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Financial infrastructure platform for businesses Stripe has announced its collaboration with URBN in a bid to enable online and in-person retail payments for the latter’s brands.
online payments, mobile payments, payment methods, retail, checkout optimisation
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
US-based payment technology corporation Mastercard has expanded its collaboration with Equity Bank in a bid to improve cross-border payments for the latter’s users.
partnership, cross-border payments, transactions , financial services, expansion, remittance
The board of directors of Finland-based Alisa Bank and the shareholders of PURO Finance have agreed on the combination of the companies through a share exchange.
digital banking, acquisition, SMEs, banks, fintech
UK-based payments platform Mimo has secured a GBP 15.5 million investment led by Northzone to launch a platform that simplifies B2B payments.
SMEs, cash flow, B2B payments, funding, trade finance
We highlight key topics discussed at MPE 2024, such as the evolving trends in payment optimisation, marketplaces and online platforms, real-time payments, GenAI, and cross-border payments.
payments , account-to-account payment, marketplace, online platform, PSP, merchants, Issuer, Acquirer, real-time payments, generative AI, cross-border payments, ecommerce, payments orchestration, Open Banking, Open Finance, PSD3, payment methods, API, CBDC, artificial intelligence, KYC
Internet Bank Bunq has announced the rise of EUR 29 million capital injection, as it made a net profit of EUR 53 million in 2023 via its increased interest income.
funding, investment, banking, online banking, mobile banking, digital banking, financial services, financial institutions
US-based security compliance and risk platform Sprinto has raised USD 20 million in a Series B funding round led by Accel.
funding, investment, compliance, risk management
HSBC has reached an agreement to sell its banking operations in Argentina to Grupo Financiero Galicia.
acquisition, banks, transactions , financial services
Travel technology company Amadeus has completed the acquisition of provider of biometric solutions Vision-Box.
travel payments, acquisition, biometrics, merger
UK-based LHV Bank has increased its share capital by GBP 21 million in a bid to support its growth endeavours.
investment, funding, banks, expansion
Germany-based online bank N26 has launched its stocks and ETF trading product in Germany, with 4% interest on savings for Metal customers.
trading platform, product launch, cryptocurrency, investment, digital banking
B2C BNPL provider in the region of Europe, Zaver has announced the rise of a USD 10 million funding round, as an extension to its Series A investment.
funding, investment, BNPL, payments , online payments, mobile payments, ecommerce
Rakuten Group has unveiled its plans to consolidate its fintech operations into a unified group in a bid to expand its customer base across various sectors.
fintech, merger, expansion, banking
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
US-based payment technology corporation Mastercard has entered a collaboration with Worldpay aiming to improve the transaction experience by reducing payment fraud.
partnership, merchants, chargebacks, fraud prevention, ecommerce
Belgium-based insurtech Qover has partnered with UK-based credit card fintech Yonder to improve travel insurance experiences for members.
partnership, insurtech, fintech, credit card
Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion.
funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce
Jean-Philippe Wolyniec, Regional Sales Director, shares insight on the fastest card and digital lending innovations. He explains what helps OpenWay clients speed up launch of new issuing products, and why the real-time straight-through processing is crucial for a digital-first customer experience.
Issuer, banks, fintech, payment methods, prepaid card
US-based Open Banking payment platform Link Money has partnered with Silicon Valley Bank (SVB) to augment ACH processing and money movement for its merchants.
account-to-account payment, ACH, payment processing, merchants, Open Banking