United Fintech, the fintech one-stop-shop for banks, hedge funds, and asset managers, has expanded its sales team with the appointment of Raj Rathor as Head of Sales for Athena Systems, EMEA. Raj Rathor joins United Fintech from Enfusion, where he was Vice President of Sales. 

An interview with Dawid Rożek, CEO ZEN.COM.

Financial IT: Can you please briefly tell us about yourself and your company’s mission?

Fintech app development is complicated, especially when building a fintech app with a “human face” that will speak the users’ language.

It is hardly a secret that to build a human-oriented fintech app, you must follow the Product Thinking approach. Yet, from my experience building fintech products, there are some hidden rocks in this process that I wish I had known earlier.

Simpl today announced a partnership with CCAvenue for a seamless checkout experience. Through this collaboration, millions of customers will now enjoy Simpl’s frictionless checkout and pay later facility on CCAvenue’s vast payment stack. 

Say it quietly, but established financial services firms are the early winners from embedded finance.

We’ve all heard the talk of the embedded finance revolution. It’s enabling any business to incorporate financial services into their offering through a simple API integration. In theory, we may be entering an era in which you can get a loan from your florist and build your investment portfolio when buying a coffee.

Business management software provider

DFM, a financing partner in the Netherlands for enterprises within the mobility sector, has chosen Worldline, a global leader in payment services, to be their Instant Payments and Clearing & Settlement mechanism partner. Following successful implementation within nine months of the signing of this partnership, Worldline now handles Instant Payments and back-office processing services for DFM via its payment licence partner Volkswagen Bank, as part of a five-year contract.

Temenos (SIX: TEMN) today announces that SinoPac, one of Taiwan's largest banks, has selected Temenos to advance its digital banking capabilities. Temenos digital banking solution on Temenos open platform for composable banking will enable SinoPac to differentiate in a crowded banking market with seamless and personalized digital banking experiences, helping it attract new customers and grow wallet-share.

Cheddar, the bank account-enabled instant payments platform, has announced the launch of its new cashback feature. From today, Cheddar users will be paid cash straight back into their bank account as they spend with partnered retailers.

Globally around 1.7 billion grown-ups remain unbanked. The four main reasons why people are unbanked are financial illiteracy, inflexibility of traditional financial institutions, complex personal requirements, and difficult access to services. Although not all of the reasons can be easily solved, at least some of them can be successfully tackled with the help of the Fintech industry.

What Is Financial Inclusion