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Tag: BankingTech

Crypto.com gains new licences in South Korea via two acquisitions

Global cryptocurrency platform Crypto.com has secured Electronic Financial Transaction Act (EFTA) and Virtual Asset Service Provider (VASP) registration in South Korea through the acquisitions...

CFPB investigating Goldman Sachs over credit card practices

Goldman Sachs’ credit card business is being investigated by the Consumer Financial Protection Bureau (CFPB), the company disclosed in a quarterly filing. CFPB investigating Goldman...

Does a recession lead to more financial fraud?

The last few years have left the world reeling. A pandemic and wars have scarred the earth, and a global recession is imminent. Recession brings...

Digital makes the world go round: a reflection

Regardless of what form money takes, throughout history, money has enabled the development of social and economic systems in different civilizations. It allows us...

Passive micro-investing app upnup launches in South Africa

South African passive micro-investing app – Africa’s first – upnup, has launched offering users the ability to accumulate savings in either Bitcoin or South...

CIBC partners MX for fintech customer data access agreement

Canadian banking heavyweight CIBC has entered into a data access agreement with B2B data exchange MX. CIBC enters into data access agreement with MX The arrangement will...
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Indian wealthtech platform Dezerv bags $21m Series A

Mumbai-based wealth management firm Dezerv has bagged $21 million in a Series A funding round led by Accel Partners. Dezerv raises $21 million Series A...

Embedded finance start-up Parafin raises $60m Series B

Fintech infrastructure start-up Parafin has raised $60 million in a Series B financing round led by GIC, Singapore’s sovereign wealth fund. Parafin raises $60m Series...

Digital lending platform Auxmoney secures €500m to fund new loans

German digital lending firm Auxmoney has secured a €500 million credit line to fund new consumer loans on its platform. Auxmoney CEO Raffael Johnen The financing...

Singapore’s UNOAsia raises funds ahead of digital bank full launch

Singapore-based fintech company UNOAsia, the primary incorporator of UNO Digital Bank in the Philippines, has secured $11 million in a pre-Series A round. UNO Digital...

Plugging in: financial services in the metaverse

If there’s one industry buzzword this year that is on almost everybody’s lips, it has to be ‘metaverse’. Since social media giant Facebook rebranded...

UK challenger Recognise Bank appoints new CEO, Jean Murphy

Recognise Bank, a UK-based digital bank for small and medium-sized enterprises (SMEs), has appointed financial services veteran Jean Murphy as its new CEO. Recognise appoints...
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