Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank’s investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America’s largest bank. The new capital will be used to accelerate product development, deepen automation across the private credit...
U.S. Banking & Fintech Trust Report 2025 shows trust hinges on AML effectiveness and seamless customer experience
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...
Joining the Board of Directors: Asheet Mehta, Former Senior Partner at McKinsey & Company and Former Co-Lead of the Firm's Global Financial Services Practice Alison Davis, Former CFO of Barclays Global Investors with experience as a member of 25 boards, including Fiserv, First Data Corp, City National Bank, Janus Henderson and Kraken
Cheqly is live across the USA using Mbanq’s BaaS platform. Cheqly provides businesses with digital bank accounts, cards and payments solutions specifically tailored for SMEs and startups. Seed funding for Cheqly was provided by Eqvista, a captable and valuation platform with $36 Billion in assets under administration. Mbanq, the USA-based fintech innovator and global Banking-as-a-Service (BaaS) provider, has announced that Cheqly, a fintech that makes banking simple for startups, has launched utilizing Mbanq’s BaaS platform. With this...