UK fintech Revolut marks Latin America debut with Brazil launch
Revolut will initially offer a multi-currency account and crypto investing for customers.
Revolut will initially offer a multi-currency account and crypto investing for customers.
North American businesses will be able to accept real-time card payments directly on the Teams platform.
The start-up will use the funding to expand in Nigeria and across other African markets.
A new cartoon illustrating the arbitrary approach to crypto regulation in the United States.
A dearth of deal making is to blame, Bloomberg reports, with a 32% decline in the bank’s merger advisory arm.
JP Morgan has assumed all deposits – insured and uninsured – worth approximately $92 billion from the FDIC.
The AUD 125 million ($84m) deal remains subject to Yieldbroker stockholder approval.
The bank also intends to begin a new share buyback of up to $2 billion.
Mastercard Crypto Credential defines verification standards, instilling “critical” trust in blockchain tech.
The new solution will allow Shopify merchants to pay and manage their bills without leaving the platform.
Blankson, who spent several years at Tide, brings “a wealth of experience” to the role, Lanistar says.
The acquisition is the fourth for TAS Group since July 2022.
SimCorp will sit within a newly created investment management solutions segment, Deutsche Börse says.
Walmart alleges Capital One failed to meet several contractual obligations and customer service standards.
It took this step due to a “number of outstanding debts” with “no reasonable prospect” of repaying them.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The funding will be used to advance Axoni’s technology and support its global expansion plans.
The omnichannel digital onboarding solution has been built using Codebase’s Digibanc platform.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Bunker will make it easier for LatAm consumers to open and manage US investment accounts.
The deal will see Belvo become “the most complete” account-to-account (A2A) payments provider in Brazil.
A handy round-up of the recent funding endeavours of fintech companies across the US.
Kakao Pay has acquired a 19.9% stake in the US firm and plans to buy an additional 31.1%.
Clara has now raised a total of $160m in equity funding since it began operations over two years ago.
Sonar will help protect the growing business against sanctions violations and other types of financial crime.
Fletcher previously served in a similar capacity as COO/CFO at international money transfer firm CurrencyFair.
The firm says users should download their data before the app closes in the summer.
Wealthtech and banking technology provider Objectway sets out its strategy.
JBWere NZ will use Duco to reconcile cash and securities held with sub-custodians, share registries and banks.
Onkar Inamdar joins as head of engineering and Syam Chintapenta as chief development officer.
Binance.US cites “the hostile and uncertain regulatory climate” in the US as its reason for pulling out.
With the acquisition, Smile Identity aims to expand its reach across Ghana and francophone Africa.
The acquisition takes Platform One’s total assets under administration to £2.7bn.
Wadsworth joined Mastercard via its acquisition of Vocalink in 2017.
Major previously spent more than 15 years with banking tech firm Jack Henry.
With the licence, PingPong Payments will be able to offer its services to customers across the UK and Europe.
The Financial Times reports Allianz could be looking to sell its 5% stake in the digital bank.
Michigan’s First Community Bank, Florida’s Sunrise Bank, and Arkansas’ Today’s Bank have selected Jack Henry’s tech.
With the new solution, both firms aim to “simplify the disjointed payments landscape” in the Nordics and UK.
Fenergo says the new hires will play a “pivotal role” in driving its global expansion and SaaS strategy.