Fintech Start-up ‘ZIPZERO’ Secures Over £1 Million in Seed Funding
- 2 years 11 months ago
- Fundraising News
UK fintech start-up
27/02 – Weekly Investment & Fundraising News
- 2 years 11 months ago
- Fundraising News
Cybersecurity Platform CyberSmart Raises $15M
27/02 – Weekly Fintech Recap
- 2 years 11 months ago
- Artificial Intelligence, Digital banking, Payments, M&A Deals, People Moves
Partnerships Western Union and Beforepay Offer ‘Send Now, Pay Later’ Service to Consumers for International Money Transfers
Active Digital Identity Apps to Surpass 4.1 Billion by 2027, as Third-party Platforms Look to Leverage Civic Identity Systems
- 2 years 11 months ago
- Digital Identity
A new study from Juniper Research has found that the number of digital identity apps in use will exceed 4.1 billion globally by 2027; rising from 2.3 billion in 2023.
Western Union and Beforepay Offer ‘Send Now, Pay Later’ Service to Consumers for International Money Transfers
- 2 years 11 months ago
- Money Transfers
Western Union and Beforepay today announced a first-of-its-kind collaboration, allowing consumers to boost their cross-border money transfers by accessing reliable, ethical and affordable short-term lending. Consumers can ‘Send Now, Pay Later’ by borrowing up to AUD 2000 through Beforepay’s wage-advance product on Western Union’s digital channels.
Cybersecurity Platform CyberSmart Raises $15M
- 2 years 11 months ago
- Fundraising News
Cybersecurity platform for SMEs CyberSmart has reportedly collected $15m for its Series B funding round. The investment was led by European venture capital firm Oxx, according to a report from TechCrunch. Commitments also came from British Patient Capital, Legal & General Capital and Solano Partners.
Noventiq Closes Saga Group Acquisition
- 2 years 11 months ago
- Cybersecurity
Noventiq, the global digital transformation and cybersecurity solutions and services provider, announces today that the acquisition of the majority stake of Saga Group has been closed. In September 2022, Noventiq signed an agreement to acquire Saga Group. The transaction strengthens Noventiq's presence in Eastern Europe as well as opening other markets such as Serbia, Montenegro, Bosnia and Herzegovina, and North Macedonia.
Revolut Launches Online Checkout Feature with One-click Payment - Revolut Pay
- 2 years 11 months ago
- Digital banking
Revolut, the global financial super app with over 20 million retail customers, today launched Revolut Pay - a new secure online checkout feature which allows UK and EEA merchants to present ‘Revolut Pay’ as a payment method across product, cart, and checkout pages.
Paytech GPS Makes Several Board Appointments
- 2 years 11 months ago
- People Moves
Global Processing Services (“GPS”), a fast-growing next-gen global payments technology platform, today announced the appointment of Paulette Rowe, Shane Happach, and Lynn McCreary as independent Non-Executive Directors.
Themis and Diligencia Announce Strategic Partnership to Help Fight Financial Crime
- 2 years 11 months ago
- Security
Themis
Many-headed Dragon: Is the EU Creating Better Conditions for the Development of Fintech Businesses?
- 2 years 11 months ago
- Banking
The global fintech ranking by the UK research firm Findexable has ten European countries in the first rankings out of 20 countries, and this includes Lithuania. But can we be proud of such a result? The reasons hindering the creation of fintech solutions in Europe were discussed at the international Fintech Day conference in Vilnius.
Varo Bank Names Wook Chung Chief Product Officer
- 2 years 11 months ago
- People Moves
Varo Bank, N.A., the first all-digital, nationally chartered consumer techbank in the U.S., announced the appointment of Wook Chung as Chief Product Officer. Chung joins the bank at an exciting period of innovation, as it capitalizes on its bank charter, enabling agile product design that provides technology-first solutions to meet customers' most important banking and money management needs. The techbank, founded in 2015, combines the...
MAP Welcomes Dan Ruppe as Senior Vice President of Product Services
- 2 years 11 months ago
- Credit Cards
Member Access Processing (MAP), the nation’s leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform to credit unions, today announced the appointment of Dan Ruppe as Senior Vice President of Product Services. Reporting to CEO Cyndie Martini, Ruppe will lead MAP’s growing suite of payment services, including the management of third-party solutions from the nation’s leading providers.
New NatWest and NAB Open Banking White Paper Calls for Reform Amid Transition to Smart Data
- 2 years 11 months ago
- Open Banking
NatWest and NAB have published a jointly authored white paper exploring the common threads that bind both Australia’s Consumer Data Right (CDR) and the UK’s Open Banking regime.
IDT Introduces Zendit, a Global Prepaid-as-a-Service Platform
- 2 years 11 months ago
- Cloud
IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, today announced the launch of its cloud-based prepaid-as-a-service platform, Zendit. Zendit will be introduced at the Mobile World Congress 2023 (MWC) in Barcelona, Spain, from February 27th to March 2nd.
