Bank of America Makes Strategic Investment in iCapital to Deepen Partnership
iCapital, a fintech platform for alternative investments and investors, announced that the Bank of America has made a strategic investment in the company. Bank of America invested in iCapital at the same valuation as iCapital’s last funding round in December
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France Central Bank Officer Praises the Potential of Open Finance
The European Union (EU) was among the world’s pioneers in open banking regulation, adopting since the late 2000s a series of directives to allow new types of market players to provide payment services alongside credit institutions, ultimately increasing competition and
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CityFALCON Raises US$2 Million From Holt Xchange, eToro and TBH
CityFALCON, which transforms unstructured financial content into structured data, has closed its equity fundraising campaign on private investment platform Seedrs after having secured £1.65 million (US$2 million). As a part of this fundraise, The Holt Xchange, a global early-stage VC firm
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Cristiano Ronaldo and Binance Team Up for NFT Partnership
Binance announced an exclusive multi-year partnership with Portuguese football legend Cristiano Ronaldo. The five-time Ballon D’or winner is joining forces with Binance to provide a one-of-a-kind experience for football fans worldwide, with a series of NFT collections that will launch
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European Banking Authority Asks for PSD2 Review
The European Banking Authority (EBA) published today an Opinion and Report in response to the European Commission’s Call for Advice (CfA) on the review of the Payment Services Directive (PSD2). In its response, the EBA puts forward more than 200
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SumUp Raises 590 Million Euro
SumUp has raised a €590 million funding round that gives the company an enterprise value of €8 billion following a decade of rapid growth and global expansion. The round was led by Bain Capital Tech Opportunities, with participation from funds
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Bundesrat trifft Richtungsentscheid für einen Schweizer Innovationsfonds
Der Bundesrat will den Standort Schweiz für Startups weiter stärken. Er hat am 22. Juni 2022 einen Richtungsentscheid zugunsten eines branchenneutralen Schweizer Innovationsfonds getroffen. Dieser soll die Finanzierung von Start-ups insbesondere während der Wachstumsphase und namentlich in den Bereichen Dekarbonisierung
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4 Fintech Execs Make Top 100 B2B Marketers Leaderboard
HotTopics.ht, a thought leadership platform for business leaders, has announced 2022’s top 100 global marketing leaders in the technology sector. Of the 100 business-to-business (B2B) marketing executives selected, four represent financial and insurance technology companies. Selected by the public and
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Citi Partners With Metaco to Develop Institutional Digital Asset Custody Capabilities
Citi announced yesterday that it has selected Switzerland-based METACO to develop and pilot digital asset custody capabilities. This collaboration brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store
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SEON Partners With Provenir to Improve Fraud Detection Solutions
Fraud prevention platform SEON announced a new partnership with credit risk specialist Provenir to help organisations build better fraud prevention solutions. Through this partnership, Provenir provides an AI-powered decisioning platform that can assess risk in areas like identity, credit, and
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