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Currency Risk Management Firm Argentex Partners with French Paytech Numeral

Finovate

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.

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Finovate Global Hong Kong: Open Platforms, Web3, and New Opportunities for Octopus

Finovate

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.

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Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times

Fintech News

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

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Ripple Raises $55 Million Series B; Announces New Bank Partners

Fintech Labs Insights

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.

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

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

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Currencycloud Collects $25 Million in New Funding

Fintech Labs Insights

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.,

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

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