$30 million investment secured by Paystone to accelerate growth LeapRate

July 27, 2021 BY Alan Sayer

$30 million investment secured by Paystone to accelerate growth

The tools that Paystone provides are also aimed towards businesses attempting to recover from any Covid-19 related issues. As contactless and online payment numbers have increased during the global pandemic, Paystone has attempted to provide businesses with the opportunity to continue trading by offering these services. Paystone believes taking on this additional investment will enable…

June 24, 2021 BY Steffy Bogdanova

Technology provider for Forex and CFD brokers EXINITI enters the market

Mohamed Rashad, CEO and founder of EXINITI commented: EXINITI was founded because there was a gap in the market in terms of technology related advancements and support for financial services. EXINITI provides everything a Forex and CFD brokerage requires to get set up correctly from day one. We have also perfected the solutions needed to…

May 24, 2021 BY Steffy Bogdanova

Fintech Plaid teams up with payments firm Square

Square’s tokenized check system uses Plaid to allow customers to securely connect their bank accounts for bank payments. This verification option enables customers to quickly enter their bank login credentials to connect an account to enable payments. Additionally, Square offers no fee refunds on ACH payments they process to make ACH acceptance even easier. Dennis…

May 20, 2021 BY Steffy Bogdanova

Vise secures $65 million in series C funding round

Samir Vasavada, Co-Founder and CEO of Vise, said: In 2020, we successfully focused on strengthening our foundation, and now in 2021 we are focused on scaling Vise to make it an even more valuable platform for advisors and their clients. In the past year, our assets under management have grown by more than 60x and…

May 10, 2021 BY Steffy Bogdanova

Former LSE CEO Xavier Rolet to launch $300 million blank cheque company

Xavier Rolet, who left LSE in 2017, stated in his paper that: The UK needs to promptly consider the Spac revolution. Whilst there are significant differences between our markets and those in the US, the appetite for permanent listed capital on the part of ambitious UK and European entrepreneurs and innovators is no less than…

February 04, 2021 BY Steffy Bogdanova

Broadridge launches Post-trade FastStart

Danny Green, Head of Post-trade at Broadridge International said: Brokerage firms are facing increasing client demand for a wider variety of products and services, while also dealing with rising system infrastructure costs, ongoing market and regulatory change, and increased risk due to inadequate legacy technology. Firms need to transform their operations to be ready for…

February 04, 2021 BY Steffy Bogdanova

United Fintech enters Market Data & RegTech space with 25% stake in TTMzero

TTMzero’s team consists of 25 technology specialists in Berlin and an client base with over 20 large financial institutions, including two of the world’s largest investment banks. Christian Frahm, Founder and CEO, United Fintech explained: We are very excited that TTMzero is now part of United Fintech. They are market leaders in their field, with…

November 12, 2020 BY Steffy Bogdanova

Launch of United Fintech to transform banks & fintechs in capital markets

The Team Tom Robinson has been named Partner & Head of Sales. He joins United Fintech from Jefferies where he served as Managing Director and Head of e-FX Sales. Robinson’s career includes almost a decade at Goldman Sachs as Managing Director and Global Head of e-FX Sales. He has also held sales roles at Barclays…

September 21, 2020 BY Steffy Bogdanova

Fintech firm Neo introduces new multi-currency account for SMEs

Another advantage of the new accounts are their low fees. Treasurers are used to paying sizeable commissions and rates, much higher than interbank rates. Neo’s average trading fees vary between 0.05% and 0.25%. Laurent Descout, CEO and Founder of Neo, commented: The fintech revolution has impacted many areas of financial services to date, but corporate…

August 27, 2020 BY Steffy Bogdanova

Finastra helps VPBank migrate to a new treasury system and grow its financial market division

Fusion Kondor allows banks to trade high volumes of treasury while also offering flexibility to support more complex derivatives, options and structured trades. The solution’s integration with existing systems and applications is easy. Fusion Risk offers a fully automated, end-to-end IFRS9/CECL solution. It is integrated with Finastra’s core banking, lending and trading solutions. It also…

Category: Fintech