In a significant move aimed at alleviating the numerous challenges developers face when managing cloud infrastructure, Northflank, a London-based cloud deployment platform, has successfully secured $22.3 million in new funding. This effort seeks to streamline and expedite the coding and deployment processes, addressing an often-cited pain point in the industry. The funding was bolstered by a $16 million Series A
Tranched, a dynamic fintech startup based in London, has made significant strides in the financial industry by raising $3.4 million in pre-seed funding. This remarkable financial injection aims to capitalize on blockchain technology to disrupt and transform asset-based financing. This funding round was led by Speedinvest and backed by other prominent investors, including Andreessen Horowitz’s Crypto Startup Accelerator, Blockwall, Kima,
Volante Technologies, renowned globally for their leadership in Payments as a Service (PaaS), has launched a revolutionary solution aimed at enhancing financial institutions’ control and visibility over their payments business. Known as Volante Payments Intelligence, this sophisticated new solution integrates seamlessly into the Volante Payments Platform, offering a modular approach to address the increasing volume and intricacies of the payments
Consumer preferences for more convenient and secure payment options are driving impressive changes within the payments landscape. A recent survey conducted by payabl., a leading European financial services provider, underscores the significant role digital wallets and Open Banking are expected to play in shaping the future of payments by 2025. The findings reveal a strong inclination among merchants toward adopting
Over the past few years, the digital wallet industry has evolved significantly, expanding from simple payment tools into complex, multifunctional financial platforms. These digital wallets now play a significant role in the broader financial landscape, providing various services, such as account management, financial insights, and access to a variety of financial products, including lifestyle services like travel, restaurants, and events.
In a strategic move to refine and elevate the payment experience for online shoppers, Adyen, a global financial technology platform, has partnered with Zalando, a prominent European online multi-brand fashion retailer. This collaboration designates Adyen as Zalando’s exclusive local payment partner in 15 European countries, including handling specific local payment methods like Cartes Bancaires in France and Bancontact in Belgium.
In an unprecedented move for the fintech and charitable giving sectors, Daffy.org, a cutting-edge platform for donations, has partnered with Robinhood, a prominent player in financial technology. The collaboration enables Robinhood users to donate their crypto assets to nearly any U.S. charity via Daffy’s donor-advised fund (DAF), streamlining the process through Robinhood Connect. This initiative is aimed at making charitable
Aryza Group, a prominent financial software solutions provider, has announced an expanded partnership with GoCardless, a leading global bank payment company, marking a significant transformation in the landscape of payment solutions. This evolving collaboration builds upon their existing relationship to form a comprehensive global partnership that aims to integrate GoCardless solutions across all Aryza platforms. Since becoming a technology partner
Nvidia and SoftBank have taken a groundbreaking step in the tech industry by successfully piloting the world’s first network that integrates AI processing with 5G telecom technology, known as 5G AI-RAN (Radio Access Network). This innovative effort is poised to transform traditional telecom base stations into AI hubs, thus converting them into revenue-generating assets rather than mere cost-incurring infrastructure. Experts
The landscape of Artificial Intelligence (AI) is undergoing a significant transformation, fundamentally altering how we view and approach investment strategies. Initially characterized by rapid advancements, particularly within Generative AI, the field has recently experienced a noticeable deceleration. However, this apparent slowdown should not be mistaken for stagnation. Investors who can keenly identify and capitalize on nuanced technological developments stand to
In a move aimed at simplifying the process of collecting and managing funds for shared expenses, PayPal has begun rolling out a new feature called Pool Money. This feature, now available to PayPal customers in the U.S., Germany, the U.K., Italy, and Spain, makes it convenient for users and their friends and family to pool money for shared expenses. Announced
Félix Pago, a Miami-based fintech startup, has embarked on a transformative journey to reshape the landscape of remittances in Central America through an innovative chat-based platform powered by advanced technology. Their groundbreaking platform utilizes blockchain and artificial intelligence to enable Latino workers in the United States to send money to their families in Latin America seamlessly via WhatsApp. By collaborating
