Software management start-up Cledara lands $20m Series A
The money raised by Cledara will go towards the US expansion.
Payments
Allied Bank Pakistan picks BPC to launch SME acquiring business
Allied Bank will support merchant and business acquisitions and enable payments in-store, online and in-app.
PayPal names John Kim as its new chief product officer
As PayPal’s EVP and CPO, Kim will lead the consumer and merchant product and engineering teams.
FinovateFall 2022: Q&A with MoneyGram chairman and CEO Alex Holmes
FinTech Futures chats with Alex Holmes about the evolution of cross-border money movement.
JP Morgan to acquire US paytech firm Renovite
Once the acquisition is complete, Renovite will become part of JP Morgan Payments.
US paytech Aurora snaps up One Payment
Aurora CEO Brian Goudie says the deal “adds significant value” to his firm.
Paytech iBanFirst names new CTO and COO amid c-level shake-up
The firm has also announced a new chief revenue officer, chief people officer and chief of staff.
FinTech Futures: Top five stories of the week – 9 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Apple Pay edges out Mastercard with more than $6tn in ATV
Only Visa now stands in the way of Apple Pay reaching the top spot globally.
Paytech firm Cantaloupe announces executive leadership changes
Ravi Venkatesan will take over as CEO with Sean Feeney set to retire at the end of September.
Chilean fintech Xepelin lands $140m credit line from Goldman Sachs
The credit line is designed to help finance further expansion into Mexico, Bloomberg reports.
Nigerian fintech Arca taps ThetaRay for AI-powered AML solution
Arca is the first Nigerian fintech to utilise ThetaRay’s Sonar solution.
Mesh Payments lands $60m in Series C funding
The new money will be used to expand its go-to-market efforts and accelerate product innovation.
ClearBank hires Andrew Barker as new chief revenue officer
Barker brings more than 25 years’ worth of experience in the technology space to the role.
Swiss digital bank Alpian partners Visa for new debit card
Alpian has plans for a full public rollout by the end of this year.
Mexican fintech Clip lands $50m credit facility from top banks
The funding will be used to “improve financial access” for Mexican businesses.
Blockchain trade finance platform Contour snaps up we.trade assets
The move forms part of Contour’s plans to launch a digital open account trade finance offering.
UK’s Paysend appoints Wilhelm Rohde as group CFO
Rohde joins from Swisscard, a joint venture between American Express and Credit Suisse.
UAE’s Ajman Bank to launch Mastercard ‘touch’ card for visually impaired
The card was co-designed by Idemia, an identity technology solutions provider in the physical and digital space.
DeFi for the masses — crypto investment platform Solvo readies for launch
Solvo will offer investments, savings, crypto buying and selling as well as a card for payments.
FinTech Futures: Top five stories of the week – 2 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Europe fintech funding round-up: Justhome, Ryft and SageWealth
A fintech funding round-up featuring three start-ups from Europe.
Africa fintech funding round-up: Pezesha, Duplo, SubsBase, Grey and Anchor
A handy round-up of the recent funding endeavours of fintech companies across Africa.
Webinar: Mitigating fraud and risk on the ACH network
Hear from Nacha and Modern Treasury experts how to effectively manage risk and minimise fraud in ACH payments.
Banking Technology Magazine September 2022 issue out now
Cover story: MONEY PUZZLE – Helping US arrivals get on track financially.
Zepz appoints former Bill.com exec Mark Lenhard as group CEO
Lenhard has 20 years’ experience in the payments space.
What the FinTech? | S.3 Episode 13 | A look at what’s in store at FinovateFall
In this episode of the podcast, we’re joined by Greg Palmer, vice president and host of Finovate.
Qatar Central Bank issues first digital payment licence
The central bank says the step will lead to the development of the fintech sector and enhance financial inclusion.
Singapore’s Lightnet secures $50m funding to fuel growth
Lightnet aims to “improve the lives of the unbanked and underbanked populations throughout Asia Pacific”.
Banking Tech Awards USA 2022 Winners Supplement out now
People, projects & products that demonstrated stellar results, genuine innovation and had a tangible impact.
Diebold Nixdorf hires Joe Myers as executive vice president
Myers will head up the US firm’s banking business, handling sales and solutions delivery.
Himalaya Exchange CEO Jesse Brown on weathering the crypto winter
FinTech Futures speaks with Himalaya Exchange CEO Jesse Brown about the future of crypto.
ICYMI fintech funding round-up: Chekk, Hello Clever & Zywa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
LatAm fintechs Belvo and Rebill raise funds
Latin American fintech start-ups Belvo and Rebill are among the lucky recipients of new funds.
US fintech funding round-up: Deposits, Highline & Kasisto
The latest recipients of funding in the US fintech space.
Reserve Bank of India lifts onboarding restrictions on American Express
The RBI imposed restrictions on the US card issuer in May 2021, denying it the ability to onboard new customers.
Poland’s BLIK mobile payment system goes international with Viamo acquisition
Viamo provides peer-to-peer (P2P) and business payment services in Slovakia.
Fana launches to unite enterprises, charities and consumers on one platform
UK-based Fana is now preparing to launch a seed funding round.
The role of the payments industry in saving people and planet
Changing the way we make payments can have a substantial positive impact on our society’s carbon emissions.
PayTech Awards 2022 Winners Supplement out now
Commending the most impactful, innovative and successful projects, products and people in payments.
