Pomelo Exits Stealth Mode with $20M Seed Round
- 3 years 10 months ago
- Fundraising News
Having secured $20 million in seed funding, Pomelo has launched its credit card that enables families in the US to extend their credit abroad while avoiding remittance fees. Keith Rabois at Founders Fund as well as Kevin Hartz, co-founder of Xoom and general partner at A* Capital, led the round for Pomelo, which has also secured $50 million in a warehouse facility.
SmilePay Launches Face Biometrics Payments in Azerbaijan
- 3 years 10 months ago
- Payments
Azerbaijan-based SmilePay has struck deals with two major food retailers in the country to let shoppers buy their groceries using their faces. SmilePay has secured an investment from the biggest acquirer bank in Azerbaijan, Pasha, and formed deals with the Bravo and Araz supermarket chains. Already installed at Bravo, in its first month the technology has been used for 3000 transactions from 418 users.
Royal Park Partners Appoints Niccolò Gamaleri as Senior Director
- 3 years 10 months ago
- People Moves
Royal Park Partners, the specialist financial advisor to the fintech industry, has announced that it is expanding its leadership team with the hire of ex-Barclays dealmaker Niccolò Gamaleri as senior director.
Kingswood Continues Recruitment Drive with Two New Financial Adviser Hires
- 3 years 10 months ago
- Wealth Management
Kingswood Holdings Limited, the international, fully integrated wealth and investment management group, is pleased to announce the appointment of Jade Rose and Max Sullivan as financial advisers, based at the firm’s London and Kent offices respectively.
PayMate Offers Vendor Payments and GST Payments Using Commercial Credit Cards Through its Recently Launched Android and iOS Mobile Application
- 3 years 10 months ago
- Payments
PayMate India Limited (“PayMate”), a leading B2B payments and services provider that digitizes, automates and streamlines business-to-business (B2B) payments in supply chains; stated in its recently filed Draft Red Herring Prospectus for its proposed IPO that the company has launched the PayMate mobile application (“PayMate App”) on the Android and iOS operating systems.
Vyzer Chooses Salt Edge to Offer an Open Banking Boost to Investment
- 3 years 10 months ago
- Open Banking
Vyzer, an Israeli-based fintech consumer-focused startup, joined hands with Salt Edge, a leader in offering open banking solutions, to enable high net worth investors to instantly connect and sync their European bank accounts, offering a comprehensive analysis of investment performance and fully digital cashflow tracking in a single dashboard.
Akurateco Integrates with AFS Benefit, Mercury, and UPC to Expand Business Coverage
- 3 years 10 months ago
- Payments
The Netherlands-based Payment Orchestration Platform Akurateco announced its recent integration with AFS Benefit, Mercury, and UPC in order to boost clients’ business coverage and scale their market share.
Future FinTech Labs Partners with Currencycloud, Making Low-cost Remittance a Reality for US-based Immigrants
- 3 years 10 months ago
- Payments
Currencycloud, the experts simplifying business in a multi-currency world, has teamed up with Future FinTech Labs (FTFT Labs) to launch the remittance app Tempo to offer US-based immigrants a streamlined, secure and cost-effective way to send money. Tempo currently serves money transfers to North America (Canada, Mexico), Europe (Italy, Spain, France, Germany, the United Kingdom), India and the Philippines.
Sumsub Releases its First KYC Guide For the Gaming Industry
- 3 years 10 months ago
- AML and KYC
Sumsub, a regtech company that helps businesses stay compliant and fight digital fraud, has published “KYC for the gaming industry: Europe. A complete guide to balancing compliance, conversions, and fraud protection,”
A Revolution in Crypto Payments: Ukrainian Startup Weld Money is Estimated to of $100 Million
- 3 years 10 months ago
- Payments
Ukrainian fintech company Weld Money officially launched their innovative product, which we have followed for a year - weld card. The product is expected to make a global step in the process of the mass adoption of cryptocurrencies. We carried on the analysis of the market of fintech products with solutions for crypto payments and came to the following conclusions:
Glia and Veritran Partner to Help Banks and Credit Unions Digitally Transform Customer Service Globally
- 3 years 10 months ago
- Banking
Glia, the leader in Digital Customer Service (DCS), and Veritran, a leading global Low-Code solutions provider, announced a strategic partnership to offer digital-first customer support to financial institutions worldwide.
VizyPay is Nation’s #918 Fastest-Growing Company
- 3 years 10 months ago
- Payments
Today, Inc. Magazine revealed that leading payments processor VizyPay is No. 918 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. It is the No. 3 fastest growing company in Des Moines and fourth overall in Iowa.
The Neat Company Is The Only Small Business Financial Management Platform to Offer Free ACH/Bank Transfers
- 3 years 10 months ago
- Management
The Neat Company is the only small business financial management platform to offer inbound ACH/bank transfers at no additional cost. By eliminating the standard 1% ACH transaction fee, a subscription for Neat’s all-in-one financial management platform, which offers bookkeeping, invoicing, and financial document management, essentially becomes free to any small business that has $29,000 of invoices paid via bank transfer each year.
Scalable Capital Surpasses €10 Billion in Client Assets
- 3 years 10 months ago
- Asset Management
Scalable Capital has exceeded the ten-billion-euro mark in client assets. Within one year, the company has more than doubled client assets. With more than 600,000 clients on its platform, Scalable Capital is one of the leading digital investment platforms in Europe and one of the fastest-growing European FinTechs.
AtoB, the First Fintech Payments Platform to Modernize America’s Trucking Industry, Announces $155M Series B Fundraise Round
- 3 years 10 months ago
- Fundraising News
SAN FRANCISCO -- AtoB, the first fintech payments platform to modernize the $790 billion trucking industry’s broken financial system, today announced it has raised $155 million in Series B funding.
