Tagged: fintech trends

November 4, 2023 @ 1:16 pm By Omar Faridi  |  

Spendology,  a Fintech licensing a digital-first SaaS-based travel money platform to retailers worldwide, has raised 117% (£351,210) of its £300,000 target (at the time of writing) through its crowdfunding campaign, carried out via Seedrs, with contributions from 199 investors. Located in London, Spendology operates in the… Read More

November 4, 2023 @ 10:47 am By Omar Faridi  |  

Retail workers are able to avoid “financially crippling” fees associated with payday loans and late penalties, while amassing less credit card debt when they have access to the financial wellness benefit of DailyPay, according to an update shared by the Fintech firm. The research follows… Read More

November 3, 2023 @ 3:04 pm By Omar Faridi  |  

Banxa’s latest integration represents a major step in our mission to foster economic innovation. One of the fundamental aspects of blockchain is its ability “to bring tangible solutions to real-world problems.” The powerful Stellar blockchain network “offers the tools to make a difference through products… Read More

November 3, 2023 @ 2:21 pm By Omar Faridi  |  

Americans are shopping earlier than ever before and leveraging flexible payments to manage their expenses during the holiday season according to newly released research from leading financial services company Zip Co (ASX: ZIP). The survey of more than 3,000 U.S. adults revealed “that 57% of… Read More

November 2, 2023 @ 12:54 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, released new data revealing shoppers’ priorities this holiday season. While consumers face continued economic uncertainty, the survey of 2,000 gen pop Americans revealed “they are still planning to spend: 3 in… Read More

November 2, 2023 @ 12:00 pm By Omar Faridi  |  

Global spend management platform, Payhawk announces that it has become a principal member of Visa. The membership supports Payhawk’s mission “to simplify business payments, by accelerating new product innovation.” The membership also “supports greater service reliability and resilience for Payhawk customers.” Payhawk’s platform provides businesses… Read More

November 2, 2023 @ 11:20 am By Omar Faridi  |  

Mastercard’s (NYSE: MA) new borderless payments report reveals consumers globally are setting up side hustles and considering working or living abroad, prompting the acceleration of cross-border payments. Small businesses are also increasingly “reliant on international payment networks with three in five sourcing more suppliers internationally… Read More

November 2, 2023 @ 10:32 am By Omar Faridi  |  

Digital bank Revolut has reportedly appointed Francesca Carlesi as CEO of its UK operations, the Fintech company confirmed in a statement issued on Thursday. This new leadership announcement for Revolut should help the firm become a “global financial super-app.” Revolut, which is among the United… Read More

November 1, 2023 @ 10:19 pm By Omar Faridi  |  

Paymentology, a global issuer-processor, today announces it is the first issuer processor in Europe to secure Visa Cloud Connect (VCC) certification from Visa, a digital payments provider. Paymentology claims that it is “at the forefront of innovation in the fintech and banking sector, providing a… Read More

November 1, 2023 @ 1:36 pm By Omar Faridi  |  

Charlie, the new “standard” for 62+ banking services, announced it has raised a $23M Series A with TTV Capital serving as the lead investor. FPV also participated in the investment round “as well as other seed investors including Better Tomorrow Ventures.” The capital is a… Read More

November 1, 2023 @ 9:26 am By Omar Faridi  |  

Revolut, the financial super app with more than 35 million customers worldwide introduces Trading Pro — a powerful set of tools and insights for advanced traders designed to enhance their trading experience. The new subscription across the EEA is “provided by Revolut Securities Europe UAB… Read More

October 31, 2023 @ 11:56 pm By Omar Faridi  |  

Fave, a consumer fintech platform in Southeast Asia and India, has announced its participation in the SGQR+ POC led by the Monetary Authority of Singapore (MAS). The SGQR+ POC will be limited “to Districts 16 and 17 of Singapore and showcased during the Singapore FinTech… Read More

October 31, 2023 @ 5:16 pm By Omar Faridi  |  

Featurespace, the enterprise grade technology that prevents fraud and financial crime, has launched TallierLTM– the Large Transaction Model (LTM). TallierLTM, a foundation AI technology for the payment and financial services industry, “is a large-scale, self-supervised, pre-trained model designed to power the next generation of AI… Read More

October 31, 2023 @ 1:57 pm By Omar Faridi  |  

Nubank (NYSE:NU) has surpassed 90 million customers in Latin America in its operations in Brazil, Colombia, and Mexico, consolidating its position as one of the fastest-growing financial services companies in the world. David Vélez, Nubank’s founder and CEO, at an event for the press and… Read More

October 30, 2023 @ 1:48 pm By Omar Faridi  |  

DriveWealth was created to allow every investor in the world to benefit from access to investment opportunities—whether they have $10 or $10 million. Following the announcement of DriveWealth‘s Options launch, they are pleased to reveal that they’ve added more offerings: Fixed Income and Global Mutual… Read More

October 30, 2023 @ 10:46 am By Omar Faridi  |  

Revolut, the financial super app with over 35 million customers globally, has been officially certified as a Great Place to Work. Following participation in a certified study, “based on the strength of its employee experience, Revolut has been recognised as a Great Place to Work… Read More

October 29, 2023 @ 11:18 pm By Omar Faridi  |  

TodayPay Inc. emerged from stealth mode to unveil the world’s first faster payment technology solution helping merchants “offer their customers instant refunds in multiple payment choices.” TodayPay is a technology company supporting a new category in payments “called Refunds as a Service™ – an entire… Read More

October 29, 2023 @ 8:26 pm By Omar Faridi  |  

Derivative Path, a provider of capital markets technology and derivatives services to financial institutions and commercial end-users, names fintech product specialist, Kristin Kelly as Chief Product Officer in order “to lead the company’s product development strategy and appoints its cofounder, Frank Purnell, to the prestigious… Read More

October 29, 2023 @ 5:56 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a new partnership and technology integration with Kredit Financial, a digital debt resolution platform and network. The collaboration enables collection agencies, debt buyers and collection law firms “that use Kredit’s technology platform to… Read More

October 29, 2023 @ 3:12 pm By Omar Faridi  |  

Remote working Fintech Deel reveals that the month of October brought “a whole new crop of fresh integrations to help automate workflows and streamline processes.” As noted in a blog post by Deel, a new bundle of integrations arrived in October. This month, they’re highlighting… Read More