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QI Tech becomes new LatAm fintech unicorn in Series B extension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

Brazil , Brazilian , Luiz-ribeiro , Pedro-mac-dowell , Brazilian-central-bank , Credit-company , Qi-tech-the-company , General-atlantic , Mac-dowell , Direct-credit-company , Managing-director , Finextra

Episode Six and DCS Card Centre launch Cards-as-a-Service platform for fintechs

Payment processing provider Episode Six and DCS Card Centre (DCS), Singapore-licensed financial institution, has announced a partnership that will enable fintech companies to issue their own branded credit cards through their own customer interface.

Singapore , John-mitchell , Ceridwen-choo , Card-centre , Episode-six , Asia-pacific , Finextra , News , Online , Bank , Banking , Technology

14Peaks closes $30 million fintech and future of work venture fund

Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), consisting of influential High Net Worth Individuals (HNIWs) and family offices spanning Europe and the United States.

Switzerland , London , City-of , United-kingdom , United-states , Netherlands , Han-sahin , Edoardo-ermotti , Alex-bradford , Partners-lps , High-net-worth-individuals , General-partner

NextGen Nordics 2024: NPC promoting innovation and harmonisation in the Nordics

NextGen Nordics, Finextra’s annual payments event, kicked off on April 23 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry.

Sweden , United-states , Norway , Finland , Denmark , Canada , America , Camilla-akerman , Madhvi-mavadiya , Gary-wright , Nordics-payments-council , Finextra-research

Mauritania commissions G+D to design CBDC

The Central Bank of Mauritania has commissioned Giesecke+Devrient (G+D) to design a digital form of the national currency Ouguiya as a complement to cash.

Ghana , Mauritania , Hong-kong , Banco-do-brasil , Central-bank , Banque-centrale-de-mauritanie , Mohamed-lemine-ould-dhehby , Finextra , News , Online , Bank

Webinar - Instant payments and their impact on the fraud landscape

How can banks reassess their prevention strategies in the face of unprecedented levels of fraud?

United-kingdom , Stijn-meeuws , Maria-christina-diaz , Andrew-dawson , Gary-wright , Business-development , Isabel-group , Head-of-research , Strong-customer-authentication , Economic-crime , Corporate-transparency-act , Christina-diaz

Webinar - Cross border payments: Hitting G20 targets for speed, cos...

How can SaaS support multi-lateral cross border platforms and intelligent routing?

Gary-wright , Head-of-research , Visa , Swift-essentials , Commercial-product-management , Financial-messaging , Treasury-systems , Finextra , News , Online , Bank , Banking

Retail investment app Midas raises $45 million

Istanbul-based retail investing startup Midas has raised $45 million to roll out crypto, mutual fund, and savings account products to its two million users.

Istanbul , Turkey , Turkish , Egem-eraslan , Earlybird-digital-east-fund , International-finance-corporation , Spark-capital , Revo-capital , Finextra , News , Online , Bank

Central banks embark on tokenisation project

The Bank for International Settlements together with seven central banks is embarking on a major project to explore tokenisation of cross-border payments.

France , Japan , Mexico , Greece , Switzerland , New-york , United-states , Swiss , Greek , Cecilia-skingsley , Institute-of-international-finance , Swiss-national-bank

Genesis Bank and Fiserv launch Genesis For Good Catalyst Empowerment Grant programme

Genesis Bank (“Genesis” or the “Bank”), the Genesis Bank Institute for Entrepreneurship (“GBIE”), and the Genesis for Good Foundation (“GFG”), along with Fiserv, Inc. (NYSE: FI), announced today the Genesis For Good Catalyst Empowerment Grant Program.

California , United-states , Neil-wilcox , Stephenh-gordon , Genesis-bank , Catalyst-program , Genesis-for-good-foundation , Catalyst-empowerment-grant-program , Good-catalyst-empowerment-grant-program , Fiserv , Good-foundation , Empowerment-grant-program