Radiate Ventures bets on companies developing technologies that will drive change and leaders with the persistence to follow through.
Late Friday, we learned that Synapse has filed for Chapter 11 bankruptcy and that its assets will be acquired by payments infrastructure company TabaPay.
This will not come as a surprise to anyone who has been following the slow-moving Synapse saga for the last 12+ months. The company had done multiple rounds of layoffs and had an ongoing dispute with Mercury.
The world's central banks are turning towards CBDCs and real-time payments. FIS has launched infrastructure to support them.
The island seeks to consolidate itself as a leading Caribbean fintech hub, with 55 reported fintech companies as of 2021.
Brex announced partnership with Airwallex to enhance the company's global expansion. The collaboration will bring Brex's solutions worldwide.
For some time Fnality has focused on the development of a wholesale payments system built on blockchain. Today, they closed a funding round to help launch.
Visa is hosting its annual Visa Payments Forum in San Francisco this week, and yesterday, there were some major announcements. Some are calling this the biggest thing in card payments since the card chip.
A fiat-to-payments-and-back app is needed for cryptocurrency to fulfill its original backers' vision and provide real-world utility.
Pinwheel released a consumer finance survey that showed 75% of respondents wished consumer finance relied on more than just credit scores.
The FCA's first deadline for Customer Duty is looming, but many businesses are still noncompliant. It could be an opportunity for growth.