Kobble debuts new embedded finance platform in Australia
Kobble operates as part of the Fincraft Group, which also comprises Yondr Money and Shouta.
Cards
SEB Embedded teams up with Enfuce and Humla to launch Hemköp Matkonto card in Sweden
The card leverages Enfuce’s cloud-based payments infrastructure and SEB Embedded’s BaaS platform.
Canadian fintech Paystone acquires Ackroo for $21m
Based in Ontario, Paystone provides services for loyalty programmes, payment processing, and gift cards.
TBC Uzbekistan introduces country’s first fully digital SME banking solution
TBC Uzbekistan has also recently launched its first credit card, the Osmon Card.
ICYMI fintech funding round-up: Brighty, Just, Finny, Prosper, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Sweden’s Mynt plots UK expansion with €22m Series B
The round values Mynt, which reached profitability in September, at approximately €175 million.
TD Bank upgrades retail card business with Backbase Engagement Banking platform
Through the collaboration, TD Bank will leverage Backbase’s Engagement Banking platform.
Ibanera launches US prepaid card programme with FIS
The cards enable multi-currency purchases through the global Visa network.
Mexico’s Klar acquires assets of B2B payments and financing platform Tribal
The deal includes Tribal’s payment and financing solutions, business intelligence tools and risk models.
Lithuanian fintech Paytend hires Thibault Verbiest as new chairman
Verbiest says he will “oversee the strategic direction and governance” of Paytend.
Mastercard settles collective consumer claim over UK card fees
The reported £200m settlement remains subject to the approval of the Competition Appeal Tribunal (CAT).
ICYMI fintech funding round-up: Sandbox Wealth, ThreatFabric, Centrapay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Fonepay partners Compass Plus Technologies to launch Nepal’s first virtual credit card
The launch comes after Fonepay received a domestic credit card scheme licence from Nepal’s central bank.
November 2024: Top five fintech M&A deals of the month
FinTech Futures takes a look back at five of the top fintech M&A deals in November.
November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
French embedded banking fintech Swan names Camille Tyan as new deputy CEO
Tyan has been involved with the firm since 2020 as its supervisory board chairman.
Cardless secures $30m funding round led by Activant Capital
The fresh capital brings Cardless’ total equity funding to date to over $90 million since its inception in 2019.
November 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from November.
Garanti BBVA launches new e-commerce payments platform TAMi
TAMi currently offers a multi-bank POS system and prepaid cards as its two main products.
Canadian credit card issuer Collabria Financial taps Trulioo for ID verification tech
Trulioo’s platform will be used to verify more than 14,000 ID documents and 700 million business entities.
Ally Financial reportedly considering sale of credit card business
Ally Financial first acquired the business, then known as Fair Square Financial, for $750 million in 2021.
ICYMI fintech funding round-up: Kalder, Pemo, PostSig, StoreCash, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Beacon unveils new digital wallet offering built for immigrants to Canada
Beacon’s new service will support bill payments, salary deposits, Interac e-Transfers, and more.
SEB Embedded taps Thought Machine to power BaaS offering
SEB Embedded has delivered its first solution for Swedish supermarket chain Hemköp.
Mexico’s Albo partners Paymentology to expand digital payment services
Albo plans to launch a new initiative with Mastercard to boost digital payments in Mexico.
PayTech Awards 2025 now open for entries
Nominations for the PayTech Awards 2025 are now open, with the deadline for entries set for 14 March.
FinTech Futures: Top five news stories of the week – 15 November 2024
Our pick of the top fintech news stories this week includes Klarna, Ualá, Visa and more.
Mesa debuts homeowners credit card, offering rewards on mortgage and home expenses
The card allows customers to earn ‘Mesa Points’ on mortgage repayments and home-related purchases.
Visa rolls out flexible payment solution in US and UAE with Affirm and Liv
The offering has been available in Asia for over a year with the launch of Olive Card in Japan.
Polish fintech Conotoxia eyes EU banking licence, plans to transform into joint-stock company
Conotoxia says it will aim to complete the transformation “as soon as possible”.
Japan’s SmartBank secures $27m in mix of equity funding and debt financing
SmartBank says it is “actively recruiting” for roles in marketing, compliance, data analysis, and engineering.
Solaris sells Engage business to UK fintech Suits Me
Suits Me’s CEO says the migration of Engage customers has “already started and will be finished mid-January 2025”.
BNPL lender Sunbit lands $355m debt warehouse facility
This is Sunbit’s second debt warehouse facility in 2024, following its $310 million deal in January.
NatWest debuts B2B virtual card solution Approval2Buy in partnership with Mastercard
NatWest has delivered the offering using Mastercard’s virtual card and tokenisation technology.
Netherlands-based Intersolve names Five Degrees co-founder Martijn Hohmann as provisional CEO
Hohmann takes the reins of the payment processor from managing director André Moen.
PSP Services buys NCR Atleos’ transaction processing and card management business in Canada
PSP Services says it will incorporate the business into its HLX Unified Commerce Platform.
October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from October.
October 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
FinTech Futures: Top five news stories of the week – 25 October 2024
Our pick of the top fintech news stories this week includes Afin Bank, Zip, Socure and more.
Arab Financial Services lands $50m investment
Last year, AFS agreed to power ila Bank’s prepaid Bahraini-denominated card offering.
