Parafin has raised $100 million in a Series C funding round to grow its embedded finance infrastructure that powers financial services for marketplaces, vertical software-as-a-service...
Kimura Capital is reportedly closing its London-based trade finance business and returning money to investors. The company will continue its ventures in commodity logistics and sports management,...
Cross-border finance FinTech AstroPay has introduced its multicurrency wallet. The new offering, announced by the London-based company Tuesday (Dec. 17), is aimed at simplifying how...
Toshiba Global Commerce Solutions has debuted a marketplace solution for retailers. The Toshiba Commerce Marketplace is designed to connect retailers with a network of technology partners...
The Securities and Exchange Commission (SEC) settled charges with Express, Inc., in which it alleged that the fashion retailer failed to disclose executive compensation paid...
Stablecoin payments infrastructure firm BVNK is expanding to the U.S. after raising $50 million. The company’s Series B round, announced Tuesday (Dec. 17), was led...
New York’s financial watchdog has proposed new measures governing nonbank mortgage lenders. The New York State Department of Financial Services (DFS) says this new regulation would ensure these lenders...
Databricks has announced a Series J funding round in which it is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion so far. The...
Visa’s artificial intelligence (AI) and machine learning capabilities enabled it to block 85% more suspected fraud globally on Cyber Monday compared to a year earlier....