Finance & Economics - page 65

News

BofA Financial Planning Tool Proves Hit

More than 10 million customers have used the Bank of America Life Plan financial planning tool since its launch, which took place two and a half years ago.

Fintech & Ecommerce

Bud Branches Out Into USA

The British fintech open banking company Bud has hired a team of executives who will deal with the issues of the firm’s entry into the US market and its further promotion in this region.

News

Alibaba Prepares IPO for $20 Billion Logistics Unit

The media reports that Alibaba Group plans to take its logistics business public.

News

Web3 Protocol Polytrade Raises $3.8 Million to Improve Global Trade

Polytrade, a web3 protocol focused on global trade, announced the attraction of investment funds in the amount of $ 3.8 million following the results of the initial funding round.

Blockchain & Crypto

Crypto Wallet Manufacturer Ledger Values at $1.4 Billion

Ledger, the manufacturer of cryptocurrency wallets, announced a new round of attracting investment funds for the expansion of the C series.

News

Binance Joins FIDO Alliance Preparing to Implement Passkeys

Binance has aligned with the FIDO Alliance dedicated to the development of passwordless authentication standards

News

Mizuho and Line Ditch Mobile Bank Plan

Mizuho Financial and messaging app Line announced the temporary abandonment of plans to create a mobile bank.

News

U.S. Fines Wells Fargo Nearly $100 Million

In the US, Wells Fargo was fined $97.8 million due to violations related to sanctions.

News

H&M Says Tech Investments Help Sales Climb 12%

The Swedish chain of clothing stores H&M recorded an increase in sales and an unexpected increase in profits.

News

Novo to Launch Working Capital Program for Small Businesses

Novo reported on the results of the pilot program of replenishment of working capital, which is intended for small businesses.

News

Japanese VCs Join €3 Million Growth Round in Sweden’s Open Payments

The Swedish fintech company Open Payments announced the completion of a round of financing for 3 million euros.

News

Paytrix Secures $18.3 Million Series A Funding

Paytrix, an embedded payments company for fast-growing vertical software platforms, announced that it managed to raise $18.3 million in investment funds following the results of the Series A funding round.

News

LeapXpert Raises $22 Million for Finserv Messaging Platform

LeapXpert, a provider of business communication solutions, announced the attraction of investment funds in the amount of $ 22 million following the results of the Series A+ financing round.

Fintech & Ecommerce

Fintech Farm Launches Neobank in Vietnam

A new fintech product from Fintech Farm that came to the Vietnamese market has Ukrainian roots 

Blockchain & Crypto

Xapo Bank and Circle Integrate USDC Payment Rails as Alternative to SWIFT

Xapo Bank partnered with Circle to offer USDC deposits and withdrawals in an attempt to bypass the cumbersome and expensive SWIFT payment system

News

Climate Data Fintech Connect Earth Seals £4.65 Million Investment Round

Gresham House Ventures has announced the completion of a round of investments in the amount of 4.65 million pounds.

Finance & Economics