LatAm paytech start-up Liquido launches from stealth with $26m in funding
The firm says its payments infrastructure will “modernise and democratise” digital payments for LatAm businesses.
API
Banking super-apps, marketplaces, ecosystems and platforms
You should always have a clear understanding of exactly what you’re building before you get started.
US paytech Finix is now officially a payments processor
The Infrastructure-as-a-Service firm now has direct connections to all major US card networks to process payments.
Tarabut Gateway lands $32m in Series A funding
With the new funding, the Dubai-based firm plans to expand its footprint in Saudi Arabia.
TAS acquires fellow Italian software provider Mitobit
The acquisition is the fourth for TAS Group since July 2022.
Pakistan’s UBL Fund Managers taps Codebase for digital onboarding solution
The omnichannel digital onboarding solution has been built using Codebase’s Digibanc platform.
FinTech Futures Jobs: How to approach a data engineering interview differently
Explore thousands of open roles on the FinTech Futures Job Board today.
Home management data platform AskHomey acquired and set to shutter
The firm says users should download their data before the app closes in the summer.
Smile Identity acquires Appruve to expand across Africa
With the acquisition, Smile Identity aims to expand its reach across Ghana and francophone Africa.
The future is FedNow: how the new RTP service is aiming to future-proof US payments
FedNow has the potential to drive innovation, broaden financial inclusion and improve cash flow.
UK’s FCA selects NayaOne to build and operate Digital Sandbox platform
The Digital Sandbox provides a “safe and secure” environment for companies to build and test their products.
Intellect launches new open finance-based core banking platform, eMACH.ai
Intellect claims its new cloud-based platform is the largest of its kind in the world, offering 1,214 API connections.
US core banking tech provider Corelation signs two new clients in Hawaii
Corelation has signed Hawaii Community FCU and Pearl Hawaii FCU as its new clients.
FinTech Futures: Top five stories of the week – 14 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Georgia United Credit Union taps Jack Henry for digital banking platform
The scalable platform is built on an open-API infrastructure, allowing the credit union to customise features.
KeyBank taps Qolo for virtual accounts and digital payments solutions
The bank’s clients will now be able to utilise ACH, wire transfer and real-time payments.
Crypto API provider Wyre names Stephen Cheng as new CEO
Cheng has served as interim CEO for Wyre since January 2023.
UK payments start-up Ryft secures FCA licence
The company raised £1.5 million in a seed funding round last year.
Tarabut Gateway appoints Chun Ong as new chief operating officer
Ong joins from UK digital mortgage lender Molo, where he spent three years as COO.
Malaysian fintech Soft Space raises $31.5m in Series B1 funding round
The Malaysian payments platform plans to boost its global expansion and further develop its tech.
US Bank partners Kyriba for real-time business payments solution
US Bank and Kyriba clients can now send instant payments to vendors, customers and employees.
Compliance regtech Fourthline secures €50m in fresh funding
Finch Capital increased its stake in the company after having led Fourthline’s previous funding round.
ICYMI fintech funding round-up: Toku, Finverity, Lumiant and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Seattle Bank partners LoanStar for embedded consumer lending solution
Seattle Bank customers can now access loans for high-value transactions directly through merchants.
Video: Infosys Finacle CEO Sanat Rao on the need for business model innovation in banking
Infosys Finacle CEO Sanat Rao discusses the key business model archetypes that will shape the future of banking.
UK fintech Paytrix lands $18.3m in Series A funding round
The Series A follows a pre-seed funding round held last year, when it raised £5 million.
Zenus Bank acquires FUEX Payments for undisclosed sum
Founded last year and based in Puerto Rico, FUEX Payments operates in the Caribbean and Latin American markets.
Visa and Mastercard reportedly in talks to acquire Pismo
Visa has reportedly submitted a bid of $1.4bn after an initial offer of $1bn was rejected by Pismo.
Ingenico acquires smartphone payment acceptance fintech Phos
Phos enables merchants to accept payments directly from NFC-enabled Android devices.
Video: First Direct at FinovateEurope 2023 – The future of open banking
Saira Khan, head of innovation and partnerships at First Direct, discusses what the future might hold for open banking.
Video: CompoSecure at FinovateEurope 2023 – Security and innovation in digital payments
Dr Adam Lowe of CompoSecure discusses how to combat the growing number of cybersecurity threats in digital payments.
JP Morgan to pilot biometric payments in the US
If the pilot is successful, JP Morgan intends for a wider rollout to US merchants in 2024.
ICYMI fintech funding round-up: Wingspan, Monite, Fundpath and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Plend partners GoCardless for variable recurring payments solution
VRPs will allow Plend customers to change their payment schedule to suit their financial circumstances.
Pay.com partners Cross River to drive US expansion
Cross River’s compliance, payments and tech infrastructure will allow Pay.com to “scale and reach new markets”.
Seilern Investment Management taps Finbourne for LUSID data platform
Seilern will utilise the cloud-native LUSID platform to optimise its investment decision making.
Enfuce and Science Card look to boost scientific research funding with new card offering
Users will be able to fund scientific projects of their choice through their day-to-day payment activities.
BNP Paribas and Hokodo team up to launch new B2B BNPL offering
The solution will enable large corporates to provide payment alternatives to their business customers.
Anchorage Digital to cut 20% of staff as part of “strategic realignment”
Despite a “robust and growing” business, Anchorage says the cuts are a necessary part of a “strategic realignment”.
Hong Kong’s Livi Bank launches Livi Business for SMEs
Livi Business offers SMEs and entrepreneurs access to “fast, simple and personalised” financial services.
