January 28, 2025 @ 11:02 am By JD Alois  |  

Raisin, a European Fintech based in Germany, has joined the American Fintech Council (AFC), Raisin’s platform aims to enable consumers access to the highest-yielding savings accounts regardless of geography. In the US, Raisin is said to currently work with 70 different banks and credit unions…. Read More

 Tagged AFC, germany, raisin

January 28, 2025 @ 10:27 am By JD Alois  |  

X (formerly Twitter) has long been expected to move into the Fintech sector. Today, we have an announcement from X CEO Linda Yaccarino on a partnership with Visa (NYSE:V) to enable peer-to-peer payments. Via X, Yaccarino shared that the “Everything  App” (IE X) will work… Read More

 Tagged payments, visa, x

January 28, 2025 @ 9:56 am By Omar Faridi  |  

An analysis by iwoca, one of Europe’s SME lenders, reveals that among major economies, SMEs believe that the UK offers the “least support” for businesses and performs the “worst” at creating wealth. Almost a quarter of SMEs (24%) identified the UK “as the worst compared… Read More

 Tagged iwoca, research, sme's, uk, united kingdom

January 28, 2025 @ 8:16 am By Omar Faridi  |  

LendInvest (LSE: LINV), a UK property finance business, announces it passed a key milestone with over £5bn in Funds Under Management (FUM). The FUM total now reportedly stands at £5.14bn, boosted by a “£500 million upsize from one of the business’s existing institutional investors.” Today’s FUM… Read More

 Tagged lendinvest, mortgages, online lending, uk, united kingdom

January 28, 2025 @ 8:11 am By Omar Faridi  |  

Supporting smaller businesses in the UK is crucial because they are the backbone of the nation’s economy, contributing significantly to employment, innovation, and regional development. That’s why Funding Circle UK are pleased to have played a part in this effort through a key partnership. Together,… Read More

 Tagged british business bank, funding cirlce, online lending, sme's, uk, united kingdom

January 27, 2025 @ 9:50 pm By Omar Faridi  |  

Slice Bank, a Bengaluru-based small finance bank, is reportedly set to raise $250-300 million from financial investors and family offices, following its merger with North East Small Finance Bank, which received RBI approval in October of 2024. As it commences banking services rollout to select… Read More

 Tagged Bengaluru, Business Expansion, digital banking, slice bank

January 27, 2025 @ 9:04 pm By Omar Faridi  |  

Paytm, a digital payments company in India, is gearing up for a potential revival of its banking arm, Paytm Payments Bank. The unit faced a significant setback last year when the Reserve Bank of India (RBI) effectively suspended its operations due to regulatory concerns. Now,… Read More

 Tagged digital payments, india, paytm, rbi

January 27, 2025 @ 8:49 pm By Omar Faridi  |  

U.S.-based fintech firm Broadridge Financial (NYSE: BR) is bolstering its presence in India by expanding its tech staff by 26% to 6,800 people over the next three years. This strategic move is aimed at tapping into the vast Indian market, where the company plans to… Read More

 Tagged broadridge financial, Business Expansion, india

January 27, 2025 @ 12:03 pm By JD Alois  |  

Fintechs Tink, Adyen, and Recharge have announced a Pay by Bank service for the German market. Tink, founded in Sweden, is an open banking platform and part of Visa. Adyen (ADYEN:AMS) and Recharge are in the payments sector. Pay by Bank is when users transfer money… Read More

 Tagged adyen, germany, payments, recharge, tink

January 27, 2025 @ 8:44 am By Omar Faridi  |  

HSBC has announced plans to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify international banking for UK residents, offered a multi-currency app and debit card. Users could hold and transact in over… Read More

 Tagged digital banking, fintech apps, hsbc, uk, united kingdom, zing