October 5, 2023 @ 10:25 am By Omar Faridi  |  

Brite Payments, a firm focused on instant bank payments, announced a $60 million funding round led by specialist B2B software investor Dawn Capital and joined by Headline and existing investor Incore. Brite leverages open banking to offer businesses easy-to-integrate, instant account-to-account (A2A) payments and payouts…. Read More

 Tagged brite payments, digital financial services, europe, financial services, fintech adoption, fintech trends, instant payments, investment round, sweden

October 5, 2023 @ 9:58 am By Omar Faridi  |  

The UK’s smallest companies could generate £77.3bn of extra revenue and create 885,000 new jobs if they “all digitalized at the rate of the top 20% of tech adopters.” This is according to new research from Xero, the global small business platform, and economics consultant,… Read More

 Tagged cebr, digital technology, digital transformation, digitalization, europe, insights, research, small businesses, smbs, sme's, uk, united kingdom, xero

October 5, 2023 @ 9:46 am By Omar Faridi  |  

Berlin-based online bank N26 has launched its new full-funnel, multi-channel global brand campaign, ‘This is how I bank’. The campaign showcases how N26’s innovative and customer-centric approach “to banking gives everyone the confidence and freedom to bank where, when, and exactly how they want to.”… Read More

 Tagged berlin, Customer Experience, cx, digital banking, europe, financial services, germany, kai heuser, n26, online bank

October 5, 2023 @ 9:42 am By Omar Faridi  |  

Digital bank Revolut has reportedly made a deal with primary backer SoftBank on a change to the latter’s shareholding, a strategic move that will clear away a significant barrier in the fintech firm’s pursuit of a UK banking license. The Bank of England’s Prudential Regulation… Read More

 Tagged banking license, digital bank, digital financial services, europe, financial services, fintech adoption, fintech trends, operational license, revolut, softbank, uk, united kingdom, virtual banking

October 4, 2023 @ 11:23 pm By Omar Faridi  |  

SquareBook, the auction technology platform for equity capital raises, has acquired 101% (£507,320) of its £500,000 target from 153 investors (at the time of writing) via Seedrs with 2 days left in the firm’s crowdfunding campaign. Located in Edinburgh, United Kingdom, SquareBook operates in the… Read More

 Tagged crowdfunding, digital technology, edinburgh, europe, fundraising, seedrs, squarebook, uk, united kingdom

October 4, 2023 @ 10:20 pm By Omar Faridi  |  

Virtual cards, also known as temporary cards, are defined by the researchers at Juniper Research as “randomly generated and generally temporary card number linked to a payment account, used to process payments in lieu of genuine payment details.” A virtual card is “a payment tool… Read More

 Tagged digital technology, digital transactions, digital transformation, digitalization, financial services, fintech adoption, fintech trends, juniper research, Payment Cards, payments, research, Research Report, Research Study, virtual cards

October 4, 2023 @ 9:16 pm By Omar Faridi  |  

Splitero, the financial technology company that provides homeowners better options to access their home equity, announced the launch of its new real estate brokerage and affiliate company, Splitero Homes. As a home equity partner, Splitero has a vested interest in helping homeowners get the best… Read More

 Tagged financial services, financial technology, fintech adoption, fintech trends, home equity, real estate, splitero, united states, us

October 4, 2023 @ 7:40 pm By Omar Faridi  |  

Grasshopper, the “client-first” digital bank built for the business and innovation economy, today announced the launch of Accelerator Checking, an operating account and partnership ecosystem designed to serve a wide range of startups. Accelerator Checking further drives Grasshopper’s mission of “supporting the innovation economy, of… Read More

 Tagged digital bank, fintech trends, grasshopper, innovation, virtual banking

October 4, 2023 @ 7:35 pm By Omar Faridi  |  

Stampli, a key player focused on AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round “led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.”… Read More

 Tagged accounts payable, accounts payable automation, ai, ap automation, artificial intelligence, automation, blackstone, investment round, stampli, venture funding

October 4, 2023 @ 11:26 am By JD Alois  |  

One of the most popular digital wallets in the world is now accepting PayPal (NASDAQ:PYPL) and Venmo credit and debit cards. Apple (NASDAQ:AAPL), which already accepts a litany of different cards in its wallet, now gives PayPal users the option to add their card to… Read More

 Tagged apple, paypal, venmo