Tagged: fintech

Mastercard: 78% of All Transactions Across Europe Are Now Contactless

Mastercard recently announced that 78% of all transactions across Europe are now contactless. The financial giant revealed it is committed to enabling 42 countries to raise their spending limits in order to help people everywhere benefit contactless pay. “With 89% of people asked agreeing that… Read More

U.S. Fintech PruPay Joins Forces With PayPal to Launch Touchless Payments

  PruPay, a U.S.-based payments technology company, announced on Thursday it is joining forces with PayPal to launch touchless pay for customers through text messaging. PruPay states it works with some of the “largest players” in the financial industry to bring simple solutions to complex problems…. Read More

Digital Banking Solution Meniga Secures €8.5 Million Through Latest Strategic Investment Round Led By Groupe BPCE

Meniga, a UK-based digital banking solution, announced on Thursday it secured €8.5 million through its latest strategic investment round, which was led by French banking group Groups BPCE with participation from Grupo Crédito Agrícola, UniCredit, Velocity Capital, Industrifonden, and Frumtak Ventures. Founded in 2009, Meniga… Read More

Stripe Announces Launch in Five More European Countries

Payments platform Stripe announced on Wednesday it has expanded its services to five more European countries. Stripe reported it will be generally available in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta.  While sharing more details about the launch, the Stripe team stated: “[We have]… Read More

Singapore Fintech GoBear Secures $17 Million Through Latest Investment Round to Expand Financial Services For Asian Markets

GoBear, a Singapore-based fintech, has reportedly secured $17 million through its latest investment round. The investment brings GoBear’s total funding to $97 million. Founded in 2014, GoBear claims to be Asia’s leading financial supermarket whose purpose is to improve financial health. The platform empowers consumers… Read More

WorldRemit Announces New Partnership With Onfido

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Tuesday it has formed a new partnership with global identity verification and authentication company, Onfido, to make it easier and quicker for its customers to open an account and send money abroad…. Read More

Canadian Fintech XTM Announces Expansion of Cashless Ecosystem With RBC & Interac

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it is using the Interac Bulk eTransfer solution offered by RBC (TSE: RY) to help its business clients facilitate near real-time payments. According to XTM, the solution allows XTM customers or Today… Read More

DriveWealth Joins Forces With AI Wealth Management Platform INDmoney to Bring U.S. Stock Investing Technology to INDmoney Clients

Digital brokerage solution provider DriveWealth announced on Thursday it is joining forces with INDmoney, an artificial intelligence (AI) and machine-learning-based wealth management platform in India, to bring U.S. stock investing technology and capability to INDmoney clients. DriveWealth reported that the collaboration with INDmoney is the latest… Read More

India Fintech Startup Jingle Pay Set to Bring Neobanking Services to the Middle East

Jingle Pay, an India-based neobanking startup, announced on Thursday it is launching its fintech services into the United Arab Emirates (UAE). Launched in 2019, Jingle Pay offers social payment solutions for individuals and businesses on mobile as well as desktop platforms. “Jingle Pay has digitized… Read More

ZYNLO Launches Digital-Only Banking Services in Anchorage, Alaska

ZYNLO Bank (ZYNLO), a digital-only startup powered by PeoplesBank, has launched its banking service in Anchorage, Alaska. Founded earlier this year, ZYNLO describes itself as a digital-only bank designed to make banking just a bit easier for all consumers. “We believe we offer the ideal combination… Read More

Canadian Fintech XTM Signs Additional 80 Food Delivery Stores For Today’s Card Program

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it has signed an additional 80 food delivery stores for its Today Card and Mobile Wallet program. XTM reported it continues to sign up a record number of restaurant delivery… Read More

MoneyGram Joins Forces With Korean Fintech E9Pay

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Tuesday it has formed a new partnership with E9Pay, a money transfer and payment fintech company based in Korea. According to MoneyGram,  the partnership enables E9Pay customers to connect to the MoneyGram platform and distribution network… Read More

Wirex Announces Plans to Diversify Funding Options for Russian Customers

  Wirex, a UK-based payments platform, announced on Tuesday it is diversifying its funding options by allowing customers in Russia to fund their accounts by allowing top-ups using domestic bank cards. According to Wirex, users may now link their bank-issued credit or debit card to… Read More

U.S. Fintech FinMason Launches First Phase of Accessible Fixed Income Analytics For Wealth Management & Asset Management Communities

FinMason, a U.S.-based fintech and investment analytics provider that enables WealthTech platforms to accelerate development and time-to-market, announced on Monday it has launched the first phase of its fixed income analytics offering for the retail wealth management and asset management communities. FinMason reported that phase… Read More

Sweden Fintech Anyfin Secures $30 Million Through Series B Funding Round Led By EQT Ventures

Anyfin , a Sweden-based fintech startup that enables consumers to refinance their existing loans with a picture, announced on Thursday it secured $30 million through its Series B funding round, which was led by EQT Ventures with participation from Accel, Northzone, Fintech Collective and Global… Read More

Nordea Joins Forces With Tink to Enable Multi-Banking For Mobile App Customers

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Friday it has joined forces with Nordic banking group Nordea to enable multiple banking for mobile app customers According to Tink, the integration will deliver a personalized financial overview for the… Read More

Monzo Moves Faster Payments Connection In-House

UK challenger bank Monzo announced on Wednesday it has moved its Faster Payments connection in-house. The digital banking group revealed that the decision to shift in-house was due to the problems making and receiving bank transfers last May. Monzo reported: “At the time of the… Read More

Rapyd Set To Waive FX and Processing Fees in an Effort to Help Consumers Receiving Payments During COVID-19 Pandemic

Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has launched a new initiative, the Rapyd Social Responsibility and will be waiving foreign exchange and processing fees on the first $100,000 in total processing volume for new businesses in the U.S., Brazil, and Mexico that… Read More

Plastiq Releases Free Credit Card Acceptance Product to Help Businesses Through COVID-19 Pandemic

Plastiq, a U.S.-based intelligent payments solution for small business, announced on Wednesday it is launching its card acceptance product ahead of its original third quarter 2020 debut. The company reported the acceleration of the product’s launch is due to the COVID-19 pandemic, which was infamously… Read More

Payments As a Service API Platform Modulr Raises £18.9 Million in Growth Funding

Modulr, a Payments as a Service API Platform for digital businesses, announced on Wednesday it secured £18.9 million in growth funding to further develop its platform and expand into new products and markets. The funding round was led by European growth capital firm Highland Europe… Read More

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