Nuvei Launches in Japan
- 1 year 6 months ago
- Infrastructure
Nuvei Corporation, the Canadian fintech company, today announces an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. The license enables Nuvei to progress with launching direct acquiring capabilities in Japan across all major card schemes, and to extend its direct connectivity with all relevant alternative... more
Abrigo Acquires Integrated Financial Solutions
- 1 year 6 months ago
- Infrastructure
Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has acquired Integrated Financial Solutions (IFS), the provider of IFSLeaseWorks, a leader in end-to-end lease and loan origination and administration automation. The acquisition of the company, based in Hasbrouck Heights, N.J., marks the latest in a series of strategic investments by Abrigo to help financial institutions gain efficiency... more
Nu Mexico Reaches 10 Million Customers, Doubling Its Customer Base in One Year
- 1 year 6 months ago
- Infrastructure
Five years after launching its first product in Mexico, Nu announced today that it has reached 10 million customers in the country, doubling its customer base over the past 12 months. Since entering the market, the local portfolio expanded from a credit card to savings account with Cajitas (Money Boxes), a debit card, as well as personal loans, transforming the lives of nearly 12% of the adult Mexican population.
Clearstream Banking AG Enables Proxy-Voting at US General Meetings in Partnership with Proxymity
- 1 year 7 months ago
- Infrastructure
Clearstream, Deutsche Börse Group’s post-trade services provider, has enhanced its US network link by partnering with Proxymity. Proxymity Vote Connect Total US (VCT US) enables institutional and retail investors owning US shares to vote at US general meetings.
DriveWealth and Moment Partner to Democratize Fixed-Income Investing, Lowering Bond Investment Barriers
- 1 year 7 months ago
- Infrastructure
DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today unveiled its partnership with
Binance Labs Rebrands to YZi Labs, Expands Focus to Web3, AI, and Biotech
- 1 year 7 months ago
- Infrastructure
Binance Labs has rebranded to YZi Labs, marking its independence and broader investment focus beyond blockchain into Web3, AI, and biotechnology (biotech). CZ will take an active role in mentoring and coaching startup founders, while Ella Zhang returns as Head of YZi Labs to guide the firm’s next growth phase. The rebranding signifies a commitment to innovation and long-term value creation across multiple transformative sectors.
Pomelo Group Acquires Fellow Singaporean FinTech Arrow Checkout
- 1 year 7 months ago
- Infrastructure
Pomelo Group has completed the acquisition of fellow Singaporean FinTech Payments company Arrow Checkout. The company was founded in 2021 by leading Payments experts from Grab and Tencent. Arrow offered eCommerce and checkout payments technology, was backed by Y Combinator, and raised funding from Peak XV (formerly Sequoia India and Southeast Asia), Alpha JWC, Meta, and leading angel investors from Checkout.com, Coinbase, Grab and VISA.
Checkout.com Achieves 45% Growth and Sets Stage for Return to Profitability
- 1 year 7 months ago
- Infrastructure
Checkout.com, a leading global digital payments company, today announces a profitable end to 2024 and 45% year-on-year net revenue growth in its core business, which serves the commerce and fintech sectors and accounts for 95% of total volumes. These milestones underscore the company’s commitment to delivering the best possible value to global digital enterprises through better payment performance.
The Payments Association Urges the House of Commons to Address Financial Exclusion
- 1 year 7 months ago
- Infrastructure
The Payments Association, a trade group representing the payments sector, yesterday presented the policy recommendations that were proposed in its white paper to the House of Commons.
Sygnum Accelerates European Expansion with Société Générale-FORGE’s EURO Stablecoin
- 1 year 7 months ago
- Infrastructure
Sygnum, a global digital asset banking group who recently announced its expanded EU market entry, is further enhancing its B2B platform offering via a collaboration with Societe Generale-FORGE, the digital asset subsidiary of one of Europe’s largest financial services groups, Société Générale. The EUR CoinVertible (EURCV), a MiCA regulated stablecoin, will be the first Societe Generale-FORGE product made available to Sygnum’s 20+ partner banks... more
Pension-Finding Platform Raindrop Reunites Customers with £251 Million in Lost Pension Pots Last Year
- 1 year 7 months ago
- Infrastructure
Pension-finding platform, Raindrop reveals a year of strong growth with £251m recovered in lost pension pots for customers in 2024. This marks a 61% increase in the number of lost pension pots the Raindrop solution located in 2023, when it traced £156 million. Since launch, Raindrop has found over £460 million in lost pots.
Marqeta Powers Trading 212’s Expansion into Continental Europe
- 1 year 7 months ago
- Infrastructure
Marqeta , the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is powering Trading 212’s launch into 20 countries in continental Europe.
Standard Chartered Has Introduced SC PrismFX
- 1 year 7 months ago
- Infrastructure
Standard Chartered today announced the launch of SC PrismFX, its cross-currency Transactional foreign exchange (FX) solutions suite. SC PrismFX is available for Financial Institution (FI), Non-Banking Financial Institution (NBFI), PayTech, and Corporate clients globally.
SoFi And PGIM Fixed Income Announce $525 Million Securitization Agreement, Signaling Continued Demand For Personal Loans
- 1 year 7 months ago
- Infrastructure
SoFi Technologies, Inc., a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $525 million personal loan securitization agreement closed in Q4 2024 with funds and accounts managed by
Global Insurtech BOXX Insurance Continues US Expansion Plans With Product And Distribution Management Leadership Hires
- 1 year 7 months ago
- Infrastructure
BOXX Insurance, a leading global cyber Insurtech, is excited to announce three new appointments to support its growth agenda in the US.
