in this country.
Circle and Citizens Trust Bank Partner on Digital Financial Inclusion
Citizens Trust Bank has announced plans to hold $65 million in cash reserves in US dollars (USDC).
OpenWallet Foundation Announces 37 Backers for Digital Wallet Project
The Linux Foundation Europe’s initiative to create an open-source engine was implemented with the support of 37 private, non-profit, academic, and government organizations.
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