TransferWise valuation jumps to $5bn in $319m secondary share sale
- 5 years 3 days ago
- Money Transfers
TransferWise today announces secondary sales amounting to a total of $319 million at a new valuation of $5 billion. This amounts to an uplift of 43% since May 2019. The round allowed shareholders and employees to sell some of their holdings to other new and existing investors. TransferWise continues to be profitable, cash generating, with a strong balance sheet, and is not raising any primary capital.
UK Fintech Curve Taps Onfido to Provide Streamlined Onboarding for its Customers
- 5 years 3 days ago
- Digital Identity, Payments, Banking
Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has today announced it has partnered with Onfido, the global identity verification and authentication co
UK fintech Paymentology announces new partnership with Finartix
- 5 years 3 days ago
- Payments
UK fintech Paymentology announces partnership with Finartex Fintech Solutions S.A. to bring data powered and scalable issuing payments solutions to financial institutions in Greece, Cyprus, South Eastern Europe, Eastern Africa, Belgium and Luxembourg.
Computop and Limonetik announce a partnership to help companies to process payments for platform economy
- 5 years 4 days ago
- Payments
Further expanding the scope of many years of working together, Computop and Limonetik are excited to announce that they have signed an agreement for jointly providing marketplace payment services to their wide-ranging bases of European clients.
B4B Payments chooses LHV Banking Services to fuel international growth
LHV, the financial and payment services provider, is pleased to announce award-winning corporate pre-paid payments solution provider, B4B Payments (‘B4B’), has become the latest FinTech customer of its London branch.
FinTech Connect 2020 shifts to digital
- 5 years 4 days ago
- Payments, Banking, FinTech StartUps
IQPC Ltd, the organiser of FinTech Connect which is the UK’s largest financial technology trade show with over 6,000 attendees in 2019, has announced that the 2020 edition will take place as an online event.
Paynetics and phyre launch Digital First Mastercard payment solution
- 5 years 4 days ago
- Payments
Fintech payment service provider Paynetics AD, digital banking platforms provider
Santander partners with Ripple to bring certainty and speed to international payments
- 5 years 1 week ago
- Payments
As well as being one of the biggest banks in the world, Banco Santander also has a reputation as one of the finance industry’s most innovative organizations. Since the launch of its innovation fund, InnoVentures, in 2014, Santander has invested heavily in a range of digital technologies. But every innovation must directly benefit the bank’s millions of customers, like One Pay FX—the transformative cross-border payments service created in... more
BPC Marketplace partners with Brazilian Desk to provide financial access to Micro and SME communities in Latin America
- 5 years 1 week ago
- Payments
BPC, the leading provider of digital payment solutions, partners with specialised market consultancy Brazilian Desk, to connect Brazilian micro and small businesses in key sectors such as agriculture in one digital ecosystem – BPC Marketplace. The closed-loop trading environment, supported by BPC’s payment platform, will be used to forge critical market links and boost Brazilian SME communities’ financial inclusion and instant access to income.
FSS Prepaid CMS to support open marketplace and instant lending
- 5 years 1 week ago
- Payments
FSS (Financial Software and Systems), a globally leading provider of payment products and payments processor, announced the addition of innovative capabilities to its Prepaid Card Management System (Prepaid CMS) to deliver greater value to cardholders. Prepaid card issuers can now issue instant, open-loop virtual co-branded merchant wallets paired with added value services such as instant lending at the point of purchase to differentiate their... more
FICO UK credit market report shows sharp fall in spending and monthly payments
Global analytics software provider FICO today released its May 2020 analysis of UK card trends, which shows the impact of COVID-19 on the credit market. FICO monitors the UK credit market using data reported by the UK’s leading credit card issuers, through its FICO® Benchmark Reporting Service. FICO’s analysis of May 2020 activity provides a clear picture of the impact of COVID-19.
Overbit announces five sketches series aimed at increasing crypto accessibility and adoption
- 5 years 1 week ago
- Cryptocurrencies
Overbit, a leading Bitcoin derivatives trading platform, has announced a new series of comedy sketches - aimed at highlighting the ease and accessibility of digital currency trading to the masses bringing comedy during the COVID-19 pandemic.
Ant Group unveils new technology brand AntChain and all-in-one workstation AntChain Station for express blockchain deployment
- 5 years 1 week ago
- Blockchain, Payments
Ant Group, a leading provider of financial services technology, and the parent company of China’s largest mobile payments business Alipay, today officially launched AntChain, a new technology brand for the company’s blockchain-based solutions that also aggregates other digital technologies including AI, Internet of Things (IoT) and secure computation.
Change, efficiency and fraud: how payments professionals can help shape a better world
- 5 years 1 week ago
- Payments
Bottomline’s virtual media roundtable, hosted by the company’s Ed Adshead-Grant last month, gave three financial experts the chance to discuss the findings of the Bottomline Business Payments Barometer 2020 and their implications across the UK payments landscape. ********************************************** Box panel Gavin Maclean, Head of Cash Management and Payment Product, Lloyds Banking Group:
Lloyds Banking Group and Form3 have entered into a strategic partnership
Lloyds Banking Group (Lloyds) has today announced a strategic partnership with Form3, a cloud-native payments technology fintech, to accelerate its digital transformation and enhance the digital experience for customers.
