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Revolut, a prominent fintech firm headquartered in London, is considering strategies to capitalize on customer data by potentially sharing it with advertising partners.
prepaid card, authorisation rate, banking license, financial inclusion, mobile banking
UK-based payment services provider TerraPay has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).
money transfer, remittance, MPI licence, cross-border payments, regulation
Bulgaria-based Embedded Finance provider Paynetics has announced the strategic acquisition of UK-based neobank Novus.
acquisition, neobanks, fintech, embedded finance, ESG
UK-based Volopa has announced its partnership with ClearBank in order to accelerate the expansion of its product portfolio for SME clients.
partnership, banking, online banking, mobile banking, digital banking, financial services, financial institutions, EMI licence, SMEs
UK-based payments platform BVNK has gone live in Europe after receiving its local EMI licence.
EMI licence, B2B payments, API, Virtual IBAN, SEPA
Europe-based B2B fintech platform for SMEs and freelancers Finom has announced that it raised EUR 50 million in a Series B equity funding round.
funding, online banking, IBAN, bank account, mobile banking, investment
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
European paytech company payabl. has announced that it secured an Electronic Money Institution (EMI) licence from the Central Bank of Cyprus (CBC).
EMI licence, paytech, financial services, biometric authentication, PSD2
US-based crypto custodian BitGo has obtained in-principle approval for a Major Payment Institution (MPI) licence in Singapore.
MPI licence, compliance, expansion, cryptocurrency
UK-based Banking-as-a-Service (BaaS) platform Fiat Republic has raised EUR 6.4 million in seed extension to bridge the gap between Web3 and traditional banks.
cryptocurrency, BaaS, banking, payments , investment
Deutsche Bank’s asset management arm, DWS, has announced a new venture with Galaxy Digital and Flow Traders to issue a euro-denominated stablecoin jointly.
stablecoin, cryptocurrency, crypto asset, partnership, digital assets, regulation
Australia-based BNPL provider Zip has partnered with Google Pay in order to offer flexible payment options at checkout for merchants and customers in the US.
partnership, payments , payment methods, online payments, digital payments, mobile payments, ecommerce
France-based payment services provider Worldline has secured a payment licence to perform domestic and cross-border payments and merchant acquiring services in Singapore.
banking license, cross-border payments, cross-border ecommerce, payments infrastructure, money transfer
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
money laundering, financial crime, partnership, online security, risk management
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
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
Payment infrastructure provider Mangopay has announced the launch of its end-to-end FX solution developed to support international expansion of platforms and marketplaces.
FX , product launch, cross-border payments, multi currency treasury solutions, payin, payout
Cloud-based neobank Viva.com has expanded its Tap to Pay on iPhone service in France, to provide clients in the region with contactless payments via iPhone.
expansion, product launch, payments , contactless payments, online payments, digital payments, mobile payments, ecommerce
Platform-specific payment infrastructure provider Mangopay has partnered with France-based embedded invoice financing provider Aria.
B2B payments, marketplace, SaaS, payments infrastructure, payment facilitator, BNPL