Tagged: digital financial services

November 10, 2022 @ 4:06 pm By Omar Faridi  |  

The all-new Kuda app has arrived on the Play Store and the App Store with features including investments and UK-to-Nigeria transfers. Financial inclusion is in “our soul,” the company claims, while noting that since 2019, they have worked “with almost five million users to build… Read More

November 9, 2022 @ 10:37 pm By Omar Faridi  |  

Weavr, a London-headquartered technology provider that empowers businesses with plug-and-play embedded finance solutions, sets up in Singapore “as part of its mission to make embedded financial services available to any digital business.” Backed by a US$40m Series A led by American investment firm Tiger Global,… Read More

November 7, 2022 @ 8:17 pm By Omar Faridi  |  

Fintech Galaxy, which claims to be the “industry-leading” financial innovation company, has become the first central bank regulated Open Finance platform in the MENA region “after receiving a license from the Central Bank of Bahrain (CBB), allowing the firm to operate as a regulated Third-Party… Read More

November 6, 2022 @ 10:24 pm By Omar Faridi  |  

UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, recently announced its partnership with cloud-native banking technology company Thought Machine and has “deployed its core banking engine, Vault Core.” Thought Machine’s next-generation core technology has “enabled UnionDigital Bank to swiftly build its… Read More

November 4, 2022 @ 8:14 am By Omar Faridi  |  

N26, The Mobile Bank, announced the appointment of its new group Supervisory Board “as it continues to evolve its governance structures in preparation for the next stages of development.” The latest appointments “will see Marcus W. Mosen, Jörg Gerbig, Dr. Barbara Roth, Dr. Julian Deutz… Read More

November 2, 2022 @ 12:27 pm By Omar Faridi  |  

TIFIN, the Fintech platform known for its highly engaging products fueled by advanced data science and machine learning, has launched what it claims to be  “a first-of-its-kind platform for client personalization.” The platform “to facilitate modern personalization will be offered by its TIFIN Wealth division… Read More

November 2, 2022 @ 12:17 pm By Omar Faridi  |  

Rapyd, the fintech platform for global payments, payouts and business everywhere, has announced the launch of a multi-currency Treasury Solution, which is reportedly the “first of its kind” for the APAC area. This solution is described as a collection of cash management features/solutions that optimize… Read More

October 31, 2022 @ 10:54 pm By Omar Faridi  |  

Maybank Indonesia announced its Consolidated Financial Results for nine months ended 30 September 2022, “with Profit before Tax (PBT) of Rp1.48 trillion and Profit after Tax and Minority Interest (PATAMI) of Rp1.06 trillion.” The Bank’s PBT and PATAMI “remained comparatively stable to last year’s results.”… Read More

October 31, 2022 @ 7:51 am By Omar Faridi  |  

Adyen (AMS: ADYEN)  has broadened its offering by taking live two new embedded financial products – Capital and Accounts – which are now “available to platform and marketplace businesses in the US and Europe via Adyen’s single integration.” Adyen, the global financial technology platform of… Read More

October 28, 2022 @ 5:40 pm By Omar Faridi  |  

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced that it is partnering with FNZ, a global wealth platform, to create “a fully digital, integrated wealth management experience for the U.S. market.” The integration of Envestnet’s and FNZ‘s… Read More

October 27, 2022 @ 11:14 pm By Omar Faridi  |  

Evergreen Bank Group has launched Narmi‘s mobile and web-based banking platform and digital account opening solution for its Evergreen Bank Group, Performance Finance and FreedomRoad Financial brands. The platform enhances the customer’s digital banking experience, “both via a computer or mobile device, and allows current… Read More

October 26, 2022 @ 10:34 pm By Omar Faridi  |  

Capco, a Wipro company and global technology and management consultancy, and Plaid, an industry leader powering the digital financial ecosystem, announced a new alliance. The alliance will “combine Plaid’s leading open finance solutions with Capco’s domain and data analytics expertise to help financial institutions unlock… Read More

October 26, 2022 @ 7:51 am By Omar Faridi  |  

Klarna Kosma, Klarna‘s financial technology platform for banks, Fintechs, and innovative retailers, announced that its partnership with Krea, a digital loans platform for Small and Medium-sized businesses (SMEs) in Sweden “has helped Swedish SMEs receive on average 15% larger loan offers, at a 4% lower… Read More

October 24, 2022 @ 7:08 pm By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced an expansion of its existing relationship with Mastercard that will “enable credit unions and banks to provide their accountholders the ability to securely see all of their financial accounts – within and outside their primary financial institution – in one… Read More

October 24, 2022 @ 3:58 pm By Omar Faridi  |  

Achieve, which claims to be the leader in digital personal finance, recently announced that it has raised a new debt facility “totaling $225 million with participation from O’Connor Capital Solutions, the private credit unit of UBS O’Connor LLC, and others, including a multi-trillion dollar asset… Read More

October 23, 2022 @ 8:17 pm By Omar Faridi  |  

Zolve, a global neobank providing cross-border financial services, recently announced the appointment of Kin Chung to its leadership team in the United States. Chung, Zolve’s new Head of Credit and Risk, comes with “a wealth of experience in the financial domain through several key leadership… Read More

October 23, 2022 @ 3:39 pm By Omar Faridi  |  

Banyan, the network for SKU data, recently announced it has raised a $43 million Series A round led by Fin Capital and M13. The funds from the investment round will “accelerate Banyan’s technology and infrastructure growth to benefit merchants, hotels, banks and fintechs.” The Banyan… Read More

October 21, 2022 @ 5:33 pm By Omar Faridi  |  

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families in over 170 countries around the world, announced key business milestones in the Asia-Pacific (APAC) region. Remitly has expanded its global footprint “to include Japan and New Zealand. To date,… Read More

October 20, 2022 @ 7:57 pm By Omar Faridi  |  

American Express (NYSE: AXP) and Cvent (Nasdaq: CVT), a meetings, events, and hospitality technology provider, introduced enhanced features to the Cvent Event Marketing & Management platform that “further expand virtual payment capabilities, leveraging American Express’ integrated budget management and payment automation solutions.” The enhanced features… Read More

October 20, 2022 @ 3:30 pm By Omar Faridi  |  

Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), announced it is giving Secure Banking customers more flexibility “over how they manage their money by providing access to direct deposits up to two days early.” Beginning this month, Secure… Read More