Global payment leader BPC and strategy consultancy firm Fincog today announced the launch of a new report to give banking providers key insights on Super Apps and the critical factors that could make them a future threat to traditional banking providers.

BharatPe, India’s leading fintech company, today announced that it has achieved an important milestone on its road to profitability with BharatSwipe, the company’s POS business turning profitable. BharatPe has achieved this milestone 2 years of the launch of the product. The company also shared that this is the fastest-ever launch to the profitability story of any brand in the POS category in the country.

Urgent reform of Universal Credit (UC) is needed to provide support to vulnerable households, according to responsible lender  Creditspring, as nearly a third (29%) of low earners are reliant on savings to pay bills – compared to the 21% average for the rest of the UK.

New research from Creditspring also indicates that almost a quarter (22%) of people across the UK will have to take out a loan to pay a bill when their savings run out.

Policy Expert, the UK’s leading personal lines Insurtech, registered its best-ever month for sales in August as it attracted new customers and renewals in record numbers.

Total home and motor policies sold grew 28% year-on-year in August, with over 128,000 policyholders either switching to Policy Expert or renewing their existing cover.

The international expansion of the BKN301 group, a fintech company offering Banking-as-a-Service solutions with a focus on high-growth markets, continues. Thanks to BKN301 Tech S.r.l., the group's technology arm, the company lands in Qatar in partnership with Soft Lab Business Solutions & Consulting WLL (SBS).

Worldline India, a leader in digital payment services today announced the launch of Paytech Pioneer Programme to onboard some of India’s best Engineering Talent from college campuses across the country.

Smart money app Plum and fintech unicorn Bitpanda have joined forces to make crypto investing available to Plum’s rapidly growing European customer base.

Scottish fintech

In the latest of its series of insightful industry reports, fraud fighters, SEON has released a new research paper, which assesses the state of the neobanking sector around the world following the Covid-19 pandemic.