FintechDaily – Page 221 – Fresh Dose of Fintech News

Capital One Partners with Socure for Investment

Machine learning-based digital identity verification firm Socure has secured a strategic investment from Capital One Ventures, although the amount remains undisclosed. This investment follows a...

ID Verification Company Trulioo Achieves $1.75 Billion Valuation

Canadian identity verification company Trulioo has achieved a valuation of US$1.75 billion following a US$394 million Series D funding round, which was led by TCV...

MSCI Leverages Microsoft Azure for Enhanced Investment Intelligence Platform

MSCI, a prominent investment analysis and index firm, has launched the MSCI ONE platform, an integrated solution built on Microsoft Azure. This platform is designed...

Nigeria’s Raenest Raises $11 Million in Series A Funding; Ghana’s Affinity Secures $8 Million

Raenest, a Nigerian fintech company specializing in cross-border payments for gig workers and businesses, has successfully raised $11 million in Series A funding. This funding...

Santander Challenges Which? Regarding APP Scam Reimbursement Rates

Santander has responded to calls from consumer group Which? for banks to disclose the percentage of customers reimbursed for authorized push payment (APP) fraud, stating...

Zeta’s Valuation Rises to $2 Billion Following $50 Million Funding Round

Zeta, a next-generation banking technology provider for financial institutions worldwide, has secured a $50 million investment from an undisclosed investor, bringing its valuation to $2...

Tabby’s Valuation Surges Over 100% to $3.3 Billion Following $160 Million Investment Round

UAE-based BNPL lender Tabby has successfully raised $160 million in Series E funding, achieving a valuation of $3.3 billion in anticipation of an upcoming IPO....

LSEG Set to Acquire Acadia

London Stock Exchange Group is set to acquire Acadia, a provider specializing in automated margin processing and integrated risk services for uncleared derivatives. Established in...

Affirm and FIS Collaborate to Enable Banks to Provide BNPL Options Through Debit Cards

Affirm has partnered with FIS to provide integrated Buy Now, Pay Later (BNPL) capabilities directly to debit card issuers. This collaboration will enable FIS debit...

Citi Flex Pay Now Available on Apple Pay

Citi is introducing buy now, pay later functionality to Apple Pay, allowing cardholders to divide their purchases into fixed monthly payments. Eligible cardmembers can now...