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Monday, March 20, 2023
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Hungarian fintech startup Péntech receives funding of EUR 700K

Péntech entered the market in beta mode in the autumn of 2019. Since spring 2020 the digital factoring platform is fully functional and is used by more than 300 registered users.

Ripple Expanding Global Payments Infrastructure across Asia. Innovative FinTech Firms Joining RippleNet to Digitise Global Cross-Border Payments

Blockchain tech-giant Ripple is continuing its penetration across Asian markets partnering with payment service providers in Thailand, Malaysia, and South Korea.

Understanding Stablecoins Recent Hype

A stablecoin is a class of cryptocurrency that attempts to offer price stability by being backed by a reserve asset (mainly USD so far). Tether the most relevant stablecoin was launched back in 2014 and was known as RealCoin.

N26 raises another $100M in extended Series D

N26 extended its Series D funding round to $570M, the company is now valued at $3.5B.

Are central banks going to finally create a digital alternative to cash?

According to a report from research and campaign group Positive Money, central banks should issue a digital version of cash to prevent the ‘privatization’ of money.

In 2020, European digital payments will hit $802 billion transaction value

According to data gathered by Finanso.se the European digital payments market is expected to hit a record $802 billion transaction value in 2020, which means a 9.9% yearly growth rate.

Digital wallets account for 22% of global POS spend

The evolution of the consumer payment method is reshaping payments diversely in its wake around the world. Payment preferences are as diverse as the people that use them. With a close look, we find global trends across the universe of commerce.
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Challenger Banks: Disrupting the Status Quo in Retail Banking

In this blog, we will explore the state of retail banking, the different types of challenger banks, and the attractions of digital challenger banks.

Parker: The First Charge Card for E-commerce with Raised Limits

Parker, a fintech startup co-founded by Yacine Sibous and Milan Ray, has recently emerged from stealth with $157 million in equity and debt funding.

Credit Suisse Struggles to Keep Clients as Overhaul Continues

Credit Suisse Group AG won a $54bn lifeline on Thursday 16 March, giving it the chance to rebuild its business.

Swiss Regulators Step in to Reassure Markets Amid Credit Suisse Turmoil

The global financial markets were rattled on Wednesday following fresh fears about the viability of Credit Suisse.