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FinTech
Moneycorp Enters France, Hires Cyril Léger as Country CEO
2022-09-01T13:19:42.518+02:00
The French subsidiary of the company is based in Paris.
Léger brings more than 20 years of experience from working in the French markets.
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FinTech
Ebury Rebrands Division, Commits More to Alternative Investment Sector
2022-08-31T15:16:37.767+02:00
The rebranding is targeted at meeting the growing demand in the sector.
Ebury International Solutions offers forex risk management, etc.
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FinTech
Bitcoin Depot Announces $885M SPAC Nasdaq Plans
2022-08-31T10:12:26.812+02:00
Bitcoin Depot
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FinTech
Jupiter Fund Management to Sell Starling Bank's 10% Stake at Discount
2022-08-31T09:48:27.568+02:00
Jupiter Fund Management asks Citi to find a buyer.
Starling Bank is the first profitable digital bank in the U.K.
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News
Bango Announces Acquisition of NTT DOCOMO’s International Payment Business
2022-08-31T09:38:19.474+02:00
The gross consideration for the acquisition stands at around 4 million euros.
The company is planning to expand its global presence.
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Bilal Jafar
News
Lightnet Group Secures $50 Million Capital Commitment from LDA Capital
2022-08-30T12:25:00.502+02:00
The company is planning to expand its operations.
Lightnet is targeting growth opportunities in the payment and remittance space.
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FIS Launches New Central Infrastructure Payment Solution to Facilitate Global Payments
2022-08-29T10:02:07.136+02:00
RealNet Central allows countries to modernize and develop real-time payment networks.
The company is also introducing a CBDC Virtual Lab.
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Bilal Jafar
News
Tamara Secures $100 Million in Series B Funding Round
2022-08-26T12:57:23.787+02:00
The round was led by Sanabil Investments.
Coatue, Shorooq Partners and Endeavor Catalyst also participated in the funding round.
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Executive Moves
Wes Hummel Joins MX as Chief Technology Officer
2022-08-25T10:44:10.946+02:00
He previously spent almost 14 years at PayPal.
Hummel has more than 25 years of experience in the technology sector.
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News
Visa Token Service Sees a Sharp Surge in Demand
2022-08-25T10:10:44.881+02:00
The company has now issued more than four billion network tokens worldwide.
The Visa tokens have surpassed the physical Visa cards in circulation.
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Bilal Jafar
Institutional FX
iCapital Announces Plan to Buy US Alternative Investments Feeder Fund Platform from UBS
2022-08-24T10:38:19.683+02:00
The details of the agreement were not disclosed.
The transaction is expected to close in the second half of 2022.
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FinTech
Top Fintech Events in Europe
2022-08-17T16:50:32.761+02:00
Europe has become home to multiple fintech hubs, with London ranking as the most important.
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Payments
Best Payments Networking Events in UK
2022-08-16T16:53:14.757+02:00
London has emerged as one of the best cities for payments events in recent years.
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Broadridge’s Total Revenues Climb 12% in Q4 FY22
2022-08-13T10:20:13.860+02:00
Operating income came in at $342 million.
The adjusted operating income was $436 million.
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Finix Secures $30 Million in the Latest Funding Round
2022-08-12T13:39:33.655+02:00
The company has raised $133 million so far.
New and existing investors of Finix participated in the round.
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M-DAQ Completes Acquisition of Wallex
2022-08-10T14:07:28.878+02:00
The acquisition was first announced in February 2022.
M-DAQ is planning to expand its global presence.
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Op-ed
FM Home
Op-ed
Why the World Needs a Global Digital Bank
2022-08-10T09:46:33.452+02:00
The industry will have to work with governments to lower barriers for the underprivileged.
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Bruno Martorano
News
Flywire Sees 53% Increase in Q2 Revenues
2022-08-10T09:27:15.497+02:00
The total payment volume climbed 49% compared to the same period last year.
Gross profit came in at $33.2 million.
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FinTech
UK Firm FintechOS Appoints Radhika Chudasama as VP People, Global
2022-08-08T21:13:01.268+02:00
She was previously the Fintech OS’ People Director, Global.
Chudasama's career experience spans over a decade.
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Solomon Oladipupo
Payments
Top Payments Events in 2022
2022-08-03T17:17:37.354+02:00
There are several marquee payment and fintech events coming this fall.
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FinTech
United Fintech to Open New Office in Madrid Led by Erik Nordahl
2022-08-02T09:32:00.000+02:00
The new office is in the same building as Athena Systems.
Erik Nordahl will relocate to Madrid to monitor the developments of the key projects.
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Matti Williamson
Thought Leaders
Finalto Certified by Singapore FinTech Association (SFA)
2022-08-01T11:12:20.639+02:00
The certification is a benchmark qualification for the fintech industry in Singapore
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Executive Moves
MX Picks Jim Magats as Chief Executive Officer
2022-07-29T09:12:04.725+02:00
Magats will join the company’s Board of Directors.
He spent approximately 18 years at PayPal.
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FinTech
Amir Sadras, Founder of FUGU Says Merchants Can Significantly Reduce False Declines
2022-07-27T12:09:01.832+02:00
FUGU offers fraud solutions that track the client post-payment to combat false declines.
The verification process (such as KYC) can take place after the purchase is made.
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News
Worldline’s Revenue Jumps 12.6% YoY in H1 2022
2022-07-27T11:37:54.247+02:00
Revenue for the mentioned period came in at €2,020 million.
The company witnessed strong growth in the second quarter of 2022.
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