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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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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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News
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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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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Tribal Collaborates with Brazil’s a55
2022-04-09T14:35:16.975+02:00
The companies have partnered to democratize financing in Latin America.
The collaboration will provide better credit alternatives to entrepreneurs.
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News
RITMO Receives $200 Million in Debt Financing
2022-04-09T07:38:55.877+02:00
The latest round was led by i80 Group and Avellinia Capital.
To date, the fintech platform has raised a total of $225 million in debt and equity financing.
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Executive Moves
Matt Komorowski Joins Volt as CRO
2022-04-08T14:07:57.618+02:00
He previously worked at PayPal for nearly 10 years.
The company has appointed Komorowski to accelerate its growth.
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Lithuanian Fintech Sector Saw Record Growth in 2021
2022-04-08T12:04:19.088+02:00
The country has a total of 147 licensed financial technology companies.
By the end of 2021, Lithuania’s fintech sector had 5,900 employees.
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FinTech
PayRetailers Acquires Paygol and Pago Digital to Bolster LATAM Market
2022-04-07T21:38:00.000+02:00
LATAM e-commerce market is worth $85 billion approximately.
Pago Digital is the official sponsor of the Colombian premier soccer league.
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FinTech
Adyen to Offer Tap to Pay Option on iPhone to Its Customers
2022-04-07T19:10:17.907+02:00
Adyen's US customers can accept contactless payments with their iPhones.
Lightspeed is one of Adyen's enterprise customers working on the feature.
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i2c Signs Partnership with Chinese Fintech Unicorn PingPong
2022-04-06T21:43:00.000+02:00
Merchants can access instant payouts through the product.
PingPong plans to offer commercial credit in new regions.
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CryptoCurrency
Nium Launches Crypto Accept API Solution
2022-04-06T19:08:35.054+02:00
It enables global businesses to accept crypto payments.
The API-based solution supports BTC and ETH payments.
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FinAccel Acquires Majority Stake in Indonesia’s Bank Bisnis
2022-04-05T09:07:32.143+02:00
The company is planning to enter the digital banking space.
For the acquisition, all regulatory approvals have been obtained.
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FinTech
Wise Partners Max to Open Up Israelis to Global Payment
2022-04-05T08:40:21.116+02:00
Max customers to send money abroad in 32 currencies including USD, EUR & GBP.
Wise says overseas transfers will now be cheaper and faster.
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Qred Launches New Payments Platform
2022-04-04T13:26:59.798+02:00
The company has raised €10 million.
The new platform has been designed to facilitate small businesses.
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Khazna Secures $38 Million in Series A Funding
2022-04-02T15:08:44.205+02:00
The equity round was led by Quona Capital.
Since the company’s inception, Khazna has raised $43 million.
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Fiserv Announces Completion of Finxact’s Acquisition
2022-04-02T08:05:03.650+02:00
In February 2022, the company signed a definitive agreement to acquire Finxact.
The acquisition will enhance Fiserv’s digital banking transformation.
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News
Klarna Introduces New Business Unit to Expand Open Banking Platform
2022-04-01T07:45:48.476+02:00
Klarna Kosma is a sub-brand of the fintech company.
According to Klarna, its financial technology platform now connects to over 15,000 banks.
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Adyen Releases New Embedded Financial Products
2022-04-01T03:28:00.000+02:00
The company unveiled 'Adyen for Platforms' and 'Issuing'.
'Issuing' will be included in a full suite of embedded financial products.
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Executive Moves
DTCC Announces Two New Members of Board of Directors
2022-03-30T23:13:00.000+02:00
William Capuzzi and Kelley Conway were appointed by DTCC.
DTCC has 22 directors on its Board of Directors as of press time.
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Equals Group’s Revenue Climbs 52% YoY in FY21
2022-03-30T09:11:45.001+02:00
Total revenue reached £44.1 million, compared to £29.0 million in FY20.
The gross profits also increased by 31% during the reported period.
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i2c Signs Partnership with Visa as Fintech Processor in MENA
2022-03-30T03:14:00.000+02:00
Visa's global network will be available to fintechs in the region.
i2c recently announced a collaboration with fintech startup KARTY.
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