Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion
PayRetailers recently received its Brazilian payment institution (PI) licence last month.
Start-up
FinovateSpring 2024: Rethinking customer experience and boosting diversity in financial services
FinovateSpring 2024 concluded on Thursday after a day filled with thought-provoking panels and keynotes.
Designing financial services for children with Sunshine+Kittens
UK start-up Sunshine+Kittens is launching a new offering for children designed to help boost financial literacy.
FinTech Founders Video: taking a start-up idea from inception to reality
Four founders explain how they made their fintech start-up ideas a reality.
Migrant banking platform Majority lands $20m in “push towards profitability”
In addition to the funding, the platform has also announced Abhi Pabba as its new chief risk officer.
FinovateSpring 2024: Mobile payments and understanding Gen Z dominate day two
FinovateSpring 2024 sustained its momentum over day two with a line-up of informative debates and keynotes.
EFG Hermes snaps up minority stake in AI digital wealth manager Kenzi Wealth
EFG Hermes has also signed an MoU with Kenzi to enhance its EFG Hermes One trading platform.
Demystify Podcast: The growth of fintech in the UAE – Dubai Fintech Summit special
Dave and Dharm speak with four financial services leaders at this year’s Dubai Fintech Summit.
US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”
The regulator says it is suing the firm for “deceiving borrowers and illegally extracting fees”.
Real estate investment management start-up Agora lands $34m Series B
Agora will use the funding to “accelerate its expansion efforts” and further develop its product offerings.
Financial admin platform Osome secures $17m in mix of debt and equity funding
The Singapore-based start-up plans to utilise AI to further develop its product offerings.
Paytech start-up Aeropay raises $20m Series B for platform and partnership development
The US-based start-up has also introduced its new “homegrown bank aggregator” called Aerosync.
ICYMI fintech funding round-up: Ekko, Layer, MNZL, Panax and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 17 May 2024
Our pick of the top fintech news stories this week includes BBVA, Deutsche Bank, Lemonway and more.
US fintech Yendo secures $165m in mix of debt financing and equity
The funding consists of $150 million in debt financing and $15 million in equity.
French fintech Lydia launches digital banking app Sumeria
Lydia says it plans to pump over €100 million into Sumeria over the next three years.
FinTech Founders Video: essential traits for a successful founding team
Four fintech founders discuss the essential traits that can help founding teams fly.
Marine financing fintech Salt granted FCA approval and names new CRO
In addition, the fintech revealed it was on the hunt for additional investors for its ongoing seed funding round.
New UAE-based open banking start-up Thimsa launches in beta
Thimsa will initially launch its payments platform in beta in the UAE and Bahrain.
Adam Dodds to step down as CEO of stock trading app Freetrade
Freetrade COO and co-founder Viktor Nebehaj is poised to assume the CEO role moving forward.
Wealthtech start-up FutureMoney launches tax-advantaged investing platform
FutureMoney’s flagship offering is its tax-advantaged Junior Roth IRA account, which leverages 529 plans.
New paytech Wink Pay launches in Lebanon in partnership with Visa and Codebase Technologies
Wink Pay offers an instant card issuance service for Visa prepaid virtual cards.
New US paytech Fractal launches with aim to become “SaaS companies’ preferred payment method”
The start-up’s solution seeks to provides SaaS firms with a pre-built embeddable payment service.
ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Equals Money to power Chorus TM’s new financial management platform for the music industry
Chorus TM’s next step is a full US launch, which is scheduled for the coming months.
Ecology Building Society set for 2025 core banking overhaul with Monument Technology
Ecology Building Society says technology modernisation will help “attract future customers at pace and scale”.
PayTech Awards USA 2024 nominations are now open!
Submissions for the PayTech Awards USA 2024 are now open, with the entry deadline set for 12 July 2024.
Digital platform Crowded deploys Visa Direct for international money transfers
The capability enables the platform’s users to transfer funds to any eligible Visa account globally.
Start-up Swaystack launches personalised engagement platform
The platform seeks to enable banks and credit unions to cultivate personalised digital experiences.
ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Banking Technology Magazine May 2024 issue out now
Cover story: PLASTIC MEASURES – Banking must follow a more sustainable path.
Celebrating 25 years of innovation: Banking Tech Awards 2024 nominations now open
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
Nayax acquires Brazilian paytech VMtecnologia to propel LatAm expansion
The deal has a total potential consideration of up to $27 million based on certain conditions.
Inclusive instant payment system Higala launches in the Philippines
The new system is powered by the open-source payment platform Mojaloop.
Piraeus Bank and Natech prepare to launch neobank Snappi in Greece
The partners previously announced the development of the independent neobank in April 2022.
Paystand buys Teampay to enhance B2B payments platform with corporate spend management
Partially financed by Stifel Venture Banking, the deal marks Paystand’s second acquisition in two years.
ICYMI fintech funding round-up: Fintoc, Bokra, RockFi, Bump and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Former Tesla exec Tim Newell to spin off Aspiration’s consumer financial services division
The new standalone company will act as an independent neobank offering environmentally sustainable products.
Indian fintech Aurionpro bolsters AI portfolio with $16.5m takeover of Arya.ai
Arya.ai offers a cloud-based PaaS that enables enterprises to develop their own AI solutions.
UK regtech ComplyAdvantage snaps up Golden to strengthen financial crime intelligence offering
The deal will also see VC firm Andreessen Horowitz become a shareholder in ComplyAdvantage.
