USA
US VC Investments Show Signs of Stabilization
After 18 months of decline, the US venture capital (VC) investment landscape is showing signs of stabilization and returning to 2019-2020 levels, new data released by Silicon Valley Bank (SVB) show. In H2 2022 and H1 2023, VC investments in
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Jumio Recognized as Representative Vendor for Identity Verification by Gartner
Jumio, a provider of identity verification solutions, has been recognized as a Representative Vendor in the latest Gartner Market Guide for Identity Verification. This is the fifth consecutive year that Jumio has received this recognition. Vendors are selected for the
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PayPal Partners with Meta to Enable Donations on Facebook and Instagram
Paypal announced that PayPal Giving Fund is expanding its partnership with Meta to exclusively enable charitable giving on Facebook and Instagram in the US, UK, Australia and Canada. As an IRS-registered charity, PayPal Giving Fund’s mission is to support charities by
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Finance Automation Platform Ramp Announces $300 Million Series D
Ramp, the finance automation platform announced a $300 million Series D on the back of strong revenue growth, rapidly increasing market share among small and mid-sized businesses, and successful expansion into the enterprise segment over the past year. The company will
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Thoma Bravo Completes Acquisition of ForgeRock; Combines ForgeRock into Ping Identity
Thoma Bravo and ForgeRock announced the completion of Thoma Bravo’s acquisition of ForgeRock in an all-cash transaction valued at approximately $2.3 billion. The acquisition agreement was previously announced on October 11, 2022, and approved by ForgeRock stockholders at ForgeRock’s Special Meeting of Stockholders
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Google Workspace Integrates Stripe in Google Calendar
Stripe announced a partnership with Google Workspace to power paid appointment bookings with Google Calendar. The new feature, which is built on Stripe Connect and Stripe Checkout, enables customers to pay for services directly while making a booking on a
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10 Fintech Accelerators and Incubators in North America to Know
With robust financial markets, advanced infrastructure and technological prowess, North America has emerged as a hotspot for fintech innovation. The continent boasts a myriad of programs designed to propel startups to the top, providing the most promising tech-enabled businesses with
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PayPal Rolls Out Stablecoin Backed by U.S. Dollar
Global payment giant PayPal announced the launch of a U.S. dollar-denominated stablecoin which will be available to consumers, merchants and developers to seamlessly connect fiat and digital currencies. PayPal USD (PYUSD) is backed by U.S. dollar deposits, short-term U.S Treasuries
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2023’s Biggest Fintech Acquisition Deals
The global fintech sector is witnessing a slowdown in deal activity, with companies adopting a cautious “wait-and-see” approach. In the first half of 2023, only 128 mergers and acquisitions (M&A) were recorded, compared to 248 and 188 in the first
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GoFi Taps Provenir for Real-Time Automotive Financing Approvals
Provenir, a provider of AI-powered data and decisioning software, announced that U.S. consumer automotive financing provider GoFi is leveraging its data and decisioning platform to assess an applicant’s credit risk for real-time financing approvals. GoFi is an AI-powered digital lending platform
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