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News
Payroc WorldAccess Purchases Worldnet
2022-04-23T06:55:06.092+02:00
The acquisition will facilitate Payroc’s expansion in the payments industry.
Payroc is backed by the private equity firm, Parthenon Capital.
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Tarabut Gateway Receives License from DFSA
2022-04-22T14:16:39.067+02:00
The company has received the license to provide money services in and from DIFC.
Tarabut Gateway aims to cement its place in the UAE.
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Citi Partners with EBANX to Facilitate Institutional Clients in Latin America
2022-04-22T10:06:19.915+02:00
The company has collaborated with EBANX to provide an end-to-end digital collection solution.
Citi aims to expand the e-commerce payment offering for its institutional clients.
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Executive Moves
Finastra Welcomes Isabel Fernandez to Expand Lending Business
2022-04-22T07:43:28.997+02:00
Isabel has joined the company as the EVP, Lending Business Unit.
She recently worked at ING as Global Head of Wholesale Banking.
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FinTech
QPay to Give Up £2 Million to FCA after Court Order
2022-04-21T17:00:13.079+02:00
UK regulator says fund connected to illegal activities in the US.
FCA, other authorities to use the money to fight crime.
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Marqeta Introduces New Solution for Card Issuers to Combat Payment Card Fraud
2022-04-21T14:25:40.960+02:00
The new suite of products will make payments more secure.
Marqeta’s data-driven RiskControl offering allows users to enhance risk management.
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Citi and State Street Participate in FundGuard’s $40 Million Funding
2022-04-21T10:19:28.749+02:00
The funding brings the total investment in FundGuard to more than $55 million.
Citi and State Street have joined FundGuard’s existing investors in the Series B round.
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Paysend Opens Its Official Americas Headquarters in Florida
2022-04-20T03:23:00.000+02:00
Over the past four years, Paysend has grown by 14,498%.
Miami startups raised $4.6 billion in 2021.
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News
Societe Generale Introduces Payment & Transaction Banking Accelerator
2022-04-19T11:03:27.051+02:00
The program will support startups working on cash management and trade finance.
The six-month incubation period will start in September 2022.
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Algo Trading
Tradency Expands Its F-PaaS Offering
2022-04-19T01:38:00.000+02:00
The provider unveiled new APIs.
The offering is now available for integration with a wide range of financial applications.
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Voyager Innovations Secures $210 Million in Funding
2022-04-16T14:00:11.005+02:00
The firm is now valued at almost $1.4 billion.
Voyager is the company behind PayMaya and Maya Bank.
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Cross River Collaborates with Revolut
2022-04-16T09:21:57.981+02:00
The partnership will deliver more affordable access to credit.
Going forward, Revolut is planning to boost its presence in the US.
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Executive Moves
Stripe Names James Phillips as President of Financial Services
2022-04-16T08:03:16.996+02:00
Phillips joins the company from Microsoft.
According to Stripe, Phillips will play a key role in the company’s expansion.
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OPay Receives Approval from CBE to Issue Prepaid Cards
2022-04-15T13:25:09.091+02:00
The company is planning to issue 200,000 prepaid cards in the first phase.
OPay has partnered with Masria Digital Payments (MDP).
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FinTech
Nigerian Fintech Leaders React to Flutterwave Allegations
2022-04-14T08:15:36.461+02:00
CEO Agboola was accused of insider trading, stock options fraud and sexual harassment.
US SEC declined FOIA request, report says
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ABN AMRO Expands Collaboration with Temenos
2022-04-14T07:54:35.813+02:00
The bank has recently signed a multi-year subscription extension.
ABN AMRO aims to boost innovation and speed of software delivery.
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News
Zevoy Receives €15 Million in Funding
2022-04-13T10:47:42.721+02:00
Blossom Capital led the investment round.
The fintech company is planning to enter new markets in Q2 of 2022.
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BlackRock Joins Circle’s $400 Million Funding Round
2022-04-13T07:56:35.988+02:00
Fidelity, Marshall Wace and Fin Capital also participated in the investment round.
Circle is the issuer of the stable coin (USDC).
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Executives
Boku CFO, Keith Butcher, to Become LHV UK's Second INED
2022-04-12T14:28:35.879+02:00
Butcher to join the risk, audit, remuneration and nomination committees.
He has been a CFO at Boku, PaySafe Group and DataCash Group.
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Thought Leaders
BURJ CEO AWARDS – Global Trade Capital Group Wins “BEST FINTECH” Award
2022-04-12T12:28:27.033+02:00
This is the second “Best Fintech” award for GTC group this year by the BURJ CEO AWARDS.
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News
OneConnect Establishes Strategic Partnership with Pismo
2022-04-12T10:26:01.710+02:00
Through the collaboration, the company has entered the Banking SaaS space.
OneConnect is also planning to expand its services in SEA and the Middle East.
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Executive Moves
Neon Selects Koji Pereira as Chief Design Officer
2022-04-12T08:12:30.388+02:00
Pereira has over 20 years of experience in the design field.
He previously worked as Senior Product Design Manager at Twitter.
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Brazilian Fintech Stark Bank Secures $45 Million in Investment Round
2022-04-11T19:26:00.000+02:00
Bezos Expeditions participated in the funding round.
The fintech raised $13 million four months ago.
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Tranglo Introduces Business Payment Solution
2022-04-11T13:33:24.878+02:00
The solution will facilitate businesses in global payments.
According to Tranglo, its new service will assist corporates of all sizes.
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News
Propel and Acel Lead Truora’s $15 Million Funding Round
2022-04-11T12:13:14.459+02:00
Truora plans to expand its presence in Mexico through recent funding.
Propel is a fund that manages BBVA’s financial technology investments.
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