BNY Expands Investment Offerings as Assets Under Custody Surpass $50 Trillion
BNY plans to expand its investment offerings with managed accounts. The company achieved over $50 trillion in assets under custody.…
Zilch Plans to Boost Workforce Amid Profit Growth
Zilch plans to expand its UK workforce to 450 employees. The fintech firm aims for full-year profitability in its current…
Mercado Libre Achieves Record Sales in Argentina’s Economic Transition
Mercado Libre reports record 20 million product sales in Argentina in August. Tech product sales, like notebooks and tablets, drive…
Mercury Secures $100 Million Credit Facility to Expand Corporate Card Business
Mercury secures $100 million to enhance corporate credit card services. The facility allows broader credit access for startups and entrepreneurs.…
Kriptown Secures €4.2 Million for SME-Focused Stock Exchange
Kriptown raised €4.2 million for a new SME stock exchange. The platform aims to enhance SME funding using blockchain technology.…
Fabrick and TerraPay Collaborate to Streamline European Cross-Border Payments
Fabrick and TerraPay collaborate to enhance cross-border payments in Europe. The partnership offers businesses streamlined payment solutions and regulatory compliance.…
Round Secures $2.1 Million Pre-Seed Funding to Aid SMBs in Financial Management
Round raised $2.1 million to aid SMBs in financial management. The platform offers integrated banking, treasury, and cash management solutions.…
JPMorgan Expands Branches to Compete with Neobanks for Low-Income Clients
JPMorgan plans 100 new branches in low-income urban and rural areas. Neobanks continue to attract customers through innovative digital services.…
Plumery Secures $3.3M Funding to Enhance Digital Banking Platform
Plumery raises $3.3M, bringing total funding to $7.8M. Funds will boost sales, marketing, and product development efforts. Plumery's platform enables…
PayPal Completes First Business Transaction Using PYUSD Stablecoin
PayPal used its stablecoin PYUSD for a business transaction with Ernst & Young. Stablecoins offer stability compared to volatile cryptocurrencies…
