Ujjivan Small Finance Bank Limited

Fintech

Visa, Currencycloud | July 23, 2021

Visa announced today that it has entered into a definitive agreement to purchase Currencycloud, a worldwide platform that enables banks and fintechs to provide innovative foreign currency solutions for cross-border payments. Currencycloud is valued at £700 million, including cash and retention incentives, as part of the acquisition, which builds on the two firms' existing strategic cooperation. The financial consideration will be decreased by Visa's existing ownership of Currencycl...

Bitcoin and Crypto

MoneyGram | June 13, 2022

MoneyGram and Stellar Development Foundation announced the initial roll-out of a first-of-its-kind global on/off-ramp service for digital wallets to increase the utility of digital assets by creating a bridge between cash and cryptocurrencies. The service, which is the result of a partnership announced in October 2021 between MoneyGram and SDF, is now available in several key remittance markets, including Canada, Kenya, the Philippines, and the United States, for the first wave of users, with gl...

Fintech

Financial Finesse | October 17, 2022

Financial Finesse, the country's leading independent provider of financial wellness coaching as an employer-paid benefit, today announced the launch of Financial Finesse Ventures—a first-of-its-kind venture arm for socially responsible FinTech. As the pioneer of financial wellness, Financial Finesse is bridging the financial literacy gap by delivering unbiased, life-changing financial coaching to millions of Americans. The launch of Financial Finesse Ventures—a nat...

Tesla | February 05, 2020

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the Nasdaq pulled back from record levels as losses in Tesla shares weighed. Private-sector payrolls increased by 291,000 in January, the ADP National Employment Report showed, far above expectations of 156,000 job additions. Meanwhile, the Institute for Supply Management’s (ISM) data showed U.S. services sector activity picked up last month following...