Qover, insurtech leader in embedded insurance orchestration, announces its partnership with UK-based credit card fintech Yonder, offering its members a seamless and comprehensive travel insurance experience.
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Elavon customers across Europe can now accept card payments with only their smartphone after the global acquirer and payments leader partnered with innovative Copenhagen-based Softpay to offer a SoftPOS payment solution.
The game-changing technology allows merchants to turn any Android mobile device into a fully card-present payments terminal by simply downloading an application that integrates with the Elavon payments platform. No additional hardware is needed.
Scaleup Finance has announced an $8million (£6.4million) pre-Series A round to ‘solve the challenge of financial management’ for startup and scale-up companies.
Led by Inveready, alongside Crowberry Capital, Seed X, PROfounders, Fin Capital and CircleRock Capital, the funds will be used to help drive continued growth in the UK and prepare for future expansion into the US.
Uzum, a leading digital services ecosystem in Uzbekistan, has secured $114 million in funding through a combination of a Series A funding round and debt financing, making Uzum the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over $1 billion. Uzum plans to use the funds to develop the country’s IT and logistics infrastructure, as well as to fund its own BNPL service.
The Innovate Finance Global Summit (IFGS) is set to celebrate its 10th anniversary at the Guildhall in the City of London, convening the brightest minds from the financial services and fintech sectors. Scheduled for April 15-16, 2024, IFGS 2024 will bring together industry leaders, innovators, policymakers, and investors for two days of intensive discussions and networking, addressing the most pressing issues in the sector.
Australian digital wallet provider and payment startup Stables has today announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people across Australia and the Philippines, all powered by stablecoins.
Swift has announced the findings of the second phase of industry-wide sandbox testing on its central bank digital currency (CBDC) interlinking solution, with the results showing that its connector can enable financial institutions to carry out a wide range of financial transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.
La Banque Postale and JCB today announced the signature of a partnership aimed at facilitating easy and seamless payment transactions for JCB cardmembers throughout France. This long-term collaboration will be rolled out in several major phases.
Deriv, a market leader in the FX space, has announced its Elite sponsorship of the inaugural iFX EXPO LATAM 2024. The event will take place in Mexico City, Mexico, from 9-11th April 2024. The company’s sponsorship of the iFX EXPO marks its intent to bring its award-winning platforms to more traders in the rapidly growing Latin American trading community.