4/02 – Weekly Fintech Recap
- 4 years 8 months ago
- APIs, Artificial Intelligence, Blockchain, Digital banking, E-Commerce, RegTech, Payments, Banking, Data, Corporate, Infrastructure, M&A Deals, People Moves
Partnerships Nium and FINCI announce partnership to strengthen payment services internationally Fintech company FINCI announced a partnership with global payments and cards issuance leader Nium, that will leverage Nium’s competitive FX rates and extensive pay-out network in strategic markets across the APAC and EMEA regions. The collaboration will enable real-time payments to new markets and improve services to existing regions for FINCI’s... more
PayMe India empowers customers with ‘Buy Now Pay Later’ feature on ‘SALT’ app
- 4 years 8 months ago
- Payments
The launch to take place today at Radisson Blu, Noida PayMe India launched a unique application ‘SALT’ that allows users to buy something without paying immediately. The buyer enjoys a credit limit and can pay his bills later within a specified interest-free period. And, individuals who don’t even possess a credit card can avail of these services through SALT.
Bnpl Player Kueski Appoints Krishna Venkatraman Chief Data Officer
- 4 years 8 months ago
- Payments
Kueski, one of the largest buy now, pay later (BNPL) and online consumer lenders in Latin America, today announced the appointment of Krishna Venkatraman as the company's chief data officer. In this capacity, Venkatraman will focus on amplifying the scope of Kueski’s data capabilities, from credit risk to other aspects like engagement, personalization and retention.
Chargebee Raises Another $250 Million
- 4 years 8 months ago
- Management, Payments
Chargebee, the leading subscription management platform, today announced the closing of a $250 million investment round co-led by Tiger Global and Sequoia Capital, along with returning investors including Insight Partners, Sapphire and Steadview Capital.
Cashflow Keeping Business Leaders Awake at Night as Smes ‘extremely Concerned’ for 2022
- 4 years 8 months ago
- Payments
A survey by alternative lender Capify revealed the majority of SME owners have cashflow concerns for the year ahead, with a fifth fearing they would not survive another lockdown But survey also reveals UK SME resilience, with 60% increasing turnover in 2021 and a similar number expecting growth and new hires for 2022 Cashflow is keeping business owners awake at night, with over half concerned about their incomings and outgoings, a new survey... more
American Express Research Reveals the Multiple Benefits That Personal Travel Offers Small Business Leaders
- 4 years 8 months ago
- Payments
New research from American Express reveals that small business leaders are dreaming of rediscovering the joys - and ongoing benefits - of travel, with approaching two-thirds (65%) planning to take multiple trips in 2022, and almost seven in 10 (68%) stating that personal travel boosts their ability to run their business well.
Outseer Expands Industry-Leading Fraud Protection into Emerging Payments Categories
- 4 years 8 months ago
- Payments
Outseer Emerging Payments™ builds on decades of fraud prevention and machine learning innovation with new solution for Buy Now, Pay Later installments
8 Out of 10 Card Payments Now Contactless in the Nordics
- 4 years 8 months ago
- Payments
Denmark leads the pack with a staggering 90 per cent of card payments now contactless. Norway is close behind at 87 per cent. Sweden and Finland have now both surpassed 70 per cent.
Chile’s Data-driven Lender Mento Launches on Mambu to Improve Financial Inclusion
- 4 years 8 months ago
- Payments, Credit Cards
Mento’s migration to the leading cloud banking platform will bolster Chile’s efforts to improve financial inclusion by providing microlending and other credit options to the unbanked and underbanked
B2B Payments Platform Billhop Raises €10.5 Million Led by EQT Ventures to Help Businesses Optimise Working Capital and Gain Process Efficiencies
- 4 years 8 months ago
- Fundraising News, Payments
Billhop enables businesses to pay supplier invoices using existing cards, regardless of the suppliers’ payment stack – tapping into $120 trillion B2B payments market, which lacks low-friction options compared to B2C Creates opportunities for increased capital efficiencies, creating win-wins for all buyers, sellers, and their payment providers New funding will be used for hiring, customer acquisition, and geographical expansion
Nium and FINCI Announce Partnership to Strengthen Payment Services Internationally
- 4 years 8 months ago
- Payments, Credit Cards
The partnership will enable FINCI to provide quicker and more cost-effective pay-outs to key markets in Europe and APAC
THG Adds Nuvei as Global Payments Provider
- 4 years 8 months ago
- Payments
Nuvei Corporation, the global payment technology partner of thriving brands, announces today that it has gone live as a payment provider with THG plc, the global technology platform company specialising in
Accenture to Develop UAE National Instant Payment Platform
Accenture has been selected by the Central Bank of the UAE (CBUAE) to lead a consortium of companies to help execute its National Payment Systems Strategy. In collaboration with SIA, now part of Nexi Group, and G42, Accenture will build and operate the National Instant Payment Platform (IPP) over the next five years.
Splitit Finds Over Half of Uk Credit Card Holders Plan to Use Buy Now, Pay Later in 2022
- 4 years 8 months ago
- Payments, Credit Cards
Over half of UK credit card holders (54%) plan on using a Buy Now, Pay Later (BNPL)1 service within the next 12 months. 46% agree using a BNPL service is a smarter way to manage their finances. In the next year, a fifth (20%) plan to use a BNPL service over four times. Just under half (49%) agree they prefer a BNPL service that works with their current credit card(s).
Failure of 'easy' Resolutions Show It Is Time for Brits to Take a Long-term View
- 4 years 8 months ago
- Digital banking, Personal Finance, Payments
People believe popular new year’s resolutions such as exercising or eating healthily are easier to commit to than saving into their pension Less than half of adults say they would easily commit to saving an extra £75 a month into their pension One in five people don’t currently save into their pension each month
