German VC Firm La Famiglia Raises $264 Million
The venture capital company La Famiglia, which is based in Berlin, announced the attraction of investment funds in the amount of $ 264 million.
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Transact Campus Partners With Amazon to Introduce Unmanned Stores on Campuses
Fintech provider Transact Campus integrated its payment solutions with Just Walk Out technology by Amazon to deploy self-service stores on and off college campuses
Mashreq and i2c Partner to Aid Fintech Payments in UAE
Mashreq and i2c announced the beginning of cooperation, within the framework of which the companies will present digital payment solutions in the financial services market of the United Arab Emirates (UAE).
Payroll and Benefits Fintech Catch Shuts Down
Personal payroll and benefits fintech Catch announced the termination of operations.
Coinbase Simplifies Web3 Onboarding With Wallet-As-A-Service
The leading crypto exchange Coinbase has introduced a new Wallet-as-a-Service offering for businesses to seamlessly onboard their users to Web3
Silvergate Bank Faces “Voluntary Liquidation”
The parent company of one of the major crypto-friendly banking institutions, Silvergate Bank, decided to “wind down operations” and liquidate the bank
GIACT and Mastercard Team to Provide Secure Account Verification
Mastercard and GIACT announced the beginning of cooperation in order to provide customers with a secure account verification procedure.
UK BaaS Platform Griffin Becomes Bank
The British Banking As A Service platform Griffin has received the status of a bank, as a result of which additional restrictions apply to it from now on.
Weavr Acquires Comma to Combine Embedded and Open Banking
Weavr, a London-based startup that provides companies with the opportunity to implement banking services and payments into mobile applications or SaaS platforms, has acquired the open banking platform B2B Comma Payments.
Nationwide Overhauls Payment Processing With Accenture and Form3
Nationwide Building Society has partnered with Accenture and A2A platform provider Form3 to transform its digital payments infrastructure through the introduction of a cloud platform.
BNPL Platform Affirm Quits Australia
The American Buy Now, Pay Later Affirm platform announced its withdrawal from the Australian financial services market.
ANZ to Trial Offline CBDC Payments
ANZ has established cooperation with two universities to test CBDC offline payments using smart cards, which can be loaded with funds and used as cash.
EBA to Crack Down on Banks Ignoring Gender Diversity
EBA noted the painfully slow progress of banks and investment firms in improving gender diversity policies and announced it wants supervisors across the EU to crack down on those non-compliers
Cilab’s New Feature Lets Engineers Visualize NFC Terminal RF Field
NFC testing company Cilab has improved its high-speed tester with a new feature that enables NFC terminal manufacturers to test a device’s RF field by making it visible
Westpac Announces Initiatives To Back Women Business Leaders
Westpac announced new measures to help female-led SMBs with dedicated start-up and scale-up loans, as research reveals accessing finance is one of the main challenges for women in business
Varo Bank Raising $50 Million at 28% Discount
Varo, an American neobank with the charter of the national bank, reported a capital raising of $50 million at a discount of 28% compared to its last estimate.
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