ClearBank Ltd. Reaches Profitability as Revenue Climbs to Over £45M
- 3 years 5 months ago
- Banking
ClearBank Ltd., the enabler of secure accounts, real-time clearing, and Embedded Banking for financial institutions, today announced that it has reached profitability. ClearBank Ltd. has generated £45.4m in revenue YTD and from October has reached monthly profitability in the UK.
wefox Appoints Laura Eschricht as Chief Marketing Officer
- 3 years 5 months ago
- People Moves
wefox, the world’s leading insurtech, has appointed Laura Eschricht as Chief Marketing Officer, with immediate effect.
PayNearby Issues over 1 lakh PAN Cards from Semi-Urban and Rural Kirana Stores
- 3 years 5 months ago
- Credit Cards
In its bid to provide valid proof of identity and bring all at the last mile into the formal financial fold, PayNearby, India’s largest branchless banking and digital network, has registered 75,000+ semi-urban and rural retail counters in the country as PAN issuance agents. These retail counters include kirana stores, mobile recharge stores, medical shops and travel agents. With the launch of this service, customers can go to the nearby store...
Cashflows Finds 96% of SMB Payments Decision Makers Lack Understanding of Payments Process
- 3 years 5 months ago
- Payments
Cashflows, the platform that makes it easy for merchants to accept payments, today announces new research highlighting a potential skills gap in the payments industry.
UK Fintech Atoa Secures $2.2M Pre-seed Round as it Kills Visa and Mastercard Fees for Businesses
- 3 years 5 months ago
- Fundraising News
There are more than 4 million small businesses in the UK which have no viable alternative to debit card payments and are reliant on Mastercard or Visa payment rails. Challenging this status quo, UK fintech Atoa Payments is announcing a $2.2M pre-seed funding round to reduce by 70% the payment fees and offer a new approach to making payments.
Aussie Fintech Nine25 Releases First-to-market Open Payroll Data Platform
- 3 years 5 months ago
- Data
Aussie fintech Nine25 today announced its partnership with cloud-based payroll platform, KeyPay, launching a first-to-market open payroll data and Salary Streaming™ platform.
Last Chance to Secure Your Early Bird Pass for iFX EXPO Dubai 2023
- 3 years 5 months ago
- Infrastructure
The fintech world is getting ready for the next iFX EXPO Dubai edition that will take place 16-18 January 2023 at Dubai World Trade Centre. With booths and sponsorships booked in a record time, this show is expected to be the largest iFX EXPO event ever held in the MENA region. iFX EXPO Dubai 2023 will host 40% more exhibitors than the previous Dubai edition and will welcome around 3500 attendees from all over the world.
iwocaPay Integrates with WooCommerce to Offer B2B Buy Now, Pay Later to E-commerce Businesses
- 3 years 5 months ago
- Payments
iwoca, one of Europe’s largest small business lenders, is today announcing the integration of its B2B payment solution iwocaPay with leading ecommerce software WooCommerce.
Dutch Operator BetCity Partners with TrueLayer to Deliver Instant Payouts for Players
- 3 years 5 months ago
- Open Banking
TrueLayer, Europe’s leading open banking platform, today announced its partnership with Dutch online gaming operator BetCity to enable instant payouts for customers, powered by open banking. This is the latest move by a European operator to ensure players are no longer left waiting to receive their winnings.
OKX Users Can Now Verify that Their Assets are Backed 1:1
- 3 years 5 months ago
- Blockchain
OKX, the world’s second-largest crypto exchange by trading volume, has launched three new leading offerings that are granting its retail and institutional users greater visibility into their assets, and what is backing them, as well as greater control over their funds.
Novo Announces $35M in Funding
- 3 years 5 months ago
- Fundraising News
Novo, the powerfully simple fintech platform for small businesses, announced that GGV Capital has joined the company’s Series B as a strategic investor with an additional $35 million. This brings Novo’s Series B to $125 million, and total equity funding to more than $170 million. Robin Li, Principal, GGV Capital will join the board as an observer.
11th Global Islamic Microfinance Forum Successfully Concluded in Dubai – United Arab Emirates
- 3 years 5 months ago
- Islamic Finance
11th Global Islamic Microfinance Forum was successfully concluded at Metropolitan Hotel Dubai, UAE under the patronage of AAOIFI Bahrain. The purpose of that forum was to promote, strengthen and unite the organizations of Islamic microfinance (IsMF) with the theme of financial Inclusion, outreach strategies & innovations. Eminent Speakers and industry professionals from well-serving organizations related to Microfinance, Islamic microfinance...
Impactsure Now Available on Temenos Exchange
- 3 years 5 months ago
- Artificial Intelligence
Impactsure Technologies (Impactsure), an Artificial Intelligence (AI) and Machine Learning (ML) powered document analytics SaaS company for Banks and Enterprises, today announced the availability of its Secure Unified Responsive Engine (SURE)-based SureMatch platform on Temenos Exchange, the open market place for fintech solutions. Temenos is the digital and core banking solution provider for prominent global banks.
The Shift to Fintech: SMEs are Increasingly Turning to Digital Finance Solutions for Stability Amid Economic Uncertainty
- 3 years 5 months ago
- Digital banking
Recent research from Airwallex, the global fintech platform, revealed that US and UK-based SMEs are turning to fintech solutions to help manage their finances and bolster growth amidst the current economic environment. The independent survey of 1,500 SME decision makers across the US and UK found that almost half of US (48%) and UK (42%) SMEs are moving “even more aggressively” towards digital platforms and away from traditional banking services...
Eurazeo Signs an Agreement to Invest in Neoxam, a Provider of Front-office, Middle-office and Back-office Software for Financial Institutions
- 3 years 5 months ago
- Fundraising News
Eurazeo, via its Small-Mid Buyout team, is today announcing the signature of an agreement with a view to investing in NeoXam, alongside its founder Serge Delpla and its management team led by Florent Fabre. Under the agreement, Eurazeo would invest more than €100 million, thus becoming the group’s majority shareholder. Historical partners (led by Cathay Capital and BPI), shareholders since 2018, would sell their shares on this occasion.
