Global

October 15, 2021 @ 1:30 pm By Tony Zerucha  |  

Singaporean Fintech Thunes, a provider of global cross-border payments, this week announced instant cross-border bank payments to Russia. The partnership will allow Thunes’ customers to make payments to any of Russia’s business and consumer bank accounts in near-real-time, the company said.  In 2019, the combined… Read More

October 15, 2021 @ 8:26 am By JD Alois  |  

Wirex, a payments and transfer platform offering both crypto and fiat services, says it will white label its services for the first time. The company is h0ping to provide services to both traditional banking firms as well as Fintechs. Wirex says there are few other… Read More

October 15, 2021 @ 8:03 am By Omar Faridi  |  

Tradeshift, an e-invoicing and AP automation service, announced that its virtual credit card product Tradeshift Go is on track to handle $2.5 billion in charge volume during 2021 – “a sixfold increase over 2020.” With this steady growth and over 2,000 clients, Tradeshift Go ranks… Read More

October 14, 2021 @ 8:00 pm By Omar Faridi  |  

We recently caught up with Domenic Carosa, Founder and Chairman at Banxa (TSX: BNXA), which powers one of the largest digital asset platforms by offering payments infrastructure and regulatory compliance across international markets. Banxa’s goal and vision is to develop the bridge that offers consumers… Read More

October 14, 2021 @ 5:03 pm By JD Alois  |  

YIELD App says it has topped 60,000 users and $339.4 million of managed assets on its platform as of the end of September 2021. The company is a digital asset management platform. It reports that assets went from $163.6 million at the end of June… Read More

October 14, 2021 @ 1:05 pm By Omar Faridi  |  

Banco Santander (NYSE: SAN) (via Santander Universities) and MIT Professional Education are providing 400 “Santander Tech | Emerging Technologies Program by MIT Professional Education” scholarships “geared at courses related to in-demand technologies such as blockchain, AI, and cybersecurity in a job market dominated by digitalization… Read More

October 14, 2021 @ 11:17 am By Omar Faridi  |  

PCI Pal (LON: PCIP), the international provider of secure payment services, has announced a new integration with Amazon Connect to provide its clients globally with additional options for payment security and compliance with PCI Pal omnichannel secure payment solutions. Businesses of all sizes are now… Read More

October 14, 2021 @ 9:57 am By Omar Faridi  |  

Tipalti, an international payables automation firm, has unveiled its latest innovations – which includes the integration of its current Procurement and Payables service and a corporate payment card at Illuminate, its inaugural user conference, in order to assist high-velocity firms with controlling costs and enhancing… Read More

October 14, 2021 @ 8:47 am By Omar Faridi  |  

Creditspring, a subscription loan provider, has introduced Step, which is a new credit builder product that assists members with enhancing their credit score without dealing the risk of acquiring additional debt. With new Creditspring research confirming that more than a quarter (28%) of 18-34-year-olds are… Read More

October 14, 2021 @ 8:08 am By Omar Faridi  |  

Digital bank Zopa has confirmed the appointment of Helen Beurier as its first Chief People Officer. With more than 25 years of professional experience across some of the largest FMCG, retail, and pharma household names, Helen brings “a wealth of experience to the digital bank… Read More

October 14, 2021 @ 7:50 am By Omar Faridi  |  

SumUp, the London-headquartered payments service provider with more than 2,800 employees across three continents, confirms its acquisition of Fivestars, which is one of America’s largest two-sided local commerce networks that “combines a marketing platform with integrated payments.” SumUp has reportedly paid $317 million for the… Read More

October 14, 2021 @ 4:00 am By JD Alois  |  

Wiserfunding, a UK-based provider of credit risk assessment for SME lenders, has partnered with CrediLinq.Ai, a Singapore-based, AI credit platform. According to a company release, the partnership will seek to provide automated, fast, and credit risk assessment to Southeast Asian SMEs. The companies point to… Read More

October 13, 2021 @ 6:37 pm By Tony Zerucha  |  

As our world becomes more purpose-driven, ethically aligned companies will want to bank with an institution that shares their values. Remagine wants to be that bank, co-founder Sebastian Dienst said. Based in Berlin, Remagine’s goal is to reshape financial services through founder-friendly and tech-driven financial… Read More

October 13, 2021 @ 3:07 pm By Omar Faridi  |  

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

October 13, 2021 @ 10:54 am By Omar Faridi  |  

Bank of America (NYSE: BAC) has introduced a new solution, which enables firms with frequent payments to consumers to offer their beneficiaries with the option to choose how they “want to be paid.” Called Recipient Select, the solution from Bank of America aims to address… Read More

October 13, 2021 @ 9:33 am By JD Alois  |  

Antler, a global VC firm active in the Fintech sector,  has closed over $300 in funding, according to a note from the company. Investors in the funds include Schroders, Vækstfonden, and Phoenix Group. Antler is committed to investing at the pre-seed stage, with the firm now… Read More

October 13, 2021 @ 9:19 am By JD Alois  |  

Temenos (SIX: TEMN) and Green Dot (NYSE: GDOT) are working together to power a digital banking service. Green Dot will use the Temenos Banking Cloud as its platform of choice to power its banking platform services (BaaS) partners. This will enable it to embed financial… Read More

October 13, 2021 @ 8:39 am By JD Alois  |  

Global Processing Services (GPS), a payments Fintech that works with many top firms like Revolut, Starling Bank, Curve, and more, has raised over $300 million according to a release. Investors include Advent International and Viking Global Investors who will gain control of the company. The… Read More

October 13, 2021 @ 8:18 am By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider, has acquired iController, a B2B provider of intelligent solutions for collections management, “for $58 million, financed with cash on hand.” Established in 2007, Belgium-headquartered iController’s software-as-a-service (SaaS) product offering supports ” a… Read More

October 13, 2021 @ 8:15 am By Omar Faridi  |  

Lunar, the financial services firm that provides Nordic consumers and businesses a new way to bank and make payments, announces the acquisition of Paylike in order to make online payments simpler and faster for digital commerce businesses and consumers. Being able to take payments and… Read More