UnDosTres raises US$30 million to develop new financial products

International investment fund IDC Ventures leads this series B financing round to drive the company’s growth and strengthen its positioning as the leading digital payments and embedded financial services platform for all Mexicans UnDosTres, the Mexican fintech leader in airtime top-ups, service payments and entertainment purchases, has announced the closing of a Series B investment round led by IDC Ventures for US$30 million. New investors such as Telegraph Hill Capital, AI8 Ventures and Benber LP have participated...

R Labs Raises +$5M In Pre-Seed Funding

Company Founded by Former Bumble Execs, Serial Financial Entrepreneurs, and Social Impact Leaders Dropping First Limited NFT Project to Drive Measurable Environmental and Social Inclusivity Outcomes R Labs, a blockchain-based financial technology company, today announced the funding of their pre-seed round of +$5M. The minority and women-led founding team which has previously built $B+ businesses, launched global cult brands, and created meaningful environmental and social change, has come together to launch R Labs. R Labs...

Airwallex Launches Global Payment Services in New Zealand

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...

Tina Chan Reich Joins Bill.com Board of Directors

Bill.com (NYSE:BILL), a leading provider of cloud-based software that simplifies, digitizes and automates financial operations for small and midsize businesses (SMBs), announced today that Tina Chan Reich has joined the company’s board of directors. “Tina brings extensive global financial services industry experience including expertise in credit, risk in lending, deposits, and payments,” said René Lacerte, CEO and Founder of Bill.com. “Tina has a shared passion for serving SMBs, having spent much of her career leveraging analytics...

MonetaGo appoints Ben Arber as Managing Director US & Canada

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...

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