Newcastle Intermediaries Remove Minimum Income Requirement on BTL Mortgages
- 1 year 10 months ago
- Payments
Newcastle Intermediaries has removed the minimum income criteria on its Buy to Let (BTL) mortgage products in an effort to broaden its appeal with landlords who have lower or non-traditional incomes. From 4th May borrowers no longer need to meet the £25k pa (£30k joint) minimum income requirement on Newcastle Intermediaries’ BTL mortgage products, with affordability instead being assessed on the Interest Coverage Ratio (ICR).
AQRU.io Platform Surpasses US$50 Million in Assets under Management and 20,000 Customer Signups in Five Months
- 1 year 10 months ago
- Cryptocurrencies
AQRU plc, an incubator specialising in decentralised finance (DeFi), announces today that its wholly owned subsidiary, Accru Finance Ltd., has surpassed US$50 million in assets under management and 20,000 user signups on its proprietary yield-generating platform, AQRU.io. The milestone was achieved only five months since the platform’s launch and 39 days after the company announced that it reached around US$20 million (£16.5 million) in... more
Cake DeFi Enters into Esports with Competitive Gaming Platform FACEIT in Multi-million Dollar Deal
- 1 year 10 months ago
- Cryptocurrencies
FACEIT, the world’s leading platform for competitive online gaming, has today announced a multi-million dollar partnership with Cake DeFi, one of the world’s fastest growing crypto fintech platforms, which allows users to earn cash flow from their crypto. Facilitated by Pivot Agency, the collaboration will provide Cake DeFi with authentic brand exposure to all FACEIT users globally through a series of bespoke and multifaceted gaming experiences... more
06/05 – Weekly Fintech Recap
- 1 year 10 months ago
- Open Banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Ophelos Partners with Credit Card Startup, Yonder, for Ethical Debt Resolution
DivideBuy wins Best POS Solution at Cards & Payments Awards 2022
- 1 year 10 months ago
- Payments
DivideBuy, the leading UK LendTech, has won the Best POS Solution category at the Cards & Payments Awards 2022, beating ACI Worldwide, Worldpay and UTP, as well as being shortlisted for the Best Consumer Credit Card or Credit Facility category. Following an impressive period of growth for the Stoke-on-Trent company, this important award win paves the way for further growth in 2022 and beyond.
MIBR Announces Historic Sponsorship with Bybit
- 1 year 10 months ago
- Cryptocurrencies
MIBR, the biggest esports team in Brazil, brings on board Bybit, one of the fastest growing crypto exchanges in the world, as a new partner and sponsor for the following three years. This is the first sponsorship deal for Bybit since it announced its expansion into Brazil. The announcement marks Bybit's designation as the official sponsor of MIBR's professional teams of both male and female players across various competitive esports arenas such... more
Babel Finance Appoints Yang Song as Treasury Head as Crypto Lending Business Expands
- 1 year 10 months ago
- Cryptocurrencies
Babel Finance announced on April 18 the appointment of Yang Song as Head of Treasury. Babel Finance Financial Services has newly established this role as the business expands the scope of its services to more varied customer groups. Babel Finance, which has Asia's largest crypto lending book, has now established a treasury section to improve risk management and provide adequate liquidity for its lending operation.
IDT Corporation Postpones Spinoff of net2phone
- 1 year 10 months ago
- Payments
IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced today that, in light of current market conditions, its Board of Directors has postponed the spinoff of its net2phone cloud communications segment, which it had been preparing to spin off on or before July 31st, 2022.
Flywire Survey: B2B Finance Professionals Look to Payment Process Improvements to Help Accelerate Profitability
- 1 year 10 months ago
- Payments
As companies continue to adapt to the digital world, those with antiquated payment processes are facing major disadvantages affecting both revenue and reach, according to a new survey of finance professionals commissioned by Flywire, a global payments and enablement software company. There’s an imminent need for B2B companies to overhaul their A/R processes, as an overwhelming majority of finance professionals surveyed (92%) believe they could... more
Agreement Between Confcommercio Milano, Lodi, Monza e Brianza and Nexi for the Digitalization of Neighborhood Stores
- 1 year 10 months ago
- Payments
The collaboration agreement between Confcommercio Milano, Lodi, Monza e Brianza (General Federation of Italian Commerce and Tourism for the provinces of Milan, Lodi, Monza and Brianza), and Nexi for the digitalization of local and neighborhood stores has been signed.
IRIS Software Group Acquires Ireland’s Premier Payroll Services Provider, Paycheck Plus
- 1 year 10 months ago
- Payments
IRIS Software Group (IRIS) is today announcing it has acquired Paycheck Plus. Founded in 2005, the Drogheda based business has grown consistently into Ireland’s premier payroll services provider, with clients in Ireland, the UK, across Europe, and in the USA. Paycheck Plus provides an extensive range of payroll outsourcing services and has a relentless focus on accuracy, timeliness and compliance. This closely aligns with IRIS’ mission to take... more
Nets Chosen by Travel-focused ‘myTU’ for Issuer Processing & Digital Services
- 1 year 10 months ago
- Payments
myTU, from UAB Travel Union, has chosen European payments leader Nets to provide issuer processing and digital services, including cards and mobile payment capabilities, including Apple Pay and Google Pay, for its customers.
Payer Announces New Chairman of the Board
- 1 year 10 months ago
- Payments
Payer announced today that Dominik Belloin, one of its board members, has been appointed as the new Chairman of the Board. Dominik Belloin succeeds Annika Javestad, who served in the role during the development phase. The appointment now awaits the approval of the FSA.
Zilch, the UK-based BNPL Unicorn, is Getting Ready for a US Launch
- 1 year 10 months ago
- Payments
Prior to launching in the United States, Zilch, a London-based fintech, joined the Financial Technology Association (FTA) to encourage ethical innovation.
Worldline India’s SMB Vertical is Growing at Over 50 Per Cent Year-on-year
- 1 year 10 months ago
- Payments
Worldline, a global leader in the payments industry and the technology partner of choice for merchants, banks and acquirers today announced that its Small and Mid-Size Business (SMB) vertical is growing at over 50 per cent y-o-y in India. Powered by over 7 lakh SMB merchants on its platform and driven by an innovative full-service plug & play payment product suite for every use case, Worldline expects to achieve a milestone of 1 million SMB... more