Daxsen Group to launch new digital bank in Ecuador
Daxsen Bank intends to reduce operational and transactional costs to “revolutionise” the country’s banking sector.
Daxsen Bank intends to reduce operational and transactional costs to “revolutionise” the country’s banking sector.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Myanmar’s Yoma Bank has replaced its in-house processing centre with Compass Plus’ TranzAxis.
We chat with SmartStream about how the firm is helping financial institutions keep up with new tech developments.
As CTO, Dhillon will be tasked with developing the fintech platform’s architecture and infrastructure.
Funding Societies says that all of CardUp’s employees across Asia will be retained.
Payments will become more inclusive to both consumers and merchants.
How payments market infrastrcutures (PMIs) enable safe, efficient and open payments.
We chat with Curtis Ting of Kraken to discuss how financial crime is evolving in the digital asset space.
The integration will allow Telegram users to purchase services and goods directly through the messenger.
The firm received approval to operate as a payment institution from the National Bank of Belgium (NBB).
Along with resuming services, Wirex also announced that it is launching multiple offerings.
The new offering is a unified payment infrastructure enabling account-to-account (A2A) payments across the Baltics.
Tapcheck says cash advances relieve the stress that usually comes with living paycheck to paycheck.
The acquisiton, for an undisclosed sum, will be headed up by Bankhaus payments veteran Mirko Siepmann.
Stripe says that bank transfers, despite their popularity and ease of use, are “filled with friction”.
Groombridge will be leading Stanhope’s payments offering, while Bajwa will be developing Stenn’s financing solutions.
SumUp says the latest funding is “indicative of our strength, execution, and potential”.
Roxe will merge with Goldenstone Acquisition and become a publicly traded company on Nasdaq.
Payoneer explains why it chose ThetaRay to monitor payments on its global platform for financial crime.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Both reviews focus on Mastercard and Visa; the pair make up 99% of debit and credit card payments in the UK.
Finzly says its tech will give Mode Eleven “full control over its payment processes”.
GoCardless says: “Open banking is growing rapidly, with 64 million active users projected in Europe by 2024.”
Larry Handen, senior managing director at Macquarie Capital, will also join Autobooks on its board.
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
The €180m deal forms part of a broader multi-year partnership in the merchant acquiring space.
QNB says its open banking APIs could transform the fintech landscape in Qatar.
I predict that in the medium term, we will begin to consider crypto a safe and reliable form of tender.
The funds will be used for international expansion and M&A.
Raswant has held roles at Standard Chartered Bank and consultancy McKinsey.
The license will enable Mazepay to handle transactions on behalf of companies.
RBI had imposed a ban on Mastercard in July 2021 for non-compliance.
Imagen is Rewire’s first acquisition and will enable it to provide prepaid debit cards in Israel.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
EDIGard is headquartered in Norway and operates across Sweden, Denmark, Finland, UK and Germany.
With the additional funding, the total Series C funding round stands at $200 million.
At Money 20/20 Europe, FinTech Futures sat down with David Birch, chair of wearable payments disruptor Digiseq.
The new funding brings Flip’s total Series B round to over $100 million.
Airbank raises $20m in a Series A funding round led by Molten Ventures.