Tagged: Business Expansion

May 17, 2022 @ 8:57 am By Omar Faridi  |  

Following a £10 million equity funding round late last year and a period of “rapid expansion” at Blend Network, the team is now expanding their UK local and regional footprint “with the opening of a number of satellite offices across the UK regions.” In March,… Read More

May 12, 2022 @ 9:17 pm By Omar Faridi  |  

Starling Bank, the digital bank, has reportedly doubled the size of its Cardiff office and “created hundreds of new jobs as its growth continues.” 868 employees are based in the region, “a 117% increase on the bank’s original 2020 pledge to hire 400.” As mentioned… Read More

May 11, 2022 @ 9:35 pm By Omar Faridi  |  

FIA Tech, the futures industry’s technology provider, recently announced that it has established a new client services and operations center based in Tampa, Florida. FIA Tech’s customer services team is the main interface for FIA Tech’s international client base and is tasked with the onboarding… Read More

May 8, 2022 @ 12:02 pm By Omar Faridi  |  

Lendermarket, which claims to be one of Europe’s fastest growing P2P investment platforms, recently announced that it is becoming “a multi-lender platform after signing an agreement with Credory, an Estonian SME-financing company.” The partnership “enables Lendermarket to appeal to investors looking for lower-risk loans and… Read More

May 3, 2022 @ 1:47 am By Omar Faridi  |  

Banking Circle, the “tech-first” Payments Bank focused on enabling “fast” and “low-cost” payments, has expanded its payment provision for Poland “with the addition of local Polish Virtual IBAN accounts for collections.” This means PSPs supporting businesses serving the Polish market can now “provide unlimited Virtual… Read More

April 30, 2022 @ 5:25 pm By Omar Faridi  |  

Plaid, an international open finance data network and payments platform, is announcing an expansion of its Payment Partner Ecosystem in order to include three European partnerships – Primer, UniPaas and NoFrixion. As a result, more vendors and merchants can “leverage open banking in order to… Read More

April 29, 2022 @ 12:20 pm By Omar Faridi  |  

BPC has announced its expansion into the Americas in order to support the payments and processing requirements of traditional financial institutions, payments processors, and Fintech firms. The company is launching its full suite of SaaS Cloud services “on Oracle Cloud Infrastructure (OCI) from Ashburn, Virginia,… Read More

April 28, 2022 @ 10:36 pm By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, announced its expanded partnership with cross-border e-commerce provider Global-e (Nasdaq: GLBE). Via this partnership, merchants selling to Canada through Global-e’s cross-border e-commerce platform, “including notable brands such as Reformation, SKIMS, Fenty Beauty, Rimowa, Versace, Marc Jacobs,… Read More

April 27, 2022 @ 8:23 am By Omar Faridi  |  

Grayscale Investments, which oversees the $30 billion+ Grayscale Bitcoin Trust (GBTC), is reportedly looking at further expanding into the European market for digital asset funds. Grayscale will be meeting with various partners in order to discuss matters related to entering the European markets, according to… Read More

April 20, 2022 @ 8:28 am By Omar Faridi  |  

Paysend, the UK-based fintech with over 6.5 million customers, recently announced that it has opened its Americas headquarters in Miami. As mentioned in an update shared with CI, the move embraces Miami’s reputation “as America’s new Fintech capital, with a growing community of venture capital… Read More

April 14, 2022 @ 8:49 am By Omar Faridi  |  

Nubank (NYSE: NU), one of the largest digital financial services platforms globally, recently announced that it strengthened its international operations by obtaining a credit line of $650 million, which will be “invested in the Mexican and Colombian markets, where the company operates under the name… Read More

April 14, 2022 @ 7:38 am By Omar Faridi  |  

Upvest, the Berlin-based infrastructure Fintech, has expanded its management team and appointed Markus Maier as the new Chief Operating Officer. Maier has previously “worked at UBS and Deutsche Bank and brings more than 25 years of management experience in the securities services and derivatives business.”… Read More

April 13, 2022 @ 5:46 am By Omar Faridi  |  

Paymob, MENA region’s virtual payments provider, has announced its formal market entry, and “start of operations, in Pakistan.” Paymob’s expansion into Pakistan follows its steady growth in its home market of Egypt, plus Jordan and other world regions where – combined – it “services tens… Read More

April 1, 2022 @ 1:24 pm By Omar Faridi  |  

Klarna, the international retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, has launched ‘Klarna Kosma’, a sub-brand and business unit “to harness the rapid growth of its … Open Banking platform.” By offering simple access… Read More

March 16, 2022 @ 7:44 am By Omar Faridi  |  

Trulioo announced that it now provides coverage in Greece and Israel via Trulioo GlobalGateway, the global identity verification platform. With GlobalGateway, organizations operating in these two nations may now “perform identity checks on consumers that support regional Know Your Customer (KYC) and Anti-Money Laundering (AML)… Read More

March 10, 2022 @ 11:44 am By Omar Faridi  |  

Open Banking Fintech firm Bud has confirmed its Australian market debut after obtaining accreditation from the Australian Competition and Consumer Commission in order to offer a range of Open Banking services. The Fintech firm, named an international player in Open Banking intermediary services in Forrester’s… Read More

March 3, 2022 @ 8:31 am By Omar Faridi  |  

Fintech firm Freetrade reveals that they have received their license from Sweden’s financial regulator, Finansinspektionen. Freetrade confirms that their mission “to get everyone investing got a big boost this week, as we secured our licence from the Swedish financial regulator.” The company wrote in a… Read More

February 20, 2022 @ 10:17 pm By Omar Faridi  |  

Cross-border payments Fintech Wise (LSE:WISE) intends to hire around 150 professionals for its Singapore business offices in 2022. Wise‘s management noted that this includes key roles focused on engineering, product development, design, analytics, compliance, payments and various other operations in order to support ongoing product… Read More

February 20, 2022 @ 2:17 pm By Omar Faridi  |  

Nana Murugesan, VP, International and Business Development at Coinbase (NASDAQ: COIN), says that the digital asset firm will be adopting “a go broad and go deep approach” in order to scale operations internationally so that they can further their mission of bringing more “economic freedom”… Read More

February 16, 2022 @ 3:56 pm By Omar Faridi  |  

The business sector is facing an influx of innovation: changing consumer behavior and preferences, digital transformation as well as geopolitical shifts. In order to assist businesses with evolving and supporting their growth enterprise-wide, Mastercard (NYSE: MA) announced that it is expanding its payments-focused consulting service… Read More