Tagged: fintech trends

July 24, 2024 @ 11:00 am By Omar Faridi  |  

  We recently connected with Kelvin Tan, CEO of audax, a corporate venture backed by Standard Chartered Bank. Before transitioning to a full-time career as an entrepreneur, Kelvin held multiple roles at Standard Chartered Bank — from Transaction Banking to Retail Products and Payments to… Read More

July 21, 2024 @ 8:20 pm By Omar Faridi  |  

Blockbuster deals to Stripe and AlphaSense buoy an otherwise flat quarter for the Fintech sector, according to an extensive update from CBInsights. On the surface, Q2’24 was a return “to growth for fintech, with funding increasing 19% quarter-over-quarter (QoQ) to $8.9B,” the CBInsights report revealed…. Read More

July 7, 2024 @ 4:58 pm By Omar Faridi  |  

Nik Storonsky, the CEO of Revolut, has spent the last ten years focused on disrupting the traditional banking / financial services sector with various innovations. The Fintech billionaire and ex- Lehman Brothers trader is now looking to enhance the existing venture capital space. Storonsky has… Read More

June 26, 2024 @ 8:35 am By Omar Faridi  |  

We recently connected with Venu Appana from global Fintech Finastra, who helped us learn more about embedded lending services. Venu talked about the various concerns about BNPL products. He also helped us gain a better understanding of the overall Fintech industry trends and the current state… Read More

June 24, 2024 @ 3:14 pm By Omar Faridi  |  

Pyypl (pronounced “People”) – a fintech company in the MEA region, has announced its Principal License Membership and strategic framework agreement with Visa (NYSE: V). The partnership with Visa is said to be a testament to Pyypl’s mission “to democratize access to financial services, its… Read More

May 27, 2024 @ 10:00 pm By Omar Faridi  |  

The Philippines e-commerce market is growing at a fast pace and is expected to surge by 19.6% in 2024, driven by growing consumer preference for online shopping and strong internet penetration, finds GlobalData, a data and analytics company. GlobalData’s E-Commerce Analytics reveals that Philippine e-commerce… Read More

May 25, 2024 @ 10:36 am By Omar Faridi  |  

Scalapay, the Buy Now, Pay Later (BNPL) platform in Southern Europe, and Adyen (AMS: ADYEN), the financial technology platform chosen by companies globally, announce the launch of a strategic partnership that opens up to new opportunities in the payments landscape. This collaboration will see Adyen “process… Read More

May 22, 2024 @ 10:54 am By Omar Faridi  |  

Aeropay, a provider of Pay-By-Bank solutions for businesses, today announced $20 million in Series B financing. Los Angeles-based fintech venture capital firm Group 11 led the round “with participation from Chicago Ventures and Continental Investment Partners.” The investment round comes at a time when Aeropay… Read More

May 21, 2024 @ 10:22 pm By Omar Faridi  |  

C2FO announced the launch of C2treds, the global fintech’s first national platform that expands working capital access “to all micro, small and medium enterprises (MSMEs) in India.” C2FO is the latest and only US-based fintech “to join the Trade Receivables Discounting System (TReDS), distinguishing itself… Read More

May 20, 2024 @ 10:28 am By Omar Faridi  |  

Credit cards have been a cornerstone of consumer payment methods for decades now, and the demand for consumer cards is only increasing. In fact, 43% of Gen Z and millennial consumers are increasing their spending on credit cards, suggesting that the market is both lucrative… Read More

May 17, 2024 @ 8:54 pm By Omar Faridi  |  

PhonePe announced that it has enabled UPI payment acceptance in collaboration with LankaPay across LankaQR merchant points at a session held in Colombo. The session saw participation from Shri Santosh Jha, the High Commissioner of India to Sri Lanka, as the Chief Guest, who highlighted… Read More

May 12, 2024 @ 2:06 pm By Omar Faridi  |  

Betterment, which claims to be the largest independent digital financial advisor, today announced that Betterment for Advisors, its RIA custody division has deepened its partnership with XYPN, a turnkey advice and planning platform that seeks to make it possible for fee-only financial advisors to build… Read More

May 9, 2024 @ 10:57 am By Omar Faridi  |  

Boarding public transport and pay the fare by simply tapping with a contactless payment card or mobile phone (to which the card is binded) on turnstiles or authorized readers: Rome is reportedly the first city in Europe to “offer this contactless payment service to cardmembers… Read More

May 7, 2024 @ 8:44 am By Omar Faridi  |  

Visa Inc. (NYSE: V) and JP Morgan Payments announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers by introducing faster domestic payments in the US through the Visa Direct network. With Visa Direct’s extensive… Read More

May 5, 2024 @ 7:17 pm By Omar Faridi  |  

In a significant development, C2FO, the world’s on-demand working capital platform, announced that its TReDS platform, named C2treds has gone live with India’s largest bank State Bank of India (SBI) and Dabur India Ltd. among the inaugural participants on the platform. This milestone follows the… Read More

May 3, 2024 @ 10:24 am By Omar Faridi  |  

AccessFintech, the provider of real-time data insights and collaboration across financial markets, is working with BNY Mellon, the global financial services company, to bring a joint solution to the market for addressing foreign exchange (FX) workflow challenges ahead of the forthcoming T+1 settlement regulations. Upcoming… Read More

April 23, 2024 @ 9:24 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced its partnership with Bird (formerly MessageBird), a global communication platform, to power Bird’s international payments operations. Powering Bird’s global payments infrastructure Bird’s platform, applications and APIs help 29,000+ businesses “to streamline conversations and… Read More

April 22, 2024 @ 8:23 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched a new fund to open to tech and finance companies which want to invest directly in impactful projects to contribute to global biodiversity targets but don’t know where… Read More

April 18, 2024 @ 7:09 pm By Omar Faridi  |  

Finix, the payment processor enabling businesses to accept and send payments, launched its Merchant Underwriting solution to automate underwriting workflows and streamline merchant onboarding processes. Finix’s solution collects and verifies necessary information “via pre-built brandable forms to empower businesses to onboard more merchants faster while… Read More

April 18, 2024 @ 9:44 am By Omar Faridi  |  

Paystand, the global enabler of B2B payments, today announced it has brought full payments integration to Microsoft Dynamics 365 Business Central. In addition Paystand will support Dynamics NAV, GP, AX, and Dynamics 365 Finance. It has also established a partnership “with independent software vendor ERP… Read More