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Currency risk management and alternative banking specialist Argentex announced French fintech Numeral as its strategic payment technology partner. Currency risk management and alternative banking specialist Argentex has chosen Numeral as its strategic payment technology provider.
Previously called “Cardlite,” the solution will enable BOCHK to enhance the customer experience with new offerings, including its multi-currency Mastercard debit card. Participating in the round were HongShan, Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital.
These included bringing in revenue no less than US$100,000 in 2019 (or the currency value equivalent as of 2019); earning revenues of no less than US$1 million in 2022 (or the currency value equivalent as of 2022); revenue growth from 2019 to 2022 also needs to be predominantly organic (i.e., “internally” generated). . #11
The news last week that Ripple raised $55 million in Series B financing is a reminder of how a growing number of financial institutions are using digital currencies to improve the cross-border payments process.
To determine the best banks of 2024 from Asia and elsewhere, participants assessed banks where they currently have or had a checking or savings account within the past three years, or were familiar with through family or friends. Personal Banking offers accounts, savings, cards, and loans to retail customers. #3
In a Series D round led by GV (formerly known as Google Ventures) and featuring participation by existing investors Anthemis, Notion Capital, Rakuten FinTech Fund, and Sapphire Ventures, cross-border payments innovator Currencycloud has raised $25 million (£20 million in funding). Founded in 2012 and headquartered in London, U.K.,
Several big-name venture capital firms — Andreessen Horowitz, Sequoia, Founders Fund, and General Catalyst among them — invested early, and have continued to participate in follow-on funding rounds to the company. Thrive Capital, Khosla, Kleiner Perkins Caufield & Byers, and Redpoint also participated in early fundraising rounds.As
Enhanced Security : Pay by Bank transactions use the improved security features of online banking platforms, such as multi-factor authentication and encryption, to protect sensitive customer data and transactions. Launched in 2012, Swish was developed by collaborating with all central Swedish banks.
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