SME credit fintech Dinie lands dLocal deal one year into Brazil play
Dinie was founded in the UK, made in Germany, and designed for Brazil.
PayTech
SWBC picks Finicity Pay to meet new ACH requirements
Account verification needs a boost under new Nacha rules.
NAB signs SME payments deal with Eedenbull
Eedenbull is providing a handful of systems to the major Aussie bank.
Goldman picks Marqeta to power Marcus current account rollout
Marcus plans to launch its new accounts later this year.
Fintech funding deals globally 11-17 January 2021
Featuring Checkout.com, MX, Blend, Creditas, and Enfusion.
Pakistan launches new instant payment system Raast
Government hopes Raast can host a collection of payment types.
Dubai-based Bankiom promises “new way” to manage money
Banking app promises fast account setup and loan processing.
Philippines’ mobile wallet GCash closes on $1bn valuation with new funding
Mynt-operated firm raises $175m from US investor.
Shariah P2P fintech Alami raises $20m in debt financing
Alami hopes to distribute trillions to SMEs and micro businesses.
UK payments acquirer Unlimint powers on with “aggressive” LatAm expansion
In November, the fintech rebranded to Unlimint from ‘Cardpay’ as part of its expansion plans.
Stripe cuts off Trump campaign for inciting violence
Payments processor strips Trump for encouraging violence.
Fintech funding deals globally 4-10 January 2021
Featuring Grab, Mynt, Divvy, Mambu, and SimpleNexus.
UK Treasury calls for input on planned regulation of cryptoassets and stablecoins
UK’s finance ministry says “the landscape has changed” in a short time.
Nets acquires Checkout Finland through Paytrail subsidiary
Nets happy to continue a wave of consolidation across European payments.
AvidXchange acquires TimberScan provider Core Associates
Firm now claims to be largest account payable firm in the construction sector.
Fintech funding deals globally 28 Dec 2020-3 Jan 2021
Featuring Mission Lane, Narmi, Finja, CarPay, and ZipLoan.
China’s central bank issues Ant Group ultimatum after blocked IPO
The Peoples’ Bank of China wants Ant to overhaul its business or face the consequences.
Calls for UK Treasury to up contactless limit from £45 to £100
The UK no longer needs to follow the EU’s €50, or £45, contactless limit.
Jamaican central bank plans electronic payments regulation revamp
Jamaicans sent $4 billion in electronic payments in 2019.
QR Codes: will COVID-19 be the great global equaliser?
Across China QR codes are already ubiquitous, and the pandemic only accelerated user adoption.
TransferWise preps for 2021 IPO
The firm has asked investment banks to pitch in the new year for roles on an impending IPO.
2020 review: Top five cyberattacks this year
Cybercriminals haven’t stopped their activities in 2020.
UK fintech GoCardless raises $95m funding
The Series F round was led by Bain Capital Ventures and brings the total raised to-date to $240m.
IBM buys Canadian fintech Expertus to bolster payments offerings
The acquisition strengthens its portfolio as an end-to-end digital payments solution provider.
Paytech firm Ondot acquired by US banking tech giant Fiserv
Fiserv says the Ondot takeover will help it provide a “unified digital experience” to customers.
Swift calls for collaboration to help build the future of global transactions
Swift’s ambitious new strategy to reinvent global financial transactions.
Worldline buys controlling stake in ANZ’s acquiring business
Worldline says Australia is an ideal stomping ground for international expansion.
MFS Africa opens up continent to PayPal’s remittance service Xoom
Present in a whopping 160 markets already, Xoom still wants more of the pie.
Vacuumlabs partners with GPS, the award-winning paytech behind Revolut and Starling
Delivering new products and features that enable businesses large and small to realise breakthrough innovations.
Banking Tech Awards 2020 winners unveiled!
Watch Tom Ward perform his stand-up and unveil the winning projects, companies and people of Banking Tech Awards 2020.
Connect bank operations from front to back
Improve efficiency and compliance while simultaneously lowering costs and risks.
Banking Technology December 2020 / January 2021 issue out now
Ready to take 2021 by the horns.
The time is now to update your finance operations
Modernising the finance department should be a priority.
MoneyGate signs core banking deal with Finartix
Cypriot EMI picks out a new core system while its application processes.
The Fintech Review: 2020
We cover embedded finance, competition, open banking, and CBDCs.
Tink lands €85m for continued expansion into 2021
The finding extension was co-led by new Parisian investor Eurazeo Growth.
New York-based Synechron buys Australian payments firm Attra
Attra and Synechron will have a combined workforce of 10,000 employees and annual revenue of $650m.
Singapore and Thailand to link national payment systems in 2021
In Singapore, PayNow monthly transaction values have crossed the $3 billion mark.
Don’t turn a blind eye to spreadsheet vulnerabilities
Introducing PrizmDoc Cells, a secure solution in an intuitive, Excel-like web interface.
Market infrastructure firm Pico raises $135m in Series C
Intel Capital leads the latest round for network company.
