Fintech News

JUNE 5, 2024

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base. ANEXT Bank has seen a six-fold increase in the volume of cross-border transactions facilitated for its MSME customers.

Micro-Entry

Fintech News

OCTOBER 22, 2024

YouTrip YouTrip illustration, Source: YouTrip Launched in 2018, YouTrip is a mobile financial platform based in Singapore that offers a multi-currency mobile wallet and a contactless Mastercard to make payments in over 150 currencies. The platform is designed for travelers and tech-savvy consumers alike.

FinTech

Fintech News

JULY 23, 2024

The company utilizes data analytics and machine learning (ML) algorithms to conduct comprehensive credit assessments of SMEs, considering financial metrics, transactional dynamics, performance monitoring, and industry risks. In 2023, the company processed over 50 million transactions and achieved annual volume close to US$80 billion.

FinTech

Fintech Finance

APRIL 16, 2024

One of the biggest issues for us was to manage invoices, tax compliance, and multi-currency payments to students globally, and with the new DAC7 regulation requiring data collection and income reporting, the issue has grown bigger,” says Daniel Robaczewski, the founder of Vaqat.

Payment APIs and Integration

Nanonets

SEPTEMBER 19, 2024

It can handle bank statements with complicated layouts (think, multi-line items, nested tables, etc.) "LLM Actions" section to automatically categorise transactions Built-in validation workflows ✅ Pros: 1.   FreshBooks can categorise transactions based on predefined rules, reducing manual data entry.

Payment APIs and Integration

CB Insights

FEBRUARY 13, 2020

Over the last decade, Stripe has expanded its platform beyond payments processing to handling more complex marketplace transactions through Stripe Connect, while also offering complimentary services to help facilitate online commerce, drive growth for customers, and expand the funnel of internet businesses globally. rate per transaction.

Online and Mobile Banking

PYMNTS

APRIL 29, 2016

As is well known by now, Ant Financial , the Chinese micro-lending Internet player, has raised a whopping $4.5 The funding is a striking portrait of demand by investors with dry powder to gain entry into a nascent, technology driven market. billion in its latest financing round, a tidy sum above the $3.5 Sizzle or Fizzle?

CFPB