Tagged: fintech trends

September 28, 2023 @ 10:08 pm By Omar Faridi  |  

Rapyd, a global fintech firm, announced the expansion of its card acquiring solution to Singapore. This solution, when combined with Rapyd’s core Fintech as a Service platform, equips local businesses with the tools “to elevate their market presence locally and extend their global reach to… Read More

September 27, 2023 @ 11:01 pm By Omar Faridi  |  

SME Finance, the Fintech reinventing growth financing for small- and medium-sized enterprises, and Okredo, the open data platform for risk assessment and business growth, have partnered to launch the risk-based credit pre-offer in the Baltic region. The solution streamlines and simplifies business financing processes “by… Read More

September 27, 2023 @ 4:49 pm By Omar Faridi  |  

We recently sat down with Vishal Kapoor, Head of Product at Affirm (NASDAQ: AFRM), a payment network that helps millions of consumers spend and save “responsibly” and empowers hundreds of thousands of businesses with the tools to fuel growth. In his role, Vishal leads the… Read More

September 27, 2023 @ 2:05 pm By Omar Faridi  |  

Neo, the cross-border payments fintech, has announced it has cleared more than €10 billion through its corporate multi-currency accounts since launch in 2020. The firm which provides a one-stop-shop account for corporate treasurers has seen its cleared volume double “in just under a year, reaching… Read More

September 27, 2023 @ 2:01 pm By Omar Faridi  |  

Paymentology, the global issuer-processor, announces its partnership with Tuily, the Colombian fintech that improves expense management for small and medium-sized enterprises (SMBs) which has now enabled Apple Pay for its business customers. Launched in 2023, Tuily stands as a Colombian Fintech company “with a commitment… Read More

September 27, 2023 @ 11:59 am By Omar Faridi  |  

Traydstream, a fintech company at the nexus of digitizing and automating the trade finance industry, announced the successful completion of its $21 Million Series B financing round. Led by Pivot Investment Partners, a U.S.-based fintech investment firm, and e& capital, the investment arm of e&,… Read More

September 27, 2023 @ 4:55 am By Omar Faridi  |  

Vestwell, the employer and individual savings platform, announced New Jersey has selected the company as its program administrator for the Secure Choice Savings Program. The partnership will provide New Jersey residents access “to modern retirement plans through their employers and marks Vestwell’s seventh state-facilitated retirement… Read More

September 26, 2023 @ 10:52 pm By Omar Faridi  |  

PhonePe announced the launch of the Indus Appstore Developer Platform. With this launch, Indus Appstore is inviting all Android app developers to register and upload their apps using the self-serve developer platform. These apps will be listed on the soon to be launched “Made-in-India” Indus… Read More

September 25, 2023 @ 3:35 pm By Omar Faridi  |  

Every company that moves money is keeping a close eye on FedNow, the team at Plaid notes in a blog post. Plaid explains that firms expect instant payments for every use case, but the reality is “that the market isn’t quite there yet.” However, there… Read More

September 25, 2023 @ 2:43 pm By Omar Faridi  |  

DailyPay, a Fintech focused on earned wage access, and a member of Oracle Partner Network (OPN), announced it is available on Oracle Cloud Marketplace and can be integrated with Oracle Fusion Cloud Human Capital Management (HCM). Oracle Cloud Marketplace is described as “a centralized repository… Read More

September 25, 2023 @ 1:37 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, added new features to its optimized checkout suite to help users increase their revenue by making it easier for their customers to complete a purchase. The optimized checkout suite consolidates years of Stripe research into “a set of… Read More

September 25, 2023 @ 10:09 am By Omar Faridi  |  

Eurazeo, a global investment company with a diversified portfolio of €35 billion in assets under management, and iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, have announced a partnership to increase Wealth Managers’ access to Eurazeo’s broad range… Read More

September 25, 2023 @ 9:12 am By Omar Faridi  |  

Digital bank Monzo notes that gambling charity GamCare has revealed that more people are reaching out for support with problem gambling this year than ever before. Back in June 2018 Monzo claims that it “became the first bank to let you block gambling spending from… Read More

September 24, 2023 @ 10:21 pm By Omar Faridi  |  

Starling Bank is raising the interest rate on its 1-Year Fixed Saver from 5.25% to 5.53% AER/Gross. Effective from Thursday 21 September 2023, Starling Bank customers “choosing the Fixed Saver will receive a return of 5.53% on balances of £2,000 – £1 million locked in… Read More

September 24, 2023 @ 10:02 pm By Omar Faridi  |  

Payhawk, the global spend management platform, announces ‘Payhawk Green’, the new platform features to help companies make more sustainable decisions related to company spending. The features are “available to all customers at no additional cost.” Payhawk Green will help companies make more sustainable decisions related… Read More

September 24, 2023 @ 8:11 pm By Omar Faridi  |  

In order to support innovation, financial inclusion as well as the emerging digital financial services ecosystem, the State Bank of Pakistan (SBP) has reportedly issued In-Principle Approvals for launching five digital retail-focused banking platforms. Pakistan’s newly approved online banks reportedly include HugoBank, KT Bank Pakistan… Read More

September 23, 2023 @ 7:22 pm By Omar Faridi  |  

Tred, which aims to build one of the UK’s green banking platforms, has secured 114% (£171,707.44) of its £150,000 target from 428 investors with 3 days left in the firm’s crowdfunding campaign, carried out via Crowdcube. Tred explains that they are B Corp pending as well… Read More

September 23, 2023 @ 6:12 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, has just completed one year of its adherence to Open Finance (a system that allows customer data sharing among financial institutions with consent) and is “positively impacting its customers’ financial… Read More

September 22, 2023 @ 11:04 am By Omar Faridi  |  

BMO is partnering with DailyPay to provide earned wage access to employees of BMO’s commercial clients, providing real-time access to their wages as they earn them with the funds deposited in their direct-deposit account and available to them for immediate use. Andrew Harrison, Head of… Read More

September 22, 2023 @ 6:01 am By Omar Faridi  |  

Curve, the financial super app that connects all your existing credit and debit cards to one single card and app, announced that it has raised an additional £58 million extension of its Series C round, bringing its Series C funding total to over £133 million…. Read More