12/09 – Weekly Fintech Recap
- 4 years 1 month ago
- Artificial Intelligence, Payments, FinTech StartUps, M&A Deals, People Moves
Partnerships Zai and TerraPay Partner to Accelerate Cross-border Payments Globally
Neobank Revolut Introduces Online Checkout Feature With One-Click Payment
- 4 years 1 month ago
- Payments
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.
Aurora Payments Acquires One Payment
- 4 years 1 month ago
- Payments
Aurora Payments, LLC is thrilled to announce 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.
Payments Council of India Welcomes the Steps Outlined for the Prevention of Illegal Loan Apps, Based on the Meeting Chaired by the Finance Minister
- 4 years 1 month ago
- Payments
Payments Council of India (PCI), the representative body of digital payment system participants in India welcomes the steps outlined to prevent operations of illegal loan apps, resulting from the meeting held on 8th September 2022. During the meeting, the Finance Minister expressed the concerns arising out of illegal loan apps offering loans and microcredits to vulnerable/low-income groups and exploiting these groups through various illicit... more
Zai and TerraPay Partner to Accelerate Cross-border Payments Globally
- 4 years 1 month ago
- Payments
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.
Easy EP Partners with Carta Worldwide in Boost to Southern European Fintech
- 4 years 1 month ago
- Payments
Easy Payment & Finance (Easy EP), a leading financial payment and technology enabler in Spain, today announced it has selected proven global digital payments pioneer, Carta Worldwide, a subsidiary of Mogo Inc., to underpin its new card offering.
Alpian Partners with Visa to Offer Innovative, Digital, and Smart Payment Solutions for Switzerland
- 4 years 1 month ago
- Payments
Alpian SA, Switzerland's first digital private bank, today announces its partnership with Visa, a world leader in digital payments. With this step Alpian has become a Principal Member of Visa, allowing the company to issue its exclusive metal debit card in Switzerland.
Kani Payments Bolsters Senior Team with Appointment of Dan Clappison as Chief Operating Officer
- 4 years 1 month ago
- Payments
Kani Payments, the disruptive UK data reconciliation and reporting platform, today announces the significant appointment of Dan Clappison to Chief Operating Officer (COO) to bolster the leadership team and drive operations across the company as it continues to grow and scale.
OxPay Partners with Pi Pay to Explore International Payments Alliance
- 4 years 1 month ago
- Payments
OxPay Financial Limited is pleased to announce 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.
Fingerprints and Technical Equipment & Supplies Company (Tesco) Partner to Promote Contactless Biometric Payment Cards in the Middle East
- 4 years 1 month ago
- Payments
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.
Mondu Bolsters C-Suite by Appointing a Chief Commercial Officer and Chief People Officer
- 4 years 1 month ago
- Payments
B2B payments company Mondu has announced the appointment of two senior hires to its c-suite. Mondu has welcomed Julian Kurz as CCO and Lauren Hoehlein Joseph as CPO, who will support the expansion of Mondu’s team and product internationally. The appointments follow the company’s $43M Series A round announced earlier this year.
Cornerstone FS Acquires Specialist FX and Treasury Consultancy Pangea FX Limited
- 4 years 1 month ago
- Payments
Cornerstone FS, the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into an agreement to acquire the entire issued and to be issued share capital of Pangea FX Limited (“Pangea”), a specialist FX and treasury consultancy (the “Acquisition”). The total consideration payable for the Acquisition is up to £200,000 (dependent upon future... more
Flutterwave Secures Switching and Processing License, Nigeria’s Highest Payments Processing License
- 4 years 1 month ago
- Payments
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)— widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services.
Moneycorp Expands European Footprint with Launch of Moneycorp France
- 4 years 1 month ago
- Payments
Moneycorp - a leading global payments services provider - has today announced its launch in France as part of its rapidly expanding European business.
O-CITY Leads Kenya Contactless Payment Boom by Scaling Digital Fare Collection for Over 10,000 Matatu Buses
- 4 years 1 month ago
- Payments
O-CITY, the automated fare collection provider by BPC, has been accelerating cashless fare collection across Kenya by providing a widely popular service, now digitising payments across over 10,000 Matatu buses. This represents a tenfold increase in Matatu buses using the service since its pilot only a couple of years ago during the COVID-19 pandemic.
