Offa Cuts Buy-to-Let Loan Rates and Fees
- 9 months 6 days ago
- Lending
Offa, the UK’s leading Islamic property finance fintech, has announced a raft of rate drops for its Sharia-compliant buy-to-let (BTL) products. Offa’s two-year BTL rates have dropped up to 0.21%, and up to 0.24% for five-year products, with additional rate drops on tracker rate products. Homes in multiple occupancy (HMO) and multi-unit freehold block (MUFB) product fees have also dropped from 1.5% to 1%.
tpay Appoints Marouane Bakhtar as Chief Operating Officer
- 9 months 1 week ago
- People Moves
tpay, the leading payment connector, has appointed Marouane Bakhtar as Chief Operating Officer (COO). In this pivotal role, Marouane will oversee and manage day-to-day operations, including engineering and commercial functions, ensuring operational excellence and alignment with the company’s strategic objectives. He will collaborate closely with the executive leadership team to drive growth, enhance efficiency, and support the execution of tpay’...
RevenueCat Raises $50M Series C to Expand Global Infrastructure for Consumer Software Monetization
- 9 months 1 week ago
- Fundraising News
RevenueCat, the leading platform for managing consumer app monetization, today announced it has raised a $50 million Series C round led by Bain Capital Ventures (BCV). Returning investors Index Ventures, Y Combinator, Adjacent, Volo Ventures and SaaStr Fund also participated. This adds to the prior $12 million Series C that was raised last year, bringing the total raised to $100 million to date.
Areeba and Foo Announce Strategic Partnership to Deliver Advanced Digital Payment Services for the Middle East
- 9 months 1 week ago
- Payments
areeba, a global leader in payment infrastructure, has partnered with Foo, a pioneering provider of digital banking and fintech solutions, to introduce a fully integrated - program for digital services. This bundled offering enables banks and fintechs to build their own secure and scalable card programs and wallets without the need for complex infrastructure.
dLocal Powers Panda Remit's Expansion Into Africa With Faster, Reliable Cross-Border Payment Solutions
- 9 months 1 week ago
- Payments
dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, has announced a strategic partnership with Panda Remit, a global remittance provider facilitating fast and cost-effective international money transfers. Through this partnership, Panda Remit expands its payout capabilities, offering secure and efficient payment solutions for recipients in Africa.
Super Micro Shares Soar on $20 Billion Saudi Data Center Deal
- 9 months 1 week ago
- Artificial Intelligence
Shares of Super Micro are surging after DataVolt, a data center firm in the Kingdom, announced a $20 billion multiyear deal to get its hands on servers for its hyperscale campuses Super Micro Computer, Inc., a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announced that it has entered into a strategic partnership under a memorandum of understanding (“MOU”) with DataVolt to build hyperscale AI campuses initially in the Kingdom...
Monzo Takes the Crown as Best British Bank at Smart Money People’s British Bank Awards 2025
- 9 months 1 week ago
- Banking
On Thursday, 22nd May, Smart Money People unveiled the winners of the British Bank Awards 2025 during its highly anticipated annual ceremony in London. The evening celebrated some of the most outstanding names in the UK’s financial services industry, with businesses recognised for commitment to customer satisfaction, innovation, and dedication to making a positive impact on the lives of their customers.
OpenFX Raises $23M in Initial Funding to Revolutionize Cross-Border Payments
- 9 months 1 week ago
- Fundraising News
OpenFX, the FX infrastructure company revolutionizing cross-border payments, today announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company's unprecedented growth from $0 to $10 billion in annualized transaction volume in under 12 months since its stealth launch in...
KAYAK and Affirm Expand Exclusive Partnership Into Canada
- 9 months 1 week ago
- Payments
Just in time for the busy summer travel season, KAYAK, the world’s leading travel search engine, and Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced the expansion of their exclusive partnership into Canada.
Ant International Launches Tokenised Deposit Solutions for Real-Time Treasury Management With HSBC
- 9 months 1 week ago
- Cryptocurrencies
Ant International today announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong. The service will support treasury management with real-time, always-on HKD and USD payments between corporate wallets held by a corporate client at HSBC Hong Kong. The Tokenised Deposit Service is also the first bank-led, blockchain-based settlement service in Hong Kong.
Pagaya Accelerates Point-of-Sale Market Penetration
- 9 months 1 week ago
- Banking
Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the launch of POSH (Pagaya Point of Sale Holdings Trust), a new asset-backed revolving securitization program focused on point-of-sale financing (“POS”), which will enable Pagaya to be a growth catalyst for point-of-sale providers in the U.S.
CIMB Bank Taps ACI Worldwide to Advance Payment Transformation
- 9 months 1 week ago
- Digital banking
ACI Worldwide, an original innovator in global payments technology, today announced that CIMB Bank, one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, has chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform.
Curve Pay Is the First Wallet in EEA to Compete With Apple on iOS
- 9 months 1 week ago
- E-Wallets
Curve, the ultimate digital wallet, today announced the launch of Curve Pay on iOS, marking a watershed moment in mobile payments. Curve Pay becomes the first payment solution to leverage the newly accessible iPhone NFC interface after Apple's acceptance of the European Commission's ruling on competition concerns, making it the first-ever viable Apple Pay alternative on iOS.
Quant Makes Money Smarter With Rollout of Industry-Wide Programmable Money
- 9 months 1 week ago
- e-Payments
Quant, a global leader in fintech and innovation, today announces the rollout of Quant Flow, an industry-first programmable money and banking infrastructure now available via a white-label solution to banks, institutions and corporates across Europe, the Middle East, and APAC.
BitGo Launches Crypto-as-a-Service Platform for FinTechs and Banks to Easily Offer Crypto Trading to Their End Users
- 9 months 1 week ago
- Cryptocurrencies
BitGo, the leading infrastructure provider of digital asset solutions, today announced the launch of its Crypto-as-a-Service (CaaS) platform—a powerful solution designed to enable financial institutions, FinTechs, and enterprises to seamlessly embed crypto functionality directly into their products.
