London’s Fintech Startup Fintern Acquires £32M in Capital to Expand Access to Affordable Loans in UK Markets by Omar Faridi

Milestone: BitGo Surpasses $700 Million of Total Crime/Excess Specie Insurance Capacity

      BitGo, a digital asset financial services provider, announced earlier this week it has surpassed $700M of total Crime/Excess Specie insurance capacity. The company reported that in 2020, it claims it became the first digital asset custodian to offer clients the ability to… Read More

Klarna Teams Up With Digital Platform Milkywire for “Give One” Initiative

    Payment processing and global retail banking platform Klarna announced on Friday it has teamed up with Milkywire, a new digital platform for enabling impact through grassroots NGOs, as its strategic partner for its Give One initiative. Klarna reported that as part of the program, it will… Read More

Safenetpay, an E-Money Institution Authorized by UK FCA, Partners with Payments Specialist Banking Circle

One-stop business payment solution provider, Safenetpay, has partnered with payments specialist, Banking Circle, to enhance its international payment offering. By utilizing Banking Circle’s multi-currency accounts, SEPA and SWIFT transactions solutions and foreign exchange (FX) capabilities, Safenetpay’s business clients will be able to “access additional currencies,… Read More

Toast Joins Forces With U.S. Small Business Administration to Provide Restaurants with Access to $28.6 Billion Restaurant Revitalization Fund

  Toast, a U.S.-based restaurant management fintech platform, announced on Thursday it has formed a partnership with the U.S. Small Business Administration (SBA) to help provide customers with access to funds made available through the $28.6 billion Restaurant Revitalization Fund (RRF). Toast reported that the partnership… Read More

UK’s National Fraud Database Cifas Reports Identity Fraud Up Significantly, New Survey Finds Digital IDs May Solve Problem

Survey results shared by Duff & Phelps, A Kroll Business on Tuesday (April 21, 2021) revealed that 81% of respondents either agreed or strongly agreed with the idea that digital IDs may improve our ability to combat financial crime across the financial services sector. Duff… Read More


Prospa Releases Trading Report: Loan Volumes Returning Faster than Anticipated

Prospa (ASX:PGL), an online lender serving Australia and New Zealand, has released a Q3 2021 trading report stating that loan origination volumes have returned to pre-COVID levels faster than anticipated. According to the company, loan originations in Q3 2021 (Jan-March) stood at $121 million –… Read More

Fintech Investors Take a Look at B2B’s Future During UK Fintech Week 2021

Fintech

    Fintech investors took to the stage of UK Fintech Week 2021 on Wednesday to take a closer look at the development of business-to-business (B2B) fintechs. The breakout session’s description reads: “FinTech has proved its resilience in a time of crisis, and B2B FinTechs,… Read More

Fintech as a Service Tech Provider Yimba and BaaS Platform Railsbank to Offer Solutions for Improving Digital Wallet Experience

Yimba, a FAST (Fintech As a Service Technology) company, and Railsbank, the global Banking-as-a-Service (BaaS) platform, are teaming up to offer clients with products and services that will improve their digital wallet experience with “the likes of Apple Pay, Samsung Pay, and Google Pay.” As… Read More

Various Digital Payment Experts Sat Down at UK Fintech Week 2021 to Discuss The Sector’s Recent Growth (Video)

On Wednesday, a group of digital payment experts sat down at UK Fintech Week 2021 to discuss the industry’s growth and development through the years. During the breakout session, the group explored the digital payments “boom” and took a closer look at the success stories… Read More

Buy Now Pay Later Fintech Affirm Announces Acquisition of Returnly For Approximately $300 Million

    U.S. fintech Affirm announced on Wednesday it has acquired Returnly, online return experiences, and post-purchase payments platform, for approximately $300 million. According to Affirm, Returnly serves more than 1,800 merchants, has helped process more than $1 billion in returns, and has been used by over… Read More

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