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Apple Rolls Out Its Pay Later Offering for Selected Users
Apple has rolled out its Buy Now, Pay Later offering in the U.S., allowing users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can apply for Apple Pay Later loans of
Read MoreThe Impact of Silicon Valley Bank’s Collapse on Fintech
With over 2,600 fintech clients, Silicon Valley Bank (SVB) is more than just bank and venture debt lender. Beyond banking and financing, SVB is also a technology partner to many fintech companies, serving as a gateway for commercial payments and
Read MoreGen Z are Avid Investors and Largely Influenced by Social Media, New Research Found
Members of Generation Z (Gen Z), or those born between 1997 and 2012, are avid investors, participating in stock and cryptocurrency investing at a higher rate and from a younger age than their predecessors, a new report by the Oliver
Read MoreJ.P. Morgan to Acquire Aumni for Its VC Investment Analytics Software
J.P. Morgan has inked a deal to acquire Aumni, a U.S.-based investment analytics software provider for the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Aumni will
Read MoreQik Banco Digital Dominicano Launches on the Temenos Banking Cloud
Qik Banco Digital Dominicano, a subsidiary of Grupo Popular, has launched on the Temenos Banking Cloud to become a digital-only bank. Qik claims to be Dominican Republic’s first digital-only bank. The neobank said that its launch on the Temenos Banking
Read MoreStripe Announces New Round of Funding and Plan to Provide Employee Liquidity
Stripe, which builds economic infrastructure for the internet, has signed agreements for a Series I fundraise of more than $6.5 billion at a $50B valuation. Primary investors include existing Stripe shareholders—Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners,
Read MoreCrowdStrike Partners Dell Technologies to Help Firms Stay Ahead of Cyber Threats
American cybersecurity technology company CrowdStrike has partnered with Dell Technologies to help organisations prevent, detect and respond to cyber threats with frictionless and cost-effective offerings. The alliance entails targeted offerings for businesses of all sizes to enable them to manage
Read MoreUBS Next and Goldman Sachs Invest into Regtech Company Droit
Droit, a New York based technology firm at the forefront of computational law and regulation, announced it has closed a $23 million Series B investment in its latest funding round. The round was led by Pivot Investment Partners and UBS
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