October 2, 2023 @ 10:05 am By Omar Faridi  |  

Mexican Fintech albo has reportedly secured $40 million in capital via a Series C round in order to enhance its payments services. albo’s investment round included participation from Nazca, Morpheus Ventures, and Valar Ventures. In addition to the raise, the Fintech company said it will… Read More

 Tagged americas, angel sahagun, Business Expansion, financial services, fintech adoption, fintech trends, investment round, latam, latin america, mexico, payments

October 2, 2023 @ 9:39 am By JD Alois  |  

Innovate Finance is the advocacy group for the burgeoning Fintech industry in the UK. London has long been a top global financial center, and many policymakers, as well as financial services insiders, want to maintain that status. Hence, the adoption of digital financial services is… Read More

 Tagged apple, innnovate finance, janine hirt, uk, united kingdom

October 2, 2023 @ 9:00 am By Michael Wong  |  

Dubai Islamic Bank (DIB), the largest participation bank by asset size in the United Arab Emirates, has officially entered the Turkish digital banking and fintech sector after acquiring a minority stake in T.O.M. Group. Established by Aydın Group shareholders, the T.O.M. Group includes T.O.M. Katılım… Read More

 Tagged turkey

October 2, 2023 @ 8:52 am By Omar Faridi  |  

Parents could help provide more than £300,000 in pension wealth for their kids by the time they reach retirement age “by contributing to their child’s pension from the age of 18,” according to new research shared by PensionBee. As concern grows around the sustainability of… Read More

 Tagged becky o’connor, europe, financial services, pensionbee, pensions, research, Research Report, Research Study, retirement, retirement planning, savings, uk, united kingdom

October 2, 2023 @ 6:22 am By Michael Wong  |  

Globe Fintech Innovations, Inc (Mynt), the parent company of the most popular e-wallet in the Philippines GCash, is acquiring Electronic Commerce Payments Inc (ECPay) for about $40 million, according to a disclosure Monday. In a statement, Globe Telecom, the parent company of Mynt, said it… Read More

 Tagged e-wallet, fintech, gcash, mynt, payments, Philippines

October 1, 2023 @ 11:03 pm By Omar Faridi  |  

Atom Bank has announced a partnership with climate tech business Kamma. Atom will benefit from access to Kamma’s full climate suite, “offering an unparalleled view on both the physical and transition risks of its mortgage book.” Kamma will further “provide analytics on Atom’s financed emissions,… Read More

 Tagged atom, atom bank, digital bank, edward twiddy, esg, europe, mortgages, risk, uk, united kingdom, updat

October 1, 2023 @ 9:47 pm By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced today a strategic consulting partnership with PwC Germany, a global firm focused on assurance, advisory, and tax services. This collaboration aims to transform financial close processes “for businesses across German-speaking countries… Read More

 Tagged accountants, accounting, adam zoucha, advisory, assurance, automation, emea, europe, floqast, germany, pwc, pwc germany, software applications, tax, workflow automation

October 1, 2023 @ 9:19 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, recently marked its tenth anniversary serving Irish businesses, “with the release of data revealing widespread, rapid growth in the country’s internet economy.” Over the last decade, conditions for Ireland’s internet businesses “have improved dramatically.” Homegrown startups now “have… Read More

 Tagged digital financial services, dublin, europe, financial infrastructure, financial services, financial technology, fintech adoption, fintech trends, ireland, milestone, stripe

October 1, 2023 @ 8:00 pm By Omar Faridi  |  

Klarna, the AI powered global payments network, announced the launch of several new products and services aimed to promote circularity and encourage smart shopping. With these updates, Klarna continues to evolve beyond payments “to become a starting point for every purchase for 150 million consumers… Read More

 Tagged ai, artificial intelligence, digital tools, e-commerce, financial services, flexible payments, klarna, online shopping, payments, shopping

October 1, 2023 @ 7:35 pm By Omar Faridi  |  

Digital bank Revolut is reportedly engaged in discussions with the UK’s financial regulator regarding potential failures that enabled funds to be released from customer accounts identified by the National Crime Agency as suspicious. This latest development is now part of several issues that impact the… Read More

 Tagged aml, compliance, digital bank, digital banking, europe, fca, financial conduct authority, financial services, revolut, uk, united kingdom