Ebury, a fintech specializing in cross-border payments and FX solutions, based in London and present in 25 countries, has introduced to the market a pioneering solution for direct transactions between the Brazilian real and the Chinese yuan. The new solution will facilitate and expedite trade between Brazil and China, which in 2023 alone totaled exports and imports of over US$145 billion, according to Brazilian Government data. The solution benefits companies in both the traditional industrial and digital technology sectors. 

NovoPayment, a mission-critical financial and payments infrastructure provider, announced today that it has received Mastercard certification, as part of the Mastercard Network Enablement Partner program, to switch and process Mastercard transactions in Mexico.

The needs for businesses and merchants conducting trade internationally have evolved with new technologies and regulations meaning fintechs have to constantly adapt to changing priorities to maintain a competitive edge. Considering this, fintechs that offer multiple solutions will be highly sought after as merchants look to fulfill their business objectives while keeping their overhead costs to a minimum. 

Lowell, a European leader in credit management services, has partnered with Neonomics to enhance their payments offering, implementing, and enabling account-to-account payments in their Norwegian customer portal. With a mission to make credit work better for all, the partnership aims to simplify the way customers pay while driving cost efficiency across the entire value chain from customer to merchant.  

Ant International, a digital payment and financial services leader dedicated to building an inclusive and sustainable global commerce ecosystem, is expanding its existing partnership with Yapily, the leading European open banking platform to introduce Europe’s first-ever commercial variable recurring payments (VRPs) for e-commerce via Open Banking on mobile payment platforms.

Two in five UK adults have missed a utility bill payment in the last six months according to new research from Moneyhub Payments, highlighting the need for more flexible ways to pay. 

Fyle, an expense management platform that works with customers' existing credit cards, today announced a new integration with American Express to offer U.S. Business and Corporate Card Members the ability to issue on-demand virtual Cards via the Fyle platform, with built-in controls, and enhanced security.

B2B payments platform Sprinque today announces a partnership with Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms.

The collaboration enables merchants and marketplaces to take advantage of holistic and customizable payment infrastructures and terms, allowing them to grow revenues by tapping into B2B cross-border opportunities.

Inbank has entered into an exclusive partnership with Montonio, a leading provider of checkout solutions in Estonia. The initial phase of the partnership will be rolled out in Estonia, with future plans to expand to other markets.