News - page 217

Fintech & Ecommerce

South Africa’s Peach Payments Raises $31 Million

The South African company Peach Payments, which specializes in providing financial services in the field of online payments, announced the receipt of additional funding in the amount of $ 31 million from Apis Growth Fund II.

Science & Technology

Santander and Microsoft Launch AI Challenge

Banco Santander announced the establishment of partnerships with Microsoft and the Oxentia Foundation in order to solve the global problem of representatives of the business community who use artificial intelligence to launch processes of positive changes in society.

Fintech & Ecommerce

Portrait Analytics Raises $3 Million for Generative AI Investment Research Platform

The startup Portrait Analytics reported that it managed to attract investments in the amount of $ 3 million in the form of pre-financing.

Blockchain & Crypto

PostFinance Bank to Offer Crypto Services

Swiss government-owned bank PostFinance is partnering with Sygnum Bank to enable its 2.5 million customers to buy, store and sell bitcoin and ether

Finance & Economics

Apple to Open Its First Retail Store in India

Apple is currently preparing to open its first retail store in India.

Fintech & Ecommerce

Finanzguru Raises $14 Million to Bolster Financial Advice Platform

The German company Finanzguru announced that it managed to attract investment funds for $ 14 million following the results of the next round of financing led by PayPal Ventures.

Finance & Economics

SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan

In the United States, federal regulators said that the founder of a student financial assistance company, Frank, committed fraudulent actions against one of the largest banks in the country.

Finance & Economics

Amazon Cuts Over 100 Games Division Jobs

Amazon has laid off more than 100 employees of its gaming division and reassigned workers to other structural units.

Finance & Economics

UAE Сentral Bank Selects Technology and Legal Partners for CBDC Project

The UAE Central Bank (CBUAE) has chosen Clifford Chance, R3, and G42 Cloud as partners in the implementation of the digital currency creation project.

Fintech & Ecommerce

Private Banking Startup Kashet Raises £5.4 Million

Kashet startup, whose offices are located in the UK and Switzerland, came out of hiding after raising £5.4 million in investment funds following the results of an entry-level funding round.

Blockchain & Crypto

Lloyds Bank to Move Trade Finance Documentation to Blockchain

Long-term partnership with Enigio will enable Lloyds Bank to digitise its trade finance documentation, delivering faster, more affordable, flexible, sustainable and secure blockchain solutions for its clients

Fintech & Ecommerce

Bunq Eyes US Market: Applies for Licence

Dutch neobank bunq is “bringing the bank of The Free to the land of The Free” with a new application for a banking licence with the FDIC

Fintech & Ecommerce

Google Pay to Reimburse the Price Drop Difference for Travelers

The new Google Pay function, currently launched in pilot mode, allows travelers to get their money back in case the flight ticket price drops after their booking

Fintech & Ecommerce

Moni Introduces Community-Powered Loans for African SMEs

Moni is pioneering a community finance model in African communities to improve access to loans and other financial services for local small business owners

Finance & Economics

CFPB Issues Warning to Abusive Consumer Finance Firms

The U.S. Consumer Financial Protection Bureau (CFPB) on Monday, April 3, issued a statement explaining the ban on misconduct in the consumer financial market.

Fintech & Ecommerce

Walmart Debuts Website and App Redesign for Optimized Omnichannel Experiences

Walmart has presented a new version of its mobile app and an updated website.