The Bank of London has missed the deadline for filing its 2023 accounts with Companies House, marking a significant issue for the financial institution. The accounts were due by December 31, 2024, but the bank has yet to file them, causing concern among stakeholders. According… Read More
Tagged accounts, the bank of london, uk, united kingdom
Moniepoint, a Nigerian business payments and banking services platform, has secured an investment from Visa. Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint (formerly known as TeamApt) has targeted Nigeria’s network of small and medium-sized businesses (SMEs), offering a suite of services including… Read More
Tagged Andrew Torre, Felix Ike, Moniepoint, Nigeroa, Tosin Eniolorunda, visa
Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Liberty Mutual Investments (LMI), the investment firm of the Liberty Mutual Group of Insurance Companies (LMIG), announced the upsize of their forward flow loan purchase program. Over the… Read More
Tagged affirm, liberty mutual investments, LMI, loans, payments
PitchBook has recently released its report, entitled Fintech: State of the Industry 2025. The update aims to offer a wide lens on fintech’s pulse, funding flows, and key trends. Key takeaways from the PitchBook research report on Fintech are as follows: Public fintech companies delivered… Read More
Tagged fintech adoption, fintech trends, research, startups
Entrust, a provider of trusted payments, identities, and data security, this week introduced AI-powered identity verification as a new capability for its Identity-as-a-Service (IDaaS) platform. In 2024, US businesses lost an estimated $112 billion to fraud, the equivalent of nearly 7% of their revenue. Modern attacks,… Read More
Tagged ai, Bhagwat Swaroop, biometrics, entrust, identity verification, onfido
SBI Payments and Pine Labs announced an expanded strategic alliance, building on their long-standing 12-year partnership. SBI Payments is a JV formed between India’s commercial bank, State Bank of India, and Hitachi Payment Services Pvt. Ltd. As covered, Pine Labs is a merchant commerce platform…. Read More
Tagged digital transactions, payments, pine labs, sbi payments
In a move that has sent ripples across the fintech and broader financial services sectors, Stripe, the global payment processing giant, announced a reduction in its workforce by 300 employees. Financial infrastructure firm Stripe’s management claimed that this restructuring is reportedly part of a broader… Read More
Tagged financial infrastructure, layoffs, stripe
Pomelo Group has completed the acquisition of Singaporean FinTech payments company Arrow Checkout. The firm was established back in 2021 by leading Payments professionals from Grab and Tencent. Arrow offered eCommerce and checkout payments technology, was backed by Y Combinator, and raised funding “from Peak… Read More
Tagged acquisition, arrow checkout, pomelo group, singapore
Clutch says it is turning credit unions into Fintechs, and with the successful completion of a Series B funding round, is equipped with $65 million to transform the way credit unions deliver products and services to the members and communities they serve. The Series B investment… Read More
Tagged clutch, credit unions, fintech adoption, investment round
Checkout.com, a digital payments company, announces a profitable end to 2024 and 45% YoY net revenue growth in its core business, which serves the commerce and fintech sectors and reportedly accounts for “95% of total volumes.” These milestones underscore the company’s commitment to “delivering the… Read More
Tagged Business Expansion, checkout.com, digital commerce, digital payments, us
Judges Select Four Companies From 15 Applicants for SuperCrowd26 Live Pitch
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