Global

November 26, 2021 @ 8:11 am By Omar Faridi  |  

Austrian Fintech firm Bitpanda and France’s mobile financial services Super-App provider, Lydia, are teaming up to provide Lydia’s 5.5 million clients with access to investing in crypto-assets. Lydia will reportedly be using Bitpanda’s white-label solution, which is an API-powered infrastructure that allows Fintech platforms and… Read More

November 25, 2021 @ 2:50 pm By Tony Zerucha  |  

Cryptocurrency trading mobile app TabTrader announced today it closed a $5.8 million Series A round led by BitMEX Ventures. Also participating in the round were Hashkey Capital, Spartan Capital, SGH Capital, SOSV, and Artesian Venture Partners. Based in Amsterdam, TabTrader said it has more than 400,000… Read More

November 25, 2021 @ 1:31 pm By Omar Faridi  |  

Canstar, one of Australia’s largest financial comparison sites, which claims to compare more brands than any other service provider, has confirmed the appointment of Angelo Demasi as Chief Product and Technology Officer. Demasi will be responsible for leading the firm’s digital transformation/innovation strategy, enhancing Canstar’s tech… Read More

November 25, 2021 @ 11:13 am By Omar Faridi  |  

Mastercard (NYSE: MA) announces that it has acquired Arcus FI, an alum of the firm’s Start Path program, in order to help support the delivery of bill pay solutions and “other real-time payment applications across Latin America.” As mentioned in the announcement: “With offices in… Read More

November 25, 2021 @ 9:27 am By Omar Faridi  |  

Swedish Fintech firm Näktergal, which supports financial institutions with Cloud-powered platform solutions for digitized lending, has acquired EUR 1 million in capital via an investment led by Katalysen & Partners. Other investors are Stefan Backlund, ex- VP Marketing & Communications at Trustly, Jon Wimmercranz, ex-… Read More

November 25, 2021 @ 8:59 am By JD Alois  |  

Thunes, a payments Fintech that operates globally, has hired multiple executives as part of a move to boost international expansion. While based in Singapore, Thunes has offices around the world. According to a company release, Thunes has hired four executives to guide the firm in… Read More

November 25, 2021 @ 8:21 am By Omar Faridi  |  

TrueLayer, which is one of Europe’s Open Banking platforms, has announced its collaboration with Spanish broker Ninety Nine in order to provide an enhanced experience leveraging open banking payments. Ninety Nine was formed with the stated goal to educate consumers on investing and “empower their… Read More

November 25, 2021 @ 8:19 am By Omar Faridi  |  

Afterpay (ASX:APT), a provider of Buy Now, Pay Later (BNPL) payments, has announced its subscription solution – giving US consumers the option to pay for their recurring purchases in installments. Merchants such as IPSY, BoxyCharm, Savage X Fenty, and Fabletics will be among the first… Read More

November 24, 2021 @ 9:21 pm By Tony Zerucha  |  

Sparrow, a Singapore-based digital assets trading platform, now accepts PayNow transfers for institutional customers, the platform announced today. The PayNow transfer service allows Singaporeans to receive money into their bank account through their National Registration Identity Card (NRIC), which is similar to a Social Security… Read More

November 24, 2021 @ 5:12 pm By Tony Zerucha  |  

A recently released report from Temenos, a large banking software provider, on cloud technology adoption in different business sectors attempts to determine why the banking industry has been slower to adopt it than other sectors. The survey of IT executives in the banking sector, conducted… Read More

November 24, 2021 @ 2:22 pm By Omar Faridi  |  

TruePay, a startup whose payment solution assists SMEs retailers with getting free and secure access to credit, has acquired $32 million in capital via a Series A round that was led by Addition. As mentioned in the announcement, this growth stage investment is one of… Read More

November 24, 2021 @ 12:26 pm By Tony Zerucha  |  

The use of digital services has many applications in the world of finance, especially when you incorporate blockchain technology, and one of the companies using these technologies to benefit business is OARO. Founded in 2017, OARO is a Canadian company with offices in Halifax, N.S.,… Read More

November 24, 2021 @ 12:09 pm By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service provider, has announced the addition of “Pay Now” to its range of payment options available in the United States. As noted in the update, this payment method should allow clients to make payments immediately and in… Read More

November 24, 2021 @ 12:01 pm By Omar Faridi  |  

Brazil-based virtual banking Fintech Nubank has partnered with several different retailers in order to add a digital commerce section to its app. At the time of launch, Nubank‘s clients in Brazil can start shopping at retailers like AliExpress, Dafiti and Magalu via the app, with… Read More

November 24, 2021 @ 10:57 am By Omar Faridi  |  

Staking Rewards, a provider of independent staking data and research, has secured 3 million CHF from various digital asset investment companies to create a new suite of products and services catering to the staking space, “including the development of investable staking index products.” Currently, staking… Read More

November 24, 2021 @ 9:18 am By Omar Faridi  |  

Tide, the UK’s leading business financial platform serving over 375,000 SMEs – nearly 7% of the market, has revealed that it will allow SMEs to connect their existing business accounts, “held at other institutions, to its platform using Open Banking.” In the first such move… Read More

November 24, 2021 @ 9:11 am By JD Alois  |  

Bank North, previously operating as B-North, is looking to raise £1 million in growth capital on GrowthFunders. UK-based Bank North was granted a banking license (Authorised with Restrictions or ‘AWR’) by the UK’s Prudential Regulation Authority (PRA) this past August. Around the same time, the… Read More

November 24, 2021 @ 8:50 am By Omar Faridi  |  

AIB revealed on Tuesday (November 23, 2021) that it has decided to sell its British small business loan book to London-headquartered Fintech challenger Allica Bank. But the £600 million (appr. €715 million) size of the portfolio is considerably smaller than the recently reported £1 billion… Read More

November 24, 2021 @ 8:31 am By Omar Faridi  |  

Paris-based Société Générale S.A. (GLE.PA), a French multinational investment bank and financial services company with around €1.3 trillion in assets, says it is putting its trust in data and AI in order to help the organization with transitioning into the digital age. As the institution… Read More

November 24, 2021 @ 8:28 am By Omar Faridi  |  

UK-based Payhawk, the payments and expense solution with business offices in London, Sofia, Berlin and Barcelona, has secured $112 million in capital three years after its inception, valuing the firm at $570 million. The Series B investment round has been led by San Francisco based… Read More