Financial services provider Mollie today announced its financial results for 2024. In a year when the European fintech sector faced growing pressure on margins and growth, Mollie delivered strong financial performance. Gross profit rose by 30 percent to €115 million. Revenue also saw a significant increase of 28 percent, reaching a total of €214 million. This growth was driven in part by a clear product focus and continued international expansion, while operating expenses remained stable throughout the year.

Temenos , a global leader in banking technology, today announced that KAF Digital Bank has gone live with Temenos SaaS to power its new Islamic digital bank in Malaysia.

KAF Digital Bank has begun onboarding early access customers, marking a significant step in its mission to redefine Islamic digital banking. This early success paves the way for a full public launch in the near future.

In a strategic move to accelerate digital payments, financial inclusion, and modernizing the country’s payment ecosystem, BPC, a global leader and payment solutions provider, is announcing the expansion of its operations in Nigeria.

Thunes, the Smart Superhighway to move money around the world, today announced the further expansion of its Direct Global Network with the launch of direct Pay-to-Bank services in Denmark, Norway, and Sweden. This broadens Thunes’ reach into the Nordic region, empowering Members of the Thunes Direct Global Network with faster cross-border payments solutions for both consumer and business transactions.

Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its stablecoin, RLUSD, has been approved as a recognised crypto token by the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC).

The Invisible Revolution in Finance

Dear Readers,

Bitso, the leading financial services platform powered by crypto in Latin  America, today announced the launch of a new feature that enables users in Mexico and Argentina to  send and receive U.S. dollars directly from the United States via ACH or Wire transfers. The service offers  a virtual U.S. bank account at no cost and aims to simplify access to cross-border financial flows. 

With this new feature, Bitso users can now: 

Mendel, Latin America’s leading enterprise spend management platform, today announced the appointment of Laura Madriñán as its new Head of Travel. Based in Santiago, Chile, and originally from Colombia, Laura brings over 15 years of experience in the travel and technology sectors, having held senior leadership roles at LATAM Airlines and Mercado Libre.

Standard Chartered today announced the appointment of Yusuf Demiral as Global Head, Wealth & Retail Banking (WRB) Data, Analytics & AI. In this newly created role, Yusuf will lead the Bank’s WRB Data, Analytics & AI strategy across the end-to-end client journey and collaborate closely with the Marketing, Digital Sales and Client Experience teams to deliver the overall strategy of the Chief Client Office.