360 Group

AltFi | July 30, 2020

Just hours after TransferWise announced a massive $319m secondary share sale that saw the company valued at $5bn, rival remittance fintech Remitly has swiftly followed suit. The fintech announced the closure of an $85m funding round, which was led by Prosus’ PayU, and which saw the fintech valued at $1.5bn yesterday afternoon. Other existing investors in the round include, DN Capital, which has invested in fintechs such as BNext and Raisin, Generation Investment Management, of which former...

Business Wire | September 19, 2020

NXTsoft, the market leader in API connectivity, and FirstClose, a leading provider of fintech solutions for mortgage lenders nationwide, have developed a partnership to connect their solutions for financial institutions using NXTsoft’s established APIs. The partnership gives financial institutions the ability to implement FirstClose’s point-of-sale digital lending platform - at application without additional manipulation of their core banking systems to render an instant loan decisio...

SIX and Nasdaq | April 07, 2020

The Swiss Stock Exchange is to establish a jointly owned company with Nasdaq with the aim of building the largest microwave data transmission network in Europe. The new company, RF Nordic Express AB will build and operate microwave routes for the transmission of market data from Stockholm to London. SIX began offering microwave trading routes in Europe in 2018 through Zurich-based joint venture 12H AG, in which the Exchange now holds a majority stake. Connecting Zurich to London, Frankfurt and M...

FINANCIAL MANAGEMENT

PAYSEND | November 15, 2022

Paysend, the UK-based fintech, today introduced Paysend Libre, which will allow unbanked users in Northern Central America (Guatemala, Honduras, El Salvador) to receive remittances from the U.S. instantly to a Paysend virtual Mastercard digital card. The virtual card is ready to use in minutes for cash withdrawals and online purchases, allowing the millions of people that rely on funds from family members abroad to access their money safely and simply. Paysend Libre is set to launch in Gua...