Tagged: fintech adoption

April 18, 2022 @ 10:47 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE and mobile gaming studio Fumb Games recently announced the release of Bitcoin Miner, which is “an idle mobile game that pays players real Bitcoin for managing a simulated crypto mining business.” The game represents “an interesting fusion of gaming and Fintech, as… Read More

April 18, 2022 @ 8:01 pm By Omar Faridi  |  

Tech sometimes moves at “a dizzying pace.” When it comes to innovation in financial activities, often referred to as Fintech, the world is “seeing major advances,” according to an update from the IMF. For banks, Fintech “disrupts” core financial services and “pushes them to innovate… Read More

April 17, 2022 @ 12:12 pm By Omar Faridi  |  

  Deserve, a Fintech transforming credit cards into software that “lives on mobile and in the cloud,” recently announced that it is improving the commercial credit card category by offering the platform that “empowers banks and B2B companies to launch corporate credit and charge cards.”… Read More

April 16, 2022 @ 11:51 am By Omar Faridi  |  

Gemini, a digital currency platform to buy, sell, earn, and store crypto, recently announced that the Gemini Credit CardTM is now available “in all 50 U.S. states.” Cardholders can “earn up to 3% crypto back on dining+, 2% crypto back on groceries, and 1% crypto… Read More

April 14, 2022 @ 4:14 pm By Omar Faridi  |  

BNP Paribas (EPA: BNP) has reportedly made its first investment in a Fintech VC fund managed by Anthemis. The investment is being made via the French banking institution’s Global Markets Strategic Investments division, which actively invests in high-growth Fintech firms. It further solidifies the existing… Read More

April 14, 2022 @ 2:35 pm By Omar Faridi  |  

Brex, the firm that’s focused on reimagining finance for growing businesses, announced Brex Empower, a new software platform designed “to increase the speed of businesses by enabling a culture of trust and financial discipline.” Empower will serve as the foundation for all Brex products “moving… Read More

April 14, 2022 @ 8:49 am By Omar Faridi  |  

Nubank (NYSE: NU), one of the largest digital financial services platforms globally, recently announced that it strengthened its international operations by obtaining a credit line of $650 million, which will be “invested in the Mexican and Colombian markets, where the company operates under the name… Read More

April 14, 2022 @ 7:38 am By Omar Faridi  |  

Upvest, the Berlin-based infrastructure Fintech, has expanded its management team and appointed Markus Maier as the new Chief Operating Officer. Maier has previously “worked at UBS and Deutsche Bank and brings more than 25 years of management experience in the securities services and derivatives business.”… Read More

April 13, 2022 @ 5:46 am By Omar Faridi  |  

Paymob, MENA region’s virtual payments provider, has announced its formal market entry, and “start of operations, in Pakistan.” Paymob’s expansion into Pakistan follows its steady growth in its home market of Egypt, plus Jordan and other world regions where – combined – it “services tens… Read More

April 12, 2022 @ 4:19 pm By Omar Faridi  |  

St. Petersburg’s fast-evolving Fintech sector continues to expand as Tampa Bay Wave and the University of South Florida have confirmed the inaugural cohort of startups for its Fintech|X Accelerator program. Announced on April 11, 2022, the accelerator’s first cohort includes 16 Fintechs from across the… Read More

April 11, 2022 @ 11:32 pm By Omar Faridi  |  

Following a year-long pilot that has seen over £43 million awarded to innovation in the water sector, Ofwat – the water regulator for England and Wales – is “launching a consultation to seek views about how to continue this momentum.” The £200m Water Innovation Fund… Read More

April 11, 2022 @ 10:47 pm By Omar Faridi  |  

Ellevest, the financial company built by women for women, recently announced a $53 million Series B round. The Fintech firm’s investment round was “co-led by BMO and Contour Venture Partners.” It included investments from several new women-led investors, “including Halogen Ventures, Cleo Capital, New York… Read More

April 10, 2022 @ 10:42 pm By Omar Faridi  |  

imagin, the digital services and lifestyle platform backed by CaixaBank, will be entering the Metaverse in the coming days “by way of imaginLAND.” The project will “enable the platform to launch and run initiatives in the virtual reality universe and will be available to its… Read More

April 9, 2022 @ 8:38 pm By Omar Faridi  |  

An aggressive recruitment market may hinder startups operating in Scotland’s fast-growing Fintech industry, according to Fintech sector professionals (from Origo). Supported by a £300 million UK Government investment this past August, Edinburgh’s Fintech sector consists of various financial services innovators, however, newcomers seeking out new… Read More

April 9, 2022 @ 11:28 am By Omar Faridi  |  

We recently connected with Len Covello, the CTO at Engage People, the loyalty network that enables program members to pay with points (PwP) directly at checkout. Covello talked about the ongoing growth of the loyalty rewards landscape and the opportunity for retailers and financial institutions…. Read More

April 7, 2022 @ 8:48 pm By Omar Faridi  |  

WeLab, a pan-Asian fintech platform, announced the appointment of Bruno Lee as Advisor. Bruno held various management positions “in various large-scale multinational banks and financial institutions, in which he led the development of wealth management and asset management businesses across Asia.” With his extensive experience… Read More

April 7, 2022 @ 12:22 pm By Omar Faridi  |  

Tippy, the salon and spa digital tipping platform, has announced that it has embedded workforce payments platform Branch to launch “a new, all-in-one solution for acquiring and disbursing cashless tips.” Tippy and Branch’s integrated solution “optimizes the entire tipping experience, from the customer’s wallet to… Read More

April 7, 2022 @ 7:17 am By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service that helps consumers “save time and money, be informed and in control,” revealed the new “Klarna-fied” brand identity of Stocard, which is one of the leading mobile wallet providers that “enables consumers to gather all of… Read More

April 6, 2022 @ 10:34 pm By Omar Faridi  |  

Fintech firm Gaviti helps companies recoup outstanding receivables via their automated platform. Last year, their customers recovered $6.2 billion in A/R Receivables “by streamlining an otherwise tedious process,” according to Yan Lazarev, Co-founder & CEO of Gaviti. Gaviti, an automation system developed to assist firms… Read More

April 5, 2022 @ 1:16 am By Omar Faridi  |  

Qolo, the omnichannel payments platform for Fintech, recently announced a strategic partnership agreement with MX, a key player in open finance. Qolo and MX offer “fast-track” solutions to “help businesses, particularly neobanks and fintechs, stand up a core mobile banking experience.” This allows them to… Read More