The recent announcement of Workpay raising $5 million in a Series A funding round marks a significant milestone for the African HR and payroll industry. The Series A round was led by Norrsken22, with notable participation from Visa, Y Combinator, Saviu Ventures, Axian, Plug n Play, Verod-Kepple Africa Ventures, and Acadian Ventures. This follows their successful pre-Series A funding round
The recent partnership between Trustly, a leader in open banking payment solutions, and foodora, a prominent food delivery service, is poised to revolutionize the payment experience for customers. By integrating Trustly’s technology, foodora aims to streamline transactions, improve security, and enhance overall customer satisfaction. Initially launching in Finland, this collaboration is set to expand to other European countries, marking a
PXP Financial, a prominent player in global payment solutions, has entered into a crucial partnership with Zebra Technologies, a leader in business solutions, to enhance SoftPOS (software point-of-sale) technology. This strategic collaboration aims to modernize the way businesses manage their payment acceptance processes by leveraging Zebra’s advanced mobile devices and PXP’s cutting-edge payment systems. Under this alliance, PXP Financial joins
The Southeast Asian Insurtech sector has been evolving rapidly. It presents remarkable potential amid a global backdrop of macroeconomic and geopolitical uncertainties. Recent trends reveal a surge in deal values, with a significant focus on profitability, innovation, and customer-centricity emerging as critical drivers. Let’s explore whether Insurtech in Southeast Asia is ready for sustainable growth. Unprecedented Surge in Deal Value
A groundbreaking collaboration between Trustly, a leader in open banking, and foodora, a prominent food delivery service, promises to transform the way customers pay for their meals. This strategic partnership aims to introduce an innovative new checkout option for foodora customers, initially rolling out in Finland with plans for rapid expansion across other European markets, including Norway, Sweden, the Czech
The ongoing evolution of the financial landscape is characterized by dynamic shifts in stock performances, commodity prices, and investment trends. This article delves into the Indian stock market’s top performers and laggards, explores the latest commodity rates, and sheds light on how artificial intelligence (AI) is propelling cloud investments. Broader market dynamics, including easing US recession fears, are also discussed
In a significant step to bolster its online investment services, Bluestone Federal Credit Union has teamed up with InvestiFi. Bluestone, which has been catering to the financial needs of Sioux Falls and Eastern South Dakota, is looking to provide its members with an enhanced range of investment opportunities through this collaboration. The partnership will see the integration of InvestiFi’s platform
Archera, a cloud management FinTech company, has achieved a significant milestone with a successful Series B funding round, raising $17 million. This funding round not only marks a pivotal moment in Archera’s growth trajectory but also underscores the rapidly expanding role of the company within the cloud management industry. The new influx of funds is set to catalyze the company’s
Bitcoin investors are showcasing unprecedented confidence with a striking statistic: 75% of circulating Bitcoin hasn’t changed hands in over six months. This potent holding behavior, popularly known as HODLing, signals deep-rooted trust in Bitcoin’s long-term value, regardless of the market’s notorious volatility. The Significance of HODLing Understanding the HODL Waves Data from Bitcoin Magazine Pro introduces the “HODL Waves” chart,
Recently, Capitalize has generated significant buzz in the FinTech world after successfully securing $19 million in Series B funding. This groundbreaking achievement aims to reshape how 401(k) rollovers are managed, leveraging artificial intelligence (AI) and other advanced technologies to streamline the traditionally cumbersome process. This article delves into the company’s innovative approach, key funding details, and the anticipated impact on
In a significant development, InsurTech startup QuickFacts has successfully concluded an oversubscribed $2 million funding round. This pivotal event sets the stage for the company’s expansion into Quebec and the United States markets, following its prior success across Canada’s Western provinces. Background and Leadership Founding and Leadership Team QuickFacts, co-founded by Christy Barsalou and Jeff Barsalou, positions itself at the
The cryptocurrency market has been buzzing with excitement as options activity for XRP has surged, particularly on the Deribit exchange, sparking bullish sentiments. Analysts and traders have taken note of the significant rise in open interest for XRP options, revealing substantial market speculation over an imminent price surge. At the heart of this activity is the high open interest in
