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Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
Xalts has announced its acquisition of Contour Network and its plan to launch an application ecosystem for embedded trade financial solutions for global banks.
acquisition, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions, embedded finance
Austria-based VakifBank International has selected Intellect Global Consumer Banking’s (iGCB) Intellect Digital Core and Digital Lending to transform its overall banking experience.
digital banking, API, artificial intelligence, lending, expansion
UK-based fintech Kriya has received a new GBP 50 million funding facility from Viola Group to enable it to power over GBP 1 billion of B2B payments by 2026.
B2B payments, funding, fintech, BNPL, cash flow
US-based solution for international payment transfers Higlobe has partnered with Triple-A, intending to improve the landscape for remote workers in the Philippines.
cross-border payments, freelance economy, partnership, stablecoin, financial inclusion
B2B foreign trade financial service provider XTransfer has partnered with TransferMate to provide importers and exporters with additional market opportunities.
partnership, SMEs, FX , cross-border payments, cross-border ecommerce
Nigeria-based fintech, FrontEdge, has raised USD 10 million in a debt and equity seed round led by lead investor, TLG Capital.
funding, investment, SMEs, cross-border logistics
Cashfree Payments has launched its KYC Link, a no-code verification service that is set to accelerate the digitalisation process of Indian businesses.
product launch, KYC, fraud management, fraud detection, fraud prevention, online fraud, digitalisation
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
Global payment company, Fuiou Pay, has partnered with Visa Cross-Border Solutions (VXBS) to open up global opportunities for its China-based SME exporter clients.
cross-border payments, payments , FX , ecommerce, SMEs
India-based payments and API banking company Cashfree Payments has partnered with Global Trade Plaza to provide cross-border payments to Indian exporters.
partnership, cross-border payments, cross-border ecommerce, merchants, real-time payments, remittance
Truist has announced its partnership with Standard Chartered in order to strengthen trade finance offerings and capabilities in emerging markets around the world.
partnership, mobile banking, online banking, digital banking, banking, financial services, financial institutions
India-based fintech Razorpay has announced the acquisition of BillMe, a digital invoicing and customer engagement startup.
e-invoicing, acquisition, fintech, banking, omnichannel payments solution
Global caller identification platform Truecaller has partnered with India-based fintech Razorpay to offer an improved online checkout experience for customers.
partnership, payments , online payments, digital payments, mobile payments, checkout optimisation
Global payments provider Nium has partnered with OZ Câmbio to launch real-time payment rail to help Brazilian businesses transfer funds to major markets.
real-time payments, payment methods, cross-border payments, digital wallet
South Korea-based MOIN has partnered with Currencycloud to expand global coverage for South Korea’s remitters while improving the cross-border payment experience for customers.
remittance, cross-border payments, COVID-19, money remittance, partnership
India-based YES BANK has introduced its mobile banking application, iris by YES BANK, aiming to improve the country’s digital banking landscape.
mobile banking, mobile payments, digital banking, two-factor authentication, biometric authentication
Global payments and financial platform Airwallex has partnered with Israel-based OurCrowd to facilitate investments in global startups.
partnership, investment, startup, financial services
Singapore-based fintech Tazapay has secured a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).
MPI licence, regulation, cross-border payments, payments , compliance, fintech, paytech
Malaysia-based GAT Investment Bank has joined UK-based Currencycloud, to launch the GAT Money app for clients who need a global banking solution.
partnership, cross-border payments, Global Payments, banking