March 10, 2021 @ 10:32 am By Samantha Hurst  |  

  Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi) announced on Wednesday  the opening of its Latin America headquarters and innovation center in the Torre Reforma building, which is located in Mexico City As previously… Read More

March 10, 2021 @ 10:22 am By Samantha Hurst  |  

    Flutterwave, a U.S. and Lagos-based fintech that’s on a mission to build payments infrastructures to connect Africa to the global economy, announced on Wednesday it secured $170 million through its Series C funding round, which was led by growth-equity firms Avenir Growth Capital… Read More

March 10, 2021 @ 10:02 am By Samantha Hurst  |  

  Menufy, a commission-free, online ordering system for independently owned restaurants and small chains in the U.S., announced on Tuesday it has integrated with Square to help businesses increase their digital ordering volume. Through the integration, restaurateurs that use a Square for Restaurants point-of-sale (POS)… Read More

March 10, 2021 @ 8:01 am By Samantha Hurst  |  

  Paymynt Financial Group, a U.S.-based fintech, announced on Wednesday the launch of its MYNT PayCard, which is a multicurrency hardware wallet. The company reported that MYNT Card is a reloadable smart card that allows users to store and spend multiple currencies. Michael Rosa, CEO… Read More

March 10, 2021 @ 7:49 am By Samantha Hurst  |  

Roostify, a U.S.-based digital lending platform, announced on Wednesday it has appointed Roger Fendelman as its first ever Chief Compliance Officer. According to Roosify, Fendelman has nearly 25 years of experience at the intersection of compliance and technology.  He will oversee the company’s governance, risk,… Read More

March 9, 2021 @ 3:47 pm By Samantha Hurst  |  

    Global fintech infrastructure platform, Nium, announced on Tuesday its clients are now able to send funds to their business partners located in Ghana, Kenya, South Africa, and Tanzania. Customers of Nium are also able to extend this service to their own consumers.  “Traditionally, businesses, fintechs and even consumers looking… Read More

March 9, 2021 @ 3:19 pm By Samantha Hurst  |  

  Fortu Wealth, a UK-based fintech that provides an all-in-one personal finance platform for high-net-worth individuals and a B2B banking-as-a-service (BaaS) solution for private banks and wealth managers, announced on Monday it has formed a new partnership with Currencycloud, a provider of B2B embedded cross-border… Read More

March 9, 2021 @ 2:33 pm By Samantha Hurst  |  

    U.S.-based fintech Dwolla announced on Tuesday it has appointed former Mastercard Senior Vice President of Global Acceptance Solution, David Glaser, as its new President and Chief Operating Officer. According to Dwolla, Glaser has more than 20 years of experience in the enterprise payments… Read More

March 9, 2021 @ 1:59 pm By Samantha Hurst  |  

M1 Finance, a U.S.-based automated money management platform, announced on Tuesday it secured $75 million through its Series D funding round, which was led by Coatue. The latest investment round comes less than six months after M1 Finance raised $45 million through its Series C… Read More

March 9, 2021 @ 1:27 pm By Samantha Hurst  |  

  LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Tuesday the closing of an up to $110 million, 5-year corporate mezzanine credit facility with new partners MidCap Financial Trust (MidCap), managed by a subsidiary of Apollo Global Management,… Read More

March 9, 2021 @ 12:57 pm By Samantha Hurst  |  

  Payment processing and global retail banking platform Klarna announced on Tuesday it has launched an expanded suite of marketing products and services designed to provide retailers with even more tools to drive consumer demand, and acquire, convert, and retain customers. This announcement comes less than… Read More

March 9, 2021 @ 11:11 am By Samantha Hurst  |  

    Global payments platform Veem announced on Tuesday the launch of Veem Local, which is a new product package offering that provides a no-fee domestic payment product, including ACH and check payment options for small businesses. Veem reported that its latest product release puts… Read More

March 9, 2021 @ 10:21 am By Samantha Hurst  |  

HighRadius, a U.S.-based fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Tuesday it has formed a new partnership with Sage. HighRadius reported that as part of the agreement, the company has integrated RadiusOne A/R Suite with the Sage Intacct cloud financial management… Read More

March 9, 2021 @ 9:25 am By Samantha Hurst  |  

  Sontiq, a U.S.-based intelligent identity security (IIS) provider, announced on Tuesday it has acquired data breach intelligence fintech Breach Clarity. Sontiq reported that through the acquisition, its products, IdentityForce, Cyberscout, and EZShield, will now have the proprietary capability, BreachIQ. “BreachIQ analyzes more than 1,300… Read More

March 9, 2021 @ 8:27 am By Samantha Hurst  |  

Digital payments platform Wirex announced on Tuesday the launch of its multicurrency Mastercard debit card in the UK and EEA, as well as its new rewards program, X-tras, across the globe. Wirex reported that after reaching 75,000 people on the waitlist for the new card,… Read More

March 8, 2021 @ 3:32 pm By Samantha Hurst  |  

  Citi announced on Monday the launch of a new service for its institutional clients that speeds up the processing of their cross-border payments through the digitization of supporting documents. Citi reported the service, which is being rolled out initially in South Africa, is claimed… Read More

March 8, 2021 @ 3:20 pm By Samantha Hurst  |  

  Integrated payments platform Paysafe announced on Monday it has formed a new multi-year, global deal with Microsoft to support its strategic move to cloud-based transaction services. Paysafe reported that as part of the collaboration, it is using Microsoft Azure’s open and flexible cloud computing… Read More

March 8, 2021 @ 1:33 pm By Samantha Hurst  |  

    PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Monday it has agreed to acquire Curv, a cloud-based infrastructure for digital asset security that is based in Israel, to accelerate and expand its initiatives to support cryptocurrencies and digital assets. Founded in 2018, Curv states… Read More

March 8, 2021 @ 12:26 pm By Samantha Hurst  |  

  AeroPay, a U.S.-based alternative payments platform, announced on Monday it raised more than $5 million through its venture round, which was led by Chicago Ventures  This investment round comes less than six months after AeroPay secured funds through its seed round, notably led by… Read More

March 8, 2021 @ 12:11 pm By Samantha Hurst  |  

  Chip, a UK-based automatic savings app, announced on Monday it has appointed Tom Evans as its new Chief Technology Officer. According to Chip, Evans joins the fintech from 10X Banking and brings more than 24 years of experience in software development and engineering. Prior… Read More