Tagged: fintech trends

April 14, 2022 @ 4:14 pm By Omar Faridi  |  

BNP Paribas (EPA: BNP) has reportedly made its first investment in a Fintech VC fund managed by Anthemis. The investment is being made via the French banking institution’s Global Markets Strategic Investments division, which actively invests in high-growth Fintech firms. It further solidifies the existing… Read More

April 14, 2022 @ 2:35 pm By Omar Faridi  |  

Brex, the firm that’s focused on reimagining finance for growing businesses, announced Brex Empower, a new software platform designed “to increase the speed of businesses by enabling a culture of trust and financial discipline.” Empower will serve as the foundation for all Brex products “moving… Read More

April 14, 2022 @ 8:49 am By Omar Faridi  |  

Nubank (NYSE: NU), one of the largest digital financial services platforms globally, recently announced that it strengthened its international operations by obtaining a credit line of $650 million, which will be “invested in the Mexican and Colombian markets, where the company operates under the name… Read More

April 14, 2022 @ 7:38 am By Omar Faridi  |  

Upvest, the Berlin-based infrastructure Fintech, has expanded its management team and appointed Markus Maier as the new Chief Operating Officer. Maier has previously “worked at UBS and Deutsche Bank and brings more than 25 years of management experience in the securities services and derivatives business.”… Read More

April 13, 2022 @ 5:46 am By Omar Faridi  |  

Paymob, MENA region’s virtual payments provider, has announced its formal market entry, and “start of operations, in Pakistan.” Paymob’s expansion into Pakistan follows its steady growth in its home market of Egypt, plus Jordan and other world regions where – combined – it “services tens… Read More

April 12, 2022 @ 4:19 pm By Omar Faridi  |  

St. Petersburg’s fast-evolving Fintech sector continues to expand as Tampa Bay Wave and the University of South Florida have confirmed the inaugural cohort of startups for its Fintech|X Accelerator program. Announced on April 11, 2022, the accelerator’s first cohort includes 16 Fintechs from across the… Read More

April 11, 2022 @ 11:32 pm By Omar Faridi  |  

Following a year-long pilot that has seen over £43 million awarded to innovation in the water sector, Ofwat – the water regulator for England and Wales – is “launching a consultation to seek views about how to continue this momentum.” The £200m Water Innovation Fund… Read More

April 11, 2022 @ 10:47 pm By Omar Faridi  |  

Ellevest, the financial company built by women for women, recently announced a $53 million Series B round. The Fintech firm’s investment round was “co-led by BMO and Contour Venture Partners.” It included investments from several new women-led investors, “including Halogen Ventures, Cleo Capital, New York… Read More

April 10, 2022 @ 10:42 pm By Omar Faridi  |  

imagin, the digital services and lifestyle platform backed by CaixaBank, will be entering the Metaverse in the coming days “by way of imaginLAND.” The project will “enable the platform to launch and run initiatives in the virtual reality universe and will be available to its… Read More

April 9, 2022 @ 8:38 pm By Omar Faridi  |  

An aggressive recruitment market may hinder startups operating in Scotland’s fast-growing Fintech industry, according to Fintech sector professionals (from Origo). Supported by a £300 million UK Government investment this past August, Edinburgh’s Fintech sector consists of various financial services innovators, however, newcomers seeking out new… Read More

April 9, 2022 @ 11:28 am By Omar Faridi  |  

We recently connected with Len Covello, the CTO at Engage People, the loyalty network that enables program members to pay with points (PwP) directly at checkout. Covello talked about the ongoing growth of the loyalty rewards landscape and the opportunity for retailers and financial institutions…. Read More

April 8, 2022 @ 1:43 pm By Omar Faridi  |  

  Adyen (AMS: ADYEN), the international Fintech platform of choice for major businesses, is working with Apple to provide Tap to Pay on iPhone for its US clients later in 2022. The solution “allows Adyen’s U.S. customers to use their iPhones to accept contactless payments,… Read More

April 7, 2022 @ 8:48 pm By Omar Faridi  |  

WeLab, a pan-Asian fintech platform, announced the appointment of Bruno Lee as Advisor. Bruno held various management positions “in various large-scale multinational banks and financial institutions, in which he led the development of wealth management and asset management businesses across Asia.” With his extensive experience… Read More

April 7, 2022 @ 12:22 pm By Omar Faridi  |  

Tippy, the salon and spa digital tipping platform, has announced that it has embedded workforce payments platform Branch to launch “a new, all-in-one solution for acquiring and disbursing cashless tips.” Tippy and Branch’s integrated solution “optimizes the entire tipping experience, from the customer’s wallet to… Read More

April 7, 2022 @ 7:17 am By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service that helps consumers “save time and money, be informed and in control,” revealed the new “Klarna-fied” brand identity of Stocard, which is one of the leading mobile wallet providers that “enables consumers to gather all of… Read More

April 6, 2022 @ 10:34 pm By Omar Faridi  |  

Fintech firm Gaviti helps companies recoup outstanding receivables via their automated platform. Last year, their customers recovered $6.2 billion in A/R Receivables “by streamlining an otherwise tedious process,” according to Yan Lazarev, Co-founder & CEO of Gaviti. Gaviti, an automation system developed to assist firms… Read More

April 5, 2022 @ 1:16 am By Omar Faridi  |  

Qolo, the omnichannel payments platform for Fintech, recently announced a strategic partnership agreement with MX, a key player in open finance. Qolo and MX offer “fast-track” solutions to “help businesses, particularly neobanks and fintechs, stand up a core mobile banking experience.” This allows them to… Read More

April 4, 2022 @ 2:27 pm By Omar Faridi  |  

European Fintech bunq notes that you probably never met someone who “doesn’t like savings.” More savings, more money. It all sounds pretty good, the team at bunq writes in a blog post. It only gets “a bit more complicated when it comes to what you’re… Read More

April 4, 2022 @ 8:28 am By Omar Faridi  |  

YouGov’s report The Future of Financial Services Report looks at the ongoing transformation of the US and international financial service industry as it “faces the headwinds of changing consumer expectations and wider industry fragmentation.” Recent data collected “paints a revealing picture of disruptions within the… Read More

April 2, 2022 @ 7:49 pm By Omar Faridi  |  

ADGM will offer participants access to its Digital Lab, which is a “neutral” and “secure” digital environment where Fintech products and services may be tested The Abu Dhabi Global Market (ADGM), an international financial center, has teamed up with financial software firm Finastra for its… Read More