Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, Galileo Secured Credit with Dynamic Funding simplifies the secured credit process, making it easier for consumers to manage their debit and credit accounts. This streamlined solution also reduces the risk for lenders by backing credit with secured deposits.

PayPal Holdings, Inc. announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State.

Founded in 2016, Wrexham-based digital bank Chetwood Financial received a restricted banking licence in late 2017 before being granted a full UK banking licence in December 2018. Since 2019, more than £3.5 billion has been deposited with Chetwood Financial’s savings proposition SmartSave.

KaiOS, the leading operating system that brings the best of the internet to affordable devices, today announced a partnership with Mastercard to integrate a range of digital payments solutions. Beginning in Cote d’Ivoire and Nigeria, Mastercard and KaiOS will deliver affordable payment acceptance devices and stimulate the growth of a more inclusive, connected global economy. 

Adyen, the financial technology platform of choice for leading businesses, has today announced major advancement in the in-person payments (IPP) landscape, underscoring its commitment to innovation with industry defining solutions.

Liberis, one of the leading global embedded finance platforms, has launched its latest product ‘Flexible Cash Advance’ with eBay Seller Capital in the United States, enabling sellers to receive larger and even more flexible financing, with funds ranging from $5k to $2M in the coming weeks - empowering sellers to get financing when they need it. 

Building on its legacy of innovation, Hilton has unveiled the world’s first hotel debit cards in the UK: Hilton Honors Debit Card and Hilton Honors Plus Debit Card, in partnership with travel debit card platform Currensea.

Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, has successfully negotiated a deal with Latvian growth capital fund FlyCap for €2 million. The funds acquired will contribute to fueling Mintos’ growth initiatives, including customer acquisition efforts across the European Union, and elevating the platform’s reach and impact. 

Temenos today announced that it has signed a Multi-Country Model Bank development agreement with Bahwan CyberTek (BCT), a global digital transformation company. Temenos Country Model Banks offer financial institutions a faster go-live experience with Temenos solutions, while simultaneously reducing costs and risks through pre-configured banking functionality and country-specific localization.

The European Investment Bank (EIB) is providing  €220 million in financing to Nexi Group, Europe’s largest PayTech company, to support innovation  in the digital payments sector. The agreement was announced today in Milano by EIB Vice-President  Gelsomina Vigliotti and Nexi Group CFO Bernardo Mingrone.