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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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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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FinTech
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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Mashreq Bank Introduces NEOPAY
2022-03-29T07:48:18.809+02:00
The service will provide issuer processing and acquiring processing services to financial firms.
NEOPAY will leverage the latest technology and innovation.
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SoftBank Leads $65 Million Funding Round of Digits
2022-03-28T14:25:19.392+02:00
The Series C investment round saw participation from GV and Benchmark.
So far, the company has raised a total of $97.5 million.
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Zepto Receives $25 Million in Series A Investment
2022-03-28T09:53:01.659+02:00
AirTree Ventures and Decade Partners have invested in Zepto.
The company aims to drive its international expansion through recent funding.
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Avast Announces Acquisition of SecureKey Technologies
2022-03-25T12:33:19.430+02:00
The deal is expected to close in early April 2022.
SecureKey provides digital identity and authentication solutions.
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Jeeves Gets $180 Million in Series C Funding
2022-03-25T09:34:42.450+02:00
The fintech platform also received a valuation of $2.1 billion.
The recent announcement comes nearly 7 months after the company’s Series B round.
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Thought Leaders
Valentina Drofa, Founder of Drofa Comms: Fintech Industry Going Global
2022-03-24T12:51:41.777+02:00
Ms. Drofa discusses the fintech market’s growth over the past several years.
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FinTech
Apple Reportedly Purchases Fintech Startup Credit Kudos
2022-03-24T01:38:00.000+02:00
No terms of the transaction were disclosed as of press time.
Apple could be entering the lending services market.
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Reach Raises $30 Million to Accelerate Expansion
2022-03-23T13:09:29.227+02:00
The investment round was led by Vistara Growth.
The funding includes investment from Bluesky Equities, Tribune Capital and Rising Tide.
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CMC Markets Connect to Host FinTech Panel, Celebrating Women's Day
2022-03-23T10:32:27.153+02:00
The panel will be held on March 31 in support of women in FinTech.
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Citi Ventures Joins $44 Million Series B Funding Round of ChargeAfter
2022-03-23T09:03:52.935+02:00
The company aims to increase the global BNPL financing network.
The investment round was led by The Phoenix.
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Trust Payments Launches Stor eCommerce Solution
2022-03-22T01:12:00.000+02:00
ISOs, banks and others can now sell Stor directly to US merchants via Trust Payments.
In early 2022, Trust Payments acquired the Stor technology.
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Ramp Secures $750 Million in Funding, Hits $8.1 Billion Valuation
2022-03-21T15:43:11.788+02:00
The investment includes $200 million in fresh equity funding led by Founders Fund.
Ramp’s major existing investors also participated in the round.
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ClearBank Receives £175 Million Investment for Global Expansion
2022-03-21T11:58:52.004+02:00
The company aims to increase its range of products.
The funding was led by Apax Digital.
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JPMorgan Invests in Oakbrook Finance
2022-03-19T11:11:05.115+02:00
Oakbrook Finance has raised £142 million in new funding.
Atalaya Capital Management also joined the funding.
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Luno to Support Fintech and Crypto Startups through Investment Arm
2022-03-17T11:21:58.087+02:00
The company is planning to accelerate the development of fintech and the crypto ecosystem.
It has already made more than 20 investments.
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CySEC Calls for Views on Establishing a Regulatory Sandbox
2022-03-16T19:37:00.000+02:00
Stakeholders are invited to submit their interest in participating via email.
This project aims to 'build on the success' of CySEC’s Innovation Hub.
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