June 13, 2023 @ 2:28 pm By Omar Faridi  |  

American Express (NYSE: AXP) a new partnership with Request to Pay focused fintech startup, Bluechain in order “to help streamline the supplier payment process for small and medium sized enterprises (SMEs).” Invoice management can “be resource intensive for small business owners, especially when using multiple… Read More

June 13, 2023 @ 12:04 pm By Omar Faridi  |  

United State Bank has partnered with digital banking provider, Bankjoy in order “to deliver a world-class online and mobile banking experience for its account holders.” Founded in 1922 and based in Lewistown, Mo., United State Bank “serves the financial needs of retail customers and commercial… Read More

June 13, 2023 @ 10:29 am By Omar Faridi  |  

TIFIN AMP, the Artificial Intelligence (AI) Partner For Modern Distribution, is pleased to announce “the successful close of a Series A round and the establishment of a new board independent from parent company TIFIN.” Leading the investment round is Motive Ventures, the venture arm of… Read More

June 13, 2023 @ 10:10 am By JD Alois  |  

At today’s opening of London Tech Week, Prime Minister Rishi Sunak said he sees the UK as an “island of innovation.” Sunak reported that the UK has created 134 unicorns in the last ten years, stating that the UK is one of the most “digitally… Read More

June 13, 2023 @ 9:48 am By JD Alois  |  

Num Finance, a stablecoin issuer operating in Latin America, says nARS, a stablecoin pegged to the Argentine peso, is now trading on Ripio. nARS is described as a “key pillar” in the company’s strategy. Num Finance aims to introduce other “real world assets” (RWA) as… Read More

June 13, 2023 @ 9:01 am By JD Alois  |  

Reflecting the realities of financial services today, the Association of German Lending Platforms (Verband Deutscher Kreditplattformen, VdK), has changed its name to the Digital Lending Association. The Association represents 27 members and is committed to supporting a viable and transparent digital financing industry while also… Read More

June 13, 2023 @ 8:53 am By Omar Faridi  |  

XMDS Holding, a European software company active in the field of fintech and faretech, has acquired KUARIO, the Dutch based self-service payment provider to complement its portfolio of mobile payments solutions, playing into the increasing use of self-service kiosks. Since its establishment in 1998, XMDS… Read More

June 13, 2023 @ 8:51 am By Omar Faridi  |  

DJUST, a B2B eCommerce SaaS platform created by ex-founding member of Mirakl, Arnaud Rihiant, announced that it has raised €12M in a Series A growth funding round to accelerate market expansion. The investment round was “led by New Enterprise Associates, Inc. (NEA), with additional participation… Read More

June 13, 2023 @ 8:50 am By Omar Faridi  |  

Allica Bank claims it is one of the fastest UK fintechs to hit profitability – “becoming monthly profitable in June 2022, less than three years after securing a banking licence – and achieving a £3m pre-tax profit in the second half of the year.” Allica… Read More

June 13, 2023 @ 6:23 am By Omar Faridi  |  

Global technical body EMVCo has announced the appointment of Tim Stuart to the role of European Liaison. Tim reportedly brings “with him over 20 years of experience in the payments industry, holding various senior positions at Mastercard.” His roles have “included delivering EMV Chip and… Read More

June 12, 2023 @ 11:23 pm By Omar Faridi  |  

BlackRock Inc. (NYSE: BLK) and Kreos Capital announced a definitive agreement under which BlackRock will acquire full control of Kreos, a provider of growth and venture debt financing to companies in the technology and healthcare industries. The acquisition of Kreos adds to BlackRock’s position as… Read More

June 12, 2023 @ 10:47 pm By Omar Faridi  |  

Onfido, the automated identity verification provider, announced it has achieved ETSI TS 119 461 certification, the latest European technical standards for identity proofing and trust services by the European Telecommunications Standards Institute (ETSI). This allows Onfido to “act as an Identity Proofing Service Provider (IPSP)… Read More

June 12, 2023 @ 10:15 pm By Omar Faridi  |  

Lunar opens up infrastructure to enable instant payments in the Nordics. Strong demand from both national and international payment players “drives Lunar to open up its Nordic payment infrastructure to partners.” Starting August 1st Swedish Fintech Trustly will be the first partner “to tap into… Read More

June 12, 2023 @ 10:01 pm By Omar Faridi  |  

SoFi at Work – the holistic, financial well-being, and education assistance benefits partner to more than 1,000 organizations – announced the launch of a new Student Loan Verification (SLV) service. SoFi (NASDAQ: SOFI), the digital personal finance company and all-in-one app, announces this new addition… Read More

June 12, 2023 @ 9:57 pm By Omar Faridi  |  

The retail recession that has been “foreshadowed by Retail Forecasts for some time has arrived. Real retail turnover in Australia fell again – by 0.6% over the March 2023 quarter – locking in a retail recession after the 0.3% decline in the December quarter of… Read More

June 12, 2023 @ 9:54 pm By Omar Faridi  |  

Volante Technologies, the global provider of cloud payments and financial messaging, today announced the appointment of Dan Pilling as Executive Advisor and the newest member of its Executive Advisory Board (EAB). The EAB reportedly “comprises distinguished current and former senior executives from the banking and… Read More

June 12, 2023 @ 9:53 pm By Omar Faridi  |  

TaxBit, the provider of tax and accounting solutions for digital assets, is set to embark on a transformative phase of innovation and expansion with the appointment of Lindsey Argalas as CEO. In this significant leadership transition, Austin Woodward, the current CEO, and Co-Founder, will “transition… Read More

June 12, 2023 @ 9:29 pm By Omar Faridi  |  

Medius, a provider of accounts payable (AP) automation, announced its intent to acquire expense management software company Expensya for an undisclosed sum. Founded in Tunisia in 2014 by former Microsoft software engineers Karim Jouini and Jihed Othmani, Expensya’s web, mobile and smart payment-card solutions “automate… Read More

June 12, 2023 @ 7:17 pm By Omar Faridi  |  

Earnix, the global provider of intelligent, composable, SaaS solutions for insurers, banks and auto lenders announced Pricing Accelerator, a pricing management workflow that enables business users and pricing committees “to make data-driven pricing decisions in real-time, accelerating organizational growth.” Dynamic pricing backed by analytical modeling… Read More

June 12, 2023 @ 6:57 pm By Omar Faridi  |  

AMNIS Treasury Services AG (amnis), a Fintech company founded in 2014 with the objective of simplifying international banking for SMEs, has recently acquired the SME portfolio of FX-Consulting AG. With this strategic move, the two Zurich-based companies aim “to enhance their support for Swiss SMEs… Read More