December 21, 2023 @ 9:06 am By Omar Faridi  |  

Uber for Business, Uber’s enterprise arm, announced it has integrated with leading expense management providers Brex and Ramp. The integrations will automate receipt matching “for Uber rides and meals, which rank among the most-expensed items for employees.” This will help companies “of all sizes simplify… Read More

 Tagged brex, financial services, fintech adoption, fintech trends, ramp, spend management, uber

December 21, 2023 @ 8:45 am By Omar Faridi  |  

Thredd, the issuer payments platform, announced that 2023 will deliver the “best” performance in the company’s history. With strong support from investors including Advent International, Viking Capital, Temasek and Mission OG, Thredd expanded its leadership role in “the payment ecosystem, driving client-centric expansion across global… Read More

 Tagged ava kelly, financial services, issuer payments platform, jim mccarthy, payments, progress report, thredd

December 21, 2023 @ 7:37 am By Omar Faridi  |  

Yonder, the modern rewards credit card, has extended its relationship with GoCardless, the bank payment company, by “adding Variable Recurring Payments (VRPs) alongside the Direct Debit functionality it uses already.” Via GoCardless’ Instant Bank Pay, Yonder cardholders, or ‘members’, can now use VRPs to instantly… Read More

 Tagged digital transactions, europe, gocardless, pat phelan, recurring payments, tim chong, uk, united kingdom, variable recurring payments, vrps, yonder

December 21, 2023 @ 5:07 am By Omar Faridi  |  

Virgin Money has announced the launch of a new pension offering, enhancing its digital platform and further extending its partnership with FNZ. The digital investment solution was initially “launched in April 2023, and aimed to make investments more accessible, straightforward and transparent for UK retail… Read More

 Tagged alastair conway, digital financial services, europe, financial services, fnz, jonathan byrne, uk, united kingdom, virgin money

December 21, 2023 @ 2:25 am By Omar Faridi  |  

Digital bank Revolut is reportedly expecting to make $1.9 billion in revenue for 2023, almost twice the $1 billion it made in the last 12 months. This, according to an update from Bloomberg. The Fintech firm’s monthly revenue has averaged around $158 million during H1… Read More

 Tagged banking, digital banking, europe, financial services, revolut, uk, united kingdom

December 21, 2023 @ 1:50 am By Omar Faridi  |  

Updraft, a UK-based consumer lending fintech has announced the closing of a £250M forward flow arrangement with Jefferies and Santander Corporate and Investment Banking, allowing the business to build on its mission “to help UK households move away from expensive credit cards and overdrafts.” The… Read More

 Tagged consumer lending, europe, uk, united kingdom, updraft

December 20, 2023 @ 10:04 pm By Michael Wong  |  

A new survey has highlighted a growing trend among Indian consumers towards using digital services for loans and financial transactions, coupled with a significant lack of awareness about data privacy. According to Home Credit India’s ‘How India Borrows Survey 2023’, only 18% of borrowers surveyed… Read More

 Tagged digital lending, Home Credit, india

December 20, 2023 @ 2:08 pm By Omar Faridi  |  

On December 4th 2023, SIX introduced a novel service extension to its Exchange Traded Funds (ETF) franchise, called Quote-on-Demand Europe (QOD Europe). In addition to over 1,700 tradable products listed at SIX Swiss Exchange, clients are now able to trade ETFs listed “on other primary… Read More

 Tagged etfs, europe, six, stock exchange, switzerland, trading

December 20, 2023 @ 1:53 pm By Omar Faridi  |  

Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform that bridges the gap between web3 and traditional banks, announces it has raised $7 million in a seed extension round. Participants in the investment round reportedly “include first-time investments from Kraken Ventures, Fabric Ventures, Arca, and Inovo Ventures,… Read More

 Tagged adam bialy, anil hansjee, arca, digitalization, fabric ventures, fiat republic, investment round, michal benedykcinski, Web3, web3 adoption

December 20, 2023 @ 12:45 pm By Omar Faridi  |  

tZERO Group Inc., a firm focused on technology solutions for capital markets, is pleased to announce the launch of Spirits Capital Corporation’s capital raise using the tZERO Securities platform. Spirits provides investors with “a path to capitalize on the growth in value of premium American whiskey… Read More

 Tagged capital markets, capital raise, david goone, digital technology, spirits capital corporation, todd sanders, tzero, tzero group, tzero securities platform