Blockchain company XREX bags $17 million to accelerate cross-border trade
Riddhi Jain,
5 years ago
3 min read
Taiwan-based XREX announced that it has closed $17 million in a pre-A funding round. The company that aims at boosting financial inclusion through blockchain, XREX will be using the capital for expanding its fiat currency portfolio, get into more partnerships with digital wallets and financial...
Buy Now Pay Later (BNPL) and Gen Z – A Match Made in Heaven?
Riddhi Jain,
5 years ago
6 min read
Consumer habits and preferences are evolving at a rapid pace around the globe. Technological advancements coupled with increasing awareness of different products and services are the main drivers of this change. In this article, we will focus on how consumers are becoming increasingly comfortable with...
IFC (World Bank Group member) invests $10 million in FintechOS
Riddhi Jain,
5 years ago
3 min read
London-based international provider for banks, insurance and financial service companies, FintechOS announced that it has received $10 million in funding from International Finance Corporation (IFC). IFC is a member of the World Bank Group and a sister organization of the World Bank. The funding provided...
Afterpay inks deal with 13 major brands including Amazon & Target
Riddhi Jain,
5 years ago
3 min read
Australian buy now, pay later leader Afterpay announced that it has made its services available at 13 major retailers to enable customers to leverage the option of delayed payment options at the time of shopping. The list includes the largest, most popular brands in the...
Zeller Secures $50 Million: A Leap Forward in Financial Services
Riddhi Jain,
5 years ago
2 min read
Zeller, a small business-centred financial technology firm, has raised another $50 million in funding. The latest capital round has brought Zeller’s total funding to over $81 million in just 12 months. While the news has been made public now, investors inked the deal just a...
UK fintech Volt raises US$23.5 million in Series A funding round
Riddhi Jain,
5 years ago
2 min read
A UK-based payments fintech company, Volt has raised US$23.5 million (£17 million) in a Series A funding round. Volt’s official press release says that the capital raised will be used for expansion into new territories and building its international instant payments footprint. The Series A...
Why is financial reporting important + 5 Best financial reporting tools
Riddhi Jain,
5 years ago
7 min read
Without a doubt, financial reporting and analysis are the bedrocks of any modern business. It offers a higher level of insight to the business owner that helps their business stay compliant while also streamlining their expenditure and income-centric initiatives. Whatever are a company’s financial goals,...
US Fintech Stripe acquires Y Combinator startup Bouncer
Riddhi Jain,
5 years ago
3 min read
Global financial technology firm Stripe announced that it has bought a card authentication tech company Bouncer. Stripe acquired Bouncer, for an undisclosed amount, to minimize online transaction fraud. The Technology and team of Y Combinator alum Bouncer will join fintech in order to enhance the...
Commonwealth Bank & BigCommerce partner on e-commerce transformation
Riddhi Jain,
5 years ago
3 min read
Australian multinational bank with business across New Zealand, Commonwealth Bank of Australia (CBA) partners with international ecommerce platform BigCommerce. Through this partnership, the bank says it will make it convenient for small, medium and large businesses to launch and flourish their online stores. Commonwealth Bank...
Big plans of UK-based fintech Revolut revealed here
Riddhi Jain,
5 years ago
3 min read
2021 seems to be a year full of plans for the UK-based financial technology company Revolut. The fintech is building its foundation for expanding its service into India. It has hired an ex-Airtel exec as its CEO and also sparked a recruitment drive for hiring...
