August 26, 2020 @ 2:20 pm By Samantha Hurst  |  

Remitly, a U.S.-based online money transfer service for immigrants, announced on Wednesday the expansion of its mobile wallet network, which now reaches over 300 million mobile wallet holders across the globe. According to Remitly, this more than doubling its reach from 160 million earlier this… Read More

August 26, 2020 @ 1:50 pm By Samantha Hurst  |  

Just six months after announcing it secured $35 million through its Series B funding round, payments infrastructure platform Finix announced it has extended the funding round and raised a total of $75 million. Sequoia Capital led the round, with participation from Acrew Capital, Bain Capital… Read More

August 26, 2020 @ 1:31 pm By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday it is offering its services to consumers and merchants in the Canadian market through its new partnerships with various brands and retailers, including American Eagle, Ardene, BikeExchange, Dermalogica, FragranceX.com, Herschel Supply… Read More

August 26, 2020 @ 1:15 pm By Samantha Hurst  |  

Esusu, a U.S.-based fintech that is helping individuals save money and build credit, announced on Wednesday it secured $2.3 million in seed extension bringing total capital raised to $4 million. Participating investors in the investment round included Acumen Fund, Concrete Rose Capital, Global Good Fund, Impact America Fund, Next… Read More

August 26, 2020 @ 11:03 am By Samantha Hurst  |  

BitGo, digital asset financial services provider, announced on Wednesday it has formally applied before the New York State Department of Financial Services (NYDFS) for a New York Trust to operate as an independent, regulated qualified custodian under New York State Banking Law. BitGo reported that… Read More

August 26, 2020 @ 10:35 am By Samantha Hurst  |  

  Plastiq, a U.S.-based intelligent payments solution for small business, announced on Wednesday its card acceptance product, Plastiq Accept is now live and available to the public. According to Plastiq, Plastiq Accept’s enhanced payment acceptance features help businesses get paid faster and more reliably. The… Read More

August 26, 2020 @ 10:16 am By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday it has formed a partnership with global payments network Thunes to enable customers to send money directly to mobile wallets and bank accounts globally through its platform. According to MoneyGram, the collaboration will see additional… Read More

August 26, 2020 @ 8:15 am By Samantha Hurst  |  

Qube Money, a U.S.-based fintech, announced on Tuesday it has integrated with Plaid to help improve budgeting for its customers.  Qube Money revealed that it creates secure, real-time connectivity between someone’s money and the Qube budgeting app. “Qube’s mission is to align people’s use of… Read More

August 25, 2020 @ 4:04 pm By Samantha Hurst  |  

TiPJAR, a UK-based cashless and contactless tipping platform, has successfully secured nearly £500,000 through its equity crowdfunding campaign on Crowdcube. The funding round launched earlier this month, with the original goal of raising £300,000. TiPJAR revealed that its platform was designed for hospitality staff. The… Read More

August 25, 2020 @ 3:36 pm By Samantha Hurst  |  

Xero (ASX: XRO), a global small business platform, announced on Monday it has acquired cloud-based invoice lending platform, Waddle. According to Xero, Waddle helps connect small businesses to invoice finance, a form of secured lending that relies on a business’s unpaid invoices. Founded in 2014,… Read More

August 25, 2020 @ 3:24 pm By Samantha Hurst  |  

Copper Banking, a U.S.-based digital bank for teens, announced on Tuesday it secured $4.3 million through its latest seed funding round, which was led by PSL Ventures with participation from Jack Brody, of Snap Inc and Mana Ventures and Western Technology Investment. Founded in 2019,… Read More

August 25, 2020 @ 2:14 pm By Samantha Hurst  |  

Global cross-border payments company WorldRemit announced on Tuesday it has agreed to acquire Sendwave, an app-based remittance company. According to WorldRemit, Sendwave has built a leading and rapidly growing digital remittance service to East and West Africa, and this summer added Bangladesh, which is its… Read More

August 25, 2020 @ 2:01 pm By Samantha Hurst  |  

JCB, a Japan-based global payment brand, announced on Monday it has extended its partnership with cloud-based digital payments provider Viva Wallet in Europe. The partnership will reportedly enable contact and contactless payment between Viva Wallet’s European merchants and JCB’s 140 million cardmembers through face-to-face and… Read More

August 25, 2020 @ 12:51 pm By Samantha Hurst  |  

PaySafeCard, an Austria-based fintech that is part of the Paysafe Group, announced on Tuesday it has launched its services in Mexico. As previously reported, PaySafeCard claims it has become a global market leader in online prepaid payment methods and part of the portfolio of payment… Read More

August 25, 2020 @ 11:02 am By Samantha Hurst  |  

Artis Technologies, a U.S.-based fintech that provides lending solutions for businesses, announced on Tuesday it raised $1.5 million through its Seed funding round from Fintech Ventures Fund and its affiliates. Founded earlier this year, Artis Technologies claims it powers modern lending solutions for businesses to… Read More

August 25, 2020 @ 8:40 am By Samantha Hurst  |  

FinVolution Group, a China-based fintech that connects underserved individual borrowers with financial institutions, announced on Tuesday its new share repurchase program. whereby the Company is authorized to repurchase its own Class A ordinary shares in the form of American depositary shares (ADS) with an aggregate… Read More

August 25, 2020 @ 7:38 am By Samantha Hurst  |  

Blue Sage, a cloud-based digital lender for retail, wholesale and correspondent lenders, has formed a partnership with fintech FormFree to bring AccountChek automated asset verification service to the Blue Sage platform. According to the duo, this new integration makes it possible for borrowers to verify assets… Read More

August 24, 2020 @ 10:38 pm By Samantha Hurst  |  

  Blockchain security and analytics firm Chainalysis announced on Monday it has formed partnerships with Australia-based payments provider Assembly Payments and cryptocurrency exchanges CoinSpot and CoinJar to improve compliance standards. Chainalysis reported that CoinSpot and CoinJar will use Chainalysis KYT (Know Your Transaction) and Chainalysis… Read More

August 24, 2020 @ 3:56 pm By Samantha Hurst  |  

Bank of Ireland announced on Monday it has launched Google Pay for all customers. According to the banking group, customers are now able to add personal debit, credit cards, and business debit cards to the payment method’s digital wallet. While sharing more details about the… Read More

August 24, 2020 @ 2:22 pm By Samantha Hurst  |  

U.S. digital bank Radius Bank announced on Monday it has formed a partnership with cross-border solutions provider Currencycloud to offer Radius clients to send money to more than 180 countries around the world. Radius Bank reported that it is using Currencycloud’s APIs to send outgoing… Read More