Tagged: fintech trends

November 28, 2022 @ 11:01 pm By Omar Faridi  |  

Checkout.com releases the second phase of its Digital Transformation in MENA 2022 report. Following the launch of part one last month – which included insights from 15,000 consumers in the region – the next chapter “interviews businesses and their leaders at the forefront of the… Read More

November 28, 2022 @ 10:40 am By Omar Faridi  |  

Salary streaming and budgeting platform, Nine25 recently announced the launch of its capital raise with Equitise, kicking off a $2.55 million raise as demand steadily increases from investors. Unlike other so-called “budgeting” platforms which say that they budget by creating dashboards and reporting, Nine25 notes… Read More

November 27, 2022 @ 3:58 pm By Omar Faridi  |  

Thunes, a global cross-border payments network, announced that it has partnered with Tencent Financial Technology, Tencent’s fintech arm, “becoming the first payment infrastructure partner connecting with it.” This collaboration will “allow members of Thunes‘ global network to send international payments to Weixin users, giving them… Read More

November 27, 2022 @ 2:57 pm By Omar Faridi  |  

CV VC recently published an inaugural German Blockchain Report following its newest and fourth ecosystem hub opening, CV Labs Berlin. The report provides “a structural overview of Europe‘s top-ranked blockchain country, and its publication highlights CV VC’s commitment to building sustainable and connected global ecosystems… Read More

November 26, 2022 @ 6:31 pm By Omar Faridi  |  

QUANTIFEED, the provider of digital wealth management solutions, announces that it has acquired ALPIMA, a London-based portfolio construction, visualisation, and analytics fintech company. Alex Ypsilanti, Co-Founder and CEO of Quantifeed, said: “We are very excited about bringing together two hugely talented teams of financial engineers… Read More

November 26, 2022 @ 9:01 am By Omar Faridi  |  

The UK and Singapore have agreed a new MoU “boosting fintech trade and cooperation at their 7th Financial Dialogue in Singapore.” The UK and Singapore agree a Memorandum of Understanding (MoU) “on the UK–Singapore FinTech Bridge to remove barriers to fintech trade and boost cooperation.”… Read More

November 24, 2022 @ 7:34 pm By Omar Faridi  |  

Network for Electronic Transfers (NETS) has announced the launch of the NETS Prepaid Card, which is described as its first “smart” stored-value card for retail and transit. There is reportedly no minimum age, income requirement, annual subscription fees or credit checks needed for the purchase… Read More

November 23, 2022 @ 4:22 pm By Omar Faridi  |  

Motive Partners, a specialist private equity firm focused on building, backing, and buying the technology companies that enable the financial economy, announces that it has entered into an agreement to acquire embedded/capital GmbH, a European venture capital platform “focused on supporting the next wave of… Read More

November 23, 2022 @ 3:15 pm By Omar Faridi  |  

A recent study by global fintech platform Airwallex revealed that small and medium-sized enterprise (SME) businesses in the U.S. “plan to expand in 2023.” While the pandemic and uncertain market conditions have impacted many businesses this year, a vast majority of SMEs (82%) still “plan… Read More

November 22, 2022 @ 10:57 pm By Omar Faridi  |  

Propel Holdings Inc. (TSX: PRL), a Fintech company dedicated to credit inclusion, announced that it has entered the Canadian market with its new brand, Fora CreditTM (Fora) – “a convenient online credit solution for underserved Canadian consumers.” Nearly 25 per cent of Canadians “are either… Read More

November 22, 2022 @ 5:47 pm By Omar Faridi  |  

Engage People, which claims to be the only loyalty network that enables program members to pay with points directly at checkout, commissioned a newly released survey from The Wise Marketer titled “2022 Rewards Redemption Survey: US Consumer Attitudes and Preferences.” The report “examines consumers’ attitudes… Read More

November 21, 2022 @ 11:45 pm By Omar Faridi  |  

Zimpler, which claims to be a leading fintech company born in Sweden, announced that it will expand its operations to Latin America. The company has “established its LatAm headquarters in São Paulo, catering to the growing local and regional markets.” Zimpler plans “to introduce their… Read More

November 21, 2022 @ 9:34 pm By Omar Faridi  |  

StellarFi, a financial technology company on a mission to disrupt the U.S. poverty cycle by opening access to credit, announced it has “exceeded $1 million in annual recurring revenue.” The company “emerged from stealth on June 28 and closed its oversubscribed $7 million initial funding… Read More

November 21, 2022 @ 9:32 pm By Omar Faridi  |  

Financial wellbeing Fintech Wagestream, with research and analysis from Good Shepherd Australia New Zealand, has launched the inaugural Australian State of Financial Wellbeing Report in a bid “to identify how employers can better alleviate financial stress in the workplace for struggling employees.” The report is… Read More

November 19, 2022 @ 6:25 pm By Omar Faridi  |  

Paysend, the UK-based fintech, introduced Paysend Libre, which will “allow unbanked users in Northern Central America (Guatemala, Honduras, El Salvador) to receive remittances from the U.S. instantly to a Paysend virtual Mastercard digital card.” The virtual card is ready “to use in minutes for cash… Read More

November 17, 2022 @ 9:09 pm By Omar Faridi  |  

Diebold Nixdorf (NYSE: DBD), a global player focused on driving connected commerce for the financial and retail industries, announced a multi-year services and strategic contract with Alhamrani Universal, Saudi Arabia’s largest fintech solutions provider in the self-service banking industry. Backed by Diebold Nixdorf solutions, including… Read More

November 17, 2022 @ 8:25 am By Omar Faridi  |  

American Express (NYSE: AXP) and Square (Block) (NYSE:SQ) announced “an expansion of their relationship and plans to launch a new credit card built specifically for Square sellers on the American Express network.” The new card will be “the first credit card Square offers to its… Read More

November 16, 2022 @ 3:07 pm By Omar Faridi  |  

Merchant commerce omnichannel platform, Pine Labs announced its partnership with Singlife with Aviva, a financial services company in Singapore. Through this partnership, all customer-facing platforms and internal employee gift cards for Singlife “will be powered by Qwikcilver, a Pine Labs brand.” Pine Labs will also… Read More

November 15, 2022 @ 10:50 pm By Omar Faridi  |  

NAB Now Pay Later is now live and “available for the 52,000 customers who pre-registered.” In a move to give Australians more control of their money, customers can now “apply for and use the bank’s new instalment payments product in their NAB app.” Customers can… Read More

November 15, 2022 @ 8:26 am By Omar Faridi  |  

UK BaaS (Banking as a Service) fintech firm Griffin and global FS OS (Financial Services Operating System) 11:FS Foundry announced a new partnership “to help businesses actualise the benefits of embedded finance – the process of building new fintech products and embedding financial services directly… Read More