QED Investors Announces Investment in Fintech NymCard, Enhancing MENA Region’s Payments Infrastructure

NymCard, the embedded finance platform operating across 10+ countries in MENA, has secured $33 million in its Series B funding round, led by QED Investors. This marks QED Investors’ most “significant” investment in the region – and the first time leading a deal in the… Read More

Fintech CEO Shares What He Wants to See in Chancellor’s Spring Statement

Rachel Reeves, Chancellor of the Exchequer, will deliver the annual Spring Statement next week, with expectations of dramatic changes to the UK government’s economic policy. Reeves is anticipated to seek a balancing act of slashing government red tape and reducing government expenditures while adopting policies… Read More

AffiniPay Introduces Credit Card Integrated with Legal Practice Management Software for Enhanced Spend Management

AffiniPay, a firm focused on legal practice management software, integrated payments, and embedded fintech solutions for professionals, announced the early access launch of MyCase Smart Spend, powered by the LawPay Visa Business Card, the credit card to integrate with legal practice management software for streamlined… Read More

Chancellor Rachel Reeves Meets with Top Fintechs in Advance of Spring Statement

Chancellor of the Exchequer Rachel Reeves has met with a group of top Fintechs in advance of next week’s Spring Statement, according to a report from Sky News. This follows an announcement about the UK government’s new policy of slashing red tape and reducing regulatory… Read More

Malta Financial Services Authority (MFSA) Research Reveals Majority of Clients Enrolled in Mobile Banking

A research study carried out by the Malta Financial Services Authority revealed that over 60% of clients are enrolled in mobile or internet banking. The data indicates that the usage of digital services has increased, particularly for mobile banking, while branch footfall has “overall decreased… Read More

Switzerland’s PostFinance Now Focused on Instant Payments and Crypto Offering

PostFinance, one of Switzerland’s financial institution and a subsidiary of Swiss Post, released its 2024 annual results, shedding light on a year of challenges and positive developments. With 2.5 million customers and a reputation for stability, the bank faced a volatile economic landscape marked by… Read More

Corporate Payments Fintech Corpay Announces Cross-Border Business Expansion with Luxembourg Office

Corpay, Inc. (NYSE: CPAY), a global enabler of corporate payments, is announcing its entry into Luxembourg with the establishment of an office for its Cross-Border business. As part of Corpay’s expansion in Europe, this move aligns with the company’s strategy to “enhance its presence in… Read More

BNPL Fintech Klarna Announces Closure of Several Overseas Offices as Part of Cost-Cutting Ahead of IPO

BNPL Fintech Klarna has announced the closure of three overseas offices as part of a cost-cutting strategy in preparation for its highly anticipated initial public offering (IPO). The Fintech company reportedly plans to shutter its offices in Amsterdam and Mannheim, Germany, by the end of… Read More

Global Fintech Airwallex and Discover Global Network to Expand Payments Acceptance Options

Airwallex has announced a collaboration with Discover Global Network, enabling merchants to accept Discover and Diners Club International Cards, and other domestic scheme cards as a payment method, “providing greater payment flexibility for businesses and their customers.” Airwallex merchants can now accept Discover and Diners Club… Read More

ICBA Payments and Mastercard to Upgrade Customer Payment Experiences for Banking Institutions

ICBA Payments, the payments subsidiary of the Independent Community Bankers of America (ICBA), announced its partnership with Mastercard (NYSE: MA) to offer upgraded card and payment services for community banks. The alliance with Mastercard will “help community bankers bolster and modernize their card programs through… Read More

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