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.
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.
Brazilian business-to-business payment platform Barte has announced that it has managed to attract investment funds in the amount of $ 3 million following the results of the initial round of financing.
Abound, a fintech company based in the UK has reported raising funds for 500 million pounds as a result of a combination of debt and equity financing.
In Costa Rica, Google Wallet has been launched, giving users the ability to store and use their credit and debit cards, boarding passes, tickets, and other digital credentials on an Android NFC smartphone, a Wear OS smartwatch, or a Fitbit device.
In the Senate, Democrats, including Elizabeth Warren, issued an appeal to financial regulators to take actions aimed at curbing fraudulent activity, against the P2P payment service owned by Zelle Bank.
Bankjoy, a digital banking service provider based in Detroit, has announced the start of a new round of financing.
NinjaTrader Group, LLC, a leader in futures brokerage and advanced technologies for active traders, announced the launch of new web and mobile applications for fully integrated trading on multiple devices.
Fintech platform Adyen integrated the Click To Pay experience into its online checkout flow in all available markets, enabling even guest shoppers to bypass manual data entry
Mercedes-Benz has rolled out the Mercedes Pay+ feature in cooperation with Visa to enable in-car payments for digital services and on-demand hardware upgrades
The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden
Westpac is testing additional security layer for online payments to alert customers of potential scams, as customer losses to fraud reached a new record high in December
Crypto exchange Bybit has launched the first phase of the rollout of Mastercard crypto-to-fiat debit card, which supports a number of blue-chip cryptocurrencies
Western Union announced the beginning of cooperation with MFS Africa.
The Central Bank of India has taken action in the form of a fine against the Indian division of Amazon Pay.
Coinbase announced the acquisition of One River Digital Asset Management (ORDAM), a subsidiary of One River Asset Management.
Fidelity International, FIL Fund Management (China) Company Limited has announced its intention to launch its first mutual fund in China in the near future.
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