Tagged: fintech trends

December 22, 2021 @ 9:45 am By Omar Faridi  |  

Established 11 months ago by ex- Revolut professionals including CEO Lasse Kalkar and COO Anita Koimur, and CTO Evan O’Brien, LiveFlow plans to improve the way financial management is performed inside organizations. The team at LiveFlow wrote in a blog post that they are pleased… Read More

December 20, 2021 @ 7:42 am By Omar Faridi  |  

2021 continued to be another “unprecedented year in the financial services industry,” according to an update from payments specialist Banking Circle. The team at Banking Circle points out that not only did the impact of COVID-19 “continue to accelerate change, but a number of new… Read More

December 19, 2021 @ 1:51 pm By Omar Faridi  |  

Mastercard (NYSE: MA) welcomes its new wave of startups to its Start Path startup engagement program. Start Path alums have shared their industry insights into the top trends of this year and what they’ve learned from a challenging year. The international economy continued its recovery… Read More

December 17, 2021 @ 1:57 pm By Omar Faridi  |  

ViewTrade Holding Corp. has announced its partnership with Seminario y Cia Sociedad Agente de Bolsa S.A., which claims to be the largest “independently owned” retail broker-dealer in Peru. As mentioned in a release, the integration with the Fintech solutions provider ViewTrade is now “enabling Seminario’s… Read More

December 16, 2021 @ 7:52 am By Omar Faridi  |  

Twig, the London-headquartered Fintech firm that’s bridging the gap between finance and re-sale, has shared its inaugural whitepaper which highlights “the new way in which Gen Z are consuming, based upon a total cost of ownership and a commitment to a sustainable lifestyle.” As mentioned… Read More

December 14, 2021 @ 9:49 pm By Omar Faridi  |  

The Arab Monetary Fund (AMF) and Mastercard (NYSE: MA) have announced the signing of a Memorandum of Understanding (MoU). Per the terms of this MoU, Mastercard and Buna (the cross-border and multi-currency payment system owned by the AMF), will “seek strategic interoperability between their respective… Read More

December 12, 2021 @ 1:05 pm By Omar Faridi  |  

Taavet Hinriku, the Co-founder of UK-based Fintech Wise (LSE:WISE) (formerly doing business as TransferWise), has reportedly stepped down from his position as company chairperson and Director. The former CFO at Netflix, David Wells, will be replacing Hinriku with immediate effect (as reported on December 10,… Read More

December 10, 2021 @ 3:52 pm By Omar Faridi  |  

Alloy, the identity decisioning platform for banking institutions and Fintech firms, has announced the launch of its Partner Center, a dedicated resource for customers to gain “more transparency into its partner integrations.” Via the Partner Center, Alloy brings the best tech and data providers into… Read More

December 10, 2021 @ 10:49 am By Omar Faridi  |  

In less than six months, the Mass Fintech Hub, a public-private partnership dedicated to making the Commonwealth a key player in Fintech, has more than doubled its membership and received “hundreds of requests to join its growing programming geared towards developing fintechs.” As mentioned in… Read More

December 10, 2021 @ 7:49 am By Omar Faridi  |  

Fintech Plaid has been established on the principle that consumers need to be in control over where and how they share their financial details. Core or central to this principle is the customer’s ability to share their data in a secure manner and with the… Read More

December 8, 2021 @ 10:37 pm By Omar Faridi  |  

Canadian Fintech firm Payment Rails has revealed that it is rebranding as Trolley—the payouts platform for the “Internet economy.” The newly renamed Trolley also confirmed its recent $7M Series A investment round, which was led by Pace Capital. Established in 2015, Trolley is a payouts… Read More

December 6, 2021 @ 9:25 pm By Omar Faridi  |  

B2B cross-border payment provider, Verto, has teamed up with payments bank, Banking Circle, in order to streamline global payments for its customers. Utilizing the Banking Circle Virtual IBAN solution, alongside access to Banking Circle’s domestic payment channels, Verto is “addressing the pain points of complicated… Read More

December 6, 2021 @ 8:26 am By Omar Faridi  |  

Finland’s Card-as-a-Service (CaaS) platform Enfuce has finalized a €45 million Series C round that has been led by global growth investor Vitruvian Partners. Established in Finland, Enfuce has expanded its geographic presence in Germany and France and has more than 13 million active card users… Read More

December 5, 2021 @ 6:08 pm By Omar Faridi  |  

  Novus World, the impact banking app that aims to turn everyday spending into a “force for good,” has raised 111% (£999,860) of its £900,000 target from 269 investors (at the time of writing) via Seedrs with 24 days left in its crowdfunding campaign. Based… Read More

December 5, 2021 @ 2:30 pm By Omar Faridi  |  

Mobile banking app N26 recently confirmed that they’re getting ready to close down all US accounts in January 2022. As noted in a blog post by UK-based Fintech Monzo, this decision has “left many customers looking for a replacement that offers easy mobile banking, low… Read More

December 2, 2021 @ 9:37 pm By Omar Faridi  |  

Digital banking provider Bankjoy has announced the launch of its business banking platform, empowering its customers with the best tools to “help attract and drive loyalty among small businesses within their communities.” Recently surpassing 1 million members with access to its platform, Bankjoy’s virtual banking… Read More

November 30, 2021 @ 9:53 pm By Omar Faridi  |  

Slice, a Fintech platform that provides card-based products to younger Indian consumers to help them build a solid credit score, has secured $220 million in capital via a Series B round that values the business at more than $1 billion. Slice‘s investment round has been… Read More

November 28, 2021 @ 6:52 pm By Omar Faridi  |  

The time is “ripe” for the Philippines to take its place on the global stage as an important player in the technology space, according to a new report. The Philippines’ local technology market is still developing: While a digital economic gap currently exists, there’s strong… Read More

November 27, 2021 @ 12:01 pm By Omar Faridi  |  

US-Israeli supply chain Fintech platform, 8fig, recently finalized a $50 million Series A round. The company’s investment round has been joined by existing investors Battery Ventures and LocalGlobe, along with serial entrepreneur and co-founder of Nested and GoCardless’ Matt Robinson. As mentioned in the update,… Read More

November 24, 2021 @ 7:23 pm By Omar Faridi  |  

DoorDash (NYSE: DASH) and Payfare (TSX: PAY) have announced instant access to earnings for DoorDash delivery drivers across the US through DasherDirect. As mentioned in the announcement, DasherDirect is a financial platform and virtual banking solution for Dashers that is being powered by Payfare. Via… Read More