Mercado Libre muscles into Chilean paytech space with Redelcom acquisition
Mercado Libre says it is looking to “consolidate its value proposition in Chile”.
Mercado Libre says it is looking to “consolidate its value proposition in Chile”.
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The partnership will see 1,000 Smart Cash franchises opened in underbanked areas.
Miles will lead a global team based across Europe, South America and Asia.
“BNPL is growing at a breakneck speed in India,” says CEO Nitin Gupta.
The new cloud platform will host thousands of apps and 100,000+ workloads.
Nicholson moves from rival Canadian digital bank Tangerine.
KAF will use Temenos Banking Services for retail loans and Islamic financing.
Greiner joins from Bankers Healthcare Group, where he spent just under two years as VP of enterprise architecture.
Blue FCU will adopt Backbase’s Digital Banking, Digital Sales and Digital Assist solutions.
Zopa CEO says erosion of consumer trust and regulatory burdens are to blame.
Ameris Bank resources will allow Balboa to expand its offering, says Balboa CEO.
The fine includes a 33% discount thanks to the bank’s early guilty plea.
The new funds will also be used for further product development and to hire more staff.
The programme plays “a vital role in expanding the crypto ecosystem”, Nuvei CEO says.
The new cash will fund the start-up’s expansion into Brazil.
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The Series B funding round was led by Tiger Global.
Tradeshift aims “to connect every company in the world, creating economic opportunity for all”.
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The investment from Tencent and UK development finance institution CDC brought in an additional $70 million.
The shared, private ledger enhances settlement speed and efficiency and reduces risk.
“With this latest investment, we look forward to deepening and expanding our solutions,” CEO says.
Since its launch in September 2015, OakNorth Bank has lent over £6.5 billion to SMEs.
Cash will go towards strengthening its Indonesian operations and expanding its workforce.
“The market for simplifying net terms payments and embedding BNPL payment options is exploding”, CEO says.
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Tischendorf joins from 4Finance Group, where he served as CTO.
Founded in 2018, the start-up has raised $205 million in equity and debt financing to date.
Diebold Nixdorf will deploy its services across ACLEDA’s 262 branches.
Finder co-founder Fred Schebesta says the company has been “bootstrapped since day one”.
Molitor replaces Matt Collinge, who left Curve after almost four years.
A new cartoon illustrating the pull of the current crypto and blockchain industry to draw in talent and capital.
The round is the largest private fundraise for a banking software platform to date.
The new funds will facilitate the company’s “massive roll-out across Europe” in 2022.
The two US community banks have also signed for FIS’ Digital One solution.
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
The neobank has already closed the first batch of money — $480 million — with more expected soon.
The Series B was co-led by new investor Tiger Global and existing investor Avid Ventures.