January 26, 2022 @ 1:31 am By Omar Faridi  |  

BR-DGE, the payment orchestration provider, has announced “major” growth plans for 2022, following a “substantial” follow on investment from existing shareholders in Q3 2021. Led by Brian Coburn, BR-DGE’s platform aims to streamline online payments for merchants by providing a range of payment options through… Read More

 Tagged br-dge, brian coburn, digital payments, digital transactions, new appointments, online payments, payment orchestration, payments, scott delargey, tom voaden

January 26, 2022 @ 12:26 am By Tony Zerucha  |  

Pencilton, a teen-focused Fintech startup based in India, recently launched PencilCard, a debit card that is compliant with National Common Mobility Card standards. It has been launched in partnership with Transcorp. The National Common Mobility Card was developed by India’s Ministry of Housing and Urban… Read More

 Tagged debit card, financial literacy, NCMC, PencilCard, pencilton, Vishwajit Pureti

January 25, 2022 @ 11:47 pm By Omar Faridi  |  

Baton Systems, the Fintech firm that’s focused on transforming post-trade processing by leveraging distributed ledger technology (DLT), has appointed David Ornstein to serve as the firm’s Chief Operating Officer. Ornstein joins the company at an important time, as industry demand continues to grow steadily for… Read More

 Tagged arjun jayaram, banking, baton systems, david ornstein, digital financial services, distributed ledger technology, dlt, financial services, new appointments, post-trade settlement

January 25, 2022 @ 10:57 pm By Omar Faridi  |  

Al Rajhi Bank Malaysia (ARBM), a wholly-owned subsidiary of one of the world’s largest Islamic banks in terms of assets, Al Rajhi Bank of the Kingdom of Saudi Arabia (KSA), has chosen Thought Machine, the Cloud native core banking tech company, in order to power… Read More

 Tagged al rajhi bank malaysia, arbm, arsalaan ahmed, banking, digital banking, financial services, Islamic Banking, kingdom of saudi arabia, ksa, malaysia, mena, mena region, middle east, paul taylor, saudi arabia, sharia'h compliant, sme's, southeast asia, thought machine, vault, virtual bank

January 25, 2022 @ 10:47 pm By JD Alois  |  

Inter, a Brazilian financial “super app,” has announced it has been approved to acquire USEND, a service offering transfers and payments, as well as non-financial services to more than 150,000 customers across 40 US states. USEND’s digital money transfer platform lets users make international transactions… Read More

 Tagged banking, brazil, digital bank, inter, joão vitor menin, latam, payments, transfers, usend

January 25, 2022 @ 9:06 pm By Tony Zerucha  |  

Viva Wallet, a European cloud-based payments fintech company, is selling a 49 per cent stake to JPMorgan (NYSE:JPM). The financial terms of the transaction were not disclosed. Founded in 2000, Viva Wallet is headquartered in Athens, Greece, and focuses on serving SMBs in 23 countries…. Read More

 Tagged greece, Haris Karonis, jpmorgan, Max Neukirchen, merchant acquisition, omnichannel, takis georgakopoulos, viva wallet

January 25, 2022 @ 3:12 pm By Omar Faridi  |  

SoftPOS is an app created by Nexi, which is one of Europe’s Paytech firms operating in high growth markets and technologically-advanced economies. SoftPOS has been introduced for the business customers of UniCredit Bank. With SoftPOS, users are able to provide the option of card payment… Read More

 Tagged contactless payments, digital technology, digital transactions, eugenio tornaghi, giacomo volpi, mobile phones, nexi, nfc, payments, smartphones, softpos, unicredit, unicredit bank

January 25, 2022 @ 10:56 am By Tony Zerucha  |  

Latin American Fintech Creditas today confirmed a $260 million Series F financing round, leaving it with a valuation of $4.8 billion. The company raised $829 million across six fundraising rounds. Fidelity joins as a new key shareholder along with Actyus  (a Spanish fintech investment fund)… Read More

 Tagged advent international, bill cilluffo, creditas, David Nangle, headline, kaszek ventures, Lightock, qed investors, sergio furio, series f, softBank latin america fund, SoftBank Vision Fund 1, vef, wellington management, Will Pruett

January 25, 2022 @ 8:38 am By JD Alois  |  

Modulr, a payments Fintech based in Amsterdam, has been approved to operate as an Electronic Money Institution (EMI) by De Nederlandsche Bank (DNB).  Modulr is already approved to operate as an EMI in the UK and Ireland. Modulr states that it doubled its lifetime payment… Read More

 Tagged emi, hilde van der meer, marca wosoba, modulr, Myles Stephenson, netherlands, payments

January 25, 2022 @ 8:11 am By Omar Faridi  |  

Digipost, one of Norway’s largest digital mailbox providers, has reportedly chosen the Neonomics unified API platform in order to support the introduction of account-to-account payments to its 2,7 million clients. Digipost is one of the most actively used digital invoicing services in the Nordic region…. Read More

 Tagged account-to-account payments, apis, christoffer andvig, digipost, digital mailbox, digital technology, digital transactions, digital transformation, digitalization, europe, neonomics, norway, payments, thomas mathisen