Airwallex Raises $300M at $6.2B Valuation for Global Banking

On track to hit US$1 billion in annualised revenue in 2025, as businesses of all sizes look to expand globally without friction Grows gross profit in Americas and Europe at a 4-year CAGR of more than 250% Series F investors include: Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and Visa Ventures with participation from several leading pension funds in Australia Airwallex, a leading global payments and financial platform for modern businesses,...

XTransfer Unveils Solutions at Canton Fair to Boost Cross-Border Trade

At the grand opening of the 137th Canton Fair, XTransfer, the world’s leading and China’s No.1 B2B Cross-Border Trade Payment Platform, unveiled its groundbreaking solution — the Local Currency Account — designed to revolutionize global trade, especially with emerging markets. The Canton Fair, widely regarded as a barometer of China’s foreign trade, has reached a record-breaking scale this year, attracting businesses from around the world. XTransfer’s presence at the event underscores its commitment to empowering SMEs in China to trade more effectively with fast-growing...

RD Technologies Secures US$7.8 Million in Series A1 Financing

RD Technologies announced the successful completion of its Series A1 financing, securing US$7.8 million. In this funding round, RD Technologies has secured strategic investments from prominent industry players like HongShan, Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital. The capital injection will enable RD Technologies to continue building a financial platform that bridges the Web2 and Web3 worlds and continue to contribute to the development of the Web3 ecosystem in Hong Kong. RD Technologies announced on 18th...

Tide Commits to Helping 200,000 Women Launch New Businesses By 2027

Fintech makes it easier for women to start and run their own businesses at scale Tide ‘Women in Business’ content series to inspire, inform and champion female members Members will be directed to Mastercard’s Strive UK programme for free access to training and advice on tackling business challenges Tide, the leading business financial platform, has announced it will help 200,000 female-led businesses start out by the end of 2027. It is the first fintech to...

MyntFund launches MyntExchange in Q1 of 2023

MyntFund, the parent company of MyntCoin, has recently announced the launch of MyntExchange in Q1 of 2023, which marks the birth of an innovative financial platform for cryptocurrency. This platform will provide capital solutions for private companies and retail investors, and will be the first joint stock exchange. MyntExchange aims to revolutionize the way companies and retailers deal in crypto, by merging the digital public stock markets and the private purchase and dealership of shares in unlisted...

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