Swedish Fintech Intergiro Partners wth Silverflow, a Cloud Platform for Global Card Processing

Intergiro, a Swedish fintech provider of payment and banking infrastructure, has announced a new partnership with Silverflow, a cloud platform for global card processing. This move will allow Intergiro to “offer its clients enhanced card network functionality, increased processing efficiency, and access to card scheme… Read More

Global Fintech Klarna Appoints Matthew Miller to Key Company Role

Klarna, the AI powered global payments network and shopping assistant, announced  Matthew Miller will join the boards of Klarna Holding AB and its subsidiary, Klarna Bank AB. Miller is “a long-standing Partner at Sequoia focused on early and growth stage investments in technology companies across… Read More

ChowBanQ Eyes IPO for Financial Platform

ChowBanQ, a Fintech firm providing “sustainable banking practices,” is reportedly considering an initial public offering (IPO). In a statement, the company said its approach to trading and payments, which involves transfers between ‘buckets’ or individual online banking accounts, positions it as a standout player in the… Read More

Indonesia: Fintech Startup Komunal Secures $5.5m in Extended Series A Funding

Komunal, a Jakarta-based Fintech startup, has successfully raised $5.5 million in its extended Series A funding. The round was backed by a range of investors, including the prominent Sumitomo Corporation, and received support from existing backers like AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora,… Read More

Fintech Dave Announces Repurchase of $100M Convertible Note from FTX

Dave Inc. (Nasdaq: DAVE), which claims to be one of the nation’s leading neobanks, recently announced it has reached an agreement with FTX Ventures Ltd. in order “to purchase a convertible promissory note that it previously issued to FTX in the original principal amount of… Read More

Efficient Cross-Border Payment Services have Potential to Improve Lives by Enabling Economic Growth – Report

Faster, cheaper, and more transparent cross-border payment services have “the potential to improve many lives by supporting economic growth, international trade, global development, and financial inclusion.” This, according to an update shared by the International Monetary Fund (IMF). The Group of Twenty has prioritized such… Read More

Self-Service Banking: Security Bank of Kansas City Expands Partnership with NCR Atleos

NCR Atleos Corporation (NYSE: NATL), a firm focused on expanding financial access for financial institutions, retailers and consumers, announced that Security Bank of Kansas City has selected NCR Atleos ATM as “a Service as well as Atleos ITM as a Service to enable simple, convenient… Read More

UK’s Nationwide Reveals Cash Usage Is Rising to Deal with Cost-of-Living Crisis by Budgeting with Physical Money

New data from Nationwide shows that cash usage continues “to rise as many households respond to the cost-of-living crisis by budgeting with physical money.” That data also shows where the building society is “the last remaining branch in town, the growth in usage is at… Read More

American Fintech Council weighs in on CFPB open data proposal

The American Fintech Council (AFC) has responded to the Consumer Financial Protection Bureau’s (CFPB) notice on the proposed rulemaking on personal financial data rights related to Section 1033 of the Dodd-Frank Act. Their letter was posted on Jan. 2. The AFC said the CFPB’s implementation… Read More

Spend Management Fintech Airbase Shares Product Update and Business Outlook for 2024

As we enter 2024, Airbase wanted to take a moment to share with the progress that the Fintech firm claims to have made in 2023. According to Airbase, it was a solid year of innovation, adoption, and recognition for them. Airbase notes in a blog… Read More

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