dLocal and iTransfer Team Up to Advance Cross-Border Money Transfers in Key Emerging Markets
- 5 months 3 weeks ago
- Payments
dLocal, the leading cross-border payment platform specializing in high-growth markets, today announced its strategic partnership with iTransfer, a prominent cross-border payments company with a significant presence in EMEA, Latin America, and APAC.
Flexys Partners with Moneyhub to Bring Open Banking Benefits to the Collections Industry
- 5 months 3 weeks ago
- Payments
Flexys, a leading UK-based supplier of collections management technology, has announced a strategic partnership with Moneyhub, a data and payments fintech specialising in Open Banking, Open Finance, and Open Data solutions. This collaboration aims to revolutionise the collections industry by integrating Open Banking capabilities into Flexys's cloud-based software.
Responsible Lender Creditspring Provided 82% Increase in Financial Support to Borrowers During H1 2024 as Household Finances Continue to Suffer
- 5 months 3 weeks ago
- Lending
Responsible lender, Creditspring, provided borrowers with over £95 million in affordable credit during the first six months of 2024, up 82% from £52.4 million in H1 2023. Despite inflation easing, demand for affordable, short-term credit options remains high. During H1 2024, Creditspring received over seven million applications from borrowers who are locked out of mainstream credit options.
Almost Half (46%) of UK Business Leaders Trust Digital-Only Banks as Much as Traditional Banks
- 5 months 3 weeks ago
- Digital banking
Online-only or ‘faceless’ banks are becoming a more familiar part of the UK banking landscape, with increasing numbers of businesses managing their finances through digital-only providers like Starling or Monzo.
Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans
- 5 months 3 weeks ago
- Lending
Brankas and Boost Capital have launched LoanLink, the first chat-based lending solution of its kind in Southeast Asia. LoanLink provides a user-friendly chat interface that facilitates seamless integration and instant loan applications.
Mondu Secures EMI License for Further Expansion Across Europe
- 5 months 3 weeks ago
- Payments
Mondu BV, the fast-growing B2B Fintech, has secured an Electronic Money Institution (EMI) License from De Nederlandsche Bank (DNB) in the Netherlands. The license will accelerate Mondu’s expansion across Europe while enabling the company to evolve even faster, support more customers, and launch complementary payment services like eWallets and Credit Cards.
finova Broker CRM Integrates with Payment Provider Cashflows
- 5 months 3 weeks ago
- Payments
finova Broker, formerly the eKeeper Group and part of finova, the UK’s largest cloud-based mortgage and savings provider, has announced its successful integration with Cashflows, the platform that makes it easier to accept payments digitally. This new feature allows mortgage brokers to seamlessly take payments for administration and processing fees directly within the finova Broker CRM or passed directly to the customer via an email link.
Rathbones Live with Iress’ Xplan
- 5 months 3 weeks ago
- Wealth Management
Iress today announces that Rathbones Group PLC (Rathbones) is now live on its Xplan advice software to support Rathbones' current financial planning business. Xplan will also be the financial planning platform of choice for Rathbones' upcoming integration with Investec Wealth & Investment, further enhancing the firm’s digital capabilities and enabling improved operational efficiency and client service.
Octane Raises $50 Million in Series E Funding Round
- 5 months 3 weeks ago
- Fundraising News
Octane® (Octane Lending, Inc.®, the fintech revolutionizing the buying experience for major recreational purchases, announced that it has closed its Series E funding round with $50 million in new equity capital. Octane has raised $242 million in total equity funding to date.
Qardy Secures 7-Figure Pre-Seed Round to Transform Lending Marketplace in MENA, Backed by Key Investors
- 5 months 3 weeks ago
- Fundraising News
Qardy, the first digital lending marketplace in Egypt and the MENA region for financial institutions to fund MSMEs (Micro, Small, and Medium Enterprises), is proud to announce that it has successfully secured a $ 7-figure pre-seed round of investment, with participation from White Field Ventures and Vastly Valuable Ventures among other Angel Investors. This significant milestone underscores the confidence that investors have in Qardy’s...
BMG Money and WebBank Join Forces to Expand Financial Inclusion Nationwide
- 5 months 3 weeks ago
- Digital banking
BMG Money proudly announces its strategic partnership with Salt Lake City, Utah-based WebBank, to provide access to significantly lower cost loan solutions to underserved communities across the United States.
Microsoft and dLocal Forge Strategic Partnership to Harness Artificial Intelligence in Fintech in Uruguay
- 5 months 3 weeks ago
- Artificial Intelligence
Microsoft and dLocal are thrilled to announce a landmark partnership to integrate cutting-edge Artificial Intelligence solutions into the financial technology sector. The partnership was announced at an event held at Microsoft’s AI Innovation Lab in Montevideo today.
Entersekt Appoints Tony Bakshi as Chief Financial Officer
- 5 months 3 weeks ago
- People Moves
Entersekt, The Financial Authentication Company, today announced the appointment of Tony Bakshi as its new Chief Financial Officer.
Marqeta Signs Five-Year Deal with Varo Bank to Become Exclusive Issuer Processor in the US
- 5 months 3 weeks ago
- Banking
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it has signed a five-year deal with
J.P. Morgan Payments and PopID to Expand Biometric Offerings
- 5 months 3 weeks ago
- Payments
J.P. Morgan Payments today announced an expanded relationship with PopID to deploy in-store biometric payments to pilot merchants across the United States.