DailyCrowd Staff – Page 12

Hong Kong Regulator Initiates Pilot Program for Tokenization

The Hong Kong Monetary Authority (HKMA) has launched the second phase of its digital Hong Kong dollar (e-HKD) pilot project. This initiative, Project e-HKD, includes...

Revolut Secures Investment from UAE Sovereign Wealth Fund

Challenger bank Revolut has achieved a remarkable valuation of $45 billion following an investment from Mubadala, the sovereign wealth fund based in Abu Dhabi. As...

Bank of England to Establish AI Consortium

The Bank of England (BoE) is actively seeking participation from financial services firms for its newly established consortium focused on artificial intelligence (AI). This initiative...

Trinidad and Tobago to Implement India’s UPI Payment Technology

Trinidad and Tobago has recently partnered with NPCI International Payments to establish a real-time payment system inspired by India's Unified Payments Interface (UPI). The Ministry...

Irish Fintech Investment Declines by 90% in the First Half of the Year

The initial half of 2024 has witnessed a substantial drop in investment within Ireland's fintech sector, signaling a shift towards more cautious attitudes among investors....

Paysend Introduces Paysend Libre in Mexico to Serve the Underbanked Community

In a bid to enhance financial accessibility in Mexico, Paysend has introduced Paysend Libre, a service supported by Mastercard. This initiative aims to empower the...

Zepz Secures $267 Million in Funding for Remittance Services

Zepz, a London-based money transfer company, has successfully secured $267 million in its latest funding round, which was spearheaded by Accel. Joining the investment were...

EIB Unveils Strategy to Increase Funding for European Fintechs

The European Investment Bank (EIB) has introduced a comprehensive set of initiatives aimed at enhancing financial support for fintech companies and startups across Europe. This...

Mastercard Aims for Real-Time Card Payment Solutions in South Africa

South Africa is poised to lead the way as the inaugural nation to embrace Mastercard's initiative for real-time card payments. The company is implementing enhanced...

Pockit Acquires Monese

Pockit, a UK-based fintech committed to serving low-income and underserved communities, has reached an agreement to acquire the beleaguered mobile banking service Monese. While the...