Paywallet Joins Mastercard Global Start Path Open Banking Program

Paywallet LLC www.yourpaywallet.com, a payroll-linked verification and remittance ecosystem, today announced it was selected to join the Mastercard global Start Path Open Banking program to leverage Mastercard’s open banking expertise and market insights. Paywallet is the only U.S.-based startup to be included in the first cohort. During the three-month Start Path Open Banking program, Paywallet can uncover opportunities to innovate with Mastercard’s ecosystem to deliver and scale open banking solutions designed to meet diverse consumer financial needs. Paywallet...

CashD Redefines Pay Cycles for Workers

A B2B FinTech business established in Australia, CashD is redefining pay cycles, by enabling businesses to empower their workers to choose how and when they get paid. By bringing together banking, payroll, and finance, CashD is a solution to traditional pay cycles that do not suit the on-demand needs of today’s workers. As a B2B business, CashD works directly with employers to promote financial fairness and freedom for their employees. With inflation around the world increasing...

Latin America’s crypto conquest is driven by consumers needs

51% of consumers in Latin America have already made a transaction with crypto assets. Latin Americans desire flexibility and convenience in digital currencies and payments and are seeking more support from their financial institutions. The digital payments revolution that began during the pandemic is consolidating and driving Latin American interest in cryptocurrencies. 51% of consumers in the region have already made a transaction with cryptoassets and more than a third say they have made a payment...

Tiptree Announces Closing of Strategic Investment in Fortegra

Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced the closing of the previously announced $200 million strategic investment in its insurance subsidiary, The Fortegra Group, Inc. (“Fortegra”) from Warburg Pincus, a leading global growth investor. The investment gives Warburg Pincus an approximately 24% ownership in Fortegra on an as-converted basis. Up to $60 million of the proceeds will be used to support Fortegra’s growth opportunities with the remainder used to repay Tiptree’s existing indebtedness...

Exabel and Datayes launch new Insights Platform

Exabel, the data and analytics platform for investment teams, has today announced its partnership with Datayes to deliver a powerful new insights capability for Datayes investment research clients. The Datayes Insights Platform will provide hedge funds and asset managers with curated insights based on Datayes’ rich China data, for example, China employee recruitment data. This offering will provide users with easy to navigate dashboards, visualizations and KPI monitoring capabilities, and aid in the idea generation process by flagging trend...

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