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US-based fintech Ouro has designated Bnext as strategic issuer in Europe for its portfolio of consumer financial brands and products.
prepaid card, financial inclusion, payment processing, digital wallet, EMI licence
Identity proofing and passwordless authentication company 1Kosmos has announced the expansion of its offering with the launch of a Credential Service Provider (CSP) managed solution.
identity verification, identity fraud, digital identity, digital verification, multi-factor authentication
AI-powered global payments network and shopping assistant Klarna has expanded its partnership with Expedia Group to the US market.
partnership, expansion, artificial intelligence, travel 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
UAE-based du has announced the launch of du Pay to boost UAE’s transition toward a cashless economy and support the national digitalisation agenda.
mobile payments, cross-border payments, product launch, financial inclusion, digitalisation
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
UK-based fintech company Revolut has announced the introduction of its Joint Account service in Australia, allowing individuals to share their finances in a single place.
product launch, expansion, financial inclusion, payments , financial services
Austria-based payment brand Bluecode has entered a strategic partnership with Alipay+ to enable its users to make payments at all of the latter’s supported stores across Europe.
partnership, QR code, QR payments, mobile payments, banks
Mastercard has announced the launch of its mobile virtual card application in order to simplify and make travel and business expenses more secure.
product launch, payments , mobile payments, digital payments, online payments, ecommerce
Google Wallet has set to launch in India, separate from Google Pay.
digital wallet, mobile payments, product launch, digital payments, loyalty programme
AI-enabled global payments network Klarna has announced its plans to introduce its credit card in the US, thus working towards expanding its market presence.
product launch, BNPL, credit card, payment methods, expansion
Brazil-based financial services platform Nubank has announced its plans to go beyond providing banking services and launch its own mobile phone operator company.
mobile banking, online banking, mobile payments, fintech
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
M&S and HSBC UK have partnered to augment credit, payment, and loyalty solutions for customers, aiming for a seamless digital shopping experience.
credit card, loyalty programme, shopping, lending, digital payments
UK-based fintech company Revolut has obtained an in-principal authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI) in the region.
payments , mobile payments, financial inclusion, local payment method, cross-border payments
Singapore-based digital asset exchange Crypto.com has announced that its local entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA).
digital assets, cryptocurrency exchange, cryptocurrency
American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.
fintech, financial services, financial inclusion, digital payments, debit card
Kueski, a prominent player in the buy now, pay later (BNPL) and online consumer lending sector in Latin America, has announced the forthcoming launch of the in-store version of Kueski Pay.
fintech, financial inclusion, mobile payments, retail
US-based e-wallet Transi has partnered with fintech provider Velmie to launch a remittance app that facilitates transactions between the US and the Dominican Republic.
mobile payments, money transfer, remittance, financial inclusion, fintech
Nubank Ultravioleta, a tailored experience for high-income Nubank clients, has revealed its venture into the travel domain with the preliminary release of its Global Account.
financial services, fintech, travel payments, digital currency