Latest News – Page 338

Morgan Stanley Allocates $20 Million to NovoPayment

Morgan Stanley Expansion Capital has invested $20 million in NovoPayment, a provider of embedded financial and payment infrastructure services. NovoPayment is a SaaS company that...

Citi and Wells Fargo Back Credit Infrastructure Startup Setpoint

Citi and Wells Fargo are participating in a $31 million Series B funding round for Setpoint, an infrastructure provider that enhances transaction processes within the...

BofE and BIS Create Technology to Track Stablecoin Reserves

The Bank of England and the BIS Innovation Hub have developed a system that provides supervisors with near real-time data regarding the liabilities of stablecoins...

Goldman Sachs Makes Significant Advancement in Options Pricing with Quantum Solutions

Goldman Sachs has conducted research into the use of quantum computing in the options pricing market. The investment bank partnered with UK scale-up Quantum Motion...

Bourgeois Boheme Secures €6.5 Million for Wealth Management Financial Platform

Bourgeois Boheme (BoBo), a European fintech aimed at high-net-worth individuals, has successfully raised €6.5 million in a seed funding round led by Graphit Lifestyle. The...

UAE Fintech Yuze Secures $30 Million in Funding

Yuze, a fintech company based in the UAE and focused on small and medium enterprises (SMEs), has secured $30 million in funding from Osten Investments...

Finextra is Unveiling a Fresh New Look!

We are thrilled to announce the launch of Finextra’s new website, set to go live on Monday, August 5th! Our team has been diligently working...

PayPal Launches Pooling Feature for Group Purchases

PayPal has introduced a money pooling feature designed to help friends and family share expenses for group purchases. This new functionality is being rolled out...

SME Finance Taskforce Unveils Strategy to Propel UK Economic Growth

The SME Finance Taskforce has unveiled its coalition plan aimed at enhancing the UK economy by accelerating lending and improving access to finance for 5.5...

ClearBank Obtains Banking License in the Netherlands

British bank ClearBank has secured its European banking license from the European Central Bank, overseen by De Nederlandsche Bank. ClearBank specializes in real-time clearing and...