Zilch, a fintech payments innovator of the “ad-subsidized” payments network (ASPN), announces the launch of Zilch Travel. This partnership will reportedly make booking and paying for holidays “easier and more rewarding.” Powered by lastminute.com, a European Travel-Tech firm, the partnership aims to enhance Zilch customers’… Read More
HyperPay, the Saudi payments services provider (PSP) operating in the MENA region, reportedly obtained a license from the Saudi Central Bank (SAMA) in order to support the diversification and development of the financial services ecosystem in KSA. In line or consistent with its strategy to… Read More
Accenture (NYSE: ACN) has acquired a digital twin technology platform for banks developed by Percipient, a Singapore-based fintech with experience in banking tech transformation. The acquisition enhances Accenture’s banking modernization capabilities, helping financial services clients in Asia Pacific “accelerate the reinvention of their core systems,… Read More
IDB Invest approved an investment of up to $50 million in Victory Park Capital (VPC) Investor Fund W, L.P., a debt fund in Latin America and the Caribbean committed to offering financial solutions for Fintechs. The fund will focus on expanding access to financing for… Read More
Sixteen years ago, Accel embarked on a journey to partner with founders across India—continuing the firm’s history of partnering with founders on a global scale. Accel is now announcing their eighth early-stage fund, a $650 million commitment to empower category-defining startups; companies that will “set… Read More
Fintech firm Zilch has reflected on what they claim was an extraordinary year, and their end-of-year update captures the defining moments of 2024. From significant milestones to transformative partnerships, Zilch stated that it has been a year of steady growth and “meaningful” progress. Over the… Read More
As digital payments continue to replace more traditional methods of payment, network tokenization plays a key role in boosting security and efficiency across the card-not-present ecosystem, according to an update from Juniper Research. By involving the issuing bank early in the transaction authorization process, network… Read More
Anil Stocker, CEO & Co-Founder at Kriya, a UK Fintech that is powering frictionless access to B2B payments and credit, has shared some reflections on Kriya’s productive 2024, with always more to come. Kriya’s PayLater volume grew at 300% CAGR, Stocker noted. He also shared the… Read More
Gilles Gade, Founder and CEO at Cross River Bank, said that when he thinks of 2024, he’s reminded of a quote by the Austrian philosopher Viktor Frankl: “When we are no longer able to change a situation – we are challenged to change ourselves.” As… Read More
The Saudi Central Bank (SAMA) licensed “Hiberbay Ink Al-Saoudia for IT Systems” to provide E-wallet solutions. With “Hiberbay Ink Al-Saoudia for IT Systems,” there are now 27 licensed firms providng payments services across the Kingdom of Saudi Arabia. This decision reflects SAMA’s aim to support… Read More
Staying secure means staying ahead of what’s coming, according to Fintech Plaid. At Plaid, they reportedly run hundreds of services across tens of thousands of pods on dozens of Kubernetes clusters hosted in AWS. Shuaiwei Cui and Anirudh (Ani) Veeraragavan noted that their teams ship… Read More
The Saudi Central Bank (SAMA) licensed “Majd Saudi Payments” to provide E-wallet solutions. With Majd Saudi Payments, there are now “26 licensed companies offering payment services” in Saudi Arabia. This decision reflects SAMA’s goal to support the payments sector, increase the efficiency of financial transactions,… Read More
Aghanim, a mobile gaming fintech company, announced a new feature for mobile game developers: Instant Payouts. Founded by Harvard Business School alums with more than 40 years of combined expertise in video games and fintech, Aghanim’s platform ensures developers are now paid instantly, a “stark… Read More
Southeast Asia faced a challenging year in 2024, marked by a “significant contraction” in funding, amid a weak global economy, a new report revealed. According to Tracxn‘s report, prepared by industry analysts, the region’s tech ecosystem experienced a sharp decline in financial inflows and major… Read More
Nordic fintech Two collaborates with Dutch banking platform ABN AMRO to enhance B2B e-commerce payments. Two, a European enabler of B2B payments technology today announces a strategic collaboration with ABN AMRO (abnamro.com), a leading financial institution in the Netherlands. Together, they are reportedly launching a… Read More
The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have reportedly greenlighted the acquisition of Transfeera, a fintech that is specialized in various payment solutions for businesses, by PayRetailers, a payments processor. The latest transaction is said to be part… Read More
GoCardless has partnered with Endava, a provider of technology services, to help enterprise merchants access the benefits of bank payments. The collab will see Endava manage the integration of GoCardless payment solutions within their enterprise clients as part of “large-scale” digital transformation projects. This will… Read More
PitchBook released their Quarterly Fintech M&A Review, which is tracking big bank M&A activity. PitchBook has shared informative and detailed insights on M&A by the 30 largest US banking institutions and by publicly traded fintech companies. Key takeaways shared by PitchBook from the report: Corporate… Read More
Goose Valley Ventures (GVV), a FinTech-focused VC firm supporting startups in the Nordic and Baltic regions, is pleased to announce its investment in Lithuanian FinTech Torus, an SaaS intelligence platform for banks and paytechs. With this investment, GVV underscores its commitment to backing startups that… Read More
Nuvei Corporation, the Canadian fintech, announces the expansion of its partnership with Google to integrate Google Pay, an option now available for merchants across Latin America (LatAm). This collab builds upon the relationship between Nuvei and Google, and complements Google Pay’s availability via Nuvei in… Read More
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