June 18, 2024 @ 1:02 pm By JD Alois  |  

Mexican payments platform Clip has announced $100 million in funding provided by funds managed by Morgan Stanley Tactical Value. The Fintech said the valuation was “in line” with its Series D funding round. Adolfo Babatz, Clip’s Founder and CEO, said the money represents the validation of… Read More

 Tagged clip, mexico, payments

June 18, 2024 @ 8:56 am By Omar Faridi  |  

More parts of the UK economy grew in May than at any time in the last 15 months, according to the latest Lloyds Bank UK Sector Tracker. While the overall rate of output growth across the economy “slowed marginally in May (53.0 vs. 54.1 in… Read More

 Tagged economic activity, lloyds bank, research, uk, united kingdom

June 18, 2024 @ 8:55 am By Omar Faridi  |  

FINBOURNE Technology’s solutions deliver an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market. The firm has announced that it has raised £55m in Series B funding. This latest  funding round was “led by… Read More

 Tagged finbourne, funding round, uk, united kingdom

June 18, 2024 @ 8:53 am By Omar Faridi  |  

Dineo Crédito, Spanish microlender part of the international retail leader Cash Converters group, has entered a partnership with Mambu, the cloud banking platform. The move will see Dineo Crédito migrate from its in-house core system to Mambu, where it plans to “launch innovative lending products… Read More

 Tagged cloud banking, dineo crédito, mambu, spain

June 18, 2024 @ 3:21 am By Omar Faridi  |  

With a stabilizing tech sector, easing interest rates and an IPO on the horizon, accounting and banking software platform Ageras eyes both growing supply and demand for a pan-European consolidation in the fintech and business software market “servicing Europe’s almost 25 million SMEs.” And according… Read More

 Tagged ageras, banking, europe, sme's

June 18, 2024 @ 1:07 am By Omar Faridi  |  

KPMG Enterprise Barometer 2024 unveils optimism and ambitious growth among Ireland’s indigenous businesses, with nearly two-thirds (65 percent) expecting to increase turnover within the next 12 months, compared to 55 percent in 2023. On behalf of KPMG, RED C surveyed nearly 200 decision-makers “in indigenous… Read More

 Tagged ireland, research

June 17, 2024 @ 11:04 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) and the Bank of Canada launched the Toronto Innovation Centre, the first such centre to be established in the Americas and the seventh to be opened by the BIS in collaboration with partner central banks around the world. The… Read More

 Tagged bank for international settlements, bank of canada, bis

June 17, 2024 @ 10:04 pm By Omar Faridi  |  

barq, a digital wallet for consumers and businesses in the Kingdom of Saudi Arabia, and Thunes, a global money movement innovator, announce the signing of a Memorandum of Understanding (MOU) to expand international money transfer opportunities for barq’s users. In the partnership, Thunes will provide… Read More

 Tagged barq, digital wallets, saudi arabia, thunes

June 17, 2024 @ 8:41 pm By Omar Faridi  |  

Liberis, the global embedded finance platform announced today, a partnership with Paytrail, the Finnish online payment service provider. Paytrail Financing, powered by Liberis, is designed to “offer e-commerce businesses in Finland revenue-based financing within a simple 4-click journey.” Revenue-based finance is not yet “a staple… Read More

 Tagged embedded finance, finland, liberis, payments, paytrail

June 17, 2024 @ 8:32 pm By Omar Faridi  |  

With this strategic partnership project, BNP Paribas and BPCE wish to take a major new step in the payments field by jointly acquiring the best technology for processing payments for card holders and merchants. This processor would handle all card payments “from BNP Paribas and… Read More

 Tagged bnp paribas, bpce, digital technology, payments