Tagged: fintech adoption

June 14, 2023 @ 11:57 am By Omar Faridi  |  

MACH Alliance, a group of independent tech companies dedicated to advocating for open, best-of-breed technology ecosystems, announced that Stripe has joined the Alliance. Stripe, which builds economic infrastructure for the internet, is “used by many of the world’s leading enterprises from Amazon to BigCommerce, Ford,… Read More

June 14, 2023 @ 9:06 am By Omar Faridi  |  

Qorbis, an innovator in end-to-end embedded finance and Fintech personalization, announces its partnership with Banking-as-a-Service (BaaS) provider, Mbanq, “to create a unique financial control and brand enhancement platform for clients.” Already live at the alpha-testing stage, the solution is unique in its flexibility for brands:… Read More

June 14, 2023 @ 8:58 am By Omar Faridi  |  

BoomFi, a next-generation payments company, has announced an oversubscribed seed funding round of $3.8 million led by White Star Capital. The team will use the capital from the investment round “to transform crypto and digital currency payments for web3. SaaS, eCommerce, creators, marketplaces and traditional… Read More

June 13, 2023 @ 10:29 pm By Omar Faridi  |  

Paysend, the global card-to-card transfer pioneer and global payments platform, has appointed ex Ernst & Young auditor and American Express executive, Yuri Biondo as Chief Financial Officer for the Group’s US business. Based in Miami, he will “report directly to the Group CFO, Wilhelm Rohde,… Read More

June 13, 2023 @ 10:14 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has launched the 8th edition of the Global Fintech Hackcelerator, titled “Artificial Intelligence (AI) in Finance Global Challenge”, in order to “produce innovative and market-ready AI solutions that can transform the financial services industry.” The competition is “conducted in… Read More

June 13, 2023 @ 2:28 pm By Omar Faridi  |  

American Express (NYSE: AXP) a new partnership with Request to Pay focused fintech startup, Bluechain in order “to help streamline the supplier payment process for small and medium sized enterprises (SMEs).” Invoice management can “be resource intensive for small business owners, especially when using multiple… Read More

June 13, 2023 @ 12:04 pm By Omar Faridi  |  

United State Bank has partnered with digital banking provider, Bankjoy in order “to deliver a world-class online and mobile banking experience for its account holders.” Founded in 1922 and based in Lewistown, Mo., United State Bank “serves the financial needs of retail customers and commercial… Read More

June 13, 2023 @ 8:53 am By Omar Faridi  |  

XMDS Holding, a European software company active in the field of fintech and faretech, has acquired KUARIO, the Dutch based self-service payment provider to complement its portfolio of mobile payments solutions, playing into the increasing use of self-service kiosks. Since its establishment in 1998, XMDS… Read More

June 13, 2023 @ 8:51 am By Omar Faridi  |  

DJUST, a B2B eCommerce SaaS platform created by ex-founding member of Mirakl, Arnaud Rihiant, announced that it has raised €12M in a Series A growth funding round to accelerate market expansion. The investment round was “led by New Enterprise Associates, Inc. (NEA), with additional participation… Read More

June 13, 2023 @ 8:50 am By Omar Faridi  |  

Allica Bank claims it is one of the fastest UK fintechs to hit profitability – “becoming monthly profitable in June 2022, less than three years after securing a banking licence – and achieving a £3m pre-tax profit in the second half of the year.” Allica… Read More

June 12, 2023 @ 10:15 pm By Omar Faridi  |  

Lunar opens up infrastructure to enable instant payments in the Nordics. Strong demand from both national and international payment players “drives Lunar to open up its Nordic payment infrastructure to partners.” Starting August 1st Swedish Fintech Trustly will be the first partner “to tap into… Read More

June 12, 2023 @ 6:57 pm By Omar Faridi  |  

AMNIS Treasury Services AG (amnis), a Fintech company founded in 2014 with the objective of simplifying international banking for SMEs, has recently acquired the SME portfolio of FX-Consulting AG. With this strategic move, the two Zurich-based companies aim “to enhance their support for Swiss SMEs… Read More

June 12, 2023 @ 8:44 am By Omar Faridi  |  

AMLYZE, a RegTech company specializing in anti-financial crime solutions for FinTechs, neo-banks and crypto businesses, is pleased “to announce its strategic collaboration with Salt Edge, a leading open banking platform.” This commercial partnership “aims to enhance AMLYZE and Salt Edge’s client offering by leveraging both… Read More

June 11, 2023 @ 7:03 pm By Omar Faridi  |  

Shares, Europe’s community-powered investment app, chooses Upvest, the Berlin-based infrastructure fintech, “to expand its investment product offering and geographical presence.” Following its successful launch and rapid growth in the UK, Shares will “bring its social investment experience to the European stage through Upvest’s Investment-API.” For… Read More

June 11, 2023 @ 6:54 pm By Omar Faridi  |  

Tonik recently revealed that it’s pleased to announce that they have successfully “onboarded over 1 million users since they launched in March 2021.” According to Tonik, this is such a momentous occasion for them “because it is solid proof of our significant contribution to improving… Read More

June 11, 2023 @ 6:41 pm By Omar Faridi  |  

EasySend and Imburse, a DuckCreek company, are pleased to announce their strategic partnership aimed at revolutionizing the end-to-end digital payment process. EasySend is “a no-code platform that empowers organizations to transform complex forms, customer data intake, and signature collection processes into easy digital experiences, and… Read More

June 11, 2023 @ 6:38 pm By Omar Faridi  |  

nocnoc, the facilitator of cross-border eCommerce between global sellers and Latin America, today announced that it has secured $14 million in Series A funding, “led by PayPal Ventures with participation from Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia.” The funding from the investment… Read More

June 11, 2023 @ 12:03 pm By Omar Faridi  |  

Netbank, the banking as a service platform, has launched a service that allows international remittance companies to facilitate overseas remittances into the Philippines. The market for Philippine Peso remittances “is huge since there is a large number of Filipino migrant workers all around the globe.”… Read More

June 10, 2023 @ 5:44 pm By Omar Faridi  |  

Shape Technologies has reportedly introduced its payments-platform-as-a-service (PPaaS) provider, developed to support merchant-facing interfaces. The customizable PPaaS platform offers services for various payments-focused business, such as acquirers, payment facilitators, payment gateways, independent sales organizations as well as other businesses. Shape’s PPaaS’ modular architecture enables its… Read More

June 10, 2023 @ 4:36 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and NAPS, a Moroccan fintech company, have announced a collaboration to develop various payment solutions for individuals as well as business organizations. The new partnership aims to consolidate the solid historical relationship between the two entities. NAPS says it is on a… Read More