Kalder raises $10.5M to transform everyday brands into fintech innovators
November 21, 20247 min
Kalder's average customer boasts 50,000 linked accounts to drive an additional $450,000 in monthly revenue
Talino, Chemonics invest in startup Higala
April 29, 20246 min
Talino Venture Studios, an award-winning global venture studio for sustainable innovation, and Chemonics International, a leading sustainable development firm, have launched and seed-funded Higala, the pioneer startup Inclusive Instant Payment System (IIPS) in the Philippines. As an IIPS, Higala will serve as a financial superhighway that will connect thrift banks, rural banks, and microfinance institutions that are currently excluded from payment networks because of high switching and on-ramp costs. Despite the presence of 400 rural banks in the Philippines, only a mere 18 are part of InstaPay. This highlights a significant challenge: the lack of interoperability among these banks. As a consequence, the full potential of financial inclusion remains largely untapped, depriving many Filipinos of the benefits that modern banking...
ThetaRay raises $57 Million growth round
September 5, 20236 min
Latest Round was Led by Portage, a Global FinTech and Financial Services Investment Platform, and Supported by Largest Existing Shareholder JVP and Other Shareholders Funding Follows 10x Customer Growth in 2 Years The Raise will Expedite International Expansion and Position ThetaRay to Dominate the $9 Billion Financial Crime Fighting Market ThetaRay, the leader in next-generation AI-powered secure global payments with offices in New York, Madrid, London, Dubai and Tel Aviv, announced today a significant growth...
Checkout.com launches Intelligent Acceptance
June 28, 202311 min
Intelligent Acceptance leverages Checkout.com’s global data network and deep domain expertise to increase acceptance rates, lower transaction fees and operational complexity False declines are a critical issue for online businesses globally, costing them $51 billion in 2022, a 150% increase in three years Early users include Klarna, Ant Group, NordVPN, Reach, and Sunday. These businesses reported average increases in acceptance rates that unlocked three-quarters of a billion dollars of revenue in beta alone Checkout.com, the global payments...