Tagged: fintech

October 13, 2026 @ 11:05 pm By Omar Faridi  |  

Africa’s largest clothing retailer, Pepkor Holdings Ltd., continues to face questions from certain investors and directors over its July decision to merge its Flash fintech arm with the rival Shop2Shop business without putting the transaction to a shareholder vote. The combination created a merchant commerce… Read More

October 13, 2026 @ 3:40 pm By Omar Faridi  |  

Fintech firm OPay is preparing for a potential listing on the New York Stock Exchange, having submitted a Form F-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on October 9, 2026. The Cayman Islands-incorporated company, headquartered in Singapore and operating primarily through… Read More

October 13, 2026 @ 2:39 pm By Omar Faridi  |  

New York-based Fintech company Ramp has raised approximately $1.85 billion in a new funding round that places its pre-money valuation near $60 billion, according to people familiar with the private transaction. Dragoneer Investment Group and Thrive Capital co-led the round, while Founders Fund contributed a… Read More

October 12, 2026 @ 6:05 am By Omar Faridi  |  

A London payments firm authorized by the UK’s Financial Conduct Authority (FCA) appeared on an internal roster of channels that the Kremlin-linked network A7 said it could use to move money, according to documents from a large leak examined by the FT. The company, trading… Read More

October 9, 2026 @ 5:20 pm By Omar Faridi  |  

Stripe is weaving operational logistics data, digital dollar payments, and rules for software agents into a broader push to simplify how smaller firms buy, sell, and borrow. FedEx Dataworks and Stripe disclosed a multiyear collaboration on October 6, 2026, aimed at lowering barriers in cross-border… Read More

October 9, 2026 @ 12:46 am By Omar Faridi  |  

A Pennsylvania public-employee pension fund has brought a proposed securities class action against Coastal Financial Corporation and three senior executives, claiming the bank holding company concealed a sharp deterioration in credit quality at one fintech partner until the resulting charge wiped out roughly $470 million… Read More

October 6, 2026 @ 11:45 pm By Omar Faridi  |  

Brazilian Fintech focused stocks jumped sharply in US trading on Monday after the first round of the country’s presidential election left Senator Flávio Bolsonaro narrowly ahead of incumbent Luiz Inácio Lula da Silva, raising the odds of a rightward policy turn before a runoff set… Read More

October 6, 2026 @ 4:06 pm By Omar Faridi  |  

Nasdaq (NASDAQ: NDAQ) is positioning its financial technology arm as a central engine of longer-term expansion, as banks, brokers, and other institutions step up spending on cloud-based market infrastructure, compliance tools, and systems that detect financial crime. The unit mixes recurring and subscription-style income, which… Read More

October 1, 2026 @ 7:43 am By Omar Faridi  |  

Small and mid-sized firms that sell or buy across borders are preparing to change how they move money. A Mastercard (NYSE: MA) study produced with Bain & Company finds that 91 percent of internationally active SMEs expect to leave their current cross-border payment provider within… Read More

September 29, 2026 @ 1:38 pm By Omar Faridi  |  

BNY (NYSE: BNY) has rolled out a new Pay-to-Wallet capability that lets banking institutions send international payments from traditional accounts straight into participating retail digital wallets. Announced on September 28, 2026, the feature is designed to work through the correspondent banking system banks already use,… Read More

September 29, 2026 @ 12:07 am By Michael Wong  |  

International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, is set to provide an unfunded risk participation facility of up to $200 million to Visa, according project documents seen by CrowdFund Insider. The facility will cover settlement risk exposure on a… Read More

September 26, 2026 @ 2:41 pm By Omar Faridi  |  

Harry Adams, the entrepreneur who established the foreign-exchange specialist Argentex, has obtained a fresh capital injection for Tenora, the fintech he launched after departing his previous company. Irish payments and currency group Fexco is committing £7.5 million, split between a £5.5 million equity stake and… Read More

September 25, 2026 @ 11:14 pm By Michael Wong  |  

GCash has evolved from a loss-making digital wallet into a highly profitable financial technology platform, illustrating the scale Southeast Asian fintech companies can reach, according to Warburg Pincus executive Vishal Mahadevia. The Philippine digital wallet had about 15 million monthly active users when Warburg Pincus… Read More

September 21, 2026 @ 6:27 am By Omar Faridi  |  

Skalar, a New York fintech building an alternative way to fund customer growth at later-stage technology companies, has come out of stealth. The firm began operating in January and went public last week after lining up an undisclosed seed round led by Brazilian venture firm… Read More

September 21, 2026 @ 12:41 am By Michael Wong  |  

Eight Latvian-regulated Fintech platforms have facilitated more than €13 billion in investments and serve more than 800,000 foreign investors, with German investors accounting for about 30% of demand, Latvia’s investment agency said. The figures were disclosed during a Latvian trade mission to Berlin, where fintech… Read More

September 18, 2026 @ 3:51 pm By Omar Faridi  |  

Portage, the fintech-focused investment platform within Sagard, has completed fundraising for its fourth venture vehicle, Portage Ventures IV, at roughly $600 million. The close, announced on September 16, 2026, arrives as the firm marks a decade of backing companies that are changing how financial services… Read More

September 10, 2026 @ 4:09 am By Omar Faridi  |  

OnePay, the Walmart-backed financial technology firm, has rolled out a new in-app feature called My Garage that consolidates vehicle-related payments and financial details in a single dashboard. The move reflects the company’s broader effort to expand its mobile platform into a more complete money management… Read More

September 6, 2026 @ 5:54 pm By Omar Faridi  |  

Informal money-transfer systems such as hawala have grown more organised and now lean heavily on digital tools to hide criminal proceeds, a Financial Action Task Force (FATF) report concludes. Drawing on information from about 45 countries and organisations, including Pakistan and India, the Paris-based body… Read More

September 1, 2026 @ 9:43 am By Michael Wong  |  

Singapore-based payments platform HitPay has integrated its payment infrastructure with Superbench, allowing business-to-consumer service providers to manage customer inquiries, bookings, and payments through a single system. The partnership adds embedded payments to Superbench’s AI-powered customer engagement platform, covering transactions from online deposits to in-person point-of-sale… Read More

August 25, 2026 @ 5:34 am By Omar Faridi  |  

Absa Group is actively pursuing collaborations with financial technology firms as part of a broader effort to attract new customers. The approach centers on integrating the bank’s offerings into digital platforms that people already frequent regularly, according to insights shared by a top executive. This… Read More