While many technology firms face a tightening venture capital market, payments infrastructure provider Rain has demonstrated remarkable resilience by securing a massive $250 million investment just months after its last major funding round. This Series C capital raise, led by ICONIQ, propels the
In the rapidly evolving world of financial technology, the lines between payment processors and traditional banks are becoming increasingly blurred. A key battleground for this shift is a specialized license in Georgithe merchant acquirer limited purpose bank charter. This charter allows fintech
The vibrant street markets and modern convenience stores of Southeast Asia are unified by the near-universal presence of QR codes, yet a hidden technological barrier has long prevented a traveler from the Philippines from seamlessly paying a vendor in Thailand using their local mobile app. This
In a financial landscape where sending money across continents via blockchain can finalize faster than a standard bank transfer across town, the conventional payment system is facing a profound challenge. This paradox highlights a critical inefficiency in traditional banking, particularly where
The flow of capital from diaspora communities back to Nigeria represents a vital economic lifeline, and a new strategic partnership is set to make these financial connections faster and more accessible than ever before. Sterling Bank, a prominent Nigerian commercial bank, has announced a
After navigating a challenging three-year period of declining investment, the global financial technology sector demonstrated remarkable resilience in 2025, with funding surging by a significant 21% to reach a total of $53 billion. This upswing, spread across 5,918 individual deals, signaled a
