Tagged: fintech trends

December 12, 2022 @ 10:57 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global financial technology platform of “choice” for leading businesses, has announced that it has partnered with KodyPay, the fully integrated ordering and payment platform for businesses. Adyen’s financial technology “will support the growth of hospitality businesses by powering seamless payments, data analytics… Read More

December 12, 2022 @ 9:17 pm By Omar Faridi  |  

The adoption of open source in the financial services industry is “on the rise, largely led by organizations with Open Source Program Offices (OSPOs), which are more than twice as likely to encourage open source consumption, and nearly three times as likely to encourage open… Read More

December 11, 2022 @ 10:06 pm By Omar Faridi  |  

Earned Wage Access (EWA) service provider Paywatch has reportedly secured $9 million via a pre-Series A funding round that was led by existing investor Third Prime. The investment round also included contributions from Hana Ventures which is the venture division of Hana Financial Group in… Read More

December 11, 2022 @ 3:54 pm By Omar Faridi  |  

With the surging demand of international business travel, global fintech platform Airwallex is partnering with Agoda, a global digital travel platform, “to make travel planning easier for Hong Kong SMEs and startups.” As mentioned in the announcement, Airwallex Hong Kong customers will “be able to… Read More

December 10, 2022 @ 6:30 pm By Omar Faridi  |  

Amid an increased demand for wealth lending generally and securities-based lending (SBL) specifically, global Fintech, Broadridge Financial Solutions, Inc. (NYSE: BR) announced a partnership with IntraFi to offer “a streamlined securities-based lending service for banks, brokerage firms, and wealth management firms.” Through this partnership, IntraFi… Read More

December 8, 2022 @ 8:19 am By Omar Faridi  |  

Two of Sweden’s “fastest-growing” Fintech companies are joining forces in a partnership “to provide easier and more accessible growth financing for retailers that import goods.” A unique, simple, and completely digital credit scoring process “enables small and medium-sized businesses to quickly get financing with fair… Read More

December 7, 2022 @ 10:51 pm By Omar Faridi  |  

What was once an innovation is today “a way of life” for millions of consumers in India. Over the last two and a half years, transactions on the UPI network have “grown by a factor of 6 as digital payments have exploded in India,” according… Read More

December 6, 2022 @ 11:47 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), which claims to be the global financial technology platform of choice for leading businesses, announces “the launch of four accelerator programs following the success of EMEA accelerator winner, Pivot.” Alongside the relaunch of the Amsterdam based EMEA program, the new accelerators will reportedly… Read More

December 6, 2022 @ 11:15 pm By Omar Faridi  |  

Global fintech platform Airwallex is pleased to announce that Kai Wu has been jointly appointed “as the company’s Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM).” Kai has “held a number of senior positions at Airwallex for close to five years, including as… Read More

December 6, 2022 @ 5:02 pm By Omar Faridi  |  

AltScore, a fintech start-up that provides B2B lending infrastructure, announced it has raised $3.5 million in seed funding. The financing will help AltScore “continue developing its end-to-end Lending-as-a-Service (LaaS) solution to help its B2B partners embed and deploy credit products while giving MSMBs fair and… Read More

December 6, 2022 @ 8:37 am By Omar Faridi  |  

Venture capitalists invested “a record $41.0 billion into the retail fintech vertical in 2021, representing a 78.6% increase compared with 2019’s $23.0 billion,” according to an update from Pitchbook. VC investments into the banking and credit and wealthtech segments “drove this increase.” As of Q3… Read More

December 5, 2022 @ 11:15 pm By Omar Faridi  |  

2C2P, a global payments platform and merchant commerce omnichannel platform Pine Labs have partnered to expand Buy Now Pay Later (BNPL) “across Asia in six key markets, namely Singapore, Malaysia, Hong Kong, Indonesia, the Philippines and Thailand.” Unlike other BNPL offerings, Pine Labs claims that… Read More

December 5, 2022 @ 8:51 am By Omar Faridi  |  

Currencycloud, which claims to be the expert in simplifying business in a multi-currency world, has partnered with Scottish start-up app Skedadle in order “to provide its users an easy, secure and seamless way to transfer money earned in-app while playing games on public transport.” Skedadle… Read More

December 4, 2022 @ 7:52 pm By Omar Faridi  |  

The Bank of London, which claims to be the next-generation technology company and the “world’s first” purpose-built global clearing, agency, and transaction bank, announced the appointment of Marc Jenkins as Chief Financial Officer UK – SMF 2, “subject to regulatory approval, and Member of the… Read More

December 2, 2022 @ 5:54 pm By Omar Faridi  |  

A chargeback is the formal process initiated when a cardholder disputes a payment – “often leading to the cardholder being reimbursed directly by their issuing bank, which then obtains the funds from the merchant,” according to an update from Chargebacks 911. The update further noted… Read More

December 2, 2022 @ 10:08 am By Omar Faridi  |  

Decimal, a Fintech company offering bookkeeping and accounting operations for small and medium-sized businesses (SMBs),  announced it “has acquired the cloud-based bookkeeping service and certain other assets of KPMG Spark, owned by Big Four tax, accounting and advisory firm KPMG LLP.” Financial terms “were not… Read More

December 1, 2022 @ 7:58 pm By Omar Faridi  |  

giveback — a tech-enabled platform that helps donors create and manage giving portfolios, working toward a future where philanthropy is efficient, engaging, and personalized — is announcing “the launch of the giving platform in time for the 2022 giving season.” The philanthropic – or Philtech… Read More

December 1, 2022 @ 4:47 pm By Omar Faridi  |  

Teampay, which claims to be the all-in-one-purchasing platform, announced it raised $47 million in Series B funding “led by existing investor Fin Venture Capital.” New investors Mastercard, Proof Ventures, Trestle, and Espresso Capital supported the oversubscribed investment round, “bringing Teampay’s total funding to $65M.” Peter… Read More

November 30, 2022 @ 9:57 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, announces that software as a service (SaaS) platform, Moneybird, is the latest customer “utilizing its newly launched suite of embedded financial products.” Designed to simplify accounting processes for entrepreneurs, Moneybird facilitates bookkeeping… Read More

November 29, 2022 @ 7:32 pm By Omar Faridi  |  

FinTech Australia has appointed Rachel Hopping as “its first Head of Strategic Partnerships, joining the team from share trading and superannuation Fintech Superhero.” The new role will primarily “engage with FinTech Australia’s 400 corporate partners, which include Visa, Mastercard and AWS.” Starting in 2019, the… Read More