Saudi's flagship fintech event | 24 Fintech 2024
FTC's Faisal Kawar will be speaking on several panels at 24 Fintech in Riyadh next week! The MENA region is at an incredible inflection...
FTC's Faisal Kawar will be speaking on several panels at 24 Fintech in Riyadh next week! The MENA region is at an incredible inflection...
The lawsuit accuses the automaker of tricking drivers into sharing detailed driving records that were then sold to insurance companies.
Texas’ complaint against General Motors and its OnStar subsidiary says that beginning in 2015, the automaker sold its customers’ driving...…
A thought-provoking long-form read in the WSJ. Insurance companies will face challenges assessing AI decision-making risks, shifting...
Which companies have all the Nvidia chips? Each Nvidia H100 can cost up to $40,000, and one big tech company has 350,000 of them!
Of course, the list of companies seeking such powerful chips for AI training is long, and likely includes most large technology companies...…
In the 2000s, as a broad economic boom in emerging economies was drawing billions of dollars into their financial markets, author Fareed...
Under the new NFL policy, teams can sell up to 10% of their common equity to PE firms, according to a summary shared by the league. A...
Texas based Layer-1 crypto network raised $5m in new funding led by Cogitent Ventures and MH Ventures.
"By enabling seamless, trustless interactions across multiple chains and supporting fast, low-cost transactions, Quai addresses the pain...…
San Antonio based money movement startup raised $58m in growth funding led by Sequoia Capital and Ribbit Capital.
Orchestration provides simple APIs to easily convert between any two dollar formats (USD/EUR, USDC, PYUSD, USDT, etc.). Issuance gives...…
NYC based developer of the Level stablecoin protocol raised $3.6m in Seed funding led by Polychain Capital and Dragonfly.
Peregrine Exploration is a research and development company that contributes to digital asset projects. The company is currently...…
Government wants to align timetable for rule changes with US and will publish rules on September 12.
The BOE's Prudential Regulation Authority announced Thursday that it "will publish its second and last set of near-final" rules on...…
BNY commercial payments from overseas to businesses and individuals with Australian bank accounts will now be available to the final...
With the January 2025 deadline approaching, Performativ's solution is the first platform dedicated to simplifying compliance with the...
As of June, there were roughly 497,000 so-called retirement-created millionaires in the U.S., according to the wealth management firm....
Carlyle and KKR underlined the trend in July when they bought a $10.1b portfolio of private student loans at auction from Discover...
San Francisco based developer of a Solana restaking protocol raised $12m in Seed funding led by Polychain Capital.
"Unlike EigenLayer and Jito, which initially focus on exogenous AVSs (e.g., cross-chain bridges, oracles, shared sequencers and other...…
New York based digital bank focused on U.S. immigrants raised $21.5m in Series A funding led by Redpoint Ventures.
“With more than half of the team’s technical backgrounds hailing from the likes of Brex and Nubank, we believe Comun’s early technical...…
With a population of over 47m, Uganda has seen its digital economy grow rapidly owing to accelerated smartphone adoption and increased...
The Swedish fintech has already cut its workforce from 5,000 to 3,800 in the past year. Chief executive Sebastian Siemiatkowski told the...
Klarna aims to extend artificial intelligence-driven cuts to its workforce with plans to axe almost half of its staff, as the Swedish buy...
Miami based BTC re-staking platform developer raised $8m in pre-seed funding led by Castle Island Ventures and Hack VC.
SatLayer allows users to earn rewards on their BTC by staking and liquid restaking. Babylon, which recently secured $70 million in a...…
Oslo based provider of SaaS subscription management solutions raised €1.9m in Seed funding led by Skyfall Ventures.
“These businesses face significant challenges in managing their SaaS payments, which represent a critical and growing portion of their...…
New York based Ethereum research firm raised $4.6m in Seed funding led by Cyber Fund.
“Preconfirmations enable users to receive transaction confirmations before they are added to an Ethereum block, which can take anywhere...…
San Francisco based AWS spend management startup raised $30m in Series A funding led by Headlight Partners.
“nOps uses AI and machine learning to analyze compute needs and automatically optimize for efficiency, reliability and cost. For most of...…
The alliance between Simetrik and PwC Chile represents a significant step forward for large companies in Chile, especially those seeking...
Under the Repurchase Program, MoneyLion may repurchase from time to time shares of its Class A common stock for cash through any manner,...
State retirement plan mandates that offer state-run auto-IRAs may be prompting more small employers to offer private market retirement...
Transfiya, developed by ACH Colombia and powered by Minka's technology, has achieved rapid growth, now processing over 25m transactions...
Flutterwave has announced that its online merchants in Nigeria can now accept American Express payments. American Express Card members...
In its Q2 earnings, Walmart said it had used generative AI to create or enhance 850m catalog data entries, a task that would have...
The WSJ warns that the 60/40 portfolio and 4% withdrawal rule, once reliable for retirement, could lead to "catastrophic" outcomes if...
AI-driven coding assistants have attracted nearly $1b in funding, signaling software engineering as the first "killer app" for generative...
Stripe, a closely-watched IPO candidate, will buy back employee shares using its own cash, not outside sources.
The venture capital firm Sequoia Capital offered to buy Stripe shares last month at $27.51 each, valuing the firm at $70 billion. The...…
Apple’s decision to open access to the NFC chip and Secure Element could significantly influence the development of digital identity...
BBVA has significantly ramped up its focus on artificial intelligence, doubling the number of staff dedicated to AI to over 400. Among...
The provision reflects the current estimate of the total fines related to these matters.
"Our remediation program is well underway. TD has strengthened its U.S. [anti-money-laundering] program with the addition of globally...…
As the embedded B2B insurtech solution for the luxury industry, Grâce is redefining care and coverage worldwide. In their new podcast,...
The Hong Kong Monetary Authority encourages banks to test use cases such as improved risk management and anti-fraud efforts.
HKMA chief executive Eddie Yue said the sandbox was aimed at promoting responsible innovation in AI in the banking industry.
New York based cross-border revenue-based financing provider raised $11m in Series A funding led by QED and 645 Ventures.
“ECL is the only revenue-based financing company that evaluates a business’ revenue across every geography to provide a holistic risk...…
Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged...
Jeremy Allaire, the CEO of stablecoin firm Circle, says his firm is planning to introduce tap-and-go payments on iPhones after a move...
Apple will open the contactless payments technology on its iPhone to third-party developers in multiple countries, following regulatory...
Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company's international...
Kenya based HR, payroll, and benefits platform raised $5m in Series A funding led by Norrsken22.
“The shift in customer needs has pushed us to expand our product from being a solid payroll solution to offering a more full-stack HR...…
Vietnam based defi derivatives protocol raised $4m in Seed funding led by Blockchain Capital.
"BSX Earn includes a borrowing and lending protocol where traders can access capital to trade on Base and BSX," said BSX core contributor...…
New York based payroll platform raised $4m in Seed funding led by Y Combinator.
"Through our unique bundled app model and customer-centric approach, we strive to create a streamlined experience to manage all financial...…
São Paulo based financial assistant startup raised $4m in Seed funding led by Lux Capital.
“Our goal is to really build something with a lot of retention first,” said co-founder Luiz Ramalho.
San Francisco based payment operations and optimization startup raised $4.6m in new funding led by Fika Ventures.
"Every feature is designed to eliminate uncertainty and give platforms the insight they need over their payments strategy, performance,...…
Former president Donald Trump on Thursday promoted a soon-to-launch, Trump Organization crypto platform, “The DeFiant Ones” to his 7.5...
Dallas based private credit data analytics platform raised $30m in Series B funding led by WestCap.
“The new capital will help us continue our momentum in deploying integrated solutions and best-in-class service for fund managers in the...…
New York based Ethereum infrastructure startup raised $7.5m in Seed funding led by Paradigm.
"We knew that MEV was extremely pervasive on Ethereum, but it was crazy to see to what extent," said CEO Ludwig Thouvenin.
New York based liquidity layer for web3 trading raised $5m in new funding led by OKX Ventures.
"Amid market volatility, Orderly Network continues to enhance its infrastructure and maintain its growth momentum," said co-founder Ran Yi.
New York based supply chain management platform for hospitals raised $10.5m in new funding led by General Catalyst.
“Our AI-powered platform and data ecosystem, Astra OS, brings hospitals and providers to the cutting edge of technology and helps to...…
Saudi Arabia based e-gifting platform raised $9m in Series A funding led by Derayah Ventures Fund.
“We have doubled our sales growth recently and have increased the number of beneficiaries of our solutions to more than 1.5 million users...…
New York based payments and treasury infrastructure startup for African businesses raised $3m in Seed funding led by Y Combinator.
“It was a bigger problem than I imagined, and I decided to do something about it,” said CEO Maxwell Obi.
Indianapolis based employee financial wellness startup raised $4.5m in Series A funding led by Allos Ventures.
Peter Dunn, the founder and CEO of Your Money Line, noted the importance of the investment in addressing financial instability, a major...…
Zurich based real estate investment planning platform raised $4m in pre-Seed funding led by BitStone Capital.
"We are using this funding to expand our product’s features, enrich data availability, build APIs, automate data onboarding &...…
San Francisco based AI agent payments network raised $8.5m in Seed funding led by Neuberger Berman.
“We want this to be the thing everybody uses when it comes to payments in the AI world,” said CEO Amir Sarhangi.
San Francisco based automated tax and accounting platform for solopreneurs raised $15m in Series A funding led by Zeev Ventures.
“We are democratizing the world of taxes and accounting for solopreneurs and aim to put at least $50bn back into business growth by...…
Utah based returns management platform raised $24m in Series A funding led by Pelion Venture Partners.
"Our software handles the automation of a merchant's returns, exchanges, in-store credits, support tickets etc. It makes it easy for...…
Citi and Network International have formed a referral agreement in which Network will provide omnichannel payment acceptance solutions to...
The Brits are an optimistic bunch! In a survey spanning 25 sports, 27% of Britons believe they could train to qualify for the 2028...
The deal makes Revolut the world's second-most valuable privately owned fintech company, behind Stripe, and also positions Revolut as the...
As sports gambling takes off in the US, turning quickly into a multi-billion dollar business, a worrisome trend is starting to emerge:...
NBC touts the Summer Olympics has been the highest rated primetime program for 152 consecutive nights, dating back to the Closing...
In an open conversation with Startups, Vitor spoke about some of the main challenges of his entrepreneurial journey and the company's...
Through integration with Bitso's multiparty computation (MPC) infrastructure, Coincover will provide non-custodial disaster recovery,...
Decrentralized crypto digital identity security startup raised $5.5m in Seed funding led by Finality Capital and Paper Ventures.
“Web3 must be the space where we provide robust data ownership and secure sharing of personhood, so that nobody can own your data except...…
London based smart accounts infrastructure developer raised $5m in Seed funding led by 1kx.
UAE based provider of business accounts and card programs for SMEs raised $30m in new funding led by Osten Investments.
“Through our innovative solutions and strategic partnerships, we are complementing traditional banking products and providing MSMEs with...…
New York based on-chain risk management tool for DeFi protocols and exchanges raised $55m in Series A funding led by Haun Ventures.
"On average, it takes 72 to 96 hours from the moment that a risk manager detects that changes needed to be made until they're actually...…
Klarna is adding retail-banking services in the US and across much of Europe, expanding beyond its signature buy-now, pay-later offering...
Twenty-six Wall Street companies have agreed to pay $393m to the Securities and Exchange Commission to settle the latest round of charges...
Millennials are now wealthier than previous generations were at their age. They can’t believe it either. The biggest driver of that...
The deals are expanding credit unions’ footprints geographically, while boosting deposits and allowing them to offer a wider array of...
The move comes in the wake of an agreement between Apple and the European Commission (EC) to allow access to the technology on iPhones....
Ethereum Layer-2 based blockchain developer raised $11m in Series A funding led by Archetype.
"Our main competitive landscape is other Layer 2 projects who are trying to improve on speed, scalability and user experience."
India based trade credit platform raised $20.5m in Series D funding led by SMBC's Asia Rising Fund.
"Vayana is a provider of a supply chain finance platform offering a range of trade credit and trade enablement solutions for all the...…
Singapore based investment platform raised $27m in Series C funding led by two U.K.-based family offices, Valar Ventures and Unbound.
"Syfe this year reached profitability in its home market of Singapore, and Arora said its average client’s assets on the platform have...…
Kansas City based pet insurance administration company raised $20.3m in Series A funding led by Avanta Ventures, Liberty Mutual...
Austin based credit decisioning infrastructure provider raised $31m in Series B fudning led by 645 Ventures.
“Setpoint has become a cornerstone in the asset-backed ecosystem, earning the trust of the biggest financial institutions."
Los Angelos based decentralized AI blockchain platform raised $43m in Series B funding led by Pantera Capital, Binance Labs and Polychain...
New York based startup focused on automating 401(k) rollovers raised $19m in Series B funding led by existing investor RRE Ventures.
“This capability eliminates the cumbersome process of managing accounts at multiple IRA companies to achieve true diversification."
California based company providing tools for consumers to settle debt with collectors raised $2m in Seed funding led by McPike Global...
US based liquidity protocol for staked and restaked assets raised $4.8m in new funding led by Gumi Capital Cryptos and others.
“Through Nucleus, any network can provide its users with native yield for ETH, BTC and USD backed assets. Users are able to natively...…
India based cross-border payments platform raised $5m in pre-Series A funding led by Elevation Capital.
“Eventually we want to get into payouts from India and also start working with larger companies supporting all their cross-border payment...…
SF based health care financing startup raised $32m in Series B funding led by NEA.
“I was surprised that [most] BNPL providers didn’t see this massive market as an opportunity for themselves. After getting into it, I...…
New York based data analytics tool for e-commerce websites raised $4m in Seed funding led by Vine Ventures.
“Two of the ten most-installed Shopify Plus apps are on-site analytics tools, and that’s incredibly telling. The ecosystem wants to know...…
Montana based B2B cross-border payments startup raised $6m in new funding led by Helios Digital Ventures.
Raleigh based CRM software startup raised $15m in Series D funding led by Harbert Growth Partners, Northwestern Mutual Future Ventures,...
California based revenue operating system for airline and transportation companies raised $225m in Series D funding led by WestCap.
“Much of the travel industry has been technologically stagnant for years, reliant on a handful of legacy incumbents with limited capacity...…
The offering comes as traditional financial services and blockchain-based digital assets are getting increasingly intertwined. The...
The Biden administration is asking the Consumer Financial Protection Bureau to look at banks’ use of chatbots and to address customer...
Congratulations to portfolio company Octane for being named to the Inc. 5000 list of the fastest-growing private companies for the third...
The new fund will continue investing in early-stage tech-enabled companies in Southeast Asia with pre-launch, pre-seed, and seed capital,...
German development bank KfW has selected Boerse Stuttgart Digital as infrastructure partner for its new blockchain-based digital bond....
Hans-Christian Zappel, CEO and co-founder of IMMO, a tech-enabled platform providing data on potential housing investment opportunities,...
Austin based comparison marketplace for extended car warranties raised $3.7m in Seed funding led by ResilienceVC.
We believe everyone should have breakdown protection for their car after their factory warranty expires.
U.K. based payroll and payment solution raised $120m in new funding led by Blue Owl Capital.
Our focus on payroll and payment offerings resonates very well with our esteemed global clientele.
Egypt based credit product company raised $3m in Series A funding led by Lorax Capital Partners, KEM and DisrupTech Ventures
The traction built by the Lucky ONE over the past 5 years has geared us to take the next step towards offering a comprehensive range of...…
Egypt based digital lending marketplace raised a USD seven-figure pre-seed round led by White Field Ventures and Vastly Valuable Ventures.
This investment will allow us to further enhance our services, as well as accelerate our plans for expansion in KSA and the region.
The Brazilian Securities and Exchange Commission (CVM) has approved a Solana-based exchange-traded fund (ETF), the agency disclosed in...
Flutterwave remains committed to the development of African tech talents as the leading African payment technology company drives its...
The executive appointments were made to expand Embroker’s digital insurance platform and advance its mission to further modernize the...
India based AI accounting firm raised $2m in Seed funding led by Kalaari Capital.
Globally, automating functions that pertain to the CFO’s office, remains a challenging and complex endeavour. With proprietary...…
Seychelles based blockchain analytics platform raised $3m in Seed funding led by 1kx.
We are on the way to becoming the main platform for verifying all information on blockchains and exploring dApps in a safe way. As one of...…
Australia based AI decisioning platform for business and commercial lenders raised $5.9m in new funding led by Acorn Capital.
Our recent partnership with nCino and M&T Bank highlights our commitment to expanding our footprint and delivering a cutting-edge AI...…
New York based fintech for recreational purchases raised $50m in Series E funding led by Valar Ventures.
Octane’s digital tools and broad credit coverage have propelled us to become a leader in our initial market of powersports and gain...…
California based impact investing platform raised $1.75m in pre-seed funding led by Myriad Venture Partners
We built the Climatize platform to enable anyone to become an active stakeholder in the energy transition by investing directly in...…
Ohio based revenue recognition solution raised $2.5m in Seed funding led by Motivate Ventures, Anthemis and Rev1.
Unlike current 'Revenue Management' tools on the market, HubiFi is built to handle not just the 'happy path' use cases. We actually...…
Canada based medical records and insurtech company raised CAD$4.5m in new funding led by CIBC Innovation Banking.
The soft-drink maker has been hiding “astronomical levels” of profit in low-tax countries including Ireland to shield it from the US...
Seattle based home-financing startup raised $12.4m in Series A funding led by Third Prime and Fortress Private Equity.
It aims to help streamline the process of making improvements on a house before it goes on the market, including the ability for...…
United Arab Emirates based liquidity and trading layer raised $2.5m in pre-seed funding led by Masterblox.
Our recent funding grants our team the power to implement innovative solutions and features that address the challenges of traditional...…
San Francisco based AI-driven financial advisory platform raised $2m in Seed funding led by Morado Ventures and New Enterprise Associates.
PortfolioPilot.com is a next generation financial advisor that empowers individuals to take control of their finances. With over 22,000...…
India based Defi infrastructure company raised $4m in new funding led by Taisu Ventures and G20.
We’re excited to support Zoth’s vision for Real World Assets, bridging TradFi and DeFi. Their strategic approach and execution give us...…
Brazil based receivables marketplace raised $11m in Series B funding led by L4.
Any company that has issued an invoice will be able to transform it into a financial asset. It will be enough to register it and then use...…
New York based platform for financial advisors raised $15.5m in Series A funding led by Canvas Ventures.
As advisors increasingly pursue independence, we see a strong opportunity to partner with those who want to provide their clients with a...…
France based provider of a decentralized cryptocurrency lending protocol raised $50m in new funding led by Ribbit Capital.
We've been ready for a few months to take DeFi to the general public, but we still lacked the institutional partners to make it happen....…
New York based credit card for rental rewards issuers raised $150m in new funding led by Ontario Teachers' Pension Plan.
We're rapidly growing our neighborhood loyalty program, expanding into essential categories like healthcare, gas, and groceries. With...…
The Wall Street giant has started allowing certain asset-management clients—namely insurance companies—to invest alongside it when it...
Philippines based e-wallet startup raised $393.07m in new funding led by Ayala and MUFG Bank.
The Philippines has a high mobile phone and internet penetration, creating a solid foundation for the development of digital financial...…
MoneyLion is enjoying a successful pivot from a neobank to what is essentially a consumer and business financial services portal and...
The high-stakes battle centers on a new standard for financial advice affecting the nearly $1t a year rolled over from employer-sponsored...
When Musk initially acquired the social networking app formerly known as Twitter, he envisioned a platform where users could store money...
The probe into “cash sweep” accounts comes as a number of companies have increased the interest they are paying clients. But the rates...
The license will accelerate the German company’s expansion across Europe while enabling the company to support more customers and launch...
The all-cash deal includes a future additional contingent consideration of up to $100m and is forecast to close by the end of this year,...
This marks a significant milestone for Ziina, enabling it to rapidly expand its range of specialized financial services and reinforcing...
The capital will fuel Octane's expansion into new markets, supercharge its growth in existing markets, and position the company even more...
Tech giant Apple has sought to expand its payment services, adding an Apple Pay buy now, pay later feature and extending tap-to-pay...
With over 10m customers, Monzo, founded in 2015, said it means that one in five adults in the UK are using Monzo. Monzo has been busy...
MoneyLion recorded record revenue of $131m, up 23% YoY and net income of $3.1m for the second quarter of 2024 versus a net loss of $27.7m...
Decentralized crypto lending platform raised $50m in funding led by Ribbit Capital.
“Our ambition has always been: how do we break out of DeFi?” Frambot said in an interview with CoinDesk. “How do we make sure that...…
New York based loyalty program Bilt raised $150m in funding led by Ontario Teachers' Pension Plan Growth.
"In January, we recognized Bilt's unique capture of loyalty in the previously untapped rental payments space. Today, Bilt is rapidly...…
Miami based climatech company raised $2.3m in seed funding led by Coinfund.
“There is a significant, unmet need for high-quality weather, air quality, and soil data that can equip businesses, utilities, insurers,...…
Hong Kong based trading company raised $2.5m in seed funding led by UOB Venture Management, Signum Capital and Mantle Network.
“At Pichi Finance, we’re dedicated to unlocking the value of points in decentralized finance by creating a trustless marketplace for...…
Singapore based IoT transaction company raised $3.3m in seed funding led by Granite Asia (formerly GGV Capital), Farquhar VC, SUTD...
Crypto proprietary trading company raised $4.5m in seed funding led by RockawayX.
"In both the evaluation stage and funded stage, trading takes place in a live market environment with notional funds. If a trader passes...…
Mexico City based neobank raised $5.5m in seed funding led by Krealo.
“Despite countless attempts by fintech and neobanks, the smartphone is not a universal solution to offer financial services to those who...…
Lithuania based mobile banking app raised €6.5m in seed funding led by Graphit Lifestyle.
BoBo aims to expand its business across Europe by targeting family offices, yacht companies, private clubs, and concierge services in the...…
Toronto based FX payouts company raised $10.7m in Series A funding led by Galaxy Ventures.
Our diverse customer base, ranging from non-bank financial institutions and traditional banks to neobanks and enterprise organizations,...…
Slovenia based BNPL company raised €10m in Series B funding led by BlackPeak Capital.
Leanpay is celebrated for its seamless user experience, which markedly contrasts with traditional financing methods. The platform offers...…
Primary Portal, a digital platform that aggregates and digitises equity capital market processes for banks and asset managers, has...
Mid-sized US accounting firms are reevaluating their global strategies to better integrate operations and leverage new financial...
Revolut, a London-based company valued at over $40B, has struggled to gain traction in the US but thrives in Europe, offering diverse...
The arrival of Bitcoin and Ether ETFs on US markets this year raises the question of which cryptocurrency is next. Solana, known for its...
Despite progress, UK payments can still improve. Countries like India, Brazil, and Sweden enable direct bank payments using mobile...
In this newly-created-role, Fernald will take over the day-to-day management of the company's successful Powersports and Outdoor Power...
The AFC is the premier industry association representing responsible fintech companies and innovative banks. MoneyLion joins the fastest...
The milestone marks a significant expansion of Flutterwave's operations in Africa, enabling the company to offer a comprehensive suite of...
California’s DMV digitized tens of millions of car vehicle titles registered in the state using blockchain technology, in part to serve...
As a free user, you can like posts.
To repost this post to your own Passle blog, you will need to upgrade your account.
For plans and pricing, please contact our sales team at sales@passle.net