Tagged: fintech trends

August 18, 2023 @ 11:19 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today published a report showing striking confidence and investment in digital exports, beyond typical trade routes. It finds that a wide cross section of businesses are “planning ambitious expansion into new international markets, from the largest enterprises to… Read More

August 17, 2023 @ 12:55 pm By Omar Faridi  |  

Corserv, a company that empowers banks and fintechs with payment programs, has partnered with Ohio-based Peoples Bank in order “to implement a credit card program to serve their commercial, small business, nonprofit, local municipalities, and consumer customers.” Peoples Bank is “a $8.8 billion full-service relationship… Read More

August 17, 2023 @ 8:41 am By Omar Faridi  |  

Brex, which claims to be the first fully unified global spend platform, today launched group events — an expansion of Brex travel that “enables businesses to create and manage large scale, group corporate events for employees.” With this launch, Brex says it is “the first… Read More

August 17, 2023 @ 8:28 am By Omar Faridi  |  

Klar, S.A. de C.V., the Mexico City-based digital financial services platform, announced that it has secured a $100 million credit facility from Victory Park Capital (VPC), a global alternative investment firm specializing in private credit. The financial support from VPC will aim to “propel Klar… Read More

August 16, 2023 @ 7:00 pm By Omar Faridi  |  

noqodi, a Fintech company has broadened its collaboration with Network International (Network), the enabler of digital commerce across the Middle East and wider MEA region, enabling the company “to expand digital payments acceptance for a wider range of sectors beyond just government and private sector… Read More

August 15, 2023 @ 10:51 pm By Omar Faridi  |  

From today, TSB is taking applications for fintechs to participate in its third annual TSB Innovation Labs Program – “as the bank and Fintech Scotland encourage a new round of fintech collaboration.” Under the program, winning Fintechs will officially partner “with TSB to offer innovative… 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

August 15, 2023 @ 11:59 am By Omar Faridi  |  

From paper to plastic to click – the payments game has evolved substantially as consumer demand for convenience “continues to influence innovation,” according to an update from Banxa. Apple Pay has become “an increasingly popular method to purchase crypto, though many onramps that offer it… Read More

August 14, 2023 @ 8:49 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Loan” to provide consumer microfinance solutions through financial technology. With Loan, there are now six authorized companies “offering consumer microfinance solutions in Saudi Arabia.” This decision reflects SAMA‘s endeavor “to support the finance sector, increase efficiency of financial transactions,… Read More

August 14, 2023 @ 8:43 pm By Omar Faridi  |  

Maybank and Credit Guarantee Corporation Berhad (CGC) announced the launch of the first-of-its-kind direct Application Programming Interface (API) platform for the SME Digital Financing. This integration effects faster CGC guarantee approval process “through real-time approvals, empowering the small and medium enterprises (SMEs) with instant access… Read More

August 13, 2023 @ 9:36 pm By Omar Faridi  |  

Monite, the API-first embedded finance company that helps B2B platforms capitalize on hassle-free finance automation for their clients, recently fortified its commitment to become an industry standard by appointing three Fintech professionals. Dan Osburn, a VP of product pivotal to Marqeta’s growth from a $20M… Read More

August 13, 2023 @ 1:54 pm By Omar Faridi  |  

As part of modernizing its IT landscape and enhancing the customer experience, Handelsbanken Norway has chosen to consolidate on Tietoevry Banking’s wealth management solution. This enables Handelsbanken “to offer financial products, including mutual funds, equities, ETFs and more, through one modern self-service platform for its… Read More

August 12, 2023 @ 4:26 pm By Omar Faridi  |  

Digital investment platform Mnaara has completed a US$500,000 pre-seed round funded by investors from the UK, US, Middle East and Singapore. The investment round will enable Mnaara “to grow its team and continue developing its Shariah-compliant investment solutions catering to the globally underserved mass-affluent market.”… Read More

August 12, 2023 @ 4:20 pm By Omar Faridi  |  

Prontoblock, a digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to enhance the commercial paper market “through the tokenization of these financial instruments.” This partnership will empower MBI clientele “to engage in the purchase… Read More

August 12, 2023 @ 11:18 am By Omar Faridi  |  

TerraPay, a global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), “marking a significant step towards being a payments company with the most regulatory approvals.” With this coveted approval from MAS,… Read More

August 12, 2023 @ 11:13 am By Omar Faridi  |  

Paymentology, the leading global issuer-processor, announces its partnership with DolarApp, the Mexican startup which provides digital dollar accounts to consumers across Latin America. Established in 2021, DolarApp has emerged “as a pioneering force in Latin America by introducing its USD-denominated credit card.” The card grants… Read More

August 12, 2023 @ 11:06 am By Omar Faridi  |  

Dwolla, a provider of payment services, today announced the launch of Dwolla Connect, an innovative API solution designed for mid- to enterprise-sized businesses. This new solution simplifies “the process of replacing legacy, batch-based technology with modern infrastructure, enhancing the management and reconciliation of payments across… Read More

August 11, 2023 @ 11:18 am By Omar Faridi  |  

Brite Payments announced that it has expanded its product coverage with the launch of open banking-powered instant payments and payouts in Denmark. With full product coverage in Sweden and Finland, the addition of Denmark further strengthens the second-generation fintech’s footprint “as it continues its expansion… Read More

August 11, 2023 @ 9:33 am By Omar Faridi  |  

Tranglo is pleased to announce a partnership with TNG Digital Sdn Bhd that allows the Malaysian fintech giant “to expand its cross-border remittance services to millions of customers.” TNG Digital will leverage Tranglo’s network and infrastructure integration “to let its users send money directly from… Read More

August 10, 2023 @ 9:04 pm By Omar Faridi  |  

Xsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration of Crypto.com’s checkout solution into Xsolla’s Pay Station platform. This transformative integration of Crypto.com Pay “represents a significant advancement in the gaming industry and creates new… Read More