TechCrunch

APRIL 5, 2022

Lightning Labs is building infrastructure that would enable users to send money across the world almost instantaneously and at a low cost through the Bitcoin network. The Bitcoin layer-one network itself supports about five transactions per second, according to crypto exchange Binance.

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TechCrunch

FEBRUARY 23, 2021

The onset of the pandemic has led to increased demand for digital banking options across customer income groups around the world. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. TymeBank , a South African digital bank, announced today that it has secured an R1.6

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CIO

APRIL 27, 2023

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. Agile networks can respond quickly to changes in the market, customer demands, employee requirements, and technology advances.

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TechCrunch

SEPTEMBER 23, 2021

Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. TrueLayer nabs $130M at a $1B+ valuation as open banking rises as a viable option to card networks. million to help it grow.

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TechCrunch

NOVEMBER 18, 2020

Meet Bella , a new challenger bank launching on November 30th. Second, Bella is trying to build a community that helps each other to differentiate its product from soulless monolithic banking services. When you open a Bella account, you receive a rainbow debit card that works on the Visa network. Let’s start with the basics.

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TechCrunch

MARCH 20, 2023

Banking infrastructure providers are mainly responsible for the proliferation of such solutions. They allow businesses such as mobile operators, e-commerce platforms, and logistics companies to embed and enable banking products for their customers. Banking-as-a-service startup Unit closes on $100M at a $1.2B

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TechCrunch

OCTOBER 22, 2021

XanPool , a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. XanPool says its C2C network now has over $200 million of liquidity. The funding brings XanPool’s total raised since it was founded in 2019 to over $32 million.

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TechCrunch

OCTOBER 6, 2022

Jiko started its life as a mobile bank for consumers. Then last November, Jiko revealed it was pivoting from that consumer-focused model and “accelerating its business-to-business strategy,” as reported by Banking Dive. In 2020, Jiko made headlines by being the first fintech to acquire a nationally regulated U.S.

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TechCrunch

OCTOBER 20, 2022

CEO Jehan Luth says that the new capital will be put toward product research and development and infrastructure growth, as well as toward expanding Banyan’s headcount from 46 employees to 50 by the end of the year. A source familiar with the matter tells TechCrunch that the valuation is in the “mid-$100 million” range.

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CIO

JUNE 10, 2024

Recognizing the crucial role of cybersecurity leaders in safeguarding the Kingdom’s digital infrastructure, the first edition of the CSO30 Awards recently took place in Riyadh, showcasing the cream of the crop in the field. Cybersecurity leadership has become paramount in a world where digital threats loom large.

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TechCrunch

SEPTEMBER 20, 2021

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. That involves two parts. “We want to own the whole ecosystem,” Zhang said to me.

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TechCrunch

NOVEMBER 19, 2020

Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 Features offered include a debit card with cashback on advertising spend, along with cash flow management, invoice and bank statement matching, and liquidity management.

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TechCrunch

OCTOBER 19, 2022

billion new endpoints to Visa Direct ’s digital payments network. Customers of its payments infrastructure include Uber Eats, Grab, MoneyGram, Remitly and Western Union, and it currently processes more than 180 million transactions a year across 130 countries. billion mobile wallet users by 2022.

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TechCrunch

FEBRUARY 13, 2022

The company describes the financial graph as an infrastructure for financial building blocks that allow businesses to write code once, launch in multiple markets and scale faster based on interoperability across regions, providers, banks, and other types of financial accounts. “We Stitch views this graph in three stages.

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TechCrunch

JULY 14, 2021

Phantom is part of a new class of crypto startups looking to build infrastructure that streamlines blockchain-based applications and provides a more user-friendly UX for navigating the crypto world, something that can make the entire space more approachable to a non-developer audience. 0x lets any app be the Craigslist of cryptocurrency.

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TechCrunch

MARCH 23, 2021

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.

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TechCrunch

OCTOBER 27, 2021

We’ve written a lot about fintechs that aim to help other fintechs and traditional banks launch products and services. . The New York-based startup, which provides digital payment infrastructure for financial institutions so they can offer virtual cards to their users, has raised $40 million in a Series B funding round led by March Capital.

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TechCrunch

APRIL 25, 2022

study suggests that while sub-Saharan Africa has the potential to increase (even triple) its agricultural output and overall contribution to the economy, the sector remains untapped largely due to lack of access to quality farm inputs, up to par infrastructure like warehousing and market. A McKinsey and Co. million ($6.4m equity and $6.5m

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TechCrunch

APRIL 6, 2022

Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. With this infrastructure, developers are able to create highly contextualized and event-driven user experiences at the point of purchase,” it claims. Fidel API enables that future.”

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CIO

MAY 22, 2024

Recognizing the crucial role of cybersecurity leaders in safeguarding the nation’s digital infrastructure, the first edition of the CSO30 Awards recently took place in Dubai, showcasing the cream of the crop in the field. Hariprasad Chede, CISO, National Bank of Fujairah (NBF) 14. Irshad Mohammed, CISO, Burjeel Holdings 16.

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TechCrunch

APRIL 28, 2023

Alex caught wind of First Republic Bank’s share woes earlier today, writing that shares were down 40% on reports that the government may step in. He writes, “That’s not so good for the bank, or its customers. . — Christine and Haje The TechCrunch Top 3 The beginning of the end? While during SVB’s time in the barrel the U.S.

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DevOps.com

NOVEMBER 10, 2023

DevOps teams can leverage global network testing platforms to set up simple and flexible global monitoring without breaking the bank.

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DevOps.com

OCTOBER 10, 2022

Whether it’s the office, the classroom, the store or the bank, a great many spheres of human life have moved online. The post Distributed Systems: Turning Networking to Your Advantage appeared first on DevOps.com. Our expanding appetite for the internet depends on an ongoing trend […].

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TechCrunch

SEPTEMBER 14, 2022

Power , a fintech infrastructure startup, is now kicking off its full-stack credit card issuance platform after a year in stealth mode and with $16.1 What makes Power different, according to Fernando, is that the company built its infrastructure from the ground up and doesn’t require third-party apps for card application or management.

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TechCrunch

APRIL 27, 2022

Bogota-based payments infrastructure startup Minka has secured $24 million in a funding round co-led by Tiger Global Management and Kaszek. In an interview, CEO and co-founder Domagoj Rozic described Minka as “a seamless payment network built from the ground up.” Image Credits: Minka. That wasn’t the original plan.

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TechCrunch

AUGUST 25, 2023

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. The promise? In May 2022, Unit closed a $100 million round with a $1.2

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TechCrunch

MARCH 4, 2021

Bolt , an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. billion, based on a 1.5x multiple on GMV of €3.5

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CIO

AUGUST 17, 2023

With a deeply penetrated network of ATMs and cash distribution services across India at over 150,000 business commerce points, CMS Info Systems runs India’s omnipresent ATMs across nearly 97% districts. How widespread and well connected is CMS’ technological infrastructure to manage its vast and complex business?

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TechCrunch

MAY 13, 2021

Blockset , the blockchain infrastructure platform for enterprises by BRD , announced early access to its Wallet-as-a-Service today. Blockset’s clients include some of the largest ATM networks and Japanese investment bank (and BRD investor) SBI Holdings, CoinFlip, Welthee, CoinSwitch, Coinsquare and Wyre.

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CIO

NOVEMBER 27, 2023

Intelligent assistants are already changing how we search, analyze information, and do everything from creating code to securing networks and writing articles. However, the investment in supercomputing infrastructure, HPC expertise, and data scientists is beyond all but the largest hyperscalers, enterprises, and government agencies.

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CIO

APRIL 25, 2023

billion USD investment from Oracle to expand cloud infrastructure capabilities in the Kingdom. He noted that the company was investing heavily to enhance their infrastructure, physical presence, partner network, human resources, and other support capabilities in this region.

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Palo Alto Networks

JANUARY 29, 2024

Palo Alto Networks Participates in White House Quantum Security Roundtable; Selected to U.S. Every day, the security of billions of global digital transactions, from email and online banking to internet-connected medical devices, relies on a time-tested form of encryption called public key cryptography. Cosmos release last year.

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TechCrunch

MAY 5, 2022

Canadian digital bank Neo Financial has raised $145.2 I believe Neo has a shot at owning at least 10% of the aggregated $550B banking sector in Canada (ie. 50B) due to the network effects it has created with its unique merchant loyalty program.”. There aren’t 6,000 regional banks,” Chau told TechCrunch.

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CIO

MARCH 6, 2024

Banking on AI Kavin Mistry, head of digital marketing and personalization at TSB Bank, is another executive exploring how AI and machine learning (ML) can boost CX. For every customer, we want to offer an individualized banking experience.” We’re now knocking the ball out the park when it comes to customer satisfaction.”

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TechCrunch

MARCH 31, 2022

With banks doing their best to deepen financial services to the underbanked and unbanked across the North African country, startups are also playing their part. Meanwhile, one key highlight in Khazna’s journey is its dedication to following the Central Bank of Egypt’s (CBE) push for financial inclusion and a “less-cash” framework.

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TechCrunch

OCTOBER 21, 2021

Earlier today, the data and connectivity startup announced a new payments partner ecosystem that will extend its existing payments infrastructure and make ACH bank transfers a more attractive alternative to credit card transactions. Building a new payments network. It was only a matter of time, really.

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TechCrunch

AUGUST 3, 2021

According to the World Bank , it is more expensive to send money to sub-Saharan Africa than to any region in the world. Founded in 2019 by brothers Paul Ndichu and Eddie Ndichu , Wapi Pay provides a payments gateway for African businesses to receive and send money from Asia via mobile money platforms and bank accounts.

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