5 Fintech Trends in Latin America
Latin America (LatAm)’s fintech revolution continues its course this year. Investors’ confidence remains high as they continue pouring billions into the space, betting on the prospect of fintech to help improve financial inclusion and bring innovation in the outdated banking
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Spend Management Firm Yokoy Partners With UBS Switzerland
Swiss spend management specialist Yokoy Group announced that it has entered into a partnership with UBS Switzerland. Yokoy said that this partnership will open up new possibilities in the area of spend management for all of UBS’ clients in the
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Swiss Federal Councillor Ueli Maurer to Build Ties at the Singapore Fintech Festival
Federal Councillor Ueli Maurer, together with a financial sector delegation, will attend the highly anticipated Singapore Fintech Festival on the 7th and 8th November 2021. In his speech at the opening of this year’s Singapore Fintech Festival, Federal Councillor Ueli
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New Forrester Paper Explores Loan Origination Solution Market
Changing consumer behavior, tighter regulations and emerging technologies are transforming the lending landscape, challenging how incumbent lenders acquire, service and retain customers. In the latest edition of the Now Tech series, research and advisory company Forrester explores the loan origination
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Trade Finance Platform Drip Capital Raises US$175 Million
Drip Capital, a digital cross-border trade finance platform for small and medium businesses (SMBs), announced that it has raised US$175 million to power its next phase of growth. Funds raised include a US$40 million Series C investment and US$135 million
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Swiss Accounting Tool Bexio Joins SIX’s Open Finance Platform
bexio, a Swiss provider of cloud-based business and accounting software solutions, announced that it is joining the bLink open finance platform. Through the bLink platform, SIX Swiss Exchange makes available a platform that connects financial institutions with third party providers. Additionally,
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JP Morgan Study: Global Embedded Payment Volume Reached US$1.1T in 2020
In 2020, of the US$240 trillion in global payment flows, approximately US$1.1 trillion came from embedded payments, a new research by JP Morgan found. Wearables (US$347 billion), the Internet-of-Things (US$240 billion) and virtual worlds (US$182 billion) made up for most
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German Investment Platform Moonfare Raised US$125 Million Series C
Moonfare, a German-based digital private equity investment platform for individual investors, announced that it has raised US$125 million in Series C funding, led by New York-based global private equity and venture capital firm Insight Partners. The company has raised US$185
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Digital Currency Group Raises US$700 Million From Softbank, Google’s Capital G
Digital Currency Group (DCG) announced that it has closed a secondary investment round by selling more than US$700 million of its shares and is now valued at US$10 billion. SoftBank’s Vision Fund II and Latin American Fund led a syndicate of
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PayPal Launches Mobile POS Solution “Zettle Terminal” for Small Businesses
PayPal announced the launch of the Zettle Terminal, its new, all-in-one point of sale solution that offers increased mobility in-store for small businesses. The Zettle Terminal will now be available in the UK beginning and will continue to roll-out across
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