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Fintech
Europe's Economic Crossroads: Recession Fears and S&P Global's
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FinTech
eToro Secures Two-Year Sponsorship Deal with Bayer 04 Leverkusen
2024-09-02T11:48:45.819+02:00
The agreement includes advertising at BayArena during match days.
The firm also ran an AI-generated ad campaign during the Paris 2024 Olympics.
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FinTech
Mastercard Takes On Fraud with Biometric Passkey Launch in India
2024-08-29T12:28:04.007+02:00
The service replaces traditional passwords and OTPs with fingerprints or facial scans.
It uses tokenization to protect payment and biometric data, reducing the risk of unauthorized access.
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Thought Leaders
Ufunded.com Further Strengthens Platform with Native TradingView Integration
2024-08-27T09:52:49.750+02:00
Ufunded.com’s users can now chart and trade their provided funding on TradingView’s charts
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FinTech
Manchester City Strikes Deal with Corpay for FX Solutions and Payment Handling
2024-08-22T14:39:23.914+02:00
The firm is appointed the official FX partner, offering payment solutions for both the men's and women's teams.
Meanwhile, the firm expands US operations through acquisition of GPS Capital Markets.
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Payments
Swiss Banks Dive Into Instant Payments, Capturing 95% of Retail Transactions
2024-08-21T10:24:09.584+02:00
The SNB expects full adoption of instant payments by all banks by 2026.
Around 60 Swiss banks now process instant payments, enabling transfers within 10 seconds.
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FinTech
PayPal and Adyen Double Down on US Expansion with Fastlane Checkout
2024-08-20T13:23:25.588+02:00
PayPal's Fastlane improves conversion by 80% and reduces checkout time by 32%.
Both firms have partnered for years, enabling Adyen's clients to offer PayPal, Venmo, and BNPL.
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FinTech
Adyen Expands in India with RBI Approval for Online Payment Aggregation
2024-08-15T08:00:44.927+02:00
The Bengaluru hub will support local merchants and tap into India's tech talent.
The platform supports credit, debit, and local payment methods like UPI for transactions.
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Payments
Nubank's Q2 Earnings Surge 65% as Customer Base Hits 104.5 Million
2024-08-14T10:16:39.865+02:00
The fintech reported record Q2 2024 results, with net income doubling to $487 million and revenue reaching $2.8 billion.
The customer base surpassed the 100 million milestone mainly due to growth in Brazil and Colombia.
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FinTech
ClearBank Secures ECB Licence, Introduces Euro Accounts and Payments
2024-08-09T11:35:50.202+02:00
The cloud-native platform and model set it apart from legacy European banks.
ClearBank will hire over 60 staff as part of its five-year European expansion.
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FinTech
Standard Chartered Comes Onboard with United Fintech to Move the Needle in Fintech
2024-08-08T09:45:41.229+02:00
Investment includes Board observer rights and potential for a rotational Board seat.
United Fintech offers a platform for fintech partnerships and innovation in capital markets.
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FinTech
Flywire Brings In Invoiced to Rev Up B2B Payments and Software Solutions
2024-08-07T10:51:52.712+02:00
The deal is expected to add approximately $2 million in revenue for the fiscal year 2024.
Invoiced’s A/R platform integrates with accounting systems and is recognized by G2 Crowd.
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Payments
Southeast Asian Fintech Adoption to Hit 60% by 2030, UnaFinancial Says
2024-08-06T13:27:04.535+02:00
The Philippines leads the region in mobile fintech usage, with Indonesia showing the fastest growth.
Digital wallets and mobile banking are two leading segments of popular apps.
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FinTech
UK Fintech Investment Soars to $7.3 Billion in H1: EMEA Investment Falls
2024-08-06T11:53:53.898+02:00
Geopolitical uncertainty, inflation, and high interest rates have subdued investment compared to 2021.
EMEA fintech investment dropped from $19.1 billion in H2 2023 to $11.4 billion in H1 2024.
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Payments
Revolut Expands B2B Services to Singapore, Offering Global Payment Solutions
2024-08-06T06:32:54.160+02:00
The firm introduces four business plans in Singapore with free trials.
The B2B platform provides multi-currency accounts, debit cards, and access to over 150 currencies.
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Thought Leaders
The Role of Tech Australia Advocates in Shaping the Future of Fintech and Beyond
2024-07-31T13:26:00.883+02:00
The mission of the Global Tech Advocates network, which connects over 30,000 tech leaders worldwide, is to drive global collaboration.
Currer highlights the importance of community engagement in fostering Australia's startup ecosystem and outlines emerging trends in fintech, including decentralization and regional innovations.
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FinTech
eToro Launches Staking for Solana and Ethereum: Intro Days and Eligibility
2024-07-31T11:23:17.102+02:00
Rewards are available to eligible users who meet conditions and are subject to staking risks.
Solana users are automatically enrolled in staking, while Ethereum users must opt in.
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FinTech
Revolut Becomes a UK Bank, but What Does a 'Mobilisation' Stage Mean?
2024-07-25T11:53:54.050+02:00
Revolut has up to 12 months to exit the ‘mobilisation’ stage.
The fintech will continue to offer services as a payment institution while it is in the ‘mobilisation’ stage.
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Thought Leaders
Ufunded.com Unveils High-Tech Headquarters in Dubai’s Iconic Opus Tower
2024-07-23T16:46:01.185+02:00
Ufunded.com sets a new benchmark for the industry.
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FinTech
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
2024-07-23T12:53:51.699+02:00
Mintos aims to diversify Portuguese portfolios dominated by real estate and current accounts.
Only 5% of people actively invest their money in stocks or bonds.
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FinTech
The UK's Bud Taps Lithuania as European Hub amid Fintech Boom
2024-07-22T10:22:32.468+02:00
The UK-based financial data intelligence platform received an AIS Provider license.
The company aims to expand its team in Vilnius, which became a "mature fintech hub."
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FinTech
Fintech Mintos Targets Cautious Czech Investors in Latest European Push
2024-07-18T11:26:45.274+02:00
Multi-asset platform aims to cater to cautious Czech investors with new portfolio options.
They include both traditional and alternative assets like loans, bonds and ETFs.
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FinTech
eToro Ventures into Italian Fintech through Collaboration with SDA Bocconi
2024-07-15T18:18:22.567+02:00
The Hub aims to connect companies, startups, and researchers while offering learning opportunities.
eToro will help design an event focused on the fintech industry's role in financial markets.
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FinTech
N26 Launches Stocks, ETFs Trading and Investment Management in Ireland
2024-07-10T13:34:14.362+02:00
The platform offers over 500 European and US stocks initially, with plans to expand to more.
The firm offers free monthly trades to N26 You and N26 Metal members, along with access to free Investment Plans.
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FinTech
$40B Valuation Lures Revolut CEO to Sell Up to "Hundreds of Millions of Dollars" in Stake
2024-07-08T07:21:07.456+02:00
The British fintech is seeking a valuation of $40 billion for the upcoming secondary sale.
It closed the year 2023 with a pre-tax profit of £438 million.
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FinTech
Adyen and noon Team Up to Enhance Middle East Digital Economy
2024-07-03T18:43:18.187+02:00
The collaboration aims to streamline payments, reduce fraud, and improve the shopping experience.
Since its establishment in 2017, noon has developed into a digital ecosystem serving the UAE, KSA, and Egypt.
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