June 6, 2024 @ 11:50 am By Omar Faridi  |  

The majority (61%) of teachers in the U.S. are stressed about their finances, with many either getting a second job or considering leaving their job for one that pays more, according to new research from DailyPay conducted by The Harris Poll. The new data reveals… Read More

 Tagged dailypay, research

June 6, 2024 @ 10:11 am By Omar Faridi  |  

Nucleus Financial Platforms Group, one of the UK’s independent, adviser platform groups, has released new research revealing that 71% of UK adults believe the state pension will not exist or will be less generous when they retire. With a general election set for 4 July,… Read More

 Tagged nucleus financial platforms, pensions, uk, united kingdom

June 6, 2024 @ 10:10 am By JD Alois  |  

White-label spend management and card platform Torpago has raised $10 million in a Series B funding round. Priority Tech Ventures and EJF Ventures co-led the round, which also included BankTech Ventures and other existing investors. Torpago raised a $6 million Series A round in 2023…. Read More

 Tagged torpago

June 6, 2024 @ 10:04 am By JD Alois  |  

European payments platform Mangopay has announced partnerships with several Spanish firms, including Webel, Filmo, and Kuarere. Mangopay states that collaborating with these three Spanish firms will increase its presence in sectors such as media, entertainment, and home delivery services. Filmo is a B2B2C platform that aims… Read More

 Tagged Filmo, Kuarere, mangopay, payments, spain, Webel

June 6, 2024 @ 9:56 am By Omar Faridi  |  

Nium, the global enabler of real-time cross-border payments, announced it has raised US$50 million in a Series E funding round. The investment round was led by “a sovereign wealth fund in Southeast Asia and values the company at US$1.4 billion post-money.” The sovereign wealth fund… Read More

 Tagged cross-border payments, investment round, nium, real-time payments

June 6, 2024 @ 9:46 am By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced Stephen Simcock as the company’s new general counsel. Simcock – who has spent more than three decades helping retail… Read More

 Tagged general counsel, sofi, sofi technologies, stephen simcock

June 6, 2024 @ 9:21 am By Omar Faridi  |  

Ripple, the enterprise blockchain and crypto solutions provider, announced a partnership with Clear Junction, the global enabler of cross-border payments solutions for regulated institutions. The partnership will see Clear Junction facilitating “instant and secure GBP and EUR-denominated payout coverage for Ripple’s payments customers.” A host… Read More

 Tagged clear junction, Crypto Adoption, payments, ripple

June 5, 2024 @ 11:54 pm By Omar Faridi  |  

Smart Pension, the UK’s tech-led workplace pension provider, announces a strategic partnership with institutional investment platform and solutions provider Mobius Life. As part of the partnership, Mobius now provides “the investment platform for Smart Pension’s £5bn Assets Under Management (AUM) and 1.4 million member-strong pension… Read More

 Tagged mobius life, pensions, smart pension, uk

June 5, 2024 @ 10:53 pm By Omar Faridi  |  

bunq, which claims to be the second largest neobank in Europe, has partnered with Mastercard to offer its 12.5 million users across Europe a complete overview of their finances. This is achieved by leveraging Mastercard’s Open Banking platform, “which allows users to add accounts from… Read More

 Tagged bunq, europe, financial services, mastercard

June 5, 2024 @ 6:50 pm By Omar Faridi  |  

Token.io announces Prommt as first partner to leverage its new hosted payment pages; enhancing user experiences and maximizing conversion for Pay by Bank. Account-to-account (A2A) payment infrastructure provider, Token.io, confirmed recently the launch of new hosted payment pages “to enhance Pay by Bank user experiences,… Read More

 Tagged pay by bank, payments, prommt, token.io