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Pliant has raised more than EUR 18 million in Series A extension financing led by PayPal Ventures to expand into the UK and other markets outside the EU.
funding, expansion, fintech, payment processing, EMI licence
Amazon Pay has announced its plans to introduce credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI).
payments , digital wallet, UPI, Amazon, transactions , partnership
Hidir Yildiz, Mergers and Acquisitions Manager at Finance Incorporated Limited (FIL), sheds light on the company's forward-thinking approach to expansion.
mobile payments, EMI licence, ecommerce, cross-border payments, fintech
Shaul David, Embedded Finance Advisor: Despite regulatory challenges, the BaaS excitement remains strong, but the lack of cross-jurisdictional platforms hinders global Embedded Finance adoption.
BaaS, banking-as-a-service, embedded finance, fintech, banks, payments
Bulgaria-based Embedded Finance provider Paynetics has announced the strategic acquisition of UK-based neobank Novus.
acquisition, neobanks, fintech, embedded finance, ESG
Finland-based card issuing and processing company Enfuce has secured an Electronic Money Institution (EMI) licence in the UK.
EMI licence, compliance, expansion, fintech, Issuer
UK-based fintech Navro (formely Paytrix) has secured an Electronic Money Institution licence from the Central Bank of Ireland.
EMI licence, expansion, financial services, payments , fintech
Netherlands-based neobank bunq has announced its plan to expand in the region of the UK, after submitting an application for an EMI licence in the area.
expansion, banking, online banking, mobile banking, digital banking, neobanks, financial services, financial institutions
Pakistan-based fintech platform NayaPay has partnered with China-based Alipay+, a cross-border digital payments and marketing platform operated by Ant International.
partnership, digitalisation, online platform, transactions , financial inclusion
Enrico Camerinelli, Strategic Advisor at Datos Insights, dissects Banking-as-a-Service and Embedded Finance, discussing definitions, value chains, metrics of success, and monetisation opportunities.
BaaS, embedded finance, banks, fintech
UK-based enabler of real-time clearing and embedded banking for financial institutions ClearBank has partnered with fintech LemFi.
partnership, embedded finance, financial services, fintech
Netherlands-based Quantoz Payments has registered EURD as a community trademark and introduced EURD on the Algorand blockchain.
cryptocurrency, digital euro, product launch, digital assets
Singapore-based cryptocurrency exchange Crypto.com has obtained an Electronic Money Institution licence from the UK’s Financial Conduct Authority.
cryptocurrency exchange, cryptocurrency, EMI licence, regulation
Lithuania-based iDenfy has partnered with Kryptowaluty.pl to strengthen identity verification for the digital onboarding process.
cryptocurrency, digital identity, digital onboarding, partnership, fraud prevention
UK-based Dojo, a trading name of Paymentsense Ireland Limited, has been granted its e-money licence (EMI) from the Central Bank of Ireland.
fintech, banking license, transactions , cloud, digital payments
Asia-based payment platform PingPong has announced its partnership with the fintech platform MODIFI to release a global B2B Buy Now, Pay Later (BNPL) global system.
partnership, BNPL, payments , fintech, digital payments
Brazil-based financial services company Zoop has become a licenced payments institution following an authorisation from the local Central Bank.
payments , fintech, B2B payments, compliance
Global spend management solution Payhawk has received principal member status from Visa, advancing its mission to simplify business payments.
payment processing, EMI licence, regulation, debit card, credit card
UK-based payments network TerraPay has announced its partnership with Bancolombia in order to strengthen cross-border remittances across the region of Colombia.
partnership, cross-border payments, cross-border ecommerce, financial inclusion, mobile payments, online payments, digital payments, ecommerce
Crypto platform Kraken has received authorisation from the Central Bank of Ireland as an e-money institution and has registered with the Bank of Spain as a Virtual Asset Service Provider.
cryptocurrency, EMI licence, certification, NFT, expansion