IPO Fundraising Falls 70% Amid Banking Crisis
The global initial public offerings market has faced difficulties amid turmoil in the banking sector.
Fintech & Ecommerce - page 72
Paytm to Reapply for Payment Aggregator Licence
Indian fintech Paytm is allowed by the country’s banking regulator to reapply for a payment aggregator licence after having the first one denied
Raisin Raises €60 Million Series E Funding
Fintech company Raisin announced the attraction of investment funds for 60 million euros following the results of the Series E financing round.
PayPal Rolls Out Passkeys for Google Android Devices
PayPal has started implementing passkeys for Google Android devices.
Klarna and OpenAI to Use ChatGPT as Shopping Assistant
Klarna announced the beginning of cooperation with OpenAI.
MangoPay Acquires WhenThen
MangoPay, a European provider of payment technologies for marketplaces and platforms, announced the acquisition of WhenThen.
Checkout.com Launches Card Issuing
Payments solution provider Checkout.com has introduced a card issuing service, enabling businesses to go live with their branded card programmes, issuing both physical and virtual cards
Two Raises $19.4 Million for Global B2B Payments Solution
Two announced the attraction of investment funds for 18 million euros (about $ 19.4 million).
Curve Introduces Wearable Payments
Curve, an all-in-one financial app, is bringing wearable payments technology to the UK
Mastercard Integrates With a Stablecoin Digital Wallet
Mastercard collaborated with the Australian stablecoin platform Stables to allow retail customers in the APAC region to spend their stablecoins
Xiaomi Applies for Patent Enabling Contactless QR Payments on AR Glasses
Chinese designer and manufacturer of consumer electronics and related software Xiaomi has filed a patent for a QR code payment technology linked to its wearable augmented reality (AR) glasses
Mastercard Acquires Baffin Bay to Strengthen Cybersecurity
Mastercard acquired the cloud-based cybersecurity company Baffin Bay Networks to improve its resiliency against cyber-attacks with new AI ‘Cyber Shield’
ForwardAI Debuts Update to Small Business Lending Solution
Business data FinTech ForwardAI has presented a new version of its Precise API tool, which can be used to optimize financial solutions.
Intellect Design Arena Launches eMACH.ai Open Finance Platform
A multi-product fintech company Intellect Design Arena has introduced a cloud-native open finance platform eMACH.ai, powered by AWS and embedded with AI
Tamara Secures Debt Financing to Expand BNPL in GCC Region
Tamara has secured $150 million in debt financing for its shopping and payments platform.
VR Payment and Hawk AI Join Efforts to Prevent Financial Crime With AI
VR Payment, part of the cooperative financial group Volksbank Raiffeisenbanken and DZ BANK Group, partnered with AML and fraud prevention software provider Hawk AI to fight financial crime
Fintech & Ecommerce
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