PayPal launches US Dollar Stablecoin, issued by Paxos Trust Company
PayPal has launched a US dollar stablecoin, PayPal USD, and is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.
FloodFlash announces partnership with Hiscox
FloodFlash, the first insurance technology company to offer sensor-enabled parametric flood insurance, has announced a new partnership with Hiscox.
Petal closes new $200 million debt facility from Victory Park Capital
Company Petal announced that it has closed a committed $200 million debt facility from Victory Park Capital.
Novo launches Novo Funding, secures $125 million facility from Victory Park Capital
Novo announced the launch of Novo Funding, offering small businesses a fast and flexible way to access working capital.
US fintech GoLogiq to acquire Vietnamese fintech platform Symplefy for $30 million
GoLogiq has signed a definitive agreement to acquire Symplefy, a provider of innovative payroll and end-to-end human resource (HR) management solutions.
HSBC announces plans for new joint venture with Tradeshift
HSBC and Tradeshift have announced an agreement to launch a new, jointly-owned business focused on the development of embedded finance solutions.
Building Trustworthy Solutions: A Data Architects Guide to Responsible AI
Responsible AI provides some guiding principles to make sure AI is developed in a way that’s ethical, transparent, and accountable.
Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.
