Global

We find Fintech news from around the world and share it with you here.

Fintech Plaid Shares Credit Insights for Accelerating Growth and Effectively Managing Risk

Credit insights from Fintech firm Plaid are looking at what’s currently driving growth and how firms are managing risk. In its latest Consumer Report, John He & Nikolai Oudalov noted in a blog from Plaid that the financial infrastructure Fintech has helped lenders, from enterprises to… Read More

Contactless Payments: Banco do Brasil and Payment Terminal Operator Cielo are Offering “Pix por aproximação” to Select Group of Clients

Banco do Brasil (BB) and payment terminal operator Cielo are reportedly providing “Pix por aproximação” to a select group of the bank’s clients These clients can make purchases by bringing their smartphones close to the payment terminal at participating retail outlets. For the time-being, this… Read More

Italy’s Fabrick Partners with TerraPay to Expand Global Payment Services

Fabrick, an Italian Open Finance operating company, has announced a strategic partnership with TerraPay, a global payments infrastructure firm, to enhance its geographical footprint and payment solutions. Initially focusing on the Italian market, the collaboration aims to offer businesses a unified platform that streamlines payment… Read More

Regtech Sumsub Introduces “Greenflag,” the Digital Nation for 627 Million Consumers Reportedly Excluded from Online Services

Regtech firm Sumsub has recently unveiled ‘Greenflag,’ described as a digital nation for 627 million people excluded from online services. On World Inclusion Day, Sumsub says millions of individuals are “excluded from essential digital services,” including financial services, education, healthcare, and employment platforms. The research… Read More

Alternative Investments and Wealth Management Platform iCapital Launches Multi-Investment Workflow Tool

iCapital, the fintech platform driving the alternative investment marketplace for the wealth management industry, announced the launch of iCapital’s Multi-Investment Workflow tool. Available to wealth managers on iCapital Marketplace, this tool reportedly streamlines the investing experience by allowing financial advisors to process “multiple alternative investments”… Read More

Fintech Platform ClearBank Onboards European Clients to Eurosystem’s Payment Rail, T2

ClearBank, the enabler of real-time clearing and embedded banking, announced it has now onboarded its first European clients to the Eurosystem’s payment rail, T2. The fintech clearing bank welcomes OpenPayd, Pay Perform (which trades as Orbital), and Transact Payments, which will all benefit from real-time… Read More

Insurtech Firm Cowbell Reports Significant Growth, Shares Update on UK Business Expansion Efforts

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), reports “significant growth” across the region as it marks the first year of its expansion into the United Kingdom. Results show Insurtech Cowbell’s continued growth in the region, with figures from between January… Read More

BaFin Reports that Profitability of Germany based Small and Medium-sized Banks and Savings Institutions Has Improved

Profitability of Germany’s small and medium-sized banks and savings banks (less significant institutions, or LSIs) improved considerably in 2023. This, according to an extensive update from BaFin. BaFin noted in a recent report that institutions in Germany have achieved stronger earnings during the period of… Read More

Hong Kong Securities and Futures Commission Grants Fintech Airwallex Licence to Offer Asset Management Services

Airwallex announced that Airwallex Capital is now licensed by the Securities and Futures Commission of Hong Kong (SFC) in order to offer asset management services, paving the way for the upcoming launch of its Airwallex Yield in Hong Kong early next year. As explained in a… Read More

Finance and Investor Relations focused Research Firm Quartr Secures Investment from Altos Ventures

Quartr, a software and data provider enabling qualitative public market research for finance and investor relations (IR) professionals, announced the closing of a $6 million investment from Altos Ventures. Altos is a San Francisco-based venture capital firm that is reportedly known for its uncommonly patient… Read More

Digital Payments Platform Checkout.com Teams Up with Global Fintech Octopus

Checkout.com, a digital payments provider, announced a partnership with Octopus, Hong Kong’s “homegrown” global fintech, in order to enable online payment for customers of Hong Kong’s leading payment choice – becoming the global payment service provider (PSP) to add Octopus as a payment option at… Read More

Insurtech Akur8 Selected by RSM to Enhance Insurance Pricing Process

Akur8, the insurance pricing and reserving solution powered by Transparent AI, is pleased to announce its collab with RSM US LLP, which is the provider of assurance, tax and consulting services for the middle market. RSM has reportedly used Akur8’s Reserving solution for a number… Read More

UK Fintech Pockit to Acquire European Financial Technology Company Monese

The UK Fintech firm Pockit and the pan-European fintech Monese announce that they have agreed terms for Pockit to acquire Monese,a deal that’s currently subject to Change in Control approval by the UK’s Financial Conduct Authority (FCA), creating the fintech for the “financially underserved” and… Read More

Kate Hampton, CSO at NMI, Comments on How Embedded Payments Help Firms Create Improved Customer Experience

Kate Hampton, Chief Strategy Officer at NMI, recently shared her views and insights with Crowdfund Insider. As noted in the update shared with CI, embedded payments are revolutionizing the financial landscape, with major companies like Google Chrome leading the way. By integrating embedded payment technology,… Read More

Bitcoin Suisse Launches Digital Assets Trading and Custody Services for EIGEN Token from EigenLayer

Bitcoin Suisse says it’s pleased to announce the addition of the EIGEN token from EigenLayer to its comprehensive trading and custody services. Effective immediately, Bitcoin Suisse clients can now reportedly trade and securely store EIGEN, further expanding their access to a growing range of digital… Read More

HeavyFinance Reports €1.33M in Platform Investments, €713K Allocated to 24 Agricultural Projects

HeavyFinance has shared their latest portfolio performance review for the month of September 2024. HeavyFinance notes in its performance review that during September, they reportedly saw a total of €1.33 million invested of which €713K is said to have been allocated across 24 agricultural projects… Read More

Banked Strengthens Position in Australia’s Real-Time Payments Market with Acquisition of Waave

Banked has reportedly gained foothold on Australia’s real-time payments market with the acquisition of Waave, sparking strategic partnership with Chemist Warehouse. Banked’s acquisition of Waave underscores commitment to building a truly global Pay by Bank platform. Waave’s work with Chemist Warehouse in developing Pay by… Read More

UK’s Digital Bank Monzo Expected to Reach £4.5B Valuation via Potential Employee Share Sale

UK’s digital bank Monzo is reportedly expected to reach a substantial £4.5 billion valuation through a potential employee share sale. This is according to a recent report by Sky News. It is worthwhile to note that Monzo, in its early days of existence, raised money… Read More

Bitpanda Technology Solutions Announces Availability of Security Tokens for Investors

Security tokens at Bitpanda are aimed at enabling new era of investing. The European Fintech firm recently shared that Bitpanda is the first crypto platform to make this particular asset class available to potentially millions of retail investors. All Bitpanda customers are now able to… Read More

Digital Bank Revolut Reportedly Applies for Banking License in Colombia

UK headquartered digital bank Revolut announced recently that it has submitted an application to obtain a banking license in order operate in Colombia. This recent announcement by Revolut has been unveiled as the Fintech company aims to boost its presence in Latin America. The new… Read More

Send this to a friend