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Cardless, a fintech company providing branded credit cards, has entered the small and medium-sized business (SMB) market to provide financial services that optimise stability for enterprises.
SMEs, product launch, financial services, cash flow, mobile payments, online payments
US-based corporate card and spend management platform Brex has launched Brex Embedded, which is set to unlock global transactions for customers across the globe.
product launch, payments , mobile payments, digital payments, online payments
Latin America-focused payment processor PayRetailers has announced its expansion into the African market.
expansion, payments , payment processor, local payment method
Hong Kong-based fintech FTS.Money has joined forces with Facephi to integrate the latter’s IDV and KYC solutions into its platform and allow it to expand its footprint.
partnership, KYC, identity verification, digital identity, fraud prevention, expansion
Ireland-based regtech Fenergo has been selected by Germany’s state bank Landesbank Baden-Württemberg (LBBW) to provide cloud-based onboarding.
cloud, digital onboarding, compliance, KYC, AML
Walmart Marketplace has partnered with US-based fintech startup Parafin to provide sellers with capital through the Walmart Marketplace Capital programme.
marketplace, ecommerce, lending, financing , retail
US-based multinational financial technology company PayPal has announced the expansion of its global collaboration with Shopify in the US.
partnership, online payments, digital payments, credit card, debit card, payment processor
The Bank of New York Mellon Corporation (BNY Mellon) has announced that it entered into a definitive agreement to acquire Archer, with the financial institution aiming to augment its offering.
acquisition, digital banking, bank account, expansion, online banking, financial services, fintech
Open Banking platform Tarabut has announced the acquisition of Vyne, with the company aiming to scale its ability to provide more accessible and accelerated financial services.
acquisition, regulation, financial services, A2A payments, digital payments, online payments, Open Banking
Cross-border payment platform dLocal has entered into a strategic partnership with Kiwi.com, a global travel technology company.
partnership, payments , travel payments, financial services
End-to-end payments platform Ecommpay has announced the inclusion of three Italian Alternative Payment Methods (APMs), aiming to expand its global footprint.
mobile payments, online payments, digital payments, expansion, merchants, ecommerce
Netherlands-based Advapay has partnered with Egypt-based ICT Misr to expand its core banking offering to customers in Egypt and Lybia.
banking, digital banking, data analytics, fintech, financial institutions
Climate fintech Zero has announced delivery partners ahead of its launch, aiming to optimise banking for customers and develop a more sustainable environment.
partnership, green finance, sustainability , digital banking, financial services
Gift card provider and loyalty solutions company Factor4 and SunFire POS have entered into a strategic collaboration to optimise their offerings.
partnership, POS, digital payments, mobile payments, customer experience
Canadian fintech company Nuvei, together with Fintech360, has announced the launch of a new cashier solution that intends to provide secure and optimised digital transactions for the forex B2B landscape.
partnership, B2B payments, PSP, transactions , digital payments
India has announced it will integrate its Unified Payments Interface (UPI) with Malaysia's PayNet.
Global Payments, cross-border payments, payments infrastructure, digital payments
The second quarter of 2024 witnessed significant activity in the fintech and payments sectors, characterised by a series of high-profile mergers and acquisitions.
merger, acquisition, payments , banks, fintech, transactions , expansion, neobanks, digital banking, artificial intelligence
The National Bank of Ras Al Khaimah (RAKBANK) has partnered with Bitpanda Technology Solutions to offer a platform that will enable UAE residents to manage digital assets.
digital assets, cryptocurrency, NFT, trading platform, wealth management
The Paypers took a deep dive into the most relevant partnerships revealed during Q2 2024 within the banking and fintech sector, underlining an inclination for Open Banking, Embedded Finance, and digitalisation. In addition, considering the current environment, where illicit activities have risen substantially and bad actors developed their technological capabilities, companies focused their work on fraud and financial crime prevention, forging collaborations that could mitigate risks.
partnership, online banking, banking, digital banking, embedded finance, Open Banking, Open Finance, fraud prevention, The Paypers Quarterly Analysis series, cryptocurrency, sustainability , SMEs
US-based payment processing platform Payroc has announced the launch of card-present payments in Canada via an integration with Moneris Solutions.
SMEs, expansion, payment methods, POS, partnership