Coronation Fund Managers have recently listed the Coronation Global Opportunities Equity Prescient Feeder Actively Managed Exchange Traded Fund (AMETF) on the Johannesburg Stock Exchange (JSE), marking a significant milestone for investors eyeing global markets. This ETF trades under the share code COGOE and offers on-market investors a unique opportunity to access a diversified portfolio managed by top global equity fund
The FinTech industry is undergoing a significant transformation, driven by strategic collaborations aimed at fostering sustainable investment solutions. This dynamic sector is witnessing unprecedented advancements, leveraging the strengths of diverse players to provide sophisticated data, analytics, and technology-driven insights. As ESG (Environmental, Social, and Governance) considerations become more integral to investment decision-making, the synergy between FinTech firms is pivotal in
Thera, a burgeoning player in the payroll and payments sector, has recently secured $4 million in seed funding. This substantial financial boost was spearheaded by notable investors, including Y Combinator, 10x Founders, Amino Capital, Zillionize, Bayhouse Capital, and individual angel investors like Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon, and Bobby Matson. The funds are aimed at propelling the
In today’s fast-paced digital economy, the integration of payment functionalities into Software as a Service (SaaS) platforms is creating unprecedented efficiencies and opportunities. Known as embedded payments, this innovation is transforming how businesses operate and how consumers interact with financial services. This article explores how embedded payments are revolutionizing SaaS business models by enhancing service offerings, simplifying financial processes, and
FlexFactor, an innovative provider specializing in decline recovery solutions for eCommerce brands, recently announced the successful completion of a $16.8 million Series A funding round. The round was spearheaded by Bessemer Venture Partners, with contributions from initial seed investors, marking a significant milestone in the company’s journey. Given the immense scale of the global eCommerce market, which surpasses $5 trillion
The first half of 2024 revealed intriguing dynamics in the Latin American FinTech investment scene, characterized by a significant decrease in deal volume but an impressive increase in total funding. This dual trend marks a strategic shift in investor behavior and underscores the evolving maturity of the sector amidst broader economic uncertainties. Overview of LATAM FinTech Investment Growth The LATAM
Visa is charting a new course aimed at revolutionizing global payments. By leveraging advanced technologies and targeting vast, untapped markets, the company is positioning itself as a leader in digitizing payments, particularly in the lucrative B2B sector. Visa’s comprehensive strategy aims to move away from traditional cash and check payments and capture the burgeoning digital and card-based payment landscape. This
Perfios, a frontrunner in the B2B SaaS FinTech sector in India, has recently secured $80 million in a funding round led by Teachers’ Venture Growth (TVG), the venture and growth investment division of the Ontario Teachers’ Pension Plan. This substantial investment marks a pivotal milestone for Perfios and sets the stage for its accelerated growth and innovation within the financial
London-based FinTech company Bondaval has recently made headlines by securing $15 million in a Series A funding round. This financial milestone not only marks significant growth for Bondaval but also highlights evolving trends in the FinTech industry. The funding round was led by Talis Capital, with participation from existing investors such as Octopus Ventures, Insurtech Gateway, TrueSight, and Expa. This
The financial services sector has undergone transformative changes over the past two decades, driven by digital advancements. Yet, inefficiencies persist, particularly those resulting from the need to juggle multiple tools and applications. Enter embedded finance—a groundbreaking approach promising to streamline operations, enhance productivity, and transform user experiences. Let’s delve into how embedded finance is revolutionizing financial services operations. Persistent Inefficiencies
As AI continues to captivate investors, Microsoft Corporation (NASDAQ:MSFT) stands out as a prominent player in this domain. Detailed analyses suggest that the tech landscape is experiencing a significant shift toward AI integration, and Microsoft is often at the forefront of this movement. According to industry experts, the AI infrastructure market is on track for substantial growth, potentially expanding tenfold
On October 7, 2024, the cryptocurrency market displayed a curious divergence in the behavior of Bitcoin and Ethereum ETFs. Bitcoin ETFs saw significant inflows totaling an impressive $235.19 million, a clear indication of robust investor interest. Leading the way was Fidelity’s Wise Origin Bitcoin Fund (FBTC) with an inflow of $103.68 million, followed closely by BlackRock’s iShares Bitcoin Trust (IBIT),
