Business - FinTecBuzz

Progcap raises US$40 mn in investment round led by notable players

June 29, 20224 min

Creation Investments, a global alternative asset manager and leading impact investor in emerging markets, today announced it has led a US$40 million private equity investment in Progcap, a pioneer in corporate-led financing solutions for small and mid-size businesses (SMBs) in India. Existing investor Tiger Global Management is also leading this Series C extension investment round along with Google, a new investor. Existing investor Sequoia Capital India also participated. To date, Progcap has raised approximately US$100 million in equity and will...

by BusinessWire

Payments

Airwallex Launches Global Payment Services in New Zealand

June 29, 20225 min

Leading financial platform Airwallex today announced the launch of its global payment services in New Zealand. The launch will enable businesses in New Zealand to tap into Airwallex’s global payments services, offering a faster, more cost-effective and transparent alternative to traditional banks. Businesses in New Zealand now have access to key Airwallex offerings including international collections, multi-currency wallets in over 11 currencies, and local payouts in over 30 currencies. The full suite of Airwallex’s global products, including...

by PRNewswire

Banking

Leader Bank Welcomes Liana Gukasyan to Elevate Banking Team

June 29, 20223 min

Leader Bank is excited to welcome Liana Gukasyan to the Elevate Banking team. Based in California, Liana will serve as an Assistant Vice President and Elevate Banking Relationship Manager with the Bank. “We are tremendously excited to welcome Liana to our Elevate Banking team,” said Jay Tuli, President of Leader Bank. “Liana’s extensive experience and industry knowledge will help Leader Bank bolster our Elevate Banking offerings.” Liana has more than two decades of experience in the banking industry, including...

by BusinessWire

Insurance

W. R. Berkley Corporation Forms Berkley Enterprise Risk Solutions

June 28, 20227 min

Appoints Wayne Bryan as President and Hale Johnston as Chief Operating Officer

by PRNewswire

Crypto Currencies

CRIPCO debuts with IP3 token listing on FTX

June 28, 20227 min

With IP3 token IEO on FTX exchange, CRIPCO launches IP-based blockchain and NFT business Investments secured from global blockchain venture capitals such as FTX Ventures, SOLANA Ventures, and DAO’s inclusion of IPX (formerly LINE FRIENDS), NAVER Z (ZEPETO) and street fashion legend Hiroshi Fujiwara, demonstrate the company’s growth potential CRIPCO presents ‘IP 3.0 Hub’ vision where anyone can own and monetize IP-based content in the NFT marketplace Global blockchain and NFT company CRIPCO has announced that it will...

by BusinessWire

Banking

MonetaGo appoints Ben Arber as Managing Director US & Canada

June 27, 20224 min

Financial technology solutions provider MonetaGo has appointed Ben Arber to the newly created role of managing director, US and Canada, effective immediately. Based in New York, Arber will lead MonetaGo’s US and Canadian operations, bringing together North American and global financial institutions to drive adoption of the company’s universal, standardised deduplication utility, which combats financial fraud in trade finance. Arber brings with him a wealth of trade finance, payments and commercial banking experience in North America, Asia...

by PRNewswire

Payments

LianLian Global launches its multi-currency Cross-Border Wallet

June 27, 20227 min

LianLian Global, a leading global cross-border payment service provider, announced the launch of its multi-currency Cross-Border Wallet after securing licenses to operate in all 50 states. The cross-border digital wallet is designed to make payments faster, more accessible and cheaper than the traditional cash and bank transfers for U.S.-based retailers and merchants that sell their products internationally on marketplaces such as Allegro, Amazon, Cdiscount, Fruugo and Kaufland.de. Data Catalyst found that almost 70 percent of U.S. SMEs use...

by PRNewswire

Insurance

SBA Insurance Industry Leader Launches New Firm

June 27, 20225 min

Bailey Enterprises Holding will offer small businesses expanded offerings.

by BusinessWire

Insurance

Digital Underwriting Top List of Investment Priorities for Insurers

June 24, 20225 min

New research shows an increased focus on risk management strategies and solutions

by BusinessWire

Banking

Norma: Turkey’s First Neobank Launches Platform

June 24, 20224 min

With a mission to change banking and financial management for small businesses and freelancers, Norma combines finance and accounting services on a single platform to create a simple, transparent, and efficient solution beyond traditional banking.

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