Banking app for “global citizens” Bankkit launches in UK
The app offers overseas bill payment functionality and an integrated current account.
The app offers overseas bill payment functionality and an integrated current account.
The round was led by US venture capital firm Andreessen Horowitz.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
In his new role, Ronen will lead Payoneer’s newly created platform division.
We chat with Amreen Sodhi of Scotiabank about the future of cryptocurrency in banking and payments.
Completed in under 12 months, the implementation follows the migration of HCOB’s international SWIFT payments.
Scratch offers a payment model to help patients cover the cost of medical care.
Verity aims to help children develop their personal finance skills.
Capita says the deal will help lower the firm’s debt and provide additional liquidity.
The app is being supported by Mastercard and Checkout.com.
Open Banking Expo is the largest global community of open banking, open finance and open payments execs.
Banc of California paid $24 million for the acquisition, with 70% in cash and 30% in stock.
Businesses are foggier on the cost of their credit card payments than any other payment type.
Sardine boasts a client list of over 135 companies including FTX, Blockchain.com and WealthSimple.
NCR says the split will “unlock value” for the company’s shareholders.
Denim automates invoicing, collections and payments, claiming to reduce daily payments and collections tasks by 75%.
The start-up has raised $11 million in venture funding and $400 million in a credit facility.
An environment of coopetition between companies can further democratise access to financial services in LatAm.
For the African fintech revolution to reach its true potential, interoperability needs to be completely borderless.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Philippines-based Robinsons Bank (RBank) will implement BPC’s SmartVista payments platform.
Modern Treasury and Goldman Sachs Transaction Banking aim “to accelerate the shift to embedded payments”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The company expects its products to go live in Brazil in the first half of 2023.
Candis is an accounts payable (AP) processes automation solution.
Interactive Transaction Solutions (ITS) is a business-to-business (B2B) payment gateway.
The start-up has raised $300 million in a credit facility and $16.1 million in seed funding.
The partnership will allow the bank’s clients to give their employees access to earned wages before payday.
Nexus’ procure-to-pay solution, customers and suppliers will join Bottomline’s Paymode-X B2B payments network.
Revolut Pay is already being used by merchants including Shopify and WH Smith.
The money raised by Cledara will go towards the US expansion.
Allied Bank will support merchant and business acquisitions and enable payments in-store, online and in-app.
As PayPal’s EVP and CPO, Kim will lead the consumer and merchant product and engineering teams.
FinTech Futures chats with Alex Holmes about the evolution of cross-border money movement.
Once the acquisition is complete, Renovite will become part of JP Morgan Payments.
Aurora CEO Brian Goudie says the deal “adds significant value” to his firm.
The firm has also announced a new chief revenue officer, chief people officer and chief of staff.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Only Visa now stands in the way of Apple Pay reaching the top spot globally.
Ravi Venkatesan will take over as CEO with Sean Feeney set to retire at the end of September.