Financial Infrastructure stories - Page 4

UK digital asset investments have shifted to institutional platforms, now capturing over 70% of funding with GBP £2.7 billion raised since 2015.

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

SYSPRO appoints Mathias Høyer as CFO to lead global finance during growth, leveraging his extensive experience in tech-focused financial strategy and transformation.

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

Nearly 42% of data breaches in top fintech firms stem from third-party vendors, highlighting critical supply chain vulnerabilities despite strong internal security.

Airwallex has secured USD $300 million in Series F funding, valuing the fintech firm at USD $6.2 billion and fuelling plans for global expansion.

A JP Morgan survey reveals 71% of institutional traders avoid crypto, citing readiness concerns despite growing momentum in blockchain adoption.

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

Bristol Sport enhances its financial operations by utilising Xledger UK's automated cloud solution, aiming to streamline processes and support ambitious growth.

Zepto, an account-to-account payments technology leader, embraces growth by naming industry veteran Colin Baines as Chief Commercial Officer.

Stripe has announced that the company handled more than US$817 billion (AU$1.2 trillion) in total volume in 2022, up 26% from the prior year.