Orange Bank partners Younited to underpin consumer credit boost
The bank says it strengthens “essential links” in its credit value chain.
Cards
Airbase raises $60m in Series B to boost spend management capabilities
The firm has now raised $91 million in total.
Financial wellness platform Credit Sesame raises $51m to fuel expansion plans
The US-based fintech also announced the acquisition of Zingo, a fintech software services start-up.
Dear Luc: Should we ditch the plastic bank card?
This week our writer wonders if we should start ditching plastic cards to be more environmentally friendly.
Singapore fintech Nium acquires B2B travel payments firm Ixaris
The transaction is expected to close early in the third quarter of 2021.
Pleo appoints new CRO as it prepares for $100m funding round
Arun Mani joins Pleo after a successful spell at software company Freshworks.
Video: fintech news pick of the week – eBay splits from PayPal; EU plans new digital wallet
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
2021 PayTech Awards hosted by Darren Harriott
Register for the free digital ceremony and networking on 8 July 2021.
Tred partners with Nium to launch green debit card
UK’s first green debit card to let users track, reduce and offset their carbon footprint as they spend.
eBay split from PayPal for paying sellers comes into effect
In the pipeline for some time, the switch marks a final loosening of a long-term partnership.
BNPL firm Zip extends acquisition spree, buys up Twisto and Spotii
The Australian firm has spent $105 million on its new buyouts.
B2B card specialist Clara gains $30m in Series A funding
The Mexico-based company is planning expansion in Latin America, starting with Brazil.
PaySend gains $125m in latest funding round
The latest funding will support PaySend’s international expansion plans.
Mission Lane acquires Honeydue to launch new debit card product
Honeydue has over 500,000 registered users in six countries and in three languages.
Investbank Jordan seeks leap forwards in card offerings with i2c Inc deal
The bank is focused on improved card offerings for personal and corporate customers.
Privacy.com raises $43m and rebrands as Lithic
Lithic has raised a total of $61m to date and has issued over ten million cards.
CleverCards to gain EMI licence via M&A, raises Facebook exec-led €10m round
Gareth Lambe, head of Facebook Ireland, has invested in CleverCards.
Webinar summary: getting to market faster by outsourcing PCI compliance
How to get to market faster and decrease the direct and hidden costs associated with PCI compliance.
UK regulator fines AmEx over sending four million unsolicited emails
Subscribers “had not provided adequate consent” for a portion of the 50 million messages Amex sent in 2019.
Pine Labs raises $285m in venture funding to reach $3bn valuation
Merchant payments platform Pine Labs plans regional expansion.
Deutsche Bank seeks payments revamp with Silverflow deal
Deutsche Bank says the deal will support the launch of two new payment services this year.
Shortlist announced for PayTech Awards 2021
Register for the digital gala and networking on 8 July 2021 – it’s free to attend and open to everyone.
Degussa Bank plans new credit card launch with Nets
It is the first partnership of its kind for the Nets in Germany.
Tink and American Express sign European open banking deal
New AmEx customers will “seamlessly connect” to their accounts.
Why fintech companies of any size should outsource PCI
Lift the burden of data compliance and security by outsourcing compliance to PCI-focused vendors.
Fintech funding deals globally 26 April – 2 May 2021
Featuring Brex, Paxos, Vena, Greenlight, and Current.
National Commercial Bank migrates payments processing to TranzAxis
Vietnamese bank switches card operations to the Compass Plus system from legacy in-house tech.
Caixa Econômica Federal signs 20-year payments deal with Fiserv
New merchants acquiring deal covers transactions online and in-person.
Payhawk closes $20m Series A investment round
The platform has seen rapid growth since its $3.6 million seed round a year ago.
Mastercard acquires digital identity firm Ekata in $850m deal
Payments giant to combine Ekata with its own fraud and identity platforms.
Pine Labs acquires digital payments start-up Fave in $45m deal
Indian payments firm snaps up Fave to introduce the latter to India.
Dear Luc: To give my customers cards I just need an issuer – right?
Our anonymous fintech problem asks if issuers are all you need to provide cards to customers.
Extended deadline announced for PayTech Awards 2021
Recognising excellence and innovation in the use of IT in the finance and payment industry worldwide!
Fintech funding deals globally 5-11 April 2021
Featuring CRED, OneStream Software, Loopio, Patreon, and Ramp.
US retail trade groups ask to join $5.54bn Visa and Mastercard lawsuit
The two bodies want permission to become parties in the lawsuit.
Webinar: Getting to market faster by outsourcing PCI compliance
Cost benefits, getting more value from data, protecting card data, and managing other sensitive data.
US Department of Justice sets antitrust sights on Visa
Visa’s hold on the debit market in the US under investigation.
London fintech Agitate latest to unveil open banking-powered payments solution
The solution skips the card ecosystem entirely.
Rush Gold launches mobile card to pay with gold in real-time
The Mastercard offering is powered by EML Payments.
Nest Bank picks Fiserv for card issuance revamp
Fiserv’s First Data brand is handling the implementation.
