BaFin Reports that Profitability of Germany based Small and Medium-sized Banks and Savings Institutions Has Improved

Profitability of Germany’s small and medium-sized banks and savings banks (less significant institutions, or LSIs) improved considerably in 2023. This, according to an extensive update from BaFin. BaFin noted in a recent report that institutions in Germany have achieved stronger earnings during the period of… Read More

Hong Kong Securities and Futures Commission Grants Fintech Airwallex Licence to Offer Asset Management Services

Airwallex announced that Airwallex Capital is now licensed by the Securities and Futures Commission of Hong Kong (SFC) in order to offer asset management services, paving the way for the upcoming launch of its Airwallex Yield in Hong Kong early next year. As explained in a… Read More

Banking as a Service Fintech Treezor Obtains PCI DSS Certification for Card Issuing

Treezor, the enabler of Banking-as-a-Service, became one of the first BaaS providers to obtain PCI DSS certification for card issuing. This certification “testifies” to Treezor’s operational and technical capacity to comply with the most “demanding” security standards and paves the way for developing new card-related… Read More

Finance and Investor Relations focused Research Firm Quartr Secures Investment from Altos Ventures

Quartr, a software and data provider enabling qualitative public market research for finance and investor relations (IR) professionals, announced the closing of a $6 million investment from Altos Ventures. Altos is a San Francisco-based venture capital firm that is reportedly known for its uncommonly patient… Read More

Digital Payments Platform Checkout.com Teams Up with Global Fintech Octopus

Checkout.com, a digital payments provider, announced a partnership with Octopus, Hong Kong’s “homegrown” global fintech, in order to enable online payment for customers of Hong Kong’s leading payment choice – becoming the global payment service provider (PSP) to add Octopus as a payment option at… Read More

UK Fintech Pockit to Acquire European Financial Technology Company Monese

The UK Fintech firm Pockit and the pan-European fintech Monese announce that they have agreed terms for Pockit to acquire Monese,a deal that’s currently subject to Change in Control approval by the UK’s Financial Conduct Authority (FCA), creating the fintech for the “financially underserved” and… Read More

Kate Hampton, CSO at NMI, Comments on How Embedded Payments Help Firms Create Improved Customer Experience

Kate Hampton, Chief Strategy Officer at NMI, recently shared her views and insights with Crowdfund Insider. As noted in the update shared with CI, embedded payments are revolutionizing the financial landscape, with major companies like Google Chrome leading the way. By integrating embedded payment technology,… Read More

Banked Strengthens Position in Australia’s Real-Time Payments Market with Acquisition of Waave

Banked has reportedly gained foothold on Australia’s real-time payments market with the acquisition of Waave, sparking strategic partnership with Chemist Warehouse. Banked’s acquisition of Waave underscores commitment to building a truly global Pay by Bank platform. Waave’s work with Chemist Warehouse in developing Pay by… Read More

UK’s Digital Bank Monzo Expected to Reach £4.5B Valuation via Potential Employee Share Sale

UK’s digital bank Monzo is reportedly expected to reach a substantial £4.5 billion valuation through a potential employee share sale. This is according to a recent report by Sky News. It is worthwhile to note that Monzo, in its early days of existence, raised money… Read More

Bitpanda Technology Solutions Announces Availability of Security Tokens for Investors

Security tokens at Bitpanda are aimed at enabling new era of investing. The European Fintech firm recently shared that Bitpanda is the first crypto platform to make this particular asset class available to potentially millions of retail investors. All Bitpanda customers are now able to… Read More

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