December 2, 2020 @ 10:49 am By Samantha Hurst  |  

UK challenger bank Monzo has reportedly scored an additional £60 million investment. According to TechCrunch, Monzo revealed it not only has more than 4.8 million users, it also raised the funds, which is priced the same as the previous investment from June 2020. Founded in… Read More

December 2, 2020 @ 9:31 am By Samantha Hurst  |  

Step, a U.S.-based financial services company built for teens and families, announced on Wednesday it secured $50 million through its Series B round, which was led by Coatue, with participation from returning investors Stripe, Crosslink Capital, Collaborative Fund, and Will Smith’s Dreamers VC. To-date, Step… Read More

December 2, 2020 @ 8:07 am By Samantha Hurst  |  

PingPong Payments, a payment service provider for e-commerce sellers, announced on Wednesday it has received its authorization as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. Founded in 2015, PingPong stated that its mission of helping global… Read More

December 1, 2020 @ 3:59 pm By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday it recently won two prestigious marketing awards for its work in 2020, the Davey Award (Awarded for Rebranding), the MarCom Award (Awarded for Video Animation) and was a finalist at the Benzinga Global FinTech Awards in the… Read More

December 1, 2020 @ 3:39 pm By Samantha Hurst  |  

Just a little over a month after announcing its payment capabilities debuted in South Korea, B2B fintech-as-a-service provider Rapyd announced it has launched the capabilities in Thailand. According to Rapyd, the integrated solution is a comprehensive set of local and international payment methods that includes… Read More

December 1, 2020 @ 3:03 pm By Samantha Hurst  |  

Nubank and Chubb announced on Tuesday the launch of a fully digital life insurance offering, Nubank Vida, in Brazil. According to the duo, Nubank Vida is underwritten by Chubb and was developed using the integration capabilities of Chubb Studio, the global digital product distribution platform… Read More

December 1, 2020 @ 2:15 pm By Samantha Hurst  |  

Vivenu, an API-first and fully-featured ticketing platform, announced on Tuesday it secured €12.6 million through its Series A funding round, which was led by Balderton Capital with previous investor Redalpine also doubling down. Founded in 2018, Vivenu is on a mission to make sophisticated live… Read More

December 1, 2020 @ 11:58 am By Samantha Hurst  |  

Yapily, a UK-based open banking infrastructure provider, announced on Tuesday it has appointed Martin Threadkall as its new COO. According to Yapily, Threadkall brings more than a decade of growing payment startup and scale-up businesses expertise. Prior to joining Yapily, Threadkall was notably the Co-Founder… Read More

December 1, 2020 @ 11:47 am By Samantha Hurst  |  

  Backbase, an omni-channel banking solution provider, announced on Tuesday the launch of its next-generation platform, as well as the release of its enhanced Backbase-as-a-Service (BaaS) offering. According to Backbase, the product launches mark an “acceleration” of its move towards a technology-led, single platform play. “Backbase’s… Read More

December 1, 2020 @ 10:34 am By Samantha Hurst  |  

  Cryptocurrency payments platform BitPay announced on Tuesday two new executive hires, Jagruti Solanki, CPA, MBA, CGMA as Chief Financial Officer, and Shaun Worley as Product Vice President.  BitPay reported that prior to joining its team, Solanki served as an Assurance Partner with Aprio, LLP, specializing in technology… Read More

December 1, 2020 @ 9:58 am By Samantha Hurst  |  

    Payment processing platform Klarna announced on Tuesday it has appointed Michael Moritz, partner at Sequoia Capital, as the Chairman of the Klarna Board of Directors and the appointment of three new members to the board: Omid R. Kordestani, former Executive Chairman of Twitter,  Lise Kaae of… Read More

December 1, 2020 @ 8:31 am By Samantha Hurst  |  

  Prime Trust, a blockchain-driven trust company, announced on Tuesday it has launched Prime Liquidity, which is described as a turnkey API-based liquidity engine that enables any fintech app to buy, sell, and hold cryptocurrency. Prime Trust reported that Swan Bitcoin, an automated Bitcoin-only investing… Read More

November 30, 2020 @ 3:46 pm By Samantha Hurst  |  

Less than two years after Coinsquare acquired cryptocurrency trading platform StellarX, financial software engineering company Ultra Stellar has purchased the platform. As previously reported, StellarX is claimed to be the first full-featured trading app for Stellar’s universal marketplace. The exchange operates as a truly decentralized… Read More

November 30, 2020 @ 3:30 pm By Samantha Hurst  |  

Australia’s marketplace trade credit platform Marketlend recently announced it has expanded its Asian division by appointing Andrew Ross to lead origination and insurance endeavors for Marketlend throughout Asia. Ross will notably assist Marketlend to expand its presence in trade commodities, insured backed discounted trade credit… Read More

November 30, 2020 @ 3:21 pm By Samantha Hurst  |  

Sberbank isn’t ruling out the possibility of issuing its own cryptocurrency, Sbercoin, in 2021. According to CEO of Russian banking group, Herman Gef, Sberbank is joining forces with JP Morgan for the crypto project and may launch the currency as an “experiment” next year. Gref… Read More

November 30, 2020 @ 2:22 pm By Samantha Hurst  |  

  Mastercard announced on Monday that it and its partners, TSYS, a Global Payments company, and Extend, have introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments. According to… Read More

November 30, 2020 @ 12:20 pm By Samantha Hurst  |  

  Payment processing platform Klarna announced on Monday the launch of  Livestyle, which is a live fashion show powered by Bambuser’s proprietary Live Video Shopping technology. Klarna claimed that Livestyle is the first of its kind in the western world and fully in line the company’s… Read More

November 30, 2020 @ 11:36 am By Samantha Hurst  |  

  Digital payment service Google Pay has recently announced some changes it will be making in 2021. According to 9to5Google, Google Pay is set to discontinue its peer-to-peer payments on its web platform in the new year. “Starting early in 2021, you won’t be able… Read More

November 30, 2020 @ 10:28 am By Samantha Hurst  |  

  Germany-based banking as a service platform solarisBank is reportedly planning to expand its services in Europe this upcoming year. CEO of the banking group, Roland Folz, revealed to Reuters that he and his team will be working on getting the solarisBank products in a string… Read More

November 30, 2020 @ 8:53 am By Samantha Hurst  |  

  PlasmaPay, a global payment and remittance platform for decentralized finance (DeFi), announced on Monday it has formed a partnership with Kava, a decentralized bank for digital assets providing users with stablecoins, loans, and interest-earning opportunities. According to PlasmaPay, the collaboration will see the full… Read More