Partnerships 

Zai and TerraPay Partner to Accelerate Cross-border Payments Globally

Zai, the global financial technology company delivering embedded finance orchestration solutions, has announced a partnership with TerraPay, a leading global payments infrastructure company. This partnership enhances both companies’ ability to scale their offerings and deliver real-time, transparent cross-border payments globally. Zai supports businesses across a wide range of industries internationally - from fintechs to property technology companies - in simplifying, streamlining, and scaling complex payment workflows.

Easy EP Partners with Carta Worldwide in Boost to Southern European Fintech

Easy Payment & Finance (Easy EP), a leading financial payment and technology enabler in Spain, announced it has selected proven global digital payments pioneer, Carta Worldwide, a subsidiary of Mogo Inc., to underpin its new card offering. Easy EP is among Spain's leading banking and payments infrastructure providers. It enables a broad array of financial services for its corporate and private customers including real-time SEPA money transfers, global cross-border payments and IBAN banking account management.

Yapily forms Strategic Partnership with Pleo to Enable a Simplified Payments Experience for its UK Users

Fintech unicorn Pleo, which offers a smart business spending solution, has formed a strategic partnership with open banking platform Yapily to enable a simplified payments experience for its UK users. Research shows that 82% of businesses that fail do so due to poor cash flow management. Together, Pleo and Yapily are helping to address this problem through the power of open banking.

BankID Expands Digital Identity Protection with OneSpan, Extending to Millions of Customers

OneSpan, the digital agreements security company, announced a significant expansion of its OneSpan Cloud Authentication service with BankID. BankID first launched with OneSpan in September 2021 and has already reached a multi-million user milestone that is expected to continue growing as BankID’s technology adoption increases. This expanded partnership further solidifies the crucial role BankID has entrusted to OneSpan to provide high-assurance security and meet compliance standards within the Norwegian critical national infrastructure.

Creditcare Partners with Moneygram

Creditcare Technology, an innovative, multinational consumer finance company, announced that they have partnered with MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, to expand further into the emerging markets of the Philippines, Vietnam, and, now Nigeria with Moneygram.CreditCare provides formal, innovative financial products, including personal loans and remittances, to the unbanked population, with a fully digital experience or at CreditCare’s 35,000 brick-and-mortar locations.

Maps.me Partners with Monavate to Provide up to 60 Million Active Users with Prepaid Pards Linked to Digital Wallets, Powered by Mastercard

Maps.me, alongside Monavate, announce a new prepaid card offering, powered by Mastercard. Today's consumers are digital, borderless, and proving to be increasingly open to using financial products that are integrated with apps that they use daily and trust. With a waiting list of more than 1 million users for the Maps.me digital wallet, this means all 60 million users of Maps.me could be able to make payments wherever Mastercard is accepted.

SlimPay and Tink Partner to Offer Open Banking Payments to European Merchants

Leading payments fintech SlimPay and Tink, Europe's leading open banking platform, have entered into a European partnership to offer merchants access to open banking powered, account-to-account payments. By combining Tink’s technology with SlimPay's open banking solutions, merchants using ‘SlimCollect’ can now offer their customers a quick and seamless payment journey.

SmartStream and Kynec form Strategic Alliance to Deliver an Integrated OTC Bilateral and Cleared Margin Solution

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, announces the strategic alliance with Kynec, a leading provider of front office clearing solutions, to deliver consolidated margin positions across global OTC cleared and bilateral markets. Financial institutions are looking to better manage their collateral - this alliance integrates cleared margin data from Kynec’s Rubicon platform, together with bilateral OTC margin data from SmartStream’s TLM Collateral Management solution.

OxPay Partners with Pi Pay to Explore International Payments Alliance

OxPay Financial Limited announced that its wholly-owned subsidiary, OxPay SG Pte. Ltd., has entered into a memorandum of understanding (the "MOU") with Pi Pay, a payments solutions platform headquartered in Cambodia, to explore an international payments alliance between various countries including but not limited to Cambodia, Singapore, Indonesia, Thailand and Malaysia.

Easy4Cloud Joins Forces with Fabrick to Expand Offer And Launch Bancheincloud In Italy & Spain

Easy4Cloud, which operates in Italy, the UK, Spain and the USA, digitising different business areas and simplifying their management, has chosen Fabrick to expand its offer and launch BancheinCloud, a Business Intelligence platform for the aggregated management of Current Accounts through which personal, family and corporate accounts can be linked to optimising administrative work.

Fingerprints and Technical Equipment & Supplies Company (Tesco) Partner to Promote Contactless Biometric Payment Cards in the Middle East

World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) and leading financial and banking solution provider, Technical Equipment & Supplies Company (Tesco), are collaborating to promote and support the adoption of contactless biometric payment cards in the Middle East. The partnership follows a strong start to the year for Fingerprints, with its biometric sensors and software platform for biometric payment cards gaining new grounds in Africa, India, and now the Middle East – a key market for the global biometrics company.

Launches 

First In-store Open Banking Payments for Automotive Sector Launched by Vyne and Pendragon

Vyne, the specialist account-to-account payments platform, announces that in a global first, leading automotive retailer Pendragon PLC will offer its account-to-account payment method as the first and preferred payment method both in-dealership and in the future online. The partnership will introduce Vyne’s account-to-account payment capabilities to Pendragon’s automotive brands, including Evans Halshaw, Stratstone and CarStore.

Neobank Revolut Introduces Online Checkout Feature With One-Click Payment

Fintech super-app Revolut is taking on PayPal with its own one-click payment checkout feature for online purchases. UK and EEA merchants can now present ‘Revolut Pay’ as a payment method - alongside the likes of PayPal and Apple Pay - across product, cart, and checkout pages. Shopify, Prestashop, WH Smith and Funky Pigeon are already onboard. Existing Revolut users can use Revolut Pay and pay via saved cards or directly via their account balance.

Griffin Launches Verify, the First Product Available from its API-first BaaS (Banking as a Service) Platform

BaaS (Banking as a Service) fintech firm Griffin announced the launch of Verify, a customer onboarding product. Verify will help regulated fintechs onboard customers at scale while meeting regulatory requirements.The technology behind Verify has always been a core pillar of Griffin's vision to help fintechs launch financial products quickly without compromising on compliance. The company realised there was a gap in the market for a product that addresses the unique challenges of regulated fintechs.

SEBA Bank Launches Ethereum Staking to Enable Institutional Access to Staking Economy

SEBA Bank, a leading global crypto bank, simplifying access to the digital assets economy through a suite of fully regulated banking services, launched Ethereum staking services, an institutional-grade offering enabling clients to earn staking rewards on Ethereum, the second largest cryptocurrency by market cap. The launch of SEBA Bank’s Ethereum staking services caters to growing demand from institutions to manage a range of digital asset yield use cases from staking to decentralized finance (DeFi). 

Digital Lending Platform mPokket launches #MyTeacherMyHero Campaign as an Ode to Unsung Gurus

mPokket – India’s youngest and fastest-growing lending platform – launched its Teacher’s Day campaign, #MyTeacherMyHero, celebrating the contribution of teachers in shaping the future of students. The campaign captures the heroism of every teacher by being a guiding star for every student. The social media campaign has been released on Instagram, Twitter and Facebook.

Merger & Acquisition

Aurora Payments Acquires One Payment

Aurora Payments, LLC announced the acquisition of One Payment, a Florida-based fintech payment company. Co-founded by Luis Requejo and Jorge Calzadilla, One Payment boasts over 6,000 merchants in its portfolio with particular emphasis on minority-owned small and medium-sized businesses. With over $1 billion of volume processed annually, One Payment adds immediate scale to the Aurora platform through its acquisition.

FNZ to Acquire German Wealthtech Diamos

FNZ, the global wealth management platform, announced that it has agreed to acquire DIAMOS AG, the specialised wealthtech provider for the asset and wealth management industry, to further enhance its global wealth management platform. The acquisition will strengthen FNZ’s global client proposition by adding advanced product and service solutions to its existing end-to-end wealth management platform.

Job Moves

PayPal Appoints John Kim Chief Product Officer

PayPal announced that John Kim will join the company as Executive Vice President (EVP), Chief Product Officer (CPO), effective September 26, 2022. Kim brings unique skills and experience building foundational consumer products and marketplaces from the ground up. Throughout his career, he has driven innovative product development to compete and win in rapidly evolving and competitive markets. 

iBanFirst Appoints Six C-Level Executives Supporting its Accelerated Growth

Specialised in international payments, iBanFirst has experienced an average growth of 100% over the past several years and announces a string of new appointments. Ivo Mertens is appointed Chief Revenue Officer. Former Chief Risk Officer Diane Reille is appointed Chief Operating Officer which will include the CSM, Due Diligence, Settlement, and FI relationship teams. Véronique Vingerhoets joins iBanFirst and the Comex as Chief People Officer.

Skilling Appoints Industry Heavyweight as Executive Chairman

Skilling, the international multi-asset fintech company with a Scandinavian heritage has announced the appointment of Jon Squires, as Executive Chairman. Mr. Squires will actively advise the company as it continues to scale up its expanding operations. Based in Cyprus and working closely with Skilling Group CEO Michael Kamerman, Mr. Squires brings nearly 20 years of company leadership experience, within the media and corporate sectors, to Skilling.

Digital Micropayments Platform DT One Announces New Leadership

DT One, a leading global B2B digital micropayments platform powering cross-border transfers of mobile top-ups, data bundles, gaming pins and gift cards, announced it has appointed Myles Bertrand as the new Chief Revenue Officer (CRO) and  Shradha Kampani as the new Chief Product Officer (CPO). Both hires will support DT One’s global growth strategy. These appointments follow the recent announcement of an investment in DT One by Apis Growth  Fund II, a private equity fund managed by Fintech investment specialist Apis Partners.

Paysend Strengthens Executive Leadership Team with Wilhelm Rohde as Group CFO

Paysend, the UK-based fintech, announced the appointment of Wilhelm Rohde, as Group Chief Financial Officer (CFO), effective 01 September, 2022. Mr. Rohde joins Paysend from Swisscard AECS GmbH - a joint venture between American Express / Credit Suisse Joint Venture - where he held the role of CFO and was a member of the Executive Board. A highly experienced senior finance executive, Mr. Rohde spent over a decade at American Express in international business development and finance leadership roles.

Lentra Ramps Up C-Suite with CFO and CHRO Appointments

Lentra, the fastest growing enterprise SaaS company, empowering lenders with a digital lending ecosystem, announced the appointment of Haribandhu Patra as the Chief Financial Officer (CFO) and Bhuvaneswar Naik as the Chief Human Resource Officer (CHRO). These appointments will enhance Lentra’s ability to rapidly scale-up operations and launch innovative technology platforms that empower banks and financial institutions to democratize credit in India.