Nu Colombia Has Received Formal Approval to Operate a Financing Company in the Country
- 2 years 3 months ago
- Digital banking
Nu Colombia, a subsidiary of Nubank in the country, announced that the Financial Superintendence of Colombia (SFC) has officially approved its application to operate as a financing company. This achievement not only marks a significant milestone for Nu Colombia but also paves the way for the expansion of its product portfolio into savings with the upcoming launch of Cuenta Nu, a pivotal move for its long-term vision for the country.
HitPay Launches Tap to Pay on iOS in Australia, Canada, France, the UK, and the US
- 2 years 3 months ago
- Payments
HitPay's Tap to Pay on iOS is the latest in its suite of innovative commerce solutions that facilitate seamless payments for merchants and customers. HitPay has launched Tap to Pay on iOS in Australia, Canada, France, the UK, and the US. This feature lets businesses accept contactless payments using their iOS devices, without needing a separate card terminal or POS hardware.
FusionIQ Announces Partnership With Kinecta Federal Credit Union, To Implement Fully Integrated Solution
- 2 years 3 months ago
- PaaS
FusionIQ, a leader in the delivery of cloud-based wealth management solutions with their all-in-one digital platform for financial institutions, today announced a partnership with Kinecta Federal Credit Union. The integrated FusionIQ One platform makes it easy for banks and credit unions to offer additional investing services focused on retaining customers while growing their membership base.
Paymob and Tamara Partner to Power GCC SMEs
- 2 years 3 months ago
- Lending
Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P) has announced its partnership with Tamara, the leading shopping and payments platform in the GCC region.
UK FinTech Companies See Funding Drop For Second Year In A Row
- 2 years 3 months ago
- Infrastructure
The Tracxn Geo Annual Report: UK FinTech 2023, based on our extensive database, provides a round-up of funding and other major developments in the UK FinTech space in 2023. In terms of funding, the UK FinTech startup ecosystem ranks second after the US, in 2023. The country has more than 13,000 companies in the FinTech space, accounting for nearly 10% of all FinTech companies worldwide.
Chetwood Financial Names Julian Hynd as COO
- 2 years 3 months ago
- People Moves
Chetwood Financial has announced Julian Hynd as its new Chief Operating Officer. Founded in 2016, Wrexham-based Chetwood Financial is a digital bank. As well as its existing consumer savings products, Chetwood Financial is soon to launch ModaMortgages, a new specialist, broker-only buy-to-let (BTL) mortgage lender.
Hitachi Payment Services Completes Acquisition of Writer Corporation’s Cash Management Business
- 2 years 3 months ago
- Cash management
Hitachi Payment Services, India’s leading end-to-end payments and commerce solutions provider, today announced that it has completed its acquisition of Writer Corporation’s Cash Management Business and unveiled its new name – Hitachi Cash Management Services, in line with Hitachi’s single brand identity. Hitachi Cash Management Services Pvt. Ltd. would be a wholly owned subsidiary of Hitachi Payment Services Pvt. Ltd.
Montonio Partners with Totalizator Sportowy, Elevating Payment Solutions for Poland's National Lottery Provider
- 2 years 3 months ago
- Payments
Montonio, the online payment solutions provider, is thrilled to announce its strategic partnership with Totalizator Sportowy, the Polish national lottery provider with a legacy spanning over 67 years. This collaboration signifies Montonio's continuous commitment to offering top-tier payment solutions, catering to a diverse range of industries and sectors.
Maalexi – Pioneering UAE Agri Trade Fintech – Raises $3M in Pre-Series A
- 2 years 3 months ago
- Fundraising News
Maalexi, the UAE-based dynamic risk management platform for SME agri-businesses, announces its completion of a $3 million pre-Series A fund raise. The funding round was led exclusively by Global Ventures - MENA’s leading venture capital firm - which joins existing venture capital investors Rockstart (Amsterdam) and Ankurit Capital (New Delhi).
Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.
- 2 years 3 months ago
- Lending, Payments
Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, announced a partnership to offer credit union financing to EV buyers through the Tesla website. This partnership will provide Tesla buyers seeking affordable monthly payments with more options through credit union financing.
Solva Raises $20M from the Sawiris family and ZCP
- 2 years 3 months ago
- Fundraising News
Solva, a FinTech providing working capital solutions, has announced that it has raised a $20 million investment backed by the Sawiris family and ZCP. The capital injection will allow Solva to further scale our digital financial products for millions of micro, small, and medium enterprises and boost job creation in Central Asia.
Thirdstream and Thales Modernize In-Person Identity Verification in Canada
- 2 years 3 months ago
- Digital Identity
Thirdstream, the Canadian account onboarding fintech leader, today announced an extension of its collaboration with Thales, a global leader in advanced technologies in digital identity and security. Together, they are reshaping the landscape of identity verification solutions for financial institutions, introducing state-of-the-art in-person document scanner and reader technology to support identity verification (IDV) solutions for bank...
Webull Launches in Canada
- 2 years 3 months ago
- Trading Systems
Webull Corporation, the owner of the popular Webull trading platform, today announced the launch of brokerage services in Canada. Through licensed financial services trading firm Webull Securities (Canada) Ltd., Canadian residents will be able to trade both Canadian- and US-listed equities through the award-winning Webull app.
Fintech Failing to Address Own Carbon Emissions Despite Paving the Way to Net-zero for Others, Says Lanistar
- 2 years 3 months ago
- Infrastructure
In recent years, an estimated 69% of consumers worldwide have changed the products and services they use to more sustainable alternatives, according to a survey by IPSOS. Climate crisis messaging is more pertinent than ever as businesses and consumers become increasingly concerned about their footprint.
Risk & Lending in 2024: The Open Banking Opportunity
- 2 years 3 months ago
- Open Banking
UK consumers face another challenging year as Doug Craddock, Senior Principal Consultant, FICO suggests financial institutions should make use of Open Banking data and new technology
