
USA
QED Investors Raises Nearly US$1 Billion to Invest in Fintech Firms Globally
QED Investors, a global venture capital firm investing exclusively in fintech companies, announced the close of two new funds totaling US$925 million. With the close of these two new funds, QED will have more than US$4.0 billion under management. The
Read MoreInvesting.com Acquires Streetinsider.com for $10M USD
Investing.com, a platform for financial data, tools & news accessed by more than 60 million retail investors monthly, announced it recently completed the acquisition and integration of Streetinsider.com, a premium source for market moving breaking news on equities. According to
Read MoreU.S. Fintech 8fig Raises US$140M Series B Led by Koch Disruptive Technologies
Fintech firm 8fig announced that it has secured a US$140 million Series B funding round in April 2023 led by Koch Disruptive Technologies (KDT). This brings 8fig’s total funds raised to US$196.5 million. The funding round was also joined by
Read MoreMastercard Launched Open Banking for Account Opening Solution
Innovations in finance and payments are unlocking new experiences for consumers and fintechs alike. As of 2022, 78 percent of adults in the U.S. prefer to bank via a mobile app or website. As more people open accounts and manage
Read MoreApple’s New Savings Account is a Hit
Apple’s new high-yield savings account is making a splash, drawing in nearly US$400 million worth of deposits on launch day. By the end of the first week, roughly 240,000 accounts had been opened, bringing in as much as US$990 million
Read MoreMicrosoft and Stripe Partner to Launch Microsoft Team Payments
Stripe announced a new partnership with Microsoft that enables North American businesses to accept payments directly in Microsoft Teams. The Microsoft Teams collaboration platform offers video conferencing, voice, messaging, and other embedded tools to more than 300 million global businesses.
Read More24 Fintech Events to Attend in the USA and Canada in Q2 2023
North America, and the USA in particular, has historically been the dominant force in fintech innovation, adoption and investment globally. The region is home to some of the world’s biggest and most successful fintech companies, and has continuously attracted the
Read MoreApple Card’s Savings Account With High Interest Is Now Available Only for U.S. Users
Apple has announced that its card users in the U.S. can now set up a savings account from Goldman Sachs which offers a high-yield APY of 4.15 percent. This is more than 10 times the national average according to the
Read MoreTwitter Ties up With eToro to Enable Users to View Real-Time Stocks, Crypto Prices
Multi-asset investment company eToro has partnered with Twitter to enable the social media platform’s users to instantly see real-time prices for a wider range of stocks, crypto and other assets when using the new $Cashtags feature. Twitter added pricing data
Read MoreCrypto Exchange Kraken Becomes Official Sponsor of Williams Racing F1 Team
Williams Racing, a British Formula One team and constructor, announced that global crypto exchange Kraken has inked a deal to become its first official crypto and Web3.0 partner. The Kraken branding will adorn the FW45 halo and rear wing for
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