Financial wellness fintech Elifinty launches in UK
The “socially conscious” platform will leverage AI and open data to help people manage their debt.
The “socially conscious” platform will leverage AI and open data to help people manage their debt.
Herman joins Dwolla from Accrete, an AI machine learning company, where he was CFO.
With the new funds, PayNearMe plans to to accelerate its growth and develop its payments platform further.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Buyers, sellers, agents and escrow holders, can now move money “swiftly” and access expanded payment options.
The funding round saw Mastercard and other investors taking up a minority stake in Fabrick’s shareholding.
Mambu’s chief technology officer (CTO), Fernando Zandona, will be taking over as interim CEO.
The funding will support the expansion of Vartana’s team and enhance its product offerings.
For Stori, it is the second debt facility from CIM, following a $75m debt facility in November 2021.
With the funding, Teylor plans to facilitate its growth and enable it to meet the financing needs of SMEs.
The Symitar platform will allow PFCU to offer business payment services including ACH and wire transfers.
Soni joins from mobile payments platform TPAY Mobile, where he served as chief operating officer (COO).
The project will be delivered as a Software-as-a-Service (SaaS), ERI says.
Lord will be tasked with forging partnerships, business development and executing marketing strategies.
The Ohio-based firm says the restructuring support agreement is expected to “significantly” reduce debt.
NomuPay plans to scale in its core markets and further invest in product development.
The cuts amount to around 20% of the start-up’s total workforce, according to TechCrunch.
The deal will mark the fifth acquisition by Regnology in less than a year.
Löffler succeeds Andrey Sokurenko, who will now focus on software innovation and R&D.
The mobile wallets include Alipay HK (Hong Kong SAR), Kakao Pay (South Korea), and Touch ‘n Go eWallet (Malaysia).
The solution is compatible with Visa and Mastercard and offers the same level of security as a traditional POS.
The account will be rolled out to select customers in June and will be “widely available” in the coming weeks.
The new platform, called Moment, will offer an expanded payment infrastructure for African businesses.
Open Banking Expo Canada is taking place in Toronto on 15 June 2023.
Noto has previously served as CTO at companies including IBM, LPL Financial and Scottrade.
Mode Eleven will now be able to facilitate high-value payments on the ACH and Fedwire networks.
Both banks laid off around 500 employees last week, according to media reports.
CreditX will enable Sathapana Bank to build “high quality” credit risk scorecards and accelerate client onboarding.
The Yieldbroker platform claims to facilitate trading of approximately AUD 6 trillion annually.
With the partnership, D360 mobile app users will be able to transfer funds to Europe, US and the Middle East.
The multi-year arrangement aims to deliver a single card multi-market strategy of significant scale.
Together, these credit unions serve 747,388 members and represent $20 billion in assets.
Bamboo believes it is in “a unique position” to capitalise on the growth in the digital payments space in the region.
The agreement is subject to approval from the Bankruptcy Court, and any better offers Plastiq may receive.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Tap Global aims to reach £4.2 million of revenue by mid-2024.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Jean Souto moves from Feedzai, where he led the fintech’s global partnerships for a year.
With the funding, Nymbus plans to expand and advance its core banking system, and diversify its product portfolio.