June 17, 2024 @ 7:33 am By Omar Faridi  |  

Shift4 (NYSE: FOUR), the enabler of integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals. Based in Germany, Vectron has ~65,000 POS locations “across… Read More

 Tagged europe, germany, payments, Shift4, vectron

June 17, 2024 @ 7:30 am By Omar Faridi  |  

Prosper, the savings and investments wealthtech founded by Nick Perrett and Ricky Knox, formerly of Tandem Bank, has reached its £800,000 Crowdcube target before launching to the public. Nick Perrett, Prosper’s CEO said: “We have been overwhelmed by the early show of support in the… Read More

 Tagged crowdcube, prosper, savings, uk, united kingdom

June 16, 2024 @ 11:56 pm By Omar Faridi  |  

Elavon, one of the largest payment processors, has announced a partnership with BMO, the eighth-largest bank in North America by assets, to provide a comprehensive and innovative payment solutions platform to the bank’s clients in the United States. The partnership allows for “the acceptance, enablement… Read More

 Tagged bmo, elavon, payment processing, united states

June 16, 2024 @ 11:48 pm By Omar Faridi  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) has partnered with Syracuse University’s D’Aniello Institute for Veterans and Military Families (IVMF) in order to bring retirement education workshops to entrepreneurs across the U.S. Robinhood says that they are honored to partner with an organization “helping veterans and veteran… Read More

 Tagged retirement, robinhood

June 16, 2024 @ 11:47 pm By Omar Faridi  |  

Kani Payments, the global data reconciliation and reporting platform, has been selected by cloud-native issuer processor CLOWD9 as its partner to power its data reporting and reconciliation capabilities. The partnership will address the unique data standardization needs and challenges faced by banks and fintechs and… Read More

 Tagged cloud, Clowd9, data, kani payments

June 16, 2024 @ 10:22 pm By Omar Faridi  |  

N26 recently announced the appointment of Peter Kleinschmidt to the Supervisory Board of N26 AG following its 2024 Annual General Meeting. Peter, an avid investor in startups with a focus “on new and emerging technology, brings decades of experience in the financial services, banking and… Read More

 Tagged digital bank, n26, new appointments, peter kleinschmidt

June 16, 2024 @ 5:00 pm By Omar Faridi  |  

Further building on its GenAI focus in the fixed income market, LTX, an AI-powered corporate bond trading platform backed by global Fintech Broadridge Financial Solutions Inc. (NYSE:BR), announced GenAI-powered List Trading functionality. The new feature allows users “to leverage GPT technology to generate and execute… Read More

 Tagged ai, genai, ltx, trading

June 16, 2024 @ 3:59 pm By Michael Wong  |  

Mbanq has announced a strategic partnership with IG Tech Cambodia, a Fintech developer in Southeast Asia, to create IG Finlink Cambodia, with Mbanq holding a majority ownership stake. The alliance signifies Mbanq’s ambitious expansion into the ASEAN banking technology and Banking-as-a-Service (BaaS) markets. Initially focusing… Read More

 Tagged banking, cambodia, digital bank, IG Finlink Cambodia, IG Tech Cambodia, mbanq

June 16, 2024 @ 3:57 pm By Omar Faridi  |  

Hometree, a residential energy services company, has raised £250m in debt financing from Barclays to help homeowners finance the installation of solar panels, battery storage systems, and heat pumps through a range of lease and loan products. The zero-deposit payment options are uniquely “designed for the… Read More

 Tagged barclays, energy, financing, hometree, uk, united kingdom

June 16, 2024 @ 3:55 pm By Omar Faridi  |  

Rapyd, the global fintech firm, recently released its report, “2024 State of Payments: High-Opportunity Industries.” This comprehensive study dives into “the evolving landscape of cross-border payments, focusing on the needs of fast-growing industries such as online gaming, content creation platforms, online travel, marketplaces, and e-commerce.”… Read More

 Tagged fintech adoption, payments, rapyd, research