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...

APEXX Global partners with Ryanair to transform payments

APEXX Global, (“APEXX”), the multi-award-winning Payment Orchestration Platform, has partnered with Ryanair to transform the low-cost carrier’s legacy payments infrastructure as Europe continues to reopen borders and international travel returns to pre-Covid levels. APEXX’s pan-European payments solution will boost Ryanair’s conversion rates and lower local and cross-border transaction costs, helping Ryanair continue to deliver its market leading low-cost delivery. APEXX’s payments platform will boost both cross-border and local payment conversion rates, increase efficiencies and reduce the cost...

10x and Westpac partner to launch a robust banking platform

10x Banking (10x), the financial technology firm that is disrupting the core banking sector, today announces that it will deepen its partnership with Westpac, to launch a market-leading transaction banking platform for the bank’s institutional clients. 10x Banking is going from strength to strength with clients across three continents including the successful launch of Westpac’s Banking as a Service offering (BaaS) last year. The move into supporting Westpac’s transaction banking business is a hugely significant step...

StarkWare quadruples valuation to $8b

Series D valuation of $8 billion comes on the heels of a $2 billion valuation just six months ago. StarkWare processes more transactions than Bitcoin, and is the leading ‘scaling’ solution for crypto projects trying to overcome the fact that blockchain is congested, and expensive to use. Deal was closed in the thick of a crypto bear market. Company says this emphasizes high investor confidence in its tech, which is ‘infrastructure we’ve all been waiting for to move to Web3.’ StarkWare Industries, inventor of technology to...

Banking-as-a-Service Platform Unit Announces $100 Million Series C

Unit, the first banking-as-a-service platform to achieve unicorn status, announces its expansion into credit products. Unit, the leading banking-as-a-service platform that empowers companies to embed financial services in their products, today announced it has raised a $100 million in a Series C round led by global software investor Insight Partners, with participation from existing investors including Accel, Better Tomorrow Ventures, and Flourish Ventures. New investors Moving Capital and Stepstone also joined the round. The latest infusion of...

CEA International LLP Advises GMEX Group on its Investment Round

CEA International LLP (“CEAI”) acting as advisor to GMEX Group Limited (“GMEX”) in its equity financing round, announced today that lead investor terms have been secured for an undisclosed amount. The deal is expected to close during June 2022 subject to necessary approvals with participation from other strategic and institutional investors joining the investment round. CEA International LLP is the London based subsidiary of US-headquartered CEA Group (“CEA”), a leading technology investment banking and advisory...

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