Lloyds Banking Group Expands Partnership with Visa
- 7 months 2 weeks ago
- Financial
Lloyds Banking Group and Visa have today announced the renewal and expansion of their 40-year partnership in the UK, as Visa becomes Lloyds Banking Group’s leading scheme provider for its Lloyds Bank, Halifax, Bank of Scotland and MBNA brands.
Verituity Raises $18.8M to Accelerate Its B2B and B2C Verified Payout Platform
- 7 months 2 weeks ago
- Fundraising News
Verituity, a leading provider of intelligent, verified payout solutions, announced the successful close of an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital with the participation of Ardent Venture Partners and MTech Capital. Chris Zock, Managing Partner and Co-CEO of Sandbox Industries will join Verituity’s board of directors.
Alipay+ Partner E-Wallets Transactions in Germany Rose by 67% One Week into UEFA EURO 2024 as Young Asia Embraces Sports Tourism
- 7 months 2 weeks ago
- E-Wallets
As international football fans travel to Germany for UEFA EURO 2024, Alipay+ announced that transactions in the country have increased by over two-thirds (67%) during the opening week of the tournament (Thursday 13th June 2024 – Wednesday 19th June 2024). Alipay+, an official sponsor of UEFA EURO 2024™, is a suite of cross-border mobile payments and digitalization technology solutions that now supports 30 global e-wallets and banking apps.
Rising Dependence on Payday Loans Highlights Ongoing Financial Struggles
- 7 months 2 weeks ago
- Payments
New research from Moneyhub has shed light on a concerning trend emerging in the UK; a significant number of Brits are increasingly resorting to payday loans in order to manage their day-to-day expenses. These findings have revealed that in the past six months, more individuals have applied for payday loans (18%) than mortgages (10%), highlighting the precarious financial situation faced by many.
Experian Announces Strategic Partnership with Virgin Money to Streamline and Personalise Digital Customer Experience
- 7 months 2 weeks ago
- Infrastructure
Experian and Virgin Money today announced a strategic partnership to enhance Virgin Money’s digital customer experience by leveraging its suite of cloud-based technology. The partnership will see Virgin Money use Experian’s full breadth of services including credit and lending, fraud prevention, analytics, governance, and compliance as well as marketing services across all their product lines.
Moneyhub Appoints Anne de Kerckhove as Chair of the Board
- 7 months 2 weeks ago
- People Moves
Moneyhub, the market-leading data and payments platform is pleased to announce that Anne de Kerckhove will join the Company’s Board as Chair. Anne is an experienced international executive with over 20 years leading some of the fastest-growing and scaling B2B and B2C technology, data, media, e-commerce and entertainment companies in Europe. She also has extensive Non-Executive Director experience of publicly quoted and private companies.
Mama Money Partners with Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card
- 7 months 2 weeks ago
- Payments
Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money, one of Africa’s leading cross-border money transfer operators, and Access Bank, to launch a pioneering new bank card service that stands out for its innovative use of WhatsApp banking.
UK’s Young Voters Call for Crypto to Be Moved Up the Political Agenda
- 7 months 2 weeks ago
- Cryptocurrencies
According to new data released today ahead of the upcoming general election, more than a third of young adults in the UK believe crypto is an important electoral issue. Research commissioned by Zumo, the B2B digital assets infrastructure, and conducted by Focaldata reveals 34% of both 18-24 and 25-34 year-olds think the growth of the crypto industry should be front of mind for the country’s politicians.
Visa Announces Its Principal Membership and Trademark Licence with Pyypl
- 7 months 2 weeks ago
- Payments
Pyypl (pronounced “People”) - a pioneering fintech company in the Middle East and Africa (MEA) - announces its Principal Licence Membership and strategic framework agreement with Visa. The partnership with Visa is a testament to Pyypl’s mission to democratise access to financial services, its innovative business model and the large market opportunity – as well as highlighting Visa’s trust in Pyypl to accelerate financial inclusion.
KPMG Law Partners with Shieldpay as Payments Provider
- 7 months 3 weeks ago
- Payments
Shieldpay, the payments partner for the legal sector, is working with KPMG Law UK (part of KPMG LLP) to provide payments services for its high value, complex client transactions.
Germany Cost of Living Crisis Drives 62% Increase in Prepaid Card Use, with 1 in 4 Users Using Them to Avoid Debt
- 7 months 3 weeks ago
- Personal Finance
Germans are increasingly turning to prepaid cards and adjusting their spending habits to manage the ongoing cost of living crisis and to avoid debt, according to a new survey conducted by research firm Opinium, commissioned by leading online prepaid payment firm Recharge.
Peach Announces Pipe Partnership to Power Working Capital Solutions
- 7 months 3 weeks ago
- Infrastructure
Peach Finance, the leading modern servicing technology platform, today announced its partnership with Pipe, helping the modern capital platform power its working capital solutions.
TBC Bank Uzbekistan Secures $10 Million Loan from Responsibility Investments AG
- 7 months 3 weeks ago
- Fundraising News
TBC Bank Uzbekistan has secured a $10 million credit line from Switzerland-based impact investor responsAbility Investments AG. The funds will be used to further expand TBC Uzbekistan’s microlending effort, contributing to the ongoing growth of the digital bank’s loan portfolio and promoting financial inclusion in Uzbekistan, Central Asia’s largest country by population.
Indonesian Fintech Amartha Secures $17.5M Investment from Accion Digital Transformation Fund
- 7 months 3 weeks ago
- Fundraising News
Amartha, a pioneering Indonesian microfinance technology company, has announced a significant $17.5 million equity investment from the Accion Digital Transformation Fund. This investment aims to bolster Amartha’s efforts in expanding its platform to provide a comprehensive array of financial products and services tailored for underserved women-led small businesses in rural Indonesia, leveraging advanced data and AI technologies.
Peak3 Raises US$35M Series A Led by EQT
- 7 months 3 weeks ago
- Fundraising News
ZA Tech, the next-generation insurance core system SaaS provider, has rebranded as Peak3. With the successful completion of its US$35 million Series A fundraising from EQT (lead investor) and Alpha JWC Ventures, Peak3 now accelerates its expansion in the EMEA region and investments in complementary data and AI solutions.
