Financial Infrastructure news and trends

Financial Infrastructure Platform QI Tech Achieves Unicorn Status
Investments // April 25, 2024

Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor General Atlantic and Across Capital, QI Tech said in a Thursday (April 25) press release. This announcement comes six months...

Hack VC Raises $150 Million for Web3, Financial Infrastructure Investments
Blockchain // February 20, 2024

Hack VC has closed an oversubscribed $150 million Venture Fund I to invest in early-stage Web3 opportunities. The Web 3 venture capital (VC) firm is led by veteran Web3 venture investors and operators Alex Pack and Ed Roman, who have invested in and advised more than 100 Web3 projects...

Airwallex to Acquire Mexico Payments Company MexPago
Acquisitions // October 19, 2023

Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. This acquisition marks Airwallex’s entry into the Latin American market, unlocking opportunities for businesses in Mexico to operate globally and for international companies to establish...

Banking as a Service Key to Fast-Tracking Embedded Finance for FIs
Digital-First Banking // June 23, 2022

“As far as banking infrastructure goes, the United States has the worst in the modern world.” Chris Dean, co-founder and CEO of Treasury Prime, told Karen Webster that banking as a service can advance financial services in the U.S. to a level that meets and...

Interviews & Exclusives
Banking as a Service Key to Fast-Tracking Embedded Finance for FIs

June 23, 2022
“As far as banking infrastructure goes, the United States has the worst in the modern world.” Chris Dean, co-founder and CEO of Treasury Prime, told Karen Webster that banking as a service can advance financial services in the U.S. to a level that meets and exceeds other nations. But in the meantime, the pipes are […]

Quick Reads
OpenPayd Launches Instant Payments on Brazil’s Pix Network

July 14, 2024
OpenPayd says its clients can now make transactions via Pix, Brazil’s real-time payment network. The new offering, announced by the embedded finance infrastructure provider last week, comes as Brazil is emerging as the world’s most digitally engaged countries, thanks in part to the popularity of Pix. “Pix was developed to combat the challenges created by […]

Financial Infrastructure Platform QI Tech Achieves Unicorn Status

April 25, 2024
Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor General Atlantic and Across Capital,...

Hack VC Raises $150 Million for Web3, Financial Infrastructure Investments

February 20, 2024
Hack VC has closed an oversubscribed $150 million Venture Fund I to invest in early-stage Web3 opportunities. The Web 3 venture capital (VC) firm is led by veteran Web3 venture investors...

Airwallex to Acquire Mexico Payments Company MexPago

October 19, 2023
Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. This acquisition marks Airwallex’s entry into the Latin American market,...