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News

XTM Accelerates US Roll Out with Apple Pay and Google Pay

  • The roll out will support payments.
  • All ‘Today Card’ holders will be able to make payments through mobile devices.
Wednesday, 16/03/2022 | 14:35 GMT by Bilal Jafar
FinTech

Israel Fintech Sector Witnesses Strong Funding Figures in 2021

  • Fintech startups received 17% of Israeli tech investments.
  • Fintech companies accounted for 23% of all Israeli IPOs and SPAC mergers in 2020 and 2021.
Tuesday, 15/03/2022 | 19:19 GMT by Felipe Erazo
FinTech

German Prosecutors Indict Wirecard’s Former CEO

  • Markus Braun could face several years in prison if found guilty.
  • He was accused in a 474-page indictment.
Monday, 14/03/2022 | 21:43 GMT by Felipe Erazo
News

Cardlay Receives $6 Million Capital Injection

  • The fintech firm has appointed Morten Gade Christensen as the new CTO.
  • The capital injection will drive the company’s product development and expansion.
Thursday, 10/03/2022 | 09:16 GMT by Bilal Jafar
News

Sila Partners with Corpay to Expand Cross-Border Payment Capabilities

  • The partnership will expand Sila's access to global FX markets.
  • Payment options for domestic and international transactions will be integrated.
Wednesday, 09/03/2022 | 19:41 GMT by Felipe Erazo
News

Blackstone Makes £140 Million Strategic Investment in Currencies Direct

  • Currencies Direct is a prominent digital FX and global payments platform.
  • The transaction is expected to close by the end of Q1 of 2022.
Tuesday, 08/03/2022 | 12:19 GMT by Bilal Jafar
News

Tabby Raises $54 Million in Latest Investment Round

  • The fintech firm is based in the UAE.
  • Sequoia Capital India and STV led the recent financing.
Monday, 07/03/2022 | 11:19 GMT by Bilal Jafar
News

N26 Plans to Accelerate IPO Efforts

  • According to its co-founder, the company will be structurally ready for IPO by the end of 2022.
  • In October 2021, N26 raised $900 million in a Series E funding round.
Thursday, 03/03/2022 | 09:26 GMT by Bilal Jafar
News

Flywire’s Revenue Climbs 53% in FY 2021

  • Total payment volume increased sharply during the mentioned period.
  • However, the company’s net loss came in at $28 million in the fiscal year 2021.
Thursday, 03/03/2022 | 08:17 GMT by Bilal Jafar
News

Shift4 Acquires Finaro in a Deal Worth $575 Million

  • Both companies will support merchants with efficient payment solutions.
  • Through the acquisition, Shift4 will be able to expand its current services worldwide.
Wednesday, 02/03/2022 | 09:52 GMT by Bilal Jafar
News

Puremarkets Announces Partnership with Cobalt

  • The companies are planning to bring innovative credit and post-trade solutions to the market.
  • The collaboration will form a robust market for price discovery.
Tuesday, 01/03/2022 | 12:48 GMT by Bilal Jafar
CryptoCurrency

Survey Finds Majority of Saudis Aware, but Only a Few Invest in Crypto

  • Many Saudi residents invest in cryptocurrencies to diversify their portfolio.
  • Government initiatives help to promote crypto investing in Saudi Arabia.
Monday, 28/02/2022 | 16:00 GMT by Nicholas Otieno
News

Klarna’s Net Operating Income Hits $1.6 Billion in 2021

  • The US became Klarna’s fastest-growing key market by volume.
  • Gross merchandise volumes touched $80 billion in 2021.
Monday, 28/02/2022 | 13:59 GMT by Bilal Jafar
Executives

Blanco Appoints New CEO, Raises €3M for Further Expansion in Europe

  • Blanco wants to continue to grow in Europe.
  • The B2B fintech start-up hires a new CEO to spearhead growth.
Monday, 28/02/2022 | 08:44 GMT by Nicholas Otieno
FinTech

NayaPay Grabs a $13 Million Funding Round to Expand Pakistan’s Digital Payments

  • NayaPay wants to expand its product offerings for businesses and users in Pakistan.
  • The fintech said that there is a significant gap in product delivery in the country.
Monday, 28/02/2022 | 08:19 GMT by Nicholas Otieno
News

Circle Launches New Account for Business Growth

  • The product is now available to all new and existing customers.
  • The company aims to boost the adoption of digital assets.
Saturday, 26/02/2022 | 14:31 GMT by Bilal Jafar
News

Core Banking Technology Company Thought Machine Partners with HD Bank

  • HD Bank is a leading financial services provider in Vietnam.
  • The Bank is planning to deploy modern technology.
Saturday, 26/02/2022 | 12:47 GMT by Bilal Jafar
News

India’s Niyo Raises $100 Million in Series C Funding Round

  • Niyo is a neo-banking platform based in India.
  • The investment round was led by Accel & Lightrock India.
Friday, 25/02/2022 | 11:01 GMT by Bilal Jafar
News

FeeX Changes Name to Pontera, Receives $80 Million in New Investment

  • The company has raised the investment across three recent funding rounds.
  • The rounds were led by Lightspeed Ventures.
Wednesday, 23/02/2022 | 13:20 GMT by Bilal Jafar
Executive Moves

Laurence Krieger Leaves Fintech Firm Tide

  • He was serving as the CEO of Tide UK.
  • Krieger previously worked as Chief Operating Officer at Revolut.
Wednesday, 23/02/2022 | 12:41 GMT by Bilal Jafar
News

Fintech Company Weavr Closes $40 Million Series A Funding Round

  • Weavr is now eyeing an official launch in the United States.
  • Tiger Global led the recent Series A investment round.
Wednesday, 23/02/2022 | 09:12 GMT by Bilal Jafar
FinTech

Mizuho Americas Taps Quantifi to Support Its Growing Equity Derivatives Platform

  • Mizuho plans to integrate Quantifi’s technology on its derivatives platform.
  • The integration would provide Mizuho with a seamless flexible robust infrastructure.
Wednesday, 23/02/2022 | 08:03 GMT by Nicholas Otieno
FinTech

SoFi to Acquire Technisys Banking Software Firm for $1 Billion

  • SoFi sees the deal as important for its business development.
  • The acquisition is the latest aim to transform the lender into a one-stop financial shop.
Tuesday, 22/02/2022 | 16:00 GMT by Nicholas Otieno
Thought Leaders

FYNXT Announces New Integration with Shufti Pro

  • The new partnership will help brokers perform KYC/AML compliant ID checks.
Tuesday, 22/02/2022 | 14:19 GMT by FYNXT
FinTech

Qantas Loyalty Taps Airwallex to Expand Its Financial Services Offerings

  • ‘Qantas Business Money’ platform will be powered by Airwallex’s technology.
  • The partnership will see Qantas customers gain access to its financial services.
Tuesday, 22/02/2022 | 07:15 GMT by Nicholas Otieno
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