Fintech Airwallex Gains Momentum in Canada as Demand for Global Payments Surges

Airwallex, a global payments and financial platform, announced significant momentum in its Canadian operations, demonstrating rapid growth in revenue and customer base and strong product-market fit among Canadian businesses on the international stage. In the past 12 months, Airwallex has seen a “390% growth in… Read More

TransUnion Report Reveals Number of Consumers Delinquent on Student Loans and At Risk for Default Is Rising

Less than two months since the U.S. Department of Education resumed collections activities among defaulted federal student loan borrowers, new research from TransUnion (NYSE: TRU) reveals that the number of consumers delinquent on student loans and at risk for entering default continues to climb. The… Read More

Innovation Norway Selects Knowit and Mambu to Enhance Core Banking Tech

Innovation Norway has selected Knowit and Mambu to modernise its core banking platform, marking a significant milestone in the digital transformation of public financial services. The solution, powered by Mambu’s cloud-native technology and seamlessly integrated “into the Norwegian financial systems by Knowit, will optimize Innovation Norway’s loan, grant, and guarantee… Read More

Experian Enhances Fraud Fighting Capabilities with Mastercard Identity Insights

Experian announced the integration of Mastercard’s identity verification and fraud prevention technology into the Experian Ascend Platform. This collaboration will enable “efficient identity verification for the company’s more than 1,800 global clients across industries such as financial services, automotive, health, and digital marketing, helping to… Read More

Fintech PhonePe and HDFC Bank to Introduce New Co-Branded Credit Card

PhonePe and HDFC Bank announced the launch of the ‘PhonePe HDFC Bank Co-branded Credit Card’, marking PhonePe’s foray into the co-branded card segment. In partnership with HDFC Bank, this new line of “co-branded RuPay credit cards is designed to meet the evolving financial needs of… Read More

UK’s PensionBee Analysis Reveals Modest Income Growth Won’t Guarantee Comfortable Retirement

UK pensioners may see modest income growth by the end of the decade, but PensionBee, a key player focused on the consumer retirement market, is warning that this “shouldn’t distract from the bigger retirement savings challenge facing millions.” Indeed, it is becoming increasingly difficult to… Read More

Wealthfront Announces Confidential Submission of Draft Registration Statement to SEC for Proposed IPO

Wealthfront Corporation, a Fintech focused on the robo-advisor industry, has recently made two significant announcements that underscore its strategic evolution and readiness to compete in the financial tech landscape. This past month, the company welcomed Michelle Wilson, a seasoned legal executive, to its Board of… Read More

Global Fintech Klarna Rejects Carbon Offsets with $1.25M Fund for Environmental Moonshots

Klarna, the AI-powered global payments network and commerce network,  announced $1.25M in fresh funding for 18 ‘moonshot’ climate projects for 2025 in a further rejection of the traditional ‘carbon offsetting’ model. The latest funding takes Klarna’s total contribution “in climate projects to $8.4 million over… Read More

Checkout.com and Merchant Risk Council to Help Merchants Combat Security Risks

Checkout.com, a global digital payments provider, today announced an extension to its partnership with the Merchant Risk Council (MRC), reinforcing a shared commitment to “helping its members navigate the growing complexities of digital fraud and payment risk.” The renewed multi-year agreement “expands both organizations’ investment… Read More

iCapital and LGT to Digitize Alternative Investment Experience

iCapital, the global fintech platform shaping the future of investing, announced a partnership with LGT, an international private banking and asset management group that has been “fully controlled by the Liechtenstein Princely Family for over 90 years.” Through this collaboration iCapital and LGT launched a… Read More

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