India’s Fino Bank taps Hubble to launch spending account
The spending account will be integrated with Fino Bank’s digital savings app, accessible on its mobile app FinoPay.
The spending account will be integrated with Fino Bank’s digital savings app, accessible on its mobile app FinoPay.
Founded in late 2021, Habitto has so far raised $7.3 million in funding.
Chan joins HyperJar from international paytech firm Ebury, where she also served as COO.
In an internal memo, FIS shares that it completed the Bond acquisition on 8 June.
GoCardless cites the current economic environment as the reason behind the layoffs.
OVpay, the open loop payments system, will now be accepted at all modes of public transport across the country.
Pepper Money India will offer personal finance products to consumers and aims to launch second half of 2023.
The transaction, subject to regulatory approvals, is expected to close within six to nine months.
From 8 October, companies will have to introduce a “cooling-off period” for first-time investors.
Kvika Bank aims to offer its customers a range of card and mobile payment solutions.
Wilmot succeeds Mark O’Connell, who will be retiring on 31 October 2023.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Our weekly round-up for you to get the latest fintech funding news, this time from across Europe.
A handy round-up of the recent funding endeavours of fintech companies across the US.
Medius says the acquisition of Expensya is “one of the largest in the MENA region”.
The round was led by OMERS Ventures with participation from Founders Fund and General Catalyst.
The US regulator has filed charges against both firms this week amid a crackdown on crypto.
Swedish paytech Trustly is set to be the first firm to tap into Lunar’s account infrastructure.
Lentra plans to use the new funds to fuel its international expansion and product development.
Ikano Bank’s pan-European accounts, deposits, and unsecured retail lending will be consolidated on TCS Bancs.
CardFlight is a New York-based point-of-sale (POS) solutions provider.
Aspire says its results have set “a new industry standard of sustainable growth”.
Consilient, a US-based regtech, aims “to transform how the industry prevents financial crime”.
Guy Harris joins as chairman of the board and Eric M. Hoffman as president of interbank solutions.
Marqeta is undertaking “restructuring actions” in Q2 this year to reduce operating expenses.
Chris Rigoni moves from Webster Bank, where he also looked after the company’s BaaS business.
Bessemer Venture Partners and 01Fintech joined UK hedge fund Marshall Wace in providing the cash.
Ray Brash previously spent nearly two decades at paytech PPS (now Edenred Payment Solutions).
ClearBank provides Allica with client money accounts and access to UK payment schemes.
Amplifi Capital is the company behind UK financial services brands My Community Finance and Reevo Money.
Austrian digital bank paybox plans to expand across Germany and Southeast Europe.
Among Keeta’s investors is ex-CEO of Google, Eric Schmidt.
Shape Technologies offers Payments-Platform-as-a-Service (PPaaS) to PSPs worldwide.
PayFuture aims to help businesses connect with local payment options in emerging markets.
Okay provides analytics and reporting software designed to help engineering teams streamline workflows.
The start-up, which was founded in 2021 and launched nationwide last month, has raised a total of $7.5 million.
The bank said it received a “high volume” of requests for a fast and inexpensive overseas remittance service.
CobaltFX was acquired by United Fintech in late 2022 and subsequently relaunched earlier this year.
Ribbit CEO Greg Rable says bringing together the two companies is a “win-win” for both customers and Ribbit.
O’Connor joined the firm last year as chief operating officer after several years at Capita.