GeoWealth, a prominent player in the turnkey asset management platform (TAMP) space, has secured a significant $18 million growth investment led by BlackRock, one of the industry’s global giants. Joining the round were previous investors, Kayne Anderson Growth Capital and J.P. Morgan Asset Management, showcasing a collective vote of confidence in GeoWealth’s innovative trajectory. The strategic funding is set against
As we traverse through 2024, significant developments are taking place within the United States-based spot Ether exchange-traded funds (ETFs) sector, particularly around the Grayscale Ethereum Trust (ETHE) and various other related ETFs. Notably, on August 2nd, there was a massive net outflow of $2.1 billion from ETHE, which greatly contributed to a larger overall trend. On that single day alone,
As Tap to Pay on iPhone gains prominence, SMB owners and IT decision-makers might wonder if Android offers similar capabilities. When starting a business, simplicity and mobility can be a major advantage. Contactless technology makes it possible to accept credit card payments with nothing more than a smartphone, which can reduce both costs and complexity. However, vendors must understand which
BNP Paribas’ proposed acquisition of AXA Investment Managers (AXA IM) represents a significant power play that could dramatically reshape the asset management landscape across Europe. The planned purchase signals BNP Paribas’ ambition to cement itself firmly as a leader in the asset management sector by absorbing AXA IM, which boasts close to €850 billion in managed assets. Through this acquisition,
Bourgeois Boheme (BoBo), a FinTech firm based in Vilnius, Lithuania, has achieved a significant milestone by successfully completing a €6.5 million seed funding round led by Graphit Lifestyle. This funding round marks an important step in BoBo’s journey to modernize financial management for a new generation of wealthy entrepreneurs through the digitization of family cash flow management. Revolutionizing High-Value Transactions
Aleta Planet, a leading payments solutions provider based in Singapore, has secured a significant strategic investment from National Pulse, a strategic management company in the United Arab Emirates (UAE). This investment aims to propel Aleta Planet’s growth and enhance its market presence across the UAE, Middle East, and Africa. The deal underscores a robust partnership focus and will likely act
Visa, a global leader in digital payments, has unveiled a new Online Toolkit designed to help small and medium-sized businesses (SMBs) in Vietnam effectively accept and utilize Visa’s contactless payment solutions. This initiative is part of Visa’s ongoing commitment to empower Vietnamese SMBs and stimulate the national economy by streamlining the adoption of modern payment methods. With the rise of
Ripple, a pioneer in enterprise blockchain and cryptocurrency solutions, and the National Federation of Associations of Central Bank Servers (Fenasbac), a significant entity in Brazil’s financial sector, have recently announced a groundbreaking partnership. This collaboration aims to accelerate fintech innovation in Brazil through the Next accelerator program. Leveraging Ripple’s XRP Ledger, this initiative seeks to provide early-stage fintech startups with
Payac Services CLG, an Irish credit union-owned payment services provider, is partnering with Nexi, a leading European PayTech company, to deliver SEPA (Single Euro Payments Area) Instant payments to a wide network of credit unions across the Republic of Ireland. This strategic alliance aims to revolutionize digital payment solutions for credit union members, promising numerous benefits and ensuring compliance with
The fintech and payment processing industries are abuzz with the announcement of an exciting new partnership between Surfboard Payments and Cardstream Group. This strategic alliance aims to reshape the UK payment landscape by leveraging innovative technologies to deliver seamless, integrated solutions for various stakeholders, including merchants, Independent Software Vendors (ISVs), Independent Sales Organizations (ISOs), and Payment Facilitators (PayFacs). The collaboration
Wine investment has always been shrouded in layers of tradition and exclusivity. However, Cantinium, a trailblazing startup, is now merging this age-old practice with cutting-edge blockchain technology. In doing so, Cantinium is bringing unparalleled levels of transparency, authenticity, and accessibility to the world of fine wine investment, particularly focusing on premium Italian wines. By leveraging Non-Fungible Tokens (NFTs), Cantinium is
BLIK, a renowned Polish mobile payment service, is making strides into the Slovak market through a strategic partnership with Tatra banka. This development promises to revolutionize digital transactions in Slovakia, bringing the efficiency, speed, and security that have made BLIK a household name in Poland. Let’s explore this significant move and what it means for Slovak consumers. BLIK’s Expansion Journey
