Tagged: fintech adoption

Retail Fintech VC Deal Value Surged to $2.6 Billion in Q4 2023 – Report

Retail Fintech VC deal value rose 5.0% QoQ to $2.6 billion in Q4 2023, according to recent updates from Pitchbook. However, deal value remained down by 18.2% YoY, the Pitchbook report noted. While this represents the third quarter in a row where VC deal value… Read More

Embedded Banking: OMB Bank Joins Treasury Prime Bank Network

Treasury Prime, an embedded banking software company, announced that OMB Bank has joined the Treasury Prime Bank Network to offer innovative embedded banking solutions to customers in the fintech space. The partnership marks the latest addition to Treasury Prime’s -bank network, which now totals more… Read More

Finastra Payments To Go Selected by Jefferson Bank to Enable Instant Payment Services

Finastra announced that Jefferson Bank, an independent bank serving communities across Texas, has selected Finastra Payments To Go, a payments-as-a-service solution for its new instant payments services. The cloud-based payments solution will “help Jefferson Bank to efficiently deliver both RTP TCH and FedNow services 24/7,… Read More

UK Fintech Wise Could Be Benefitting Considerably From Higher Interest Rates, According to Industry Analyst

Simon Taylor, an experienced Fintech strategist, notes that the latest Fintech results season is witnessing Wise (LSE:WISE) really “hitting its stride.” As HSBC competitor Zing launches, Wise revenue is “up 23% YoY and its above its IPO price.” Simon Taylor has examined why Wise revenuers… Read More

Investment Association’s Fintech Hub Announces New Firms Joining Innovator Program, Key Partnerships in Canada

The Investment Association’s (IA) Fintech hub and accelerator, IA Engine, has announced the latest firms to join its Innovator Program, as well as new global Fintech partnerships between Engine and Canada. The following five firms have been chosen to join this year’s cohort, which, during… Read More

Fintech xpate Enhances Payment Solutions via Partnership with Mambu

xpate, a frontrunner in the e-commerce payment solutions sector, announces its migration to Mambu’s cloud banking platform, marking an advancement in its service offerings across Europe. This transition signifies xpate’s commitment “to deploying a robust, scalable architecture that promptly adapts to evolving market demands and… Read More

Regtech: uqudo and Tamara to Enhance Identity Verification in BNPL Transactions

uqudo, the digital identity company in the MEA region, has entered into a collaboration with Tamara, a fintech platform in Saudi Arabia and the GCC region. This strategic partnership represents “a significant milestone in the financial landscape of the GCC, poised to elevate digital transactions… Read More

Innovate Finance Introduces Unicorn Council for UK Fintech Founders

Innovate Finance, the independent industry body for UK Fintech, has launched the Unicorn Council for UK Fintech (UCFT), a coalition of UK-based Fintech unicorn founders to accelerate and unlock promised growth in the UK FinTech sector. The Council will be “co-chaired by Janine Hirt, CEO… Read More

CGS Expands Securities Finance Capabilities with Broadridge SFCM Solution

To elevate its securities finance offering, CGS International Securities Pte. Ltd., an integrated financial services provider in Asia, has implemented global Fintech Broadridge Financial Solutions, Inc.‘s (NYSE:BR), Securities Finance and Collateral Management (SFCM) platform. The single platform enables CGS International “to minimize costs via automation… Read More

TrueNorth and Brim to Deliver Credit Card as a Service Platform to Fintechs

TrueNorth, a professional services organization specializing in implementation, systems integration and engineering of digital solutions for the financial services industry, and Brim Financial, a provider of credit card platform as-a-service and one of the fastest growing Fintechs in North America, are excited to announce their… Read More

Fintech Firm PayQuicker Partners with MONAT Global

PayQuicker, a Fintech firm focused on the global payouts market, today announced its partnership with MONAT Global, a direct-selling company known for its haircare, skincare, and wellness products. MONAT will leverage PayQuicker’s unique offerings “to streamline commission-based payments to their Market Partners across the globe… Read More

STICPAY, a Digital Wallet Service Provider, Announces Partnerships with Asian Local Payment Providers

STICPAY, a global e-wallet service provider and payment gateway, announces new partnerships with more than 20 Asian local payment providers in a move that makes global payments for Asia’s developing market communities more accessible, integrated, and cost-effective. Across China, India, Hong Kong, the Philippines, Singapore,… Read More

UK Fintech TangoPay and Currencycloud to Improve Remittance Services

Currencycloud, the Fintech firm focused on simplifying business processes in a multi-currency environment, has teamed up with UK-headquartered Fintech company, TangoPay to improve its remittance service for its UK-based expat clients. This enhancement will be achieved by introducing real-time competitive foreign exchange (FX) rates along… Read More

Alloy for Embedded Finance Launches for Fintechs to Address Identity and Compliance Risks

Alloy, the identity risk management company behind nearly 600 banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements. Oftentimes, sponsor… Read More

Programmable Payments Solution Introduced by Wedge

Wedge, a Fintech startup, has launched the Wedge white-label programmable payments platform. Banks and credit unions nationwide can now “issue customers the industry’s most advanced debit cards, offering them the ability to use their most efficient payment method available at every point of purchase, physically… Read More

Fintech NayaOne Acquires $4.7M, Will Boost Sandbox Platform

NayaOne has announced a $4.7 million funding round led by EJF Capital, with Valley Ventures, the corporate venture capital arm of Valley Bank and Carthona Capital also on board. This investment is a testament to NayaOne’s growth and potential “to transform financial services with its… Read More

Open Banking Fintech Yapily Partners with Uncapped, a Working Capital Provider

Yapily, a provider of open banking solutions, is announcing its partnership with Uncapped, a Fintech providing working capital funding to scaling brands, retailers, and merchants across the UK, EU, and US. This collaboration significantly bolsters progress in “the financial lending sector and democratises access to… Read More

Bahrain’s Eazy Financial Services Partners with Visa

Eazy Financial Services (EazyPay), a Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, has joined forces with Visa (NYSE: V), a global leader in digital payments, in order “to enable Visa Direct, a cutting-edge funds transfer solution for EazyPay’s customer… Read More

Fintech Platform Backbase and Alacriti to Enable Instant Payment Solutions for FIs

Backbase says that Alacriti, a cloud-based payments and money services provider, will integrate its payments hub solution into the Backbase Engagement Banking Platform. Through this partnership, Backbase clients will be “able to offer instant payment capabilities to their customers. Backbase, leveraging Alacriti’s Orbipay Payments Hub, will… Read More

United Fintech Acquires Investments from BNP Paribas and Citi

BNP Paribas (EPA: BNP) and Citi (NYSE:C) have become the first institutional investors in United Fintech Group Limited, a neutral Digital Transformation Platform, as part of a strategic investment round led by Citi. United Fintech is also in advanced talks “with other leading strategic investors… Read More

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