News - Page 10

Portal, a San Francisco-based fintech provider, has raised $34 million in seed funding to support the development of its bitcoin-based decentralized exchange (DEX). The funding round included participation from investors such as

TLDR: Former President Donald Trump’s legal troubles could play a pivotal role in former U.N. Ambassador Nikki Haley’s presidential campaign. Haley believes that if Trump is convicted, the Republican Party will face

The Rosen Law Firm is encouraging investors in Future FinTech Group Inc. to secure counsel before the securities class action deadline of March 18, 2024. The class action lawsuit alleges that defendants

PB Fintech shares rose 3% ahead of its expected announcement of its first-ever quarterly profit. Analysts expect strong premium growth and higher revenues for the company. Dolat Capital predicts a profit of

TLDR: Meesho is expanding its revenue streams by venturing into financial services, including credit marketplace and grocery delivery. Byju’s has launched a $200 million rights issue, resulting in a 99% valuation cut

TLDR: – The US Treasury Department has sanctioned Al-Huda Bank, an Iraqi bank, for its involvement in terrorist financing and money laundering. – The Financial Crimes Enforcement Network (FinCEN) has issued a

Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, is set to retire from his role. Esposito will become a senior director at the investment bank. His retirement

TLDR: Fintech company Sunbit has raised $310m in a debt warehouse facility to fuel the growth of its buy now, pay later (BNPL) solutions. The funding round was led by Citi and

TLDR: Nirvana Insurance has chosen Ascend, a financial operations automation platform, to automate its financial operations. The integration of the platform will allow Nirvana Insurance to enhance its direct bill processing capabilities

Key Points: Facebook is expanding its e-commerce capabilities with the launch of Facebook Shops, a new feature that allows businesses to sell products directly from their Facebook and Instagram profiles. The move