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News
Klarna’s Workforce Cut: Fintechs Come to the Rescue
2022-05-27T11:15:07.167+02:00
The Swedish company recently announced that it is planning to cut 10% of its global workforce.
Fintech giants like Revolut and Wise said that they are hiring for hundreds of open roles.
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FinTech
Analysis
Buy Now, Pay Later: Is It Another Debt Trap?
2022-05-25T06:54:00.568+02:00
BNPL industry is projected to grow at 20.7 percent annually.
Several BNPL companies are now entering the B2B space as well.
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Stripe Launches Its Own App Marketplace
2022-05-25T03:21:00.000+02:00
It will include over 50 apps from providers like Dropbox and Mailchimp.
Stripe Apps will allow businesses to streamline operations with new integrations.
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Temenos Releases ESG Investing-as-a-Service Offering
2022-05-24T23:17:00.000+02:00
The service is offered to banks and wealth managers.
It will run through Temenos Banking Cloud.
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News
Radial Signs Deal with Adyen to Integrate Payments Solution
2022-05-24T19:27:00.000+02:00
Radial, Inc. is a bpost group company.
The offering will target clients in the US and Canada.
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Executive Moves
Xceptor Announces Key Senior Appointments
2022-05-24T11:44:59.923+02:00
Josh Monroe has joined the firm as Chief Revenue Officer.
The company has selected Ludovic Blanquet as Chief Strategy and Transformation Officer.
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CryptoCurrency
Blockchain Funding in Africa Beats Others down 11 Times: Report
2022-05-23T21:41:28.980+02:00
Blockchain firms' funding skyrockets to 1,668% YoY in Q1 of 2022.
CV VC's new fund will invest in 100 startups in Africa.
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CryptoCurrency
Binance Partners with UK’s Fintech Founders
2022-05-23T19:08:11.045+02:00
Binance says it is committed to the growth of the blockchain ecosystem.
Users can now sell their crypto in exchange for 11 fiat currencies.
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News
Xendit Receives $300 Million in Series D Funding
2022-05-23T10:53:00.522+02:00
The payments platform closed its Series C investment round last year.
Xendit aims to increase the use of digital tools in the payment sector.
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Executives
BridgerPay Hires Laoura Salveta to Lead Marketing Team
2022-05-20T15:59:55.270+02:00
Salveta brings over 20 years of marketing experience to the role.
The move precedes BridgerPay's The Future of Payments event.
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Mastercard Announces Strategic Collaboration with OPay
2022-05-20T12:34:44.257+02:00
The partnership will facilitate a cashless ecosystem.
According to Mastercard, the partnership is an important part of the company’s emerging market strategy.
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FinTech
Ripple Dedicates $100m to Carbon Removal, Climate Fintech Companies
2022-05-19T17:58:55.569+02:00
The fund will support innovation on the XRP Ledger.
The ultimate goal is to limit the rise of global temperature to 1.5°C.
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News
Nium Expands Payment Services in Malaysia
2022-05-19T11:13:08.949+02:00
The real-time payments services are now available in the region.
In 2021, Malaysia recorded 1.1 billion real-time payment transactions.
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Executive Moves
FINBOURNE Technology Picks Robert Byrne as CTO
2022-05-19T09:51:03.292+02:00
Byrne previously worked with RBS and UBS Delta.
The fintech company is planning to expand its presence in North America.
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FinTech
Israeli Firms Max and BOG to Launch Card That Offers Bitcoin Cashbacks
2022-05-18T19:11:37.222+02:00
MaxBack Crypto Card is to be launched in the coming weeks.
Companies say the new move is to connect Israelis to the world of digital currencies.
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South African Firm Introduces XUS Stablecoin
2022-05-18T15:29:31.726+02:00
Xago supports USD and USDC payments.
Firm targeting low-cost international payments for Africans.
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News
Deutsche Bank Announces Collaboration with FinLync
2022-05-18T11:19:47.973+02:00
The partnership will facilitate corporates through instant access to real-time treasury.
FinLync is a global financial technology company.
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Temenos Announces the Official Launch of CEO Navigator
2022-05-18T03:17:00.000+02:00
The brand-new service offers insights from over 100 banks.
CEO Navigator is a subscription-based customer value benchmarking and advisory service.
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Equinix and Colt Extend Collaboration to Facilitate Digital Transformation in France
2022-05-17T16:38:25.970+02:00
Enterprise customers will take advantage of the recent partnership extension.
Both companies first announced their collaboration in 2017.
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RockFlow Secures $10 Million in Angel Round Funding
2022-05-17T09:10:44.554+02:00
RockFlow has raised the funds from BlueRun Ventures and other VC firms.
The company aims to create a one-stop investment platform.
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Executive Moves
Delta Payment Solutions Picks Stacey Wiles as New CEO
2022-05-14T11:07:42.225+02:00
She will succeed Irwin Grossman.
Stacey is a prominent business leader with nearly two decades of experience.
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Franklin Resources and Motive Partners Join TIFIN’s $109 Million Funding Round
2022-05-13T09:39:05.224+02:00
The Series D round increases the valuation of TIFIN to $842 million.
The capital will support TIFIN’s growth plans.
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Payments
Ebury Acquires Bexs to Expand Global Payments Offering
2022-05-12T09:27:44.643+02:00
The move will enhance Ebury’s presence in Brazil.
The acquisition is subject to regulatory approval.
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Flywire’s Revenue Jump 43% YoY in Q1 2022
2022-05-11T08:26:16.495+02:00
The total payment volume during the first quarter climbed 46%.
However, the company posted a net loss of $10.1 million in the recent quarter.
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News
Flagstone Gets Regulatory Approval from JFSC
2022-05-10T12:57:25.309+02:00
The company aims to expand its international presence.
Andrew Thatcher has become the CEO of Flagstone International.
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