Tagged: fintech app

November 27, 2023 @ 5:05 pm By Omar Faridi  |  

It’s not just Millennials and Gen Z with do-it-yourself brokerage accounts “driving the trend toward increased use of digital wealth management tools; the digital channel has become central to the client experience for all types of investors, with mobile apps leading the way.” According to… Read More

August 30, 2023 @ 8:08 pm By Omar Faridi  |  

Tabby, the MENA’s leading shopping and financial services app, has announced the arrival of Tabby Shop, its new all-encompassing shopping tool, “marking the most significant change on the Tabby app since its launch.” The new app is a one-stop-shop “showcasing over 500,000 products from thousands… Read More

August 15, 2023 @ 8:50 pm By Omar Faridi  |  

iWallet, a fintech startup, developed a payment app for businesses and is one of the first processing apps to integrate FedNow, the newest, real-time mobile check deposit technology by the end of 2023. The real-time mobile check deposit “provides businesses instant payments and peace of… Read More

July 25, 2023 @ 11:54 am By Omar Faridi  |  

Pebble Finance, a registered investment advisor, introduces an innovative app designed for digital natives that helps address the investing challenges faced by individuals who are often overlooked due to their limited financial resources. Whether driven by personal values or the desire to capitalize on emerging… Read More

July 23, 2023 @ 11:35 pm By Omar Faridi  |  

Flash, Egypt’s cashless payments app, completed a $6 million seed round led by Addition along with participation from Flourish Ventures and other angel investors. This funding from the investment round will be used “to accelerate the startup’s product development and customer & business acquisition in… Read More

July 8, 2023 @ 3:23 pm By Omar Faridi  |  

Apple has reportedly removed several malicous lending apps targeting unsuspecting users in India. The apps had allegedly used unethical methods in order to collect repayments, like threatening to send deepfake nudes to the borrowers’ personal contacts. In the last week, Apple (NASDAQ:AAPL) has removed various… Read More

June 19, 2023 @ 11:24 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks “a significant stride in Mastercard‘s ongoing commitment to advancing digitalization in the payments landscape throughout the… 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 8, 2023 @ 8:37 am By Omar Faridi  |  

After more than a decade of significant investment in mobile apps and websites, many U.S. banks and credit card providers have mastered the basics of digital transaction management and are now turning their attention to more advanced “super tools.” According to a series of recent… Read More

May 29, 2023 @ 5:35 pm By Omar Faridi  |  

UOB Malaysia announced the launch of its refreshed mobile banking app, UOB TMRW. The all-in-one app, “powered by leading technologies including data analytics, artificial intelligence (AI) and machine learning models, underscores the Bank’s commitment to provide customers with a simpler, smarter and more personalized banking… Read More

May 23, 2023 @ 6:21 am By Omar Faridi  |  

Frost, the “innovative” personal finance app, has announced the expansion of its automated provider switching tool ‘Save Assist’ to include broadband switching services. The announcement comes in response “to the recent 17.3% broadband price hike in April, as reported by Money Saving Expert, leaving consumers… Read More

April 28, 2023 @ 3:30 pm By Omar Faridi  |  

InvestCloud, the global firm focused on digital transformation for the financial industry with over $6 trillion in assets, has been selected by BUNKER, a US-based fintech seeking to democratize access to the US markets for Latin Americans, “to help launch a pioneering mobile-first digital investment… Read More

April 26, 2023 @ 8:32 am By Omar Faridi  |  

Super.com, the savings super app company, announces its Series C fundraising round, which closed at $85M, “led by Inovia Capital, significantly increasing the valuation of the company since its March 2021 Series B raise.” Super.com CEO Hussein Fazal said: “Super.com’s diversified business model now drives… Read More

April 24, 2023 @ 11:49 am By Omar Faridi  |  

Open finance firm Brankas has announced a new integration that will allow MPT DriveHub app users in the Philippines to reload using their active Philippine bank accounts. MPT DriveHub users can now “choose from a wider range of reloading options as they top up their… Read More

April 9, 2023 @ 11:28 pm By Omar Faridi  |  

Loop is designed to enhance the UK’s informal money sharing market and “offers consumers a genuine alternative to the UK’s £10bn overdraft market.” As noted in a blog post, Tandem Bank is strengthening its strategy “to build the UK’s greener, digital bank with the acquisition… Read More

April 6, 2023 @ 11:17 am By Omar Faridi  |  

CoinTrade, an app-based trading platform, cryptocurrency exchange and staking services provider owned by Mercury Co., Ltd, has announced its integration with Fireblocks, a platform to create innovative products on the blockchain and manage day-to-day crypto operations. Whilst the digital assets industry has evolved rapidly over… Read More

March 21, 2023 @ 9:21 pm By Omar Faridi  |  

Western Union (NYSE:WU) and MoMo announced a strategic collaboration “enabling customers to receive Western Union money transfers on the MoMo app.” It is reportedly the “first” time a money transfer operator’s services “have become available on a leading super app in Vietnam.” Key insights from… Read More

March 4, 2023 @ 11:02 am By Omar Faridi  |  

Buddy, which claims to be one of the most popular budgeting apps in the world for Gen Zers and young people, has partnered with Klarna Kosma, Klarna Kosma, Klarna’s financial technology platform for banks, fintechs and innovative retailers, “to allow Buddy users to connect their… Read More

November 1, 2022 @ 2:17 pm By Omar Faridi  |  

Kenanga Investment Bank Berhad has entered into an agreement with AntChain Technology Pte. Ltd., part of the Ant Group, “to build Malaysia’s first wealth SuperApp using AntChain’s proprietary mobile platform solution.” This agreement “follows from its recent MoU with AntChain.” Kenanga’s SuperApp aims “to help Malaysians… Read More

October 31, 2022 @ 9:07 am By Omar Faridi  |  

Collctiv, a group payment app that allows friends, families, businesses, charities, and community groups to collect money together, has launched operations in the US. Due to steady demand, an “eager” waiting list of users in the US who have previously watched on from afar, will… Read More