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Fintech

Visa | November 19, 2020

The COVID-19 pandemic has made major financial difficulties for organizations and buyers the same. As cash the executives turns out to be progressively computerized, fintechs assume a crucial function in assisting with re-establishing and remake the worldwide economy. To offer expanded help for the environment, Visa today declared two new parts of its fintech Fast Track program. 1. A rich Partner Toolkit to help fintechs accelerate their growth and better serve their customers. Read More

Payments

Western Union | September 06, 2021

The Western Union Company, a leader in cross-border, cross-currency money movement and payments, has announced that KYODAI Remittance will begin utilizing services from Western Union Business Solutions to fulfill business to business (B2B) cross-border payments for corporate customers. This is the first time Western Union Business Solutions has formed a business alliance with a Japanese money transfer company for the purpose of B2B international payments. The first phase of KYODAI...

Fintech

CIBC Innovation Banking, Smart | July 15, 2022

CIBC Innovation Banking is pleased to announce £40 million of growth financing for London-based Smart, a leading retirement technology provider. Smart will use the capital to expand its market growth, accelerate the launch of strategic products, and undertake acquisitions. Smart launched in 2015 with the goal of making pension auto-enrolment and administration simple for businesses and their employees. The company has since expanded to work with financial institutions and go...

WeWork | February 11, 2020

WeWork on Tuesday brought forward its target of becoming free cash flow positive by a year to 2022 as Chairman Marcelo Claure pushes ahead with his five-year turnaround plan aimed at boosting valuation and winning back investor trust. The office sharing start-up, which has gone through a meltdown as its public offering imploded last year, also said it expects to record its first ever $1-billion revenue quarter this year. The company aims to achieve free cash flow of over $1 billion by 2024. As p...