Revolut Reports First Annual Profit
Financial technology company Revolut, which specializes in providing banking services, has received its first annual profit.
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Wise Rebrands As Customer Numbers Reach 16 Million
Money transfer company Wise has updated its design.
Citi Invests in Financial Crime Risk Management Vendor
Quantifind, a provider of financial crime risk management technology based on artificial intelligence, announced the attraction of investment funds for $ 23 million following the results of the financing round.
Intesa Sanpaolo Signs Strategic Deal With IBM
One of the largest Italian banks Intesa Sanpaolo announced the signing of an agreement on strategic cooperation with IBM.
Walmart Teams Up With Citi on Digital Lending Platform
Walmart and Citi introduce a digital lending platform that connects the retail giant’s network of 10,000 US-based small business suppliers with 70+ lenders that may provide loans of up to $10 million
Polygon Introduces Decentralized Zero-Knowledge ID Product
One year after the launch of the Polygon L2 protocol in a closed environment, the blockchain presented its decentralized ID solution that uses zero-knowledge proofs (ZK proofs)
BNPL Provider Zip Exits Markets and Sells Assets in a Rewind of Global Expansion Plans
Australian BNPL firm Zip has reconsidered its plans for international expansion after a 95% stock slump
Forex Compounding Strategy: Optimize Your Trading With A Plan
The long-term goal of forex traders is to establish a solid structure or strategy that will ensure consistent profitability. There are several effective ways to build a steady trading structure for yourself, but one of the simplest is the forex compounding strategy.
Fintech myPOS Launches New Products for SMEs
UK-based fintech platform myPOS has launched the next generation of myPOS Go device that allows even micro SMEs to take their business to the new level
Hundreds of Bitcoin ATMs Go Off the Grid in 60 Days
In January 2023, the global Bitcoin ATM network declined by 289 machines, with the number of crypto ATMs further cut down in February by 123 machines
Mastercard and Google Launch Google Pay in Kuwait
Mastercard joined Google to strengthen digital payment capabilities in Kuwait with Google Pay offering
E-commerce Aggregator Una Brands Lands $30 Million
Una Brands, a Singapore-based e-commerce aggregator, announced the attraction of investment funds for $ 30 million following the results of the Series C financing round.
Remitly Ditches Banking App Passbook
Remitly, a company that specializes in money transfers, is closing Passbook, an online bank account for immigrants from the United States.
Mantl Signs Financial Plus Credit Union
Financial Plus, a $1.2 billion credit union with 11 branches in Michigan, announced the start of a partnership with Mantl, a leading provider of account creation solutions.
UK Challenger and Specialist Bank SME Lending Hits Record High
In 2022, applicant banks and specialized banks in the UK provided more loans to small businesses than traditional large players in the relevant services market.
First Fidelity Bank Unveils BaaS Offering
First Fidelity Bank (FFB), a 100-year-old community bank headquartered in Oklahoma City, announced the launch of a next-generation Banking as a Service (BaaS) product.
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