February 26, 2024 @ 9:51 pm By Omar Faridi  |  

Nu Holdings Ltd. (NYSE: NU), one of the largest digital financial services platforms, released its Fourth Quarter and Full Year 2023 financial results. Financial results are expressed “in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS).” David Vélez, founder and… Read More

 Tagged banking, brazil, david vêlez, digital bank, latam, latin america, nubank

February 26, 2024 @ 9:41 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a new partnership and technology integration with Maxyfi, a provider of collections and accounts receivables management software for lenders, collection agencies, and law firms. The collaboration enables Maxyfi clients to “offer flexible payment… Read More

 Tagged ashraf ali, collections, jake moore, maxyfi, payments, repay

February 26, 2024 @ 9:39 pm By Omar Faridi  |  

The Asian Development Bank (ADB) has announced recently that it approved a $23 million loan to enhance access “to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT) in India.” As stated in a blog post, GIFT is a state-owned enterprise… Read More

 Tagged adb, asia development bank, financial technology, fintech adoption, fintech trends, gujrat, india

February 26, 2024 @ 2:09 pm By Omar Faridi  |  

Finzly, a payments systems for financial institutions, has announced that Quaint Oak Bank has selected it to modernize its payments infrastructure, providing a superior user experience and enabling them to grow their international and embedded banking businesses. Quaint Oak is an established financial institution “with… Read More

 Tagged Booshan Rengachari, embedded banking, financial institutions, Finzly, infrastructure, payments, quaint oak bank, user experience, william gonzalez

February 26, 2024 @ 12:40 pm By JD Alois  |  

Cross River says it has launched its “investment banking strategy,” describing the initiative as a significant milestone in the company’s history. The company said it will now assist its clients in achieving their goals by advising them on decisions like mergers and acquisitions, capital markets… Read More

 Tagged benjamin samuels, cross river, gilles gade, henry pinnell, investment banking

February 26, 2024 @ 11:23 am By Tony Zerucha  |  

Buildstock, a B2B marketplace and Fintech platform for construction materials, this week secured $1.6M in pre-seed funding from Precursor, MGV, XFactor, RefashionD and angels, including Osuke Honda (DCM), Nihal Mehta (Eniac), Shruti Gandhi (Array Ventures), Tom Peterson (Rally Ventures), Yun-Fang Juan, and Mark G (m]x[v… Read More

 Tagged Buildstock, Charles Hudson, construction, Kathryn Thiele, Precursor Ventures

February 26, 2024 @ 8:29 am By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform of choice for leading companies, and Billie, the B2B payments innovator, join forces to let Adyen’s customers enable B2B Buy Now, Pay Later (BNPL) payments services. By partnering up with Billie, Adyen reportedly “helps merchants and their business customers… Read More

 Tagged adyen, billie, bnpl, christian grobe, europe, hella fuhrmann, payments

February 26, 2024 @ 8:03 am By Tony Zerucha  |  

Klarna, a global payments provider and shopping assistant, is reporting that 96% of BNPL purchases made during the 2023 Black Friday weekend in the United States were paid on time or early. Notably, 30% of American purchases were paid off early, ahead of their due… Read More

 Tagged Black Friday, bnpl, Erin Jaeger, klarna

February 26, 2024 @ 7:52 am By Omar Faridi  |  

Ebury, one of the largest fintech companies specializing in transactions for SMEs, announced its partnership expansion with Nium, the enabler of real-time global payments, to deliver a groundbreaking global remittance service in Brazil. The announcement follows regulatory “approval of Ebury’s acquisition of Brazilian fintech Bexs,… Read More

 Tagged brazil, ebury, fintech adoption, fintech trends, nium, payments, real-time payments, remittances, smbs, sme's

February 26, 2024 @ 7:47 am By Omar Faridi  |  

Visa (NYSE: V), a global payments technology company, and the GSMA Mobile for Development Foundation (GSMA Foundation) announced the launch of the Digital Finance for All (DFA) Initiative, “furthering Visa’s decades-long efforts to increase access to the global economy for everyone, everywhere.” This five-year initiative… Read More

 Tagged ashley olson onyango, chiagozie nwabuebo, digital finance, digital technology, gsma foundation, international payments, visa