Moneycorp Expands European Footprint with Launch of Moneycorp France
- 3 years 10 months ago
- Payments
Moneycorp - a leading global payments services provider - has today announced its launch in France as part of its rapidly expanding European business.
Wave Financial Acquires Geneva-Based Criptonite Asset Management
- 3 years 10 months ago
- Asset Management
Wave Financial LLC (Wave), the SEC-regulated digital asset investment management company, is pleased to announce that it has acquired a minority stake in FINMA-regulated Swiss-based crypto investment manager Criptonite Asset Management.
Atom Bank Accredited to the New Iteration of the Recovery Loan Scheme
- 3 years 10 months ago
- Lending
Atom bank, the UK’s first app-based bank, has been accredited to the latest iteration of the Recovery Loan Scheme (RLS) by the British Business Bank, and will soon be accepting applications on its award-winning secured lending products.
O-CITY Leads Kenya Contactless Payment Boom by Scaling Digital Fare Collection for Over 10,000 Matatu Buses
- 3 years 10 months 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.
Quota Chooses Nordigen As Their Open Banking Provider, Enriching Their Screening And Scoring Algorithms
- 3 years 10 months ago
- Open Banking
Klarna Losses Quadruple as Costs Rise
- 3 years 10 months ago
- Payments
Embattled BNPL giant Klarna saw its net losses nearly quadruple in the first half of 2022 on higher credit losses, increased employee costs and investment in market expansion. In a letter to shareholders, CEO Sebastian Siemiatkowski says the firm has been "operating in a very different environment" in the first half of 2022 as it faced up to the fallout from Russia's invasion of Ukraine, the economic downturn and a "huge shift in investor...
Pezesha Raises Pre-series A of $11M to Grow its Embedded Finance Platform
- 3 years 10 months ago
- Fundraising News
Pan-African embedded finance Fintech Pezesha has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Banking Capital Partners II (WWBCP II), will see the company significantly scale operations in its core markets and grow into new markets within Sub Sahara Africa.
Bybit Partners With Circle, Plans to Launch USDC Spot Pairs and Offer Integrations for Clients
- 3 years 10 months ago
- Trading Systems
Bybit, the third largest crypto derivatives exchange in the world by volume, has partnered with Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC) to help accelerate the growth of Bybit as a gateway for retail and institutional USDC-settled products.
Ranqx Appoints Ex-JPMorgan Chase CIO and Treasurer, John Horner, as Chairman
- 3 years 10 months ago
- People Moves
The appointment of New York-based retired banker John Horner as Director and Board Chair of Ranqx, is a major coup for the specialist fintech firm who provides banks, credit unions and lenders with real-time data, straight-through credit underwriting, and the intelligence and speed needed to transform the world of small to medium-sized business (SMB) lending.
International Payments Addressing Platform iPiD Secures $3.3M in Seed Funding
- 3 years 10 months ago
- Fundraising News
Fintech start-up iPiD has announced a $3.3M seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri. In addition, the company has announced the appointment of Alain Raes, a long-time payments industry expert and former SWIFT executive, to the iPiD management team as Chief Commercial Officer.
Predictive Data Intelligence Removes Hurdles to Instant Cross-border Transactions Over SWIFT
- 3 years 10 months ago
- SWIFT
As part of its ambitious strategy for instant and frictionless transactions, SWIFT today announces a new capability that uses its global intelligence on past cross-border flows to predict potential problems before new international payments are sent.
FCM Bank Malta Taps DXC Technology and Temenos Platform for Core Banking System Modernization
- 3 years 10 months ago
- Banking
FCM Bank’s new core banking solution was built to anticipate the current and future expansion plans of the bank and its parent company SAB Financial Group DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services partner, has partnered with solution provider Temenos (SIX: TEMN) to lead the digital transformation of critical IT architecture for FCM Bank, one of Malta’s leading providers of savings and fixed-term products.
Zimpler Strengthens Senior Leadership with a New Chairwoman and Chief Growth Officer
- 3 years 10 months ago
- Money Transfers
Zimpler, a leading fintech company born in Sweden, has– with immediate effect–appointed Katarina Bonde as their new chair of the board, and Nicolas Köllerstedt as Chief Growth Officer. Bonde will replace Peo Nilsson, who will remain on as a board member.
CellPoint Digital Teams Up with Cybersource to Help Merchants Fight Fraud
- 3 years 10 months ago
- Cybersecurity
CellPoint Digital, the global leader in payment orchestration, today announces it has teamed up with
Corserv Receives Visa Ready Certification for Issuer Processor Platform
- 3 years 10 months ago
- P-Cards
Corserv, a company that empowers banks and fintechs with innovative payment card issuing solutions, announced that it has been certified as Visa Ready as an issuer processor for its modern issuer processor technology platform: Payment Cards as a Service APIs (PCaaSA).
