fintecbuzz - FinTecBuzz

Adyen payments platform selected by Amazon Japan

April 26, 20222 min

Adyen’s single platform enables Amazon.co.jp to optimize checkout experience Adyen (AMS:ADYEN), the global financial platform of choice for leading companies, is now processing payments for Amazon Japan. Using Adyen’s platform, Amazon Japan will further optimize the payment data and checkout experience for its Amazon.co.jp customers. Adyen’s direct acquiring and data-rich insights enable Amazon Japan to provide a more seamless flow for its customers, whether they’re shopping from Japan or overseas. “Japan’s digital sector has seen accelerated growth in the past...

by PRNewswire

Payments

Nium Signs Definitive Agreement to Acquire Socash

April 26, 20224 min

Acquisition combines Socash’s technology for local payment acceptance with Nium’s global platform for money movement network for a modern approach to digital commerce in emerging markets Nium, the global platform for modern money movement, today announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions and digital commerce merchants into a thriving network that allows consumers to deposit, withdraw, and make payments with cash from more than 30,000 local shops,...

by PRNewswire

Blockchain

Stablecorp Closes Pre-Series A Funding Round

April 26, 20227 min

USD 1.5 Million Raise Includes Growth Investment from New Equity Partners Circle Ventures, Genesis, Stellar Development Foundation, Side Door Ventures Alongside Existing Investors Investment to Accelerate Stablecorp’s Vision of Expanding “On-Chain” Financial Infrastructure via Canadian Dollar-Linked Token Offering, VCAD Stablecorp, a leading Canadian fintech firm and strategic partner in the commercial development and launch of VCAD, the country’s first Canadian dollar Digital Deposit Receipt (DDR), announced today that it has received USD 1.5 million in strategic growth...

by PRNewswire

Crypto Currencies

Coinsfera is a Bitcoin store in UAE

April 26, 20228 min

Buy or Sell Bitcoin in Dubai at Coinsfera Bitcoin store. The most reliable cryptocurrency exchange shop in UAE. Coinsfera is a local bitcoin shop in Dubai that specializes in cryptocurrency exchanging with cash. It now works in four cities: Dubai, Istanbul, Kosovo, and London. Since 2015, Coinsfera has helped thousands of people to transfer their cryptocurrencies to cash and vice versa. Coinsfera has been awarded by the largest blockchain conference in the MENA and Eurasia area. The Coinsfera Bitcoin store in Dubai, the...

by BusinessWire

Crypto Currencies

Cross River and Sardine Partner to Build Critical Risk

April 26, 20226 min

Sardine will leverage Cross River’s payments platform as part of its integrated fraud prevention software for fiat and crypto transactions Partnership further solidifies Cross River’s position as the infrastructure provider to the fintech and crypto ecosystems Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced a partnership with Sardine, a behavior-based fraud and compliance platform for digital wallets and neobanks, to ensure Sardine’s customers have a reliable way...

by PRNewswire

API

FinTech Market Size to Reach USD 16652680 Mn by 2028

April 22, 202211 min

The Global FinTech Market is Segmented by Type (API, AI, Blockchain, Distributed Computing, Cryptography), by Application (Asset Management, Financing, Payments): Opportunity Analysis and Industry Forecast, 2022–2028. The global fintech market size is projected to reach USD 16652680 Million by 2028 from USD 6588780 Million in 2021 at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period 2022-2028. Major factors driving the growth of Fintech Market: FinTech provides convenient services & helps maintain transparency, in terms of financial inclusions, this factor...

by PRNewswire

Investments

Valkyrie Investments announces launch of the VMCT

April 22, 20224 min

VMCT invests in proof of stake tokens, and has an annual additional target yield as high as six percent Valkyrie Digital Assets LLC (“Valkyrie”), the sponsor (the “Sponsor”) of the several single protocol digital asset trusts, among other investment products, announced today the launch of its seventh such investment vehicle, the actively managed Valkyrie Multi-Coin Trust (VMCT) (the “Trust”). VMCT is the first multi-protocol investment Trust offered by Valkyrie, and is focused on investing in contemporary blockchain networks...

by BusinessWire

Investments

Synovus Announces Strategic Investment in Qualpay

April 22, 20228 min

Qualpay’s payments technology is a key part of Maast, Synovus’ new money-as-a-service offering that will combine payment processing, banking, and lending solutions

by PRNewswire

Crowdfunding

MyInvestor positions as one of the largest European fintechs

April 22, 20226 min

MyInvestor becomes the first European fintech to commit to real estate crowdfunding with Urbanitae The neobank redoubles its international commitment with the marketing of Vanguard’s range of index and actively managed funds, which join passively managed products from iShares and Amundi Neobank MyInvestor reaches €2 billion in volume, which doubles the 1 billion euros registered in March 2021, consolidating its position as the largest Spanish fintech by volume.Now serving more than 110,000 customers, MyInvestor also has an...

by BusinessWire

Insurance

Ariel Re Supports Ecogensus With Performance Guarantee Insurance

April 22, 20224 min

Long-term output performance guarantees and equipment warranty available for comprehensive enterprise risk management program

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