Mastercard Launches New Digital Platform to Integrate Fintech Solutions & Mastercard Capabilities

Mastercard (NYSE: MA) announced on Tuesday the launch of the Mastercard Innovation Engine, which is described as an API based digital platform that enables issuers and merchants a simplified path to rapidly deploying digital capabilities and experiences to their customers. According to Mastercard, the plug-and-play… Read More

Visa Announces New Partnership With Bahrain Fintech Bay to Further Develop Bahrain’s Fintech Ecosystem

Visa recently announced it has partnered with Bahrain FinTech Bay to further support the development of the FinTech ecosystem in Bahrain. According to Visa, Bahrain FinTech Bay was established a year ago and has around 100 partners including financial institutions, technology companies, fintechs, public institutions,… Read More

Following IPO, German Fintech creditshelf Holds First Annual Meeting

creditshelf Aktiengesellschaft (CSQ.F), a Fintech marketplace for small and medium-sized enterprises (SMEs) in Germany, has held its first annual general meeting in Frankfurt am Main following its IPO in July 2018. The company reports solid shareholder participation as 52.16 % of share capital was represented… Read More

FCA Licensed e-Money Institution Paysend Plans Stablecoin on Stellar

Paysend Group, an FCA licensed e-Money institution, is planning to issue a stablecoin in June. Paysend is using Stellar to provide the crypto that will allow its users to send instant global payments without the traditional cross-border fees. Paysend notes that Stellar was designed expressly… Read More

U.S. Fintech ClickSWITCH Raises $13 Million During Series B Funding Round led By Commerce Ventures & Point72 Ventures

ClickSWITCH, a U.S. fintech that claims it simplifies and automates the switch of direct deposits and recurring payments for financial institutions’ new and existing account holders, announced on Tuesday it raised $13 million through its Series B financing round, which was led by Commerce Ventures… Read More

Danish Fintech Pleo Secures $56 Million Through Series B Investment Round

Pleo, a Denmark-based fintech startup, announced on Tuesday it secured $56 million through its Series B investment round led by Stripes, a leading New York-based growth fund, with participation from existing investors, Kinnevik, Creandum, and Founders. This funding comes less than a year after Pleo… Read More

Hong Kong Monetary Authority & Bank of Thailand Sign MoU on Fintech Collaboration, Seek to Investigate CBDCs

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have signed a Memorandum of Understanding (MoU) to collaborate on Fintech innovation between the two regulatory authorities. The MoU was signed between Norman Chan, Chief Executive of the HKMA, and Veerathai Santiprabhob, Governor… Read More

Wirecard Announces Processing E-Commerce Payment Agreement With Apollo

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is now responsible for the entire payment processing in the e-commerce shop of Apollo, which is described as one of the largest optical retailers in Germany. Wirecard reported that it ensures smooth… Read More

SotfBank Vision Fund Invests $800 Million in Working Capital Provider Greensill

Greensill, a working capital provider, has received an $800 million investment from the SoftBank Vision Fund, according to a release from the firm. Greensill said the investment “underscores the value of working capital finance as the most advanced means of providing low-cost capital to companies… Read More

Marvelstone: LATTICE80’s KAYA Token Gets Delisted as Legal Questions Rise

Earlier today, KAYA, the native token issued by LATTICE80, was delisted by COSS.io. In February, LATTICE 80 reported that it had “finished the ICO round 2 with $52 million committed” and planned a 3rd round. The Business Times reported that Rune Evensen, CEO of COSS.io,… Read More

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