Tumelo Raises $19m
- 3 years 2 weeks ago
- Payments
Tumelo, a UK startup that helps investment platforms and pension providers give investors insight into which firms their money is being put into, and a voice on issues such as board diversity and climate change, has raised $19 million. The Series A round was led by fintech venture fund Treasury
DriveWealth's CEO is a Former Visa Crypto and Fintech Executive
- 3 years 2 weeks ago
- Credit Cards
Terry Angelos, Visa's global head of crypto and fintech, is quitting the card scheme to join fractional investment trading platform DriveWealth as CEO. DriveWealth’s APIs are utilised by over 100 global fintechs, challenger banks, and digital wallets - such as Block's Cash App and Revolut - to purchase fractional shares of US equities.
Banking Circle Partners With Gresham to Streamline Cash Control and Scale to Rapid Growth
- 3 years 2 weeks ago
- Payments
Gresham Technologies (Gresham) today announced that next-generation digital B2B payments and banking services provider, Banking Circle, has adopted Gresham’s Control solution for cash reconciliation.
Fast-growing Fintech Start-up Leverages Next-gen Payment Solution to Revolutionise Ecommerce Spending
- 3 years 2 weeks ago
- Payments
B4B Payments, a leading global payments provider, is pleased to announce an exciting new partnership. Swedish fintech start-up Juni has chosen UK payment solutions provider B4B Payments to deliver their innovative financial services offering for ecommerce companies, this is delivered as part of a new service by B4B, designed to help fintech start-ups scale their offerings more rapidly.
Global Identity Verification Provider ID-Pal Launches in the UK
- 3 years 2 weeks ago
- Payments
Founded in Ireland, ID-Pal supports SMEs and enterprises across Ireland, the US, EU and UK Rising levels of identity fraud and the increasing complexity of regulation leaves businesses vulnerable to financial crime and the rising cost of compliance ID-Pal’s technology-first approach offers global coverage of over 6000 ID documents across 200 countries and jurisdictions
Mollie Named a BigCommerce Preferred Technology Partner
- 3 years 2 weeks ago
- Payments
Mollie offers flexible online payments to help BigCommerce merchants ignite growth
Signifyd Now Exclusive Provider of Commerce Protection Technology for DNA Payments’ Intelligent Payment Ecosystem.
- 3 years 2 weeks ago
- Payments
One of the world’s fully vertically integrated omnichannel payments companies selected Signifyd’s technology as its commerce protection solution to increase conversion and reduce fraud for merchants in its ecosystem Signifyd, the market leader in ecommerce fraud protection, has announced it will be DNA Payments’ exclusive integrated fraud protection technology, signalling Signifyd’s expanding role in serving as the fraud solution provider for... more
Lemonade Finance Upgrades UK to Africa Remittances With TrueLayer’s Open Banking Platform
- 3 years 2 weeks ago
- Payments
Customers can connect their bank to the remittance platform via TrueLayer to confirm account details. Payments from TrueLayer enable Instant and secure funds transfer from a customer’s UK bank account to recipients in Nigeria, Ghana and Kenya. TrueLayer, Europe’s leading open banking platform, today announces its collaboration with innovative fintech firm Lemonade Finance. Founded in 2020, the firm was built to serve the African diaspora, with a... more
Worldline and IVS Group Announce Partnership to Boost Cashless Payments in Vending Machines in Italy, France and Across Europe
- 3 years 2 weeks ago
- Payments
Worldline (Euronext: WLN), a global leader in payments services, is partnering with IVS Group, the Italian leader and the second largest player in Europe in automatic and semi-automatic vending machines, to maximise the acceptance of cashless transactions. France and Italy are the first countries where Worldline and IVS roll out their offering, before making the solution available to the whole European market.
Bukele Bets Big on Bitcoin
- 3 years 2 weeks ago
- Bitcoins
In the midst of a selloff, El Salvador’s President Nayib Bukele added an additional 500 Bitcoin to the country’s balance sheet. The purchase is the country’s largest since it first added Bitcoin to its assets last September. The average price of purchase was roughly $30,744, and the country now holds over 2,300 Bitcoin, currently worth approximately $70 million.
Majority of Savers Interested in Their Pension but Need More Help to Save for a Comfortable Retirement
- 3 years 2 weeks ago
- Payments
Over two thirds of savers are interested in their pension pot Interest in pensions would increase as the size of pots grow for 71% of savers · 16% of savers don’t know how much they will need in their pot for later life
Payment Solution Disruptor xpate Expands Developer Team Amid Surge in Cross-border Ecommerce
- 3 years 2 weeks ago
- Payments
xpate, the rapidly-growing simplified cross-border payment solution provider, has announced a significant expansion of its disruptive developer team, with 35 new team members onboard to speed up building services aimed to enhance flexibility and data processing for merchants and acquirers.
Wirex Reaches 150,000 Registrations in US
- 3 years 2 weeks ago
- Cryptocurrencies
Leading cryptocurrency platform Wirex has secured over 150,000 registrations to its crypto app that launched in the US 6 weeks ago. Linked to a crypto-backed Visa card, Wirex will work with Visa, a world leader in digital payments, to provide a unique set of payment and crypto services that aims to improve the everyday lives of fintech fans and crypto enthusiasts alike.
89% of Businesses Get Paid on Time When Using Automated Accounts Receivable According to New BlueSnap Survey
- 3 years 3 weeks ago
- Payments
Study finds most companies have automated too few steps in the AR process to achieve true benefits of end-to-end AR automation
Gate.io Leads $10 Million Series A Funding for Stanhope Financial Group to Fuel Growth
- 3 years 3 weeks ago
- Cryptocurrencies
Stanhope Financial Group, an Ireland-based global fintech company that provides businesses with a full suite of banking services, has raised in excess of USD 10 million for its Series A funding round.