Crypto Lender BlockFi Secures $250M Credit Line From FTX
Crypto Lender BlockFi Secures $250M Credit Line From FTX
June 21, 2022  |  Cryptocurrency

Cryptocurrency lending startup BlockFi secured a $250 million credit line with cryptocurrency exchange FTX to bolster its balance sheet and provide long-term stability. Get the...

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State of Open Banking in Europe, Africa and the Middle East
State of Open Banking in Europe, Africa and the Middle East
June 21, 2022  |  emea

Open Banking (OB) refers to the use of open-source technology and data-sharing in the delivery of financial services. The goals of a more open financial...

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Carla’s $20M Funding to Grow EU Electric Vehicle Marketplace
Carla’s $20M Funding to Grow EU Electric Vehicle Marketplace
June 21, 2022  |  Investments

In the field of online used car marketplaces, Swedish startup Carla differentiates itself from competitors by allowing only full-electric cars and plug-in hybrids to be...

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Stashfin Secures $270M to Expand in Southeast, South Asia
Stashfin Secures $270M to Expand in Southeast, South Asia
June 21, 2022  |  Investments

Digital banking startup Stashfin secured $270 million in a Series C equity and debt funding round that values the firm between $700 million and $800 million, according...

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RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
June 21, 2022  |  Regulation

FinTechs were alerted that non-bank issuers of prepaid payment instruments (PPIs) can’t load cards and digital wallets with funds through credit lines, the Reserve Bank...

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Following Crypto Crash, Search for the Bottom Begins in Earnest
Following Crypto Crash, Search for the Bottom Begins in Earnest
June 21, 2022  |  Bitcoin

As bitcoin crashed well below the psychologically important $20,000 mark over the Juneteenth holiday weekend, bottoming out at levels not seen since the very beginning...

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Nibble Health Raises $8.5M in B2B Healthcare Payments Seed Round
Nibble Health Raises $8.5M in B2B Healthcare Payments Seed Round
June 21, 2022  |  Investments

B2B healthcare payments platform Nibble Health has finalized an $8.5 million seed funding round that will help to streamline the healthcare payments process with the...

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Without Digital Payments, Auto Parts Platforms Would Grind to a Halt
Without Digital Payments, Auto Parts Platforms Would Grind to a Halt
June 21, 2022  |  B2B Payments

Like many industries, auto parts retailing is seeing a digital transformation driven by sellers’ need for efficiency and buyers’ need for streamlined purchasing and regular...

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Debit Holds Edge Over Credit as Economy Sours
Debit Holds Edge Over Credit as Economy Sours
June 21, 2022  |  Payment Methods

In times of turmoil, when the economy wreaks havoc with household budgets, visibility into cash flow becomes king. Get the Full Story Complete the form...

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