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Singapore-based fintech startup Qashier has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution (MPI) license.
startup, fintech, regulatory sandbox, digital payments, cross-border payments
US-based One, Walmart’s majority-owned fintech startup, has launched Buy Now, Pay Later (BNPL) loans for high-value items at 4,6000 of the retailer’s stores.
BNPL, payment methods, product launch, mobile payments, online payments
US-based Pomelo, a fintech startup that combines international money transfer with credit, has raised USD 35 million in Series A funding round.
remittance, money transfer, credit card, funding, expansion
Business strategy expert, Ather Rizvi, talks about what are the main trends and developments that are shaping the UAE payments landscape.
fintech, cross-border payments, digital identity, digital onboarding, startup, regulatory sandbox
IFGS 2024 brought together industry leaders spanning innovators, fintech executives, institutions, regulators, policymakers, startups, and investors for two days of thought-provoking discussions in one venue.
fintech, financial inclusion, Open Banking, Open Finance, payments , regulation, financial data, cryptocurrency
Turkey-based retail investing startup Midas has raised USD 45 million in a Series A funding round led by Portage.
funding, investment, cryptocurrency, expansion, fintech
OnePay, a Colombian fintech startup, has introduced a novel payment processing method via WhatsApp, aiming to simplify transactions for users.
mobile payments, funding, partnership, digital payments
Nigeria-based blockchain payments startup Ivorypay has formed a partnership with stablecoin issuer Tether to offer digital transactions to more consumers across Africa.
stablecoin, cryptocurrency, blockchain, remittance, partnership
US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.
funding, spend management, investment, risk management, payments
Denmark-based payment solutions provider Flatpay has raised USD 47 million in its Series B funding round led by Dawn Capital.
merchants, POS, funding, SMEs, expansion
Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024.
funding, investment, financial services, public listing, online payments
Fintech startup Sikoia has rolled out AI-driven document processing, automating 75% of tasks in customer data verification.
identity verification, digital onboarding, artificial intelligence, financial institutions, risk management
Malaysia-based fintech startup FinDoc has disclosed a strategic collaboration with credit reporting agency CTOS Data Systems.
partnership, fintech, identity verification, artificial intelligence
Brazil-based fintech Koin has secured a USD 7.21 investment to finance customer credit operations.
instalment payments, PIX, expansion, startup, digital wallet
HSBC has launched its Venture Debt offering in Singapore and a USD 1 billion investment in the ASEAN Growth Fund to scale up digital platform businesses in the region.
product launch, investment, funding, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Payment startup Stables has announced the launch of international remittances for customers and clients between the regions of Australia and the Philippines.
product launch, expansion, payments , cross-border payments, cross-border ecommerce, online payments, digital payments, mobile payments, ecommerce
Zambia-based card issuing fintech startup Union54 has announced the launch of ChitChat in the region, aiming to improve the digital finance and social commerce landscape in Africa.
product launch, digital wallet, digital payments, partnership, social commerce, financial inclusion
Switzerland-based fintech nsave has raised USD 4 million in a seed funding round co-led by Sequoia Capital and TQ Ventures.
fintech, funding, financial inclusion, banking
US-based leisure startup LuggStash has tapped Lithuania-based iDenfy’s identity verification solution to protect users through smooth KYC onboarding in its app.
identity verification, KYC, digital onboarding, fraud prevention
Float has secured USD 11 million in funding round from Standard Bank, aimed at the acceleration of its development strategy and the rollout of its platform.
partnership, funding, investment, payments , online payments, mobile payments, digital payments, ecommerce, financial inclusion