Tag: fintech
-
Plumery partners with Sumsub
Plumery, the leading digital marketplace for handmade and unique plum products, is thrilled to announce a strategic partnership with Sumsub, a global expert in identity verification and compliance solutions. This partnership aims to enhance the security and trust within Plumery’s platform, providing a seamless and secure experience for both sellers and buyers. Improving Digital Trust…
-
Nuvei partners with Cash App Pay
Big news for the payments industry! Nuvei, a leading global payment technology provider, has announced a strategic partnership with Cash App Pay, a popular peer-to-peer payment service. This collaboration is set to revolutionize the way individuals and businesses make transactions online. Nuvei, with its vast range of payment solutions and global reach, aims to enhance…
-
Fintech Ramp acquires AI-powered startup Venue
Fintech Ramp, a leading company revolutionizing financial technology, has announced its recent acquisition of Venue, an AI-powered startup renowned for its cutting-edge technologies. With this strategic acquisition, Fintech Ramp aims to further strengthen its position in the financial technology sector and enhance its capabilities by harnessing Venue’s state-of-the-art AI solutions. The decision to acquire Venue…
-
Fintech Galaxy launches FINX Comply
Fintech Galaxy, a leading company in the fintech industry, has recently unveiled their groundbreaking product called FINX Comply. This innovative software solution aims to revolutionize the way companies handle compliance by automating complex regulatory processes. With increasing regulations and compliance requirements in the financial sector, businesses are facing tremendous challenges in keeping up with the…
-
TrueLayer partners with Worldline
In an exciting move for both companies, TrueLayer has announced their partnership with Worldline, the European leader in the payment and transactional services industry. This collaboration brings together TrueLayer’s cutting-edge Open Banking technology and Worldline’s extensive experience and reach in the payments sector. As fintech continues to revolutionize the financial industry, TrueLayer and Worldline recognize…
-
Amazon Mexico partners with Kueski Pay
In an exciting new development, Amazon Mexico has announced a strategic partnership with Kueski Pay, a leading fintech company in Mexico. This partnership aims to enhance the payment options available to Amazon Mexico customers, making online shopping even more convenient and accessible. Kueski Pay specializes in providing digital payment solutions to customers, offering secure and…
-
Torpago partners with Marqeta
Torpago Partners with Marqeta Torpago, a leading financial technology company, has announced a strategic partnership with Marqeta, a global modern card issuing platform. This collaboration aims to revolutionize the payments industry by offering innovative solutions to businesses and consumers alike. Enhancing Payment Services Torpago’s expertise in delivering seamless payment experiences combined with Marqeta’s advanced…
-
Sygnum raises more than USD 40 million in an oversubscribed round
“Sygnum, the digital asset technology group, successfully raised over USD 40 million in its latest funding round.” ZURICH, Switzerland – Leading digital asset technology group, Sygnum, announced an impressive milestone as it secured over USD 40 million in an oversubscribed funding round. Sygnum marries cutting-edge technology with traditional banking. This substantial funding round provides the…
-
FinMont partners with Pax2pay
Exciting news for the financial industry! FinMont, a leading provider of innovative financial solutions, has announced a strategic partnership with Pax2pay, a cutting-edge payment technology platform. This collaboration is set to revolutionize the way financial transactions are conducted worldwide. FinMont’s expertise in the financial sector combined with Pax2pay’s advanced payment solutions will empower businesses and…
-
Razorpay launches an instant refund system
Razorpay Launches an Instant Refund System Razorpay, India’s leading online payment gateway, has unveiled a ground-breaking instant refund system that aims to streamline and expedite the refund process for customers and businesses alike. With this new system, Razorpay brings convenience and efficiency to the forefront of online transactions. Gone are the days of waiting for…
-
Ozone API raises GBP 8.5 million in Series A round
London, UK – October 25, 2021 The innovative technology company, Ozone API, has successfully raised GBP 8.5 million in a recent Series A funding round. The funding was led by prominent venture capital firms, paving the way for the company’s rapid growth in the API market. The Ozone API platform offers developers a powerful set…
-
Goldman Sachs backs fintech startup FundPark
Hong Kong based fintech startup FundPark has secured significant backing from one of the world’s leading investment banks, Goldman Sachs. This partnership is set to bolster FundPark’s position in the competitive fintech industry and accelerate its growth as a leading player in trade finance. FundPark, established in 2016, has gained a solid reputation in the…
-
Zilla to focus on cross-border payments
Zilla, the renowned fintech startup, has officially announced its decision to shift its focus towards facilitating cross-border payments in the global market. With the rapid expansion of e-commerce and international trade, the need for efficient and secure cross-border payment solutions has become increasingly evident. Zilla aims to address this demand by leveraging its innovative technology…
-
VoPay partners with GiveWise
VoPay, a leading digital payment provider, has recently announced its partnership with GiveWise, a prominent charitable organization. This collaboration aims to revolutionize the way donations are made and received in the digital era. By combining their expertise, VoPay and GiveWise aim to simplify the process of charitable giving, making it more secure, efficient, and transparent…
-
Ukheshe improves its fintech presence with EFTCorp acquisition
Johannesburg, South Africa – In an exciting move, leading South African fintech company Ukheshe has announced the acquisition of EFTCorp, solidifying its position in the market and expanding its service offerings. The acquisition is aimed at enhancing Ukheshe’s presence within the electronic funds transfer sector by leveraging EFTCorp’s extensive expertise and established client base. This…
-
Report: Open Banking market in Arab states to reach USD 1.17 bln
A recent report has projected that the Open Banking market in Arab states is expected to reach an estimated value of USD 1.17 billion by the end of the forecast period. Open Banking, a decentralized system that allows third-party financial service providers access to customer banking data through the use of application programming…
-
RBI publishes draft framework for fintech sector self-regulation
The Reserve Bank of India (RBI), the country’s central banking institution, has recently published a draft framework for self-regulation for the fintech sector. The framework aims to establish guidelines and principles for fintech companies operating in India. Fintech, short for financial technology, is an industry that utilizes technology and innovation to improve financial…
-
Sumsub joined the MENA Fintech Association
Keep up with the latest news in the fintech industry! Sumsub – The New Member of MENA Fintech Association We are thrilled to announce that Sumsub, a leading provider of identity verification and compliance solutions, has recently become a member of the esteemed MENA Fintech Association. The MENA Fintech Association is a non-profit industry association…
-
Tonik enters SME lending
Tonik, the first fully digital bank in the Philippines, has announced its entry into the SME lending market, aiming to revolutionize the way small and medium enterprises access financing. With its innovative digital banking solutions, Tonik aims to provide convenient and affordable lending options to SMEs, which often struggle to secure traditional bank loans due…
-
Visa picks fintech startups for accelerator
Visa, the global payments technology company, has announced the selection of ten fintech startups from around the world for its prestigious accelerator program. The program aims to support innovative businesses in the financial technology sector and foster their growth by providing them with expert guidance, mentorship, and access to Visa’s extensive network and resources.…