Tagged: fintech adoption

Larky’s nudge Added to Finastra’s Fusion Virtual Banking Platform

Larky, a fintech provider proactively connecting financial institutions with their audience in the right place and at the right time, has teamed up with Finastra to “provide enhanced mobile banking solutions for its customers.” Larky’s nudge is now “available on Finastra’s mobile banking platform, enabling… Read More

Fintech Allpay Enhances Financial Inclusion Efforts with Open Banking Technology

UK-headquartered payments Fintech, allpay Limited, have teamed up with Salt Edge, a key player in Open Banking services, to enable businesses to offer customers, including people with vulnerable financial situations, a convenient payment experience, being a part of the larger financial inclusion initiative of the… Read More

SD Worx Teams Up with Fintech Modulr to Support Faster Payments for Workforce

HR and payroll services provider, SD Worx, is committed to making additional investments in people-based Fintech services for its clients by working with Modulr, the embedded payments platform that supports quicker payroll payments. Traditional Bacs payments for payroll usually take around three business days to… Read More

DailyPay Introduces “Shifts Worked” Function In Time For Holiday Seasonal Hiring

Just in time for seasonal holiday hiring, DailyPay, the provider of on-demand pay, announced the launch of a new function within its platform. With hourly shift workers in mind, the new ‘Shifts Worked’ tab “helps users understand how much they’ve earned for each individual shift,… Read More

Southeast Asia’s Pine Labs Announces Pay Later EMIs on Branded Wearables

Merchant commerce omnichannel platform, Pine Labs announced that it has “entered the wearables segment in the consumer electronics category.” Shoppers in India can now “purchase wearable devices of select brands on a Buy Now Pay Later arrangement using Pine Labs’ PoS terminals.” Top brands offering… Read More

Addepar Investor Sentiment Index: Quite Bearish as Number of Investors Trading Below Historical Levels

Wealth management service provider Addepar has highlighted an important evolution for Addepar’s Salesforce integration, announced updates to their analysis tool, shared the latest investor sentiment derived from U.S. equity captured on the Addepar platform, and also provided additional resources for navigating the current market conditions…. Read More

Open Source Bitcoin (BTC) Focused Fintech Initiative Now Live

ZEBEDEE, a Fintech and next-generation payment processor for the gaming industry, announced a new initiative that “contributes open source code and products to the Bitcoin Lightning space.” The new not-for-profit and completely open source initiative “has already resulted in several products and code repositories that… Read More

Fintech Firm Northstar Acquires $24.4M to Make Financial Guidance a “Universal” Benefit

Northstar, the financial wellness benefit for employees, announced it has raised $24.4 million in new funding “led by GGV Capital and joined by new investors PayPal Ventures, Thomson Reuters Ventures, and Canvas Ventures.” Existing investors in the investment round included M13, Workday Ventures, Parade Ventures,… Read More

Fintech Firm TIFIN Launches Magnifi Personal, an AI-enhanced Investing Assistant

TIFIN, the fintech platform known for Magnifi, an investment marketplace, recently announced the launch of their new premium subscription Magnifi Personal, aimed at “helping investors without enough time or knowledge to build and grow their portfolios with intelligence.” New and existing Magnifi investors can now… Read More

Fintech Firm NorthOne Announces $67M Series B Round

NorthOne recently announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne claims it is poised “to further expand the reach of its business banking and financial management platform across all sectors of the small business community.”… Read More

MENA Region’s FlapKap Finalizes $3.6M Seed Round

FlapKap, a tech-enabled revenue-based financing platform in the Mena region, “revolutionizing” e-commerce growth, announced the close of its $3.6 million Seed round. The investment round “included participation from Bolt by QED, Nclude, Outliers, and A15.” This latest capital injection “comes six months after the company’s… Read More

UK Fintech GoHenry Secures $55M for European Expansion

GoHenry, the UK-headquartered provider of a pre-paid debit card and financial education app for kids, has secured $55 million in capital in order to fund its move into new markets. GoHenry has raised growth capital on a crowdfunding platform, pursuing multiple funding rounds on Crowdcube,… Read More

UK Fintech Modulr Announces Membership of Digital Pound Foundation Steering Committee

The Digital Pound Foundation is pleased to announce the addition of Modulr to the Digital Pound Foundation’s membership community. Since its inception in 2016, Modulr has “grown to become the leading provider of embedded payments to businesses across the UK and Europe.” Authorized by the… Read More

OneConnect Financial Technology Launches Middle East Operations in Abu Dhabi Global Market

OneConnect Financial Technology Co., Ltd, a Technology-as-a-Service provider for financial institutions, announced the official launch of its regional operations in Abu Dhabi Global Market (ADGM), the international financial center of the capital of the UAE. OneConnect’s addition to the ADGM family will “further support the… Read More

TrueML, which Leverages Machine Learning to Enhance Debt Collection, Acquires ERC Recovery Business

One True Holding Company d/b/a/ TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication including in the debt collection space, recently announced it has “acquired the debt collection business of Enhanced Recovery Company, LLC (ERC), a collections provider.” The… Read More

Fintech Firm Payable Raises $6.1M to Modernize Business Payments

The team at Payable reveals that they’ve raised $6.1 million in order to build a payment operations platform so companies “stop using EBICs, bank files and spreadsheets to move and reconcile money.” With Payable, you can “connect your banks and automate payments from initiation to… Read More

BNP Paribas to Acquire Kantox, a Fintech for Automation of Currency Risk Management

BNP Paribas (EPA: BNP) is pleased to announce the signature of an agreement for the acquisition of Kantox, a Fintech for the automation of currency risk management. FT Partners advised Kantox on its sale to BNP Paribas. Kantox’s software solution has “managed to successfully re-bundle the… Read More

UK’s MarketFinance Secures £30M Credit Facility to Expand B2B Pay Later Offering for SMEs

MarketFinance, which claims to be one of the leading fintech credit and payments companies, has secured a £30 million credit facility from Viola, the Israeli technology investment group, in order “to expand its B2B Pay Later embedded finance offering for SMEs.” Available in Sterling, US… Read More

Netbank, Zetl Announce Lending Partnership in the Philippines

Zetl and Netbank, (a Rural Bank), inc. have partnered in order “to provide an innovative approach to SME financing in the Philippines.” Under this partnership, Zetl will “identify ‘asset light’ SMEs with a regular and guaranteed income stream, seeking funding.” Netbank will “provide loans to… Read More

UAE-based Fintech Firm Mamo Obtains Regulatory Approval in DIFC

Mamo, a UAE-based FinTech and financial services platform for SMEs, has been granted regulatory approval “to operate from Dubai International Financial Centre (DIFC), the global financial center  in the MENA and Asia region.” The license has been “granted by the Dubai Financial Services Authority (DFSA),… Read More

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