Tagged: financial services

April 9, 2022 @ 8:38 pm By Omar Faridi  |  

An aggressive recruitment market may hinder startups operating in Scotland’s fast-growing Fintech industry, according to Fintech sector professionals (from Origo). Supported by a £300 million UK Government investment this past August, Edinburgh’s Fintech sector consists of various financial services innovators, however, newcomers seeking out new… Read More

April 8, 2022 @ 1:43 pm By Omar Faridi  |  

  Adyen (AMS: ADYEN), the international Fintech platform of choice for major businesses, is working with Apple to provide Tap to Pay on iPhone for its US clients later in 2022. The solution “allows Adyen’s U.S. customers to use their iPhones to accept contactless payments,… Read More

April 8, 2022 @ 8:19 am By Omar Faridi  |  

Wealth managers may now introduce more of their end-investors to the world of private investments via a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices may also “take part in the space via a corporate service to diversify their portfolios… Read More

April 8, 2022 @ 8:05 am By Omar Faridi  |  

Beginning on Wednesday (April 6, 2022), it will be possible for refugees who arrive in the Netherlands from Ukraine to “open a current account” with ABN AMRO (AMS: ABN) or another bank. Dutch organizations that offer current accounts are prepared “to handle large numbers of… Read More

April 7, 2022 @ 9:50 pm By Omar Faridi  |  

HYPR, The Passwordless Company, has announced another solid year with steady growth across annual recurring revenue (ARR), customer acquisition, workforce expansion and “overall company investment following its Series C $35 million financing.” During its fiscal year ending February 2022, HYPR “doubled its ARR and grew… Read More

April 7, 2022 @ 8:48 pm By Omar Faridi  |  

WeLab, a pan-Asian fintech platform, announced the appointment of Bruno Lee as Advisor. Bruno held various management positions “in various large-scale multinational banks and financial institutions, in which he led the development of wealth management and asset management businesses across Asia.” With his extensive experience… Read More

April 7, 2022 @ 12:24 pm By Omar Faridi  |  

JST Capital, an international financial services company specializing in digital assets, has announced the hiring of Martin C. Grant as Global Head of Regulatory Affairs & Integrity. In his new role, Grant will be responsible for “navigating the evolving digital asset regulatory environment on behalf of… Read More

April 7, 2022 @ 12:22 pm By Omar Faridi  |  

Tippy, the salon and spa digital tipping platform, has announced that it has embedded workforce payments platform Branch to launch “a new, all-in-one solution for acquiring and disbursing cashless tips.” Tippy and Branch’s integrated solution “optimizes the entire tipping experience, from the customer’s wallet to… Read More

April 7, 2022 @ 7:17 am By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service that helps consumers “save time and money, be informed and in control,” revealed the new “Klarna-fied” brand identity of Stocard, which is one of the leading mobile wallet providers that “enables consumers to gather all of… Read More

April 6, 2022 @ 10:34 pm By Omar Faridi  |  

Fintech firm Gaviti helps companies recoup outstanding receivables via their automated platform. Last year, their customers recovered $6.2 billion in A/R Receivables “by streamlining an otherwise tedious process,” according to Yan Lazarev, Co-founder & CEO of Gaviti. Gaviti, an automation system developed to assist firms… Read More

April 6, 2022 @ 4:35 pm By Omar Faridi  |  

GoDo, a Fintech firm offering same-day, no-fee advances to wage earners, has teamed up with Highnote, a modern card issuance platform, in order to create the GoDo Card, a new card program that provides underbanked workers immediate access “to interim wages with no-fee advances.” Powered… Read More

April 6, 2022 @ 10:17 am By Omar Faridi  |  

  FintechOS, an international tech provider for banks, insurers, credit unions and other financial services firms, and Salt Edge, a key player in offering open banking and secure customer authentication solutions, have entered a partnership “to provide innovative and secure technology services to joint clients… Read More

April 6, 2022 @ 8:44 am By Omar Faridi  |  

Lemon.markets, a Berlin-headquartered Fintech firm that helps companies embed trading services through APIs, has secured €15 million via a seed funding round that was co-led by Lakestar and Lightspeed. Creandum and System.one took part in the investment round, along with contributions from angels (like N26… Read More

April 5, 2022 @ 11:57 pm By Omar Faridi  |  

Rewire, which claims to be the first digital financial services platform for migrant workers, has entered a partnership agreement with value SIM provider Lebara. The collaboration should give Rewire access to Lebara’s UK client base, the opportunity to fast-track its growth in the United Kingdom… Read More

April 5, 2022 @ 10:29 pm By Omar Faridi  |  

PT FinAccel Teknologi Indonesia, a directly controlled subsidiary of FinAccel Pte Ltd, the parent firm of Kredivo, has announced the acquisition of “a majority stake in PT Bank Bisnis Internasional, Tbk., an IDX listed entity (ticker BBSI).” This acquisition represents a “significant step in FinAccel’s… Read More

April 5, 2022 @ 11:07 am By Omar Faridi  |  

Qonto, a European business finance solution, announced that it will pursue a securities crowdfunding offering on investment marketplace Crowdcube. Qonto claims to be the first European unicorn to “launch a pan-European community equity raise campaign in partnership with the European platform Crowdcube.” The firm,  which… Read More

April 5, 2022 @ 10:02 am By Omar Faridi  |  

  The Open Banking Implementation Entity (OBIE) is pleased to confirm the publication of the Open Banking Standard, version 3.1.3 – including updates to the Read/Write API Specification and Customer Experience Guidelines (CEGs). This is “a minor update to version 3.1.2 which was released in… Read More

April 5, 2022 @ 7:59 am By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, has announced the completion of its acquisition of PriceRunner, the comparison shopping service in the Nordic region “with operations in Sweden, Denmark, Norway and the United Kingdom.” PriceRunner will aim to “bring new features to the… Read More

April 5, 2022 @ 1:16 am By Omar Faridi  |  

Qolo, the omnichannel payments platform for Fintech, recently announced a strategic partnership agreement with MX, a key player in open finance. Qolo and MX offer “fast-track” solutions to “help businesses, particularly neobanks and fintechs, stand up a core mobile banking experience.” This allows them to… Read More

April 4, 2022 @ 10:37 pm By Omar Faridi  |  

During the COVID-19 pandemic in 2020, many businesses either started their first online marketing campaigns or scaled them “to make them more consistent,” the team at Razorpay notes. Not only that, many businesses “scaled the usage of SaaS tools and cloud servers that make operations… Read More