Signalling the future of NFTs, this move harmoniously ties the two mammoth industries paving the way for a number of opportunities in product integrations, curated virtual galleries, fan engagements, and the ability to experience the metaverse through the highest echelon of technological advances.
A study from Amadeus reveals that hidden charges levied by financial intermediaries lead to travelers facing high charges for the privilege of paying in a currency they understand.
Sydney-based fintech startup Shouta has announced the closure of its seed funding round having secured $1m in funding from a range of notable investors.
The FINEOS Corporation announced that registration is open for GroupTech Connect, a unique half-day forum for industry leaders to explore the Group Benefits ecosystem, core systems, external distribution, and tech partners working to meet the increasing challenges reshaping the landscape. GroupTech Connect is a kickoff day offering on Tuesday, September 20, 2022 for attendees of InsureTech Connect (ITC), the world’s largest insurtech event.
Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, secured and began deploying $300 million in debt financing from global financial services leader J.P. Morgan, with Neuberger Bermann acting as a mezzanine provider.
Australia’s business finance solutions provider, Earlypay, introduced the country’s first AI-powered Low Doc Invoice Finance product which provides pre-approval in as little as two hours to assist businesses to tap into their customer invoices to improve cash flow. Earlypay launched the product this month and is already experiencing high levels of enquiry.
Standard Chartered completed an industry-first pilot testing of the Trade Financing Validation Service provided by MonetaGo over SWIFT, to mitigate the risks of duplicate trade finance fraud on a global scale. With a view to effectively detecting, deterring and preventing duplicate financing, the Trade Financing Validation Service powered by fintech MonetaGo’s Secure Financing system is the first natively solution that is interoperable between markets.
Boomi, announced it has expanded its global partner program to include new opportunities for its partners worldwide to submit Partner Accelerators to the recently launched Boomi Discover Catalog.
SecondSTAX, a tech company that is building solutions to enhance intra-Africa capital and investment flows, launched the SecondSTAX Portal – a tech-driven order management and execution routing system for investment firms - in Kenya and Ghana, enabling institutional investors to easily invest in the Nairobi Securities Exchange and the Ghana Stock Exchange.
SoftBank Group Corp. (SoftBank) announced that Alex Clavel, Managing Partner at SoftBank Group International (SBGI), has been appointed as CEO of SBGI, effective June 30, 2022. Mr. Clavel will succeed Michel Combes, who is leaving SoftBank to pursue new opportunities.