Tagged: fintech adoption

European Fintech Enfuce Enters 2023 with New Hires to Drive Business Growth

Enfuce, the European card issuing and processing firm, has bolstered its management team with pivotal senior appointments as it gears up for further rapid expansion in 2023. The Finnish-based Cloud-native platform pioneer “has appointed Andy Patton as Chief Commercial Officer (CCO), Jessica Collingwood as Chief… Read More

Klarpay AG Expands Global Payment Capabilities with 13 New Currency Accounts

Klarpay AG marks a “significant” expansion of its international payment offering with the launch of 13 new currency IBAN accounts. This addition “enables digital companies, including online merchants, ad networks, marketplaces, and influencers, to collect and disburse payments in AED, AUD, CAD, DKK, HKD, HUF,… Read More

SEJ Services, DailyPay to Provide Employees with a Critical Financial Wellness Benefit

SEJ Services, which claims to be the most-trusted choice for janitorial and facility services throughout the Southeastern United States, has partnered with DailyPay–the provider of on-demand pay. Through this partnership, SEJ Services adds “an essential financial tool to its existing suite of employee benefits allowing… Read More

Neobank Revolut Announces Ultra, a New “Top-Tier” Membership

Revolut, the global financial super app with 25 million retail customers worldwide, is launching a new “unparalleled” membership plan, Ultra, to customers in the UK and Europe. The new top-tier plan, boasting “exceptional” perks, is “coming in spring 2023.” New and existing customers are encouraged… Read More

Egypt’s Fintech Ecosystem MNT-Halan Attracts $400M in Largest Funding in Egypt and Middle East in Past Year

MNT-Halan, Egypt’s “fastest growing” fintech ecosystem, announced that Chimera Abu Dhabi has invested more than $200 million in equity in exchange for over 20% of the company. In addition, the company claims it is “in advanced stages with leading international investors to raise $60 million… Read More

Fintech Moov Secures $45M via Series B Round

Wade Arnold, founder and CEO at Moov, notes that when it started in Fintech, it wasn’t commonly called Fintech yet. They just called it financial services back then. In that previous life, he spent a lot of time connecting “to processors, and a lot of… Read More

Payments Vital for iGaming Player Acquisition and Retention, Paysafe Research Reveals

Quick and easy payouts trump all other factors for North American and U.K. online sports bettors when selecting a sportsbook, according to the latest All the ways players pay research from payments platform Paysafe (NYSE: PSFE). The report also “reveals the crucial role of the… Read More

Embedded Banking Fintech Treasury Prime Announces $40M in Series C Funding

Treasury Prime, an embedded banking software platform, announced it raised $40 million in Series C funding. The investment round was “led by BAM Elevate with investment from The Banc Funds Company and Invicta as well as continued participation from Series B investors Deciens, QED and… Read More

Strike Expands “Send Globally” to the Philippines, Providing Lightning-Fast Money Transfers

Strike, which claims to be the world’s “leading” digital payments platform built on Bitcoin’s Lightning Network, announced the expansion of its “Send Globally” product to the Philippines. Send Globally now “enables fast, secure, and low-cost money transfers between the U.S. and the Philippines, revolutionizing traditional… Read More

Fintech Paymentology, a Global Issuer-Processor, Welcomes Nadia Benaissa to Leadership Team

Paymentology, which claims to be the “first” global issuer-processor, announces the appointment of Nadia Benaissa as Global Head of Marketing, and member of its leadership team. Nadia is “a seasoned marketing expert with a passion for fintech, bringing with her more than 20 years’ experience… Read More

Traditional Money Management Tools Fall Short of Client Expectations: Report

Personetics, the global leader in financial data-driven customer engagement, released a report titled “Spotlight on North America: Banks and Credit Unions Need to Promote Customers’ Financial Well-Being.” The report, based “on a study conducted by Forrester Consulting on behalf of Personetics, details the opportunities and… Read More

Fintech Firm ViewTrade Reports Steady Growth, Anticipates Continued Momentum in 2023

ViewTrade, the force that powers fintech, announced extensive client growth over the course of 2022 as the firm continues to expand, “now serving financial services firms in 26 countries.” Culminating in the launch of a carrying broker services offering in December, 2022 was a year… Read More

Fintech Engage People to Enable bp Customers to Pay with their Reward Points at the Pump

Engage People, which claims to be the only loyalty network that enables program members to pay with points (PwP) directly at checkout, announced it is partnering with Velocity Logic, a reward technology company, “to allow bp retail consumers to use their loyalty and rewards points… Read More

Fintech Mayfair Cash Account Launches with 4.02% APY, Automated Treasury Management

Mayfair, a Fintech startup backed by Tiger Global and Amity Ventures, is helping companies put “every last idle dollar to work.” Its clients avoid “the price and liquidity risks of financial products typically marketed to businesses, and can take advantage of automated cash management to… Read More

UK Fintech Paysend Remains Focused on Making Financial Services an Enabler to Business Growth

Large enterprises today are facing significant macroeconomic uncertainty across the world, according to an update from Paysend. Alexander Budyakov, Enterprise Business Executive, Paysend, notes that the fallout of the COVID-19 pandemic continues “to disrupt markets and supply chains whilst inflationary pressures and fluctuating currency markets… Read More

Credit Cards Expected to Account for Nearly $10 Trillion in Spend Globally by 2027: Report

Juniper Research defines credit cards as a payment instrument which allows consumers as well as cardholders “to borrow money to pay for products and services, and make deferred payments for their purchases in exchange of monthly interest based on the amount owed.” As noted in… Read More

Fintech Firm Milo Launches Crypto Loans

Milo, a financial technology company that is reimagining the way crypto and global consumers access financial solutions, announced the launch of its new crypto loan product. This launch means that digital asset-holders will now have the opportunity “to use their cryptocurrency as collateral to access… Read More

Girts Straujums: CEO at UK’s WeavePay Says Fintech Platforms Are Still Not Addressing All Customer Needs

We recently caught up with Girts Straujums, CEO of WeavePay, a UK-based payment platform that helps businesses go borderless. Girts Straujums talked about the issues facing Fintech platforms and how certain customer needs are still not being met. Straujums also shared the main reasons why… Read More

Klarna Introduces Money Story, an Overview of Clients’ Spending in 2022

Klarna, which claims to be the global leader in the generational shift away from credit cards,  announced the launch of Money Story in the US Klarna App – “a personal spending summary of 2022 that provides millions of consumers with useful insights into their spending… Read More

UAE’s B2B Fintech Alaan Secures $4.5M via Pre-Series A Round

UAE-based Alaan, the spend management platform for Middle Eastern businesses, announced that it has raised $4.5 million pre-Series A funding, “backed by Presight Capital, Y Combinator, and angel investors.” Together with the $2.5 million seed round last year, Alaan has “raised a total of $7… Read More

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