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

FNEX Alternatives Market to Provide Wealth Management Professionals with Access to Investment Opportunities

FNEX, a fintech-enabled investment bank, announced the launch of the FNEX Alternatives Market, a platform designed to provide wealth managers with access to unique curated alternative investment opportunities. The FNEX Alternatives Market offers a “range of high-quality investments, including private equity, real estate, private debt,… Read More

Abrigo’s Loan Review Assistant Targets Credit Risk Evaluation

This week Abrigo, a provider of software and advisory services for financial institutions, launched Loan Review Assistant. This generative AI-powered solution, available as an add-on to Abrigo’s DiCOM Loan Review, is designed to improve the loan review process with a more accurate approach to credit… Read More

S&P Highlights Hot Payments Sector of Fintech

While certain sectors of Fintech have dipped in interest when it comes to capital markets activity, payments continue to be a hot sector of Fintech. According to S&P Global Market  Intelligence, capital markets continue to support payments innovators as technology is changing the way we… Read More

Grasshopper Sees Loan Growth of 24% YoY, Boosts Executive Bench to Support Demand

Reflecting on its loan growth of 24% year over year, Grasshopper reports it is boosting its executive branch to support the demand. Grasshopper is a federally chartered digital bank that holds FDIC insurance for accounts. Launched in 2019, the bank serves both consumers and small… Read More

Xapo Bank Now Offers USD Loans backed by Bitcoin

Gibraltar-based Xapo Bank has announced US dollar-based loans backed by Bitcoin. According to the bank, their customers may access credit of up to $1 million, secured by Bitcoin holders. Terms range from 30 days and up to a year. No penalties for early repayment. By… Read More

Checkout.com and Tabby to Expand BNPL Solutions for UAE and Saudi Retailers

Checkout.com, a digital payments solutions provider, partnered with Tabby, the financial services and shopping app, in order to provide flexible and “high-performing” payment solutions to merchants in the UAE and Saudi Arabia. This partnership integrates Tabby’s BNPL solutions into Checkout.com’s platform, allowing merchants to “offer… Read More

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