Tagged: fintech trends

Infibeam Avenues Receives RBI’s Approval for Payment Aggregator License

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and other applicable provisions/ regulations, if any, Infibeam are pleased to inform that the Reserve Bank of India has granted In-Principle Authorization to operate as a Payment Aggregator under the… Read More

Digital Commerce: Karta.io Joins Visa’s Fintech Fast Track Program

U.S. startup Karta.io, the financial OS for e-commerce teams, announced that it joined Visa’s Fintech Fast Track Program. Through the program, Karta.io will “have access to the tools and resources needed to scale its business using the reach, capabilities, and security that VisaNet, Visa’s global… Read More

TIFIN’s Wealth Division Announces AI Platform for Client Personalization

TIFIN, the Fintech platform known for its highly engaging products fueled by advanced data science and machine learning, has launched what it claims to be  “a first-of-its-kind platform for client personalization.” The platform “to facilitate modern personalization will be offered by its TIFIN Wealth division… Read More

Fintech Firm Rapyd Introduces Multi-Currency Treasury Platform

Rapyd, the fintech platform for global payments, payouts and business everywhere, has announced the launch of a multi-currency Treasury Solution, which is reportedly the “first of its kind” for the APAC area. This solution is described as a collection of cash management features/solutions that optimize… Read More

Airwallex to Allow Merchants to Accept Buy Now Pay Later Payments via Atome Partnership

Global fintech platform Airwallex announced a Buy Now Pay Later (BNPL) functionality in partnership with Atome, Asia’s lBNPL brand. Announced recently, the collaboration will “enable Airwallex merchants to offer BNPL as a payment option to shoppers across Hong Kong, Indonesia, Malaysia and Singapore.” The partnership… Read More

Fintech EBANX Appoints Greg Cornwell as VP of Business Development

EBANX, a fintech company that specializes in international payments in rising markets, announced the appointment of Greg Cornwell “as the Brazilian unicorn’s new Vice President of Business Development.” He will “report directly to EBANX President of Global Payments, Paula Bellizia, and play a key role… Read More

Kenanga Investment Bank, AntChain to Adopt ‘mPaaS’ Tech for Malaysia’s Wealth SuperApp

Kenanga Investment Bank Berhad has entered into an agreement with AntChain Technology Pte. Ltd., part of the Ant Group, “to build Malaysia’s first wealth SuperApp using AntChain’s proprietary mobile platform solution.” This agreement “follows from its recent MoU with AntChain.” Kenanga’s SuperApp aims “to help Malaysians… Read More

Fintech Firm Veritran Launches Small Business Solution for Financial Institutions

Veritran, a global financial technology solutions provider, launched Fusion by Veritran, a Small Business Solution for the United States market at Money 20/20 in Las Vegas. The flagship solution of the tech company is “designed for freelancers, independent professionals and owners of small businesses, allowing… Read More

Co-Parenting Fintech Onward Announces $9.7M Series A

Onward, the financial platform for co-parents, announced it has raised $9.7 million in Series A funding “led by TTV Capital with participation from Lerer Hippeau, Citi Ventures, Correlation Ventures, and Gingerbread Capital.” The investment round “comes on the heels of significant growth for the company,… Read More

OCC Announces Office of Financial Technology

The Office of the Comptroller of the Currency recently announced it will “establish an Office of Financial Technology early next year to bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape.” The Office of Financial Technology will “build on and… Read More

Fintech Stripe Launches Operations in Thailand

Stripe recently announced its general availability in Thailand, where its financial infrastructure platform will “help solve the complex payments issues facing Thai businesses.” Tee Chayakul, Thailand country director at Stripe, said: “Thailand’s digital economy is one of the fastest growing in Southeast Asia. However, moving… Read More

Fintechs Moven and upSwot Enter Partnership to Serve SMBs

Moven, a firm that enhances virtual banking experiences for banks, credit unions, and fintech, is teaming up with upSWOT, a Fintech platform that allows service providers to support the success of SMB clients with embedded finance tools. As a result of this collaboration, Moven can… Read More

Citi Ventures Invests in Fintech Platform Wildfire Systems

Wildfire Systems Inc., a Fintech platform that powers white-label reward programs and shopping companions, announced that it has secured a strategic investment from Citi Ventures. The funding will “support Wildfire’s technological innovation and continued ability to deploy new features that will drive rewarding online shopping… Read More

Fintech Firm Teslar Software Helps First Pryority Bank Streamline Operations

First Pryority Bank, a member FDIC bank, and Teslar Software announced their partnership “to expedite and streamline processes across the bank’s loan department.” The Pryor Creek, Okla.-based bank has “grown substantially over the past three years and will leverage Teslar’s lending automation software to help… Read More

Worldline Acquires Stake in Fintech Platform SoftPos.eu

Only a few weeks after finalizing the sale of its terminal business to Apollo Funds for €2.3 billion, Worldline [Euronext: WLN] has now moved to acquire a 55% stake in SoftPos.eu, a Warsaw-headquartered Fintech platform that reportedy converts Android devices into secure payment terminals. The… Read More

Fintech Firm ConnexPay Secures $110M Investment Led by FTV Capital

ConnexPay, which claims tobe the first and only payments technology company that integrates payments acceptance and issuance inside a single platform, announced a $110 million growth equity investment “led by FTV Capital, a sector-focused growth equity investor with more than two decades of experience in… Read More

WireFX, Stearns Bank to Serve Fintechs, Payment Firms

WireFX, a Minnesota based Fintech startup and Stearns Bank N.A., an independently-owned financial institution with locations in Minnesota, Florida and Arizona “announce their partnership to support fintech and payment companies with FDIC insured bank accounts.” WireFX will “utilize Stearns Bank’s sponsorship to offer domestic and… Read More

Global Fintech Wise Planning to Introduce Assets Investing Service Across Europe

Fintech firm Wise (LSE:WISE) is reportedly planning to introduce its Assets investing service across Europe after acquiring an operational license in Estonia. Presently available in the United Kingdom, Assets allows clients to hold cash in their multi-currency accounts in various asset classes, while also being… Read More

Swedish Fintech Krea Makes SME Loans Accessible with Klarna Kosma

Klarna Kosma, Klarna‘s financial technology platform for banks, Fintechs, and innovative retailers, announced that its partnership with Krea, a digital loans platform for Small and Medium-sized businesses (SMEs) in Sweden “has helped Swedish SMEs receive on average 15% larger loan offers, at a 4% lower… Read More

ZTLment Reportedly Becomes Europe’s First Payments Institution Built on Blockchain

Danish Fintech startup, Ztlment, claims it is the “first” in Europe to gain a license that “lets it operate fully regulated payments on top of blockchain.” The company has “raised €1.3 million in pre-seed funding from venture funds specializing in fintech.” The startup’s smart contract… Read More

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