Global

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

Marc Hauser Appointed as Head of F10 Switzerland

Marc Hauser has been appointed as the Head of F10 Switzerland and member of the Global Leadership Team. As mentioned in the announcement, Marc will be responsible for “leading the Swiss team in achieving F10’s mission of shaping the future of banking and insurance.” In… Read More

PSD2 Payments: Financial API Platform Salt Edge Partners with Italian Fintech Accelerator Supernovae Labs

Salt Edge, a Financial API platform has partnered with Italian Fintech accelerator Supernovae Labs in order to support Italian financial institutions and third-party providers with aggregating banking data and carrying out payments enhanced by PSD2. Through their collaboration, Salt Edge and Supernovae Labs are providing… Read More

Digital Banking Fintech Revolut Performs Updates to Enhance Security, Streamline UX

Digital banking platform Revolut notes in a blog post that Halloween is soon on its way, however, there’s nothing “spooky” about the work they’ve been doing during October 2021. The Revolut team also mentioned that they’ve performed updates to enhance platform security and reduce your… Read More

UK based Digital Banking Platform Starling Explains How to Set Your Own Contactless Payments Limit

The team at UK’s digital bank Starling notes that they always want their clients to be in control of their funds. That’s why they are introducing a feature that allows customers to set their own limit for contactless payments made with their debit cards, “up… Read More

Andrews Federal Credit Union Teams Up with Fintech Wise on Low-Cost Remittance Payments for Military Members

Andrews Federal Credit Union and Fintech Wise have announced a digital remittance integration, which could save a lot of money for members of the Armed Forces – particularly  those residing overseas – directly via their current Andrews Federal banking dashboard. Scheduled to launch later in… Read More

Global Financial Services Provider Tala Secures $145M via Series E led by Upstart

Tala, the international tech firm creating an accessible financial services platform, announced a $145 million Series E round that has been led by Upstart along with contributions from the Stellar Development Foundation. New investors Kindred Ventures and the J. Safra Group, along with existing investors… Read More

Mature P2P Lending Platforms in Europe to Recover Over 9% Above Average, Robocash Reports

During the market recovery following the Coronavirus crisis, European peer-to-peer platforms that emerged by 2017 have managed to rebound “at above-market growth rate,” according to a report from Robo.cash. The Croatian P2P lender noted that “calm upward trend is supported by a 2% increase in… Read More

Fidelity Bank Upgrades Self-Service Network with Diebold ATMs

Diebold Nixdorf (NYSE: DBD), an international leader in supporting connected commerce for the banking and retail sectors, reveals that Fidelity Bank will be replacing its self-service network with DN SeriesTM ATMs, updating to the latest technology. As mentioned in a release, the new Windows 10… Read More

Embedded Finance Fintech Alviere Raises $70 Million Series A/B Funding

Embedded finance firm Alviere has raised $70 million in a Series A and B funding round led by Viola Ventures and Viola Fintech. Alviere seeks to empower any business to launch a new financial services line. Alviere expects to benefit from a sector of Fintech… Read More

Veem Partners with Visa to Enhance Domestic and Cross Border Money Movement

Veem, the international payment network for SMBs, announced a partnership with Visa (NYSE: V), the leader in virtual payments. Now, more than 400,000 of Veem‘s clients will get access to a new SMB Visa card program and digital money movement capabilities via Visa Direct, which is… Read More

Tiger Global Management Leads M2P Fintech $35M Series C

Asian API infrastructure company M2P Fintech this week announced a $35 million Series C round. Tiger Global Management led the raise with participation from existing investors BEENEXT, Flourish Ventures, Omidyar Network India, 8i Ventures, Better Capital and the DMI Group via its investment vehicle Sparkle… Read More

Databricks Joins FinTech Australia’s Corporate Partnership Program

Data and artificial intelligence company Databricks has become a gold partner in FinTech Australia’s corporate partnership program, the agency announced this week. It joins other major technology companies such as Facebook, Google, Amazon Web Services (AWS) and Xero, all of whom have become members in… Read More

Thunes Announces Instant Payments to Russia

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

Wirex Will White Label its Fiat and Crypto Transfer Services

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

Tradeshift Go to Hit $2.5B in Annualized Virtual Card Charge Volume

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

Domenic Carosa: Founder and Chairman at Banxa Reveals Plans to Become the Leading Crypto to Fiat Gateway

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

Yield App Says it Doubles Assets in Q3

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

400 Emerging Technologies or EmTech Scholarships to be Offered by Santander and MIT Professional Education

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

PCI Pal Announces Amazon Connect Integration, AWS Marketplace Availability

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

Payables Automation Fintech Tipalti Unveils New Payment Card, Confirms its UK Business Expansion

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

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