Nets, Klarna, Partner on BNPL in Nordic Region

Nets, part of Nexi Group – a Paytech, has formed a partnership with Klarna to offer buy now pay later (BNPL) services. Nets is an AI-powered global payments network and shopping assistant. Klarna works with over half a million global retailers to facilitate transactions and… Read More

LendInvest Expands BTL Offer, Boosts Mortgages for Homebuyers

LendInvest, a Fintech offering financing for property developments, has boosted its BTL (Buy to Let) product and mortgages for homebuyers. According to the company, it has expanded its BTL product range with 80% LTV, and reduced rates by up to 15bps across itsrange, with rates… Read More

Consumers Are Increasinly Being Victimized by Fraudulent Activities on Gig Economy Platforms – Report

More than one-third of American consumers have been victimized by fraud while using gig economy platforms, like delivery and ride-sharing apps, according to a new report from TransUnion (NYSE: TRU). This represents a 21% increase from its last survey of gig-economy consumers in July 2023…. Read More

European Digital Bank bunq Enters Insurance Market

bunq, which claims to be one of the largest neobanks in Europe, has taken a significant step forward to upgrade its user-facing AI assistant, Finn, to be fully conversational. The challenger has also “rolled out its worldwide one-time activation travel insurance, in partnership with Qover,… Read More

Open Property Data Association Supports Standardization to Help Enhance Homebuying Process in the UK

The Open Property Data Association supports the standardization of open property data to streamline the homebuying process for buyers, sellers, estate agents and solicitors with its trust framework – another example of #datasharing that will benefit the UK economy. The Open Property Data Association supports… Read More

Robinhood Crypto Introduces Staking for European Clients with Localized Apps to Follow

Robinhood (NASDAQ:HOOD), which recently received a Wells Notice from the SEC, has announced a series of new features offered by Robinhood Crypto specifically designed for its customers in Europe, including staking, localized apps, crypto rewards for new customers, and updated Learn & Earn modules. These… Read More

BIS, Central Banks, IIF Request Financial Institutions to Join Project Agorá, Focused on Cross-Border Payments

Project Agorá, launched by the Bank for International Settlements (BIS), a group of leading central banks and the Institute of International Finance (IIF), is requesting the private sector to join its exploration of how tokenization can enhance the functioning of wholesale cross-border payments. The call… Read More

UK’s Property Lending Firm Blue Shield Capital Receives £25M Loan from OakNorth Bank

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided an initial £25m loan to Blue Shield Capital, a property lending firm committed to simplifying bridge lending. Launched in 2020, by co-founders Gil Ulrich and Jonathan Hitter, Blue Shield primarily underwrites senior bridging loans “backed… Read More

Fintech ABHI, a MENA Region and Pakistan based Earned Wage Access Provider, Enters New Partnership

Alraedah Digital Solutions, a technology company and the innovation arm of Alraedah Digital Group, is pleased to announce a strategic partnership with ABHI, a MENAP-based Fintech specializing in Earned Wage Access and Invoice Factoring. The collaboration marks a significant milestone in Alraedah’s commitment “to fostering… Read More

Payments Fintech Payoneer Reports Record Quarterly Revenue and Profitability in Q1 2024

Payoneer Global Inc. (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses to transact, do business and grow globally,  reported financial results for its first quarter ended March 31, 2024. John Caplan, Chief Executive Officer at Payoneer, said: “Payoneer delivered record… Read More

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