Levit Raises $46 Million
Seoul-based e-commerce company Levit, the operator of the Alwayz shopping app, announced the raising of investment funds for $46 million following the results of the Series B financing round.
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Citigroup Reportedly Reviews Deal With Metaco to Develop Digital Asset Custody
The media reported that the American financial conglomerate Citigroup is currently reviewing the concept of its partnership with the Swiss custodian of digital assets Metaco.
TikTok Dangles Zero Seller Fees Ahead of US Marketplace Debut
The TikTok video application, which is part of the ByteDance ownership structure, has begun positioning itself as a free trading platform within the framework of seminars and meetings with Chinese manufacturers and exporters.
‘Customer Experience Above All’ Says Yuriy Batkhin, Mastercard’s VP for BD in Ukraine and Moldova
Ukraine is actively transitioning to digital payments, leaving cash in the past. This process and the role that Mastercard—one of the trendsetters in payment innovations—plays in it are discussed below. Despite the full-scale war in Ukraine, innovative technological solutions are being intensively implemented in the payment sector, and Ukrainians are increasingly refusing cash and using […]
Mastercard Empowers Consumers to Unsubscribe From Unwanted Services
A new joint solution by Mastercard and Subaio offers a simple, secure way to identify unwanted recurring payments and unsubscribe from them via banks’ trusted apps and online servicing
HK Virtual Insurer OneDegree Raises $27 Million in Funding Round
Virtual insurance company OneDegree Hong Kong announced the raising of investment funds, the amount of which amounted to $27 million.
SmartMetric Launches Biometric Security Solution for Credit and Debit Cards
SmartMetric has developed a solution to ensure the security of credit and debit cards.
Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
Sardine, a company that specializes in preventing fraudulent activity, has created an independent consortium to combat similar crimes committed in the field of payments.
WhatsApp Business Gains 150 Million Users in 3 Years
Meta reports that currently the monthly number of active users of the WhatsApp business application exceeds the 200 million mark.
CaixaBank Launches Virtual Account FX Service
The new FXWallets service by CaixaBank provides business customers with virtual accounts to send and receive international payments in multiple currencies
How to Optimize Your Budget in Digital Marketing: How a Performance Marketing Agency Can Help
As businesses determine their marketing budget, whether through traditional means, following trends, or custom formulas, the trend indicates a growing allocation towards digital marketing each year.
Finastra Completes FedNow Certification
Finastra has become one of the first vendors in the financial services industry to complete the process of testing and certification for the FedNow – Federal Reserve’s new instant payments service to launch this July
Amazon Gives Merchants Free Business Prime Duo Access
Amazon Business has announced its intention to simplify the purchase process for small business owners.
Flatpay Raises $16 Million for Flat-Rate POS Technology
The Danish fintech company Flatpay has raised investments for about $16 million as part of a Series A financing round.
Leap Raises $15 Million to Enhance Retail Platform
The Leap retail platform announced that it managed to raise investment funds for $15 million.
Swiss National Bank Preps Wholesale CBDC Test
The central bank of Switzerland intends to issue a wholesale digital currency.
Fintech & Ecommerce
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