Tagged: fintech trends

September 15, 2022 @ 1:03 am By Omar Faridi  |  

Payhawk, the spend management solution with a presence across the UK and Europe, officially launched in the US. The unicorn has “opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and… Read More

September 14, 2022 @ 10:17 pm By Omar Faridi  |  

Payload, a “rapidly growing” Fintech start-up, announced that it will be taking its powerful, integration-first inbound and outbound payment capabilities to the next level through a new relationship with JP Morgan (NYSE:JPM). J.P Morgan has supported Payload’s new payment facilitator status, which Payload “will utilize… Read More

September 14, 2022 @ 9:44 pm By Omar Faridi  |  

Copenhagen has a strong fintech ecosystem and a “leading” position among fintech hubs globally, according to an update from Mastercard (NYSE: MA). The hub connects both start-ups, established companies and organizations “focusing on innovation and new opportunities.” Mastercard is “committed to empowering the growing fintech… Read More

September 14, 2022 @ 5:27 pm By Omar Faridi  |  

Future FinTech Group Inc. (NASDAQ: FTFT), a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs, a wholly subsidiary of the company, has teamed up with Currency Cloud Inc., a subsidiary of Visa and a global payment platform that is registered… Read More

September 13, 2022 @ 3:30 pm By Omar Faridi  |  

Banking-as-a-Service Fintech firm Griffin recently announced the launch of Verify, a customer onboarding product. Verify will help regulated fintechs “onboard customers at scale while meeting regulatory requirements.” Adam Moulson, Griffin’s acting CEO, said: “Our mission is to create a technology-driven bank that we believe will… Read More

September 13, 2022 @ 9:00 am By Omar Faridi  |  

Slice, an “innovative” startup in the AdTech space and ZEBEDEE, a Fintech and next-generation payment processor for the gaming industry, announced the launch of an integration that “lets anyone earn Bitcoin simply by browsing the web, with the help of Slice’s browser extension.” While passive… Read More

September 12, 2022 @ 11:17 pm By Omar Faridi  |  

Canadian Fintech companies saw US$810 million in total investment “across 85 deals in the first half of 2022, down from US$1.9 billion in the second half of 2021.” This, according to an update from KPMG. It was also a notable drop “compared to the first… Read More

September 12, 2022 @ 10:42 pm By Omar Faridi  |  

Pakistan-based Fintech ABHI and its clients, employees, users, and investors have reportedly  been making donations using its platform. These funds are meant to support the ongoing flood relief efforts, which is being carried out with assistance from NGOs such as JDC, Al-Khidmat, and Saylani who… Read More

September 11, 2022 @ 5:12 pm By Omar Faridi  |  

DailyPay, a financial technology company, recently announced the launch of Friday, a  general purpose reloadable (GPR) prepaid card and app, which “unlocks instant no-fee on-demand pay transfers for DailyPay users.” Friday, created in partnership with Visa, the digital payments giant, and The Bancorp Bank, Member… Read More

September 11, 2022 @ 5:11 pm By Omar Faridi  |  

Tech Nation recently welcomed what they claim to be the UK’s 51 “most exciting” Fintech companies to their fifth Fintech growth program, as UK fintech investment “reaches a record high.” As mentioned in the announcement, 51 companies were accepted into Tech Nation’s fifth Fintech growth… Read More

September 10, 2022 @ 9:36 pm By Omar Faridi  |  

The team at Yapily is looking forward to teaming up with fintech unicorn Pleo, which offers a smart business spending solution, “to enable a simplified payments experience for its UK users.” Research shows that 82% of businesses that fail “do so as a result of… Read More

September 10, 2022 @ 8:47 pm By Omar Faridi  |  

Easy Payment & Finance, which claims to be a leading financial payment and technology enabler in Spain, announced it has chosen digital payments platform, Carta Worldwide, a subsidiary of Mogo Inc. (NASDAQ:MOGO), to support its new card offering. Easy EP is reportedly among Spain’s major… Read More

September 10, 2022 @ 4:13 pm By Omar Faridi  |  

Revolut, the global financial super app with over 20 million retail customers, has launched Revolut Pay – a new secure online checkout feature which “allows UK and EEA merchants to present ‘Revolut Pay’ as a payment method across product, cart, and checkout pages.” Revolut Pay… Read More

September 9, 2022 @ 3:20 pm By Omar Faridi  |  

Lavu, a global restaurant software and payments solution provider built by restaurant people, and Up ‘n go, a contactless payments provider that powers QR code pay at the table solutions for restaurants nationwide, announced a partnership that integrates Up ‘n go’s pay at the table… Read More

September 7, 2022 @ 11:58 pm By Omar Faridi  |  

With financial services globally and in Singapore shifting towards embedded finance, KPMG announced the launch of Singapore’s first Embedded Finance Hub with ambitions “to accelerate the adoption of embedded finance in the country.” The Hub, set to run for at least 2 years is expected… Read More

September 6, 2022 @ 7:11 pm By Omar Faridi  |  

Qatar Central Bank (QCB) has reportedly issued the nation’s first virtual payment licenses to Ooredoo Money and iPay by Vodafone Qatar. The announcement was made via social media on August 30, 2022. The update noted that the issuance was made to contribute to the development… Read More

September 4, 2022 @ 11:58 pm By Omar Faridi  |  

Australian businesses have “ambitious” plans for international expansion, as new data from global fintech Airwallex reveals more than two thirds of small-to-medium Aussie businesses (69 per cent) plan “to be operating outside Australia by 2027.” Airwallex’s inaugural Australian Business Growth Index found “a third of… Read More

September 3, 2022 @ 10:24 am By Omar Faridi  |  

Chip, the saving and investing app on a mission to build wealth for our generation, has introduced the Prize Savings Account – the “first” Fintech to offer a savings account of this type. The account will give users the opportunity to win a Grand Prize… Read More

September 1, 2022 @ 9:47 pm By Omar Faridi  |  

India’s consumer lending fintech, EarlySalary, has closed its series D funding round of $110 million led by TPG’s The Rise Fund and Norwest Venture Partners. Existing investor Piramal Capital & Housing Finance Limited also participated in the investment round. This is EarlySalary’s largest fundraise to… Read More

September 1, 2022 @ 8:45 am By Omar Faridi  |  

Solid, the Fintech-as-a-service platform that offers modern infrastructure for any company to launch and scale fintech products, announced its $63 million Series B funding round. Led by FTV Capital, a sector-focused growth equity firm with nearly 25 years of experience investing in financial technology, the… Read More