United Fintech Secures Strategic Investments from BNP Paribas and Citi
- 1 month 3 weeks ago
- Infrastructure
BNP Paribas and Citi have become the first institutional investors in United Fintech Group Limited (“United Fintech”), a neutral Digital Transformation Platform, as part of a strategic investment round led by Citi.
Finnish Digital Neobank Opens in Sweden and Raises the Interest Rates on Fixed-term Deposits to a New Level
- 1 month 3 weeks ago
- Infrastructure
Saldo Bank, which is starting its operations in Sweden, offers an interest rate of as much as 5% for a year's deposit. "We want to increase fairness in fixed-term deposits," says Jarkko Mäensivu, the CEO of Saldo Bank. The digital neobank with a Finnish background, Saldo Bank, will lift the interest rate competition of the fixed-term deposits to a new level in Sweden.
NatWest and Cogo Launch SME Toolkit
- 1 month 4 weeks ago
- Infrastructure
Cogo and NatWest have launched a new easy-to-use toolkit to help SMEs meet increasing pressure on climate reporting.
Nuvei Launches Direct Local Acquiring in Colombia
- 1 month 4 weeks ago
- Infrastructure
Nuvei Corporation, the Canadian fintech company, announces today that it has launched direct local acquiring capabilities in Colombia, further expanding its presence in Latin America (LATAM) and strengthening its overall footprint in the region.
MoneyHero Group Anticipates Year-Over-Year Revenue Growth of at Least 60% in Singapore and 50% in Hong Kong
- 2 months 1 day ago
- Infrastructure
MoneyHero Limited, a market-leading personal finance aggregation and comparison platform in Greater Southeast Asia, today reported that, based on a preliminary and unaudited review, the Company anticipates year-over-year revenue growth of at least 60% in Singapore and 50% in Hong Kong for January 2024.
PNC Bank Announces Nearly $1 Billion Investment In Coast-to-Coast Branch Network
- 2 months 4 days ago
- Infrastructure
PNC Bank announced today a significant investment in its branch network aimed at extending access to banking services and financial expertise for customers and communities across the country. The plan includes an approximate $1 billion investment to open more than 100 new locations and renovate more than 1,200 existing locations through 2028.
Fils Partners with Telr to Drive Sustainability in Finance and Payments
- 2 months 5 days ago
- Infrastructure
Fils, a groundbreaking ESG-focused digital infrastructure fintech, has achieved another milestone in its mission to help more businesses measure and mitigate their environmental impact with a strategic partnership with Telr, the award-winning online payment gateway.
Ripple Announces Acquisition of Standard Custody & Trust Company, Expands Its Portfolio of Regulatory Licenses
- 2 months 5 days ago
- Infrastructure
Ripple, the leader in enterprise blockchain and crypto solutions, announced today that it has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for
Revolut Launches eSIM, a Seamless Way to Avoid Unexpected Roaming Charges
- 2 months 6 days ago
- Infrastructure
Revolut, the global financial app with over 35 million customers worldwide and 8+ million in the UK becomes the first financial institution in the UK to offer eSIMs and global data plans to its UK customers. Revolut eSIM allows customers to roam like a local, and stay connected without unexpected roaming charges and interruptions.
Navro (Formerly Paytrix) is Authorised by Central Bank of Ireland to Provide EU-Regulated, Global Payment Services and Has Secured $14M
- 2 months 1 week ago
- Fundraising News, Infrastructure
Navro – the pioneering fintech firm formerly known as Paytrix that simplifies global payments for international businesses – today confirms that it has been authorised by the Central Bank of Ireland as an Electronic Money Institution (EMI). Under the terms of the licence, fast-growth businesses with international ambitions can benefit from Navro’s global payments curation services under the protection of European Union regulation.
FintechOS Reports 40% Year-over-Year Revenue Growth for 2023
- 2 months 2 weeks ago
- Infrastructure
FintechOS announced 40% year-over-year revenue growth in 2023, with the company expecting to achieve profitability in the first half of 2024. Growth has been driven by winning new customers in strategic markets, including the US, UK, Continental Europe, and most recently Asia-Pacific.
Mastercard and Last Mile Solutions Launch a Universal Payment-terminal Solution for EV Charging in Europe
- 2 months 2 weeks ago
- Payments, Infrastructure
Today, Mastercard and Last Mile Solutions announced a new partnership to establish new payment standards for the Electric Vehicle (EV) charging industry, that will enhance the user payment experience at charging stations.
Bank of Ireland to Invest Over €60 Million in Branches and ATMs
- 2 months 2 weeks ago
- Investment, ATMs, Infrastructure
Bank of Ireland has announced a landmark investment of more than €60 million in a range of branch improvements, including the Bank’s largest single investment in ATMs in the last decade. Starting later this year, a new fleet of state-of-the-art ATMs will be rolled out to all branches throughout the Island of Ireland between now and 2027.
Nexi Strengthens Its Commitment to Decarbonization: Zero Emissions by 2040 and Climate Targets by 2030
- 2 months 2 weeks ago
- Infrastructure
Nexi, the European PayTech leader,
Virgin Money Selects Mind and SAMH as New Charity Partners to Improve Support for People Experiencing Financial Worry
- 2 months 2 weeks ago
- Infrastructure
Virgin Money has chosen mental health charities Mind and SAMH (Scottish Action for Mental Health) as new corporate charity partners. Given the intrinsic link between money and mental health, Virgin Money will work alongside Mind and SAMH to support anyone affected by mental health problems and money worries and direct them to the vital services the charities provide - regardless of whether they are a Virgin Money customer or not.
