News

Blackrock Launches Its First Tokenized Fund on Ethereum

BlackRock unveils its first tokenized fund issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (“BUIDL”) BUIDL will provide qualified investors with the opportunity to earn U.S. dollar yields by subscribing to the Fund through Securitize Markets,

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10 Fintech Events Taking Place in Q2 2024 in the USA and Canada

North America is a dynamic fintech hub, with major centers located in New York, San Francisco and Toronto. The region excels in areas like digital payments, digital assets, and robo-advisory services. These sectors have propelled the region’s prominence in the

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Fintech Outsourcing Colombia: Cynergy BPO – Elevating Customer Experience

In the rapidly evolving fintech landscape, companies are in a constant quest for strategic advantages to enhance their customer experience and operational efficiency. This pursuit frequently leads them to explore global opportunities for fintech outsourcing, with Colombia distinguishing itself as

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SAP Rolls Out New Cloud Payment Solutions for Retailers

SAP announced a new composable payment solution to help retailers stay ahead of changing customer expectations. The new solution, SAP Commerce Cloud, open payment framework, helps retailers become more agile as new payment options – such as buy now, pay

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Coinshares Completing Acquisition of Valkyrie ETF Business Including US Bitcoin ETF

CoinShares, a European investment company specialising in digital assets, announced the completion of its acquisition of Valkyrie Funds LLC, as well as the Sponsor rights to the Valkyrie Bitcoin Fund, the physically-backed Bitcoin ETF. With the addition of approximately Valkyrie’s

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Visa and Western Union Expand Partnership to Enhance Global Money Transfers

Visa and Western Union have entered into a seven-year agreement to significantly enhance the way money is sent across borders. This collaboration aims to simplify the process for Western Union customers to transfer funds directly to Visa cardholders and bank

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Colombian B2B Fintech Simetrik Raises $55 Million Series B Led by Goldman Sachs

Simetrik, a B2B financial solutions platform founded in 2019 in Colombia, announces a $55-million Series B funding round led by Growth Equity at Goldman Sachs Asset Management. Other investors joining this round include FinTech Collective, which led the Series A,

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Nuvei Launches Direct Local Acquiring in Colombia

Nuvei Corporation, the Canadian fintech company, announces that it has launched direct local acquiring capabilities in Colombia, further expanding its presence in Latin America  and strengthening its overall footprint in the region. Nuvei is the first global payments company to

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Citi Collaborates to Explore Tokenization of Private Markets

Citi has announced that it has successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree. The proof of concept, which was conducted on the Avalanche Spruce institutional test Subnet, found that smart-contract

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Apple Claims Expanding Reach in Finance with 12M Credit Card Users and US$10B in Savings Balances

Apple has been steadily expanding its foothold in the financial services industry, with new data released by the company revealing more than 12 million users of its Apple Card credit card product, and US$10 billion in total balances in Apple

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