Klarna and Xero Bring ‘Buy Now, Pay Later’ to Small Businesses
- 1 year 3 months ago
- Lending
Klarna, the AI-powered global payments network and shopping assistant, is working with global small business platform Xero, to help small businesses accept payments from consumers wanting a ‘buy now, pay later’ option. For Xero’s customers*, offering Klarna’s alternatives to traditional credit means they can get paid up front while their customers don’t have to worry about high interest rates and hidden fees.
Adyen and Klarna Go to the Shops: Klarna Launches on Adyen In-Store Terminals Across Europe, North America, and Australia
- 1 year 3 months ago
- Payments
Klarna, the AI-powered global payments network and shopping assistant, will launch its flexible payment methods on Adyen’s physical payment terminals across Europe, North America and Australia. Adyen, the financial technology platform of choice for leading businesses, is the first global PSP to launch Klarna simultaneously on all physical payment terminals worldwide.
Solaris Discontinues Major Parts of EMI Business (Formerly Known as Contis)
- 1 year 3 months ago
- Infrastructure
Solaris, Europe’s leading embedded finance platform has taken the difficult decision to discontinue major parts of its Electronic Money Institution business (formerly known as Contis).
eToro Expands Long-Term Savings Offer with Acquisition of Spaceship in Deal Worth Up to $80 Million AUD
- 1 year 3 months ago
- Infrastructure
eToro, the trading and investing platform, has entered into an agreement to acquire the Australian investing app Spaceship in a deal worth up to $80 million AUD. The acquisition will strengthen eToro’s footprint in a key market for the business, while also broadening its product offering as the company expands its long-term savings proposition globally.
Wealth Managers Struggle to Meet Clients’ Technology Expectations – Avaloq Research
- 1 year 3 months ago
- Wealth Management
A quarter (25%) of investors globally would consider switching from wealth managers that fail to modernize and embrace new technology, according to Avaloq, a leader in digital banking solutions and wealth management technology. The new research, conducted among over 3000 investors and 300 wealth managers across Europe, Asia, and the Middle East, found that wealth management professionals are reluctant or unable to use investment advisory tools...
Galileo Launches Secured Credit with Dynamic Funding
- 1 year 3 months ago
- Infrastructure
Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, Galileo Secured Credit with Dynamic Funding simplifies the secured credit process, making it easier for consumers to manage their debit and credit accounts. This...
Kriya Becomes Stripe’s First PayLater Solution for B2B Merchants in the UK
- 1 year 3 months ago
- Payments
Kriya, the leading B2B PayLater payments solution, is now available on Stripe, a financial infrastructure platform for businesses. Starting this month, Stripe users can offer flexible payment terms to their business buyers through Kriya.
PayPal Enables Business Accounts to Buy, Hold, and Sell Cryptocurrency
- 1 year 3 months ago
- Cryptocurrencies
PayPal Holdings, Inc. announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State.
Mastercard and KaiOS Partner to Simplify Acceptance for Millions of SMEs in Emerging Markets
- 1 year 3 months ago
- Payments
KaiOS, the leading operating system that brings the best of the internet to affordable devices, today announced a partnership with Mastercard to integrate a range of digital payments solutions. Beginning in Cote d’Ivoire and Nigeria, Mastercard and KaiOS will deliver affordable payment acceptance devices and stimulate the growth of a more inclusive, connected global economy.
Andy Mielczarek to Step Down as CEO of Chetwood Financial
- 1 year 3 months ago
- People Moves
Founded in 2016, Wrexham-based digital bank Chetwood Financial received a restricted banking licence in late 2017 before being granted a full UK banking licence in December 2018. Since 2019, more than £3.5 billion has been deposited with Chetwood Financial’s savings proposition SmartSave.
MAS Establishes International Advisory Panel for Cyber and Technology Resilience
- 1 year 3 months ago
- Cybersecurity
The Monetary Authority of Singapore (MAS) announced today the establishment of a Cyber and Technology Resilience Experts (CTREX) Panel. The Panel replaces MAS’ Cyber Security Advisory Panel, with an expanded mandate to cover technology resilience which, together with cybersecurity, significantly underpins the operational resilience of the financial sector.
Adyen Continues to Pioneer the In-Person Payment Space with Host of New Industry-Defining Products
- 1 year 3 months ago
- Payments
Adyen, the financial technology platform of choice for leading businesses, has today announced major advancement in the in-person payments (IPP) landscape, underscoring its commitment to innovation with industry defining solutions.
Liberis Launches New Product ‘Flexible Cash Advance’ to Fund eBay Sellers Up to $2M in the United States
- 1 year 3 months ago
- Cash management
Liberis, one of the leading global embedded finance platforms, has launched its latest product ‘Flexible Cash Advance’ with eBay Seller Capital in the United States, enabling sellers to receive larger and even more flexible financing, with funds ranging from $5k to $2M in the coming weeks - empowering sellers to get financing when they need it.
Mintos Secures €2 Million in Debt Funding from FlyCap to Support Continued Growth
- 1 year 3 months ago
- Fundraising News
Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, has successfully negotiated a deal with Latvian growth capital fund FlyCap for €2 million. The funds acquired will contribute to fueling Mintos’ growth initiatives, including customer acquisition efforts across the European Union, and elevating the platform’s reach and impact.
Hilton Launches the World’s First Hotel Loyalty Debit Cards
- 1 year 3 months ago
- Payments
Building on its legacy of innovation, Hilton has unveiled the world’s first hotel debit cards in the UK: Hilton Honors Debit Card and Hilton Honors Plus Debit Card, in partnership with travel debit card platform Currensea.
