Articles with tag: fdi

Found 19 results in 171 milliseconds.

Galileo, Save team up to process USD 7 bln in funds and transactions

15 Oct 2020 | Payments General

US-based fintech Save and payments processing platform Galileo have partnered to use Galileo's API-based platform to process transactions and funding of Save customers.

Galileo, Save, funds, transactions, processing, API, platform, payments, funding, fintech, Chime, Greenlight, MoneyLion, Monzo, Revolut, SoFi, TransferWise, Save Market Savings Account, Save Debit Invest, card, banks, FDIC

Germany-based Deposit Solutions enters US market

29 Sep 2020 | Online & Mobile Banking

Deposit Solutions has launched its deposits platform in the US, introducing a new savings portal

Germany, Deposit Solutions, US, deposits platform, savings portal,, SaveBetter, banks, retail deposit, FDIC, user experience, savings products, local deposit market, funding source, bank account

Tencent invests USD 63 mln into Flipkart amid China row

18 Sep 2020 | Ecommerce

China-based technology conglomerate Tencent has invested nearly USD 63 million in Flipkart, according to regulatory filings of the holding company in Singapore.

Tencent, investment, Flipkart, Walmart, funding, foreign direct investment, FDI, PUBG Mobile Lite, WeChat Reading, WeChat Work, Tencent Weiyun, Alibaba Group, Paytm, Bigbasket, India

Google finds six new partners for its Google Pay digital banking platform

18 Aug 2020 | Online & Mobile Banking

Google has partnered with six banks to offer digital checking and savings accounts to Google Pay users in the US, starting with 2021. 

Google, Google Pay, digital banking, platform, banks, digital checking, savings accounts, US, United States, Bank Mobile, BBVA USA, BMO Harris, Coastal Community Bank, First Independence Bank, SEFCU, Citi, SFCU, mobile banking, startups, FDIC, global banks, credit unions, digital payments, Google Wallet

US-based fintech releases AI-powered credit card

14 Aug 2020 | Cards

Startup has launched a new banking platform specifically for millennials, along with a solid metal credit card. 

US, United States, fintech,, AI, credit card, banking platform, millennials, metal credit card, startup, financial services, FDIC insured deposit account, Unicorn Card Visa, mobile app, mobile check capture, payroll, direct deposit, onboarding

Rellevate launches its official platform

10 Aug 2020 | Online & Mobile Banking

Rellevate, a US-based fintech, has launched its platform, facilitating banking services through Sutton Bank.

Rellevate, digital, financial, US, fintech, banking, Sutton Bank, paychecks, Payroll, Visa Debit Card, Visa, debit cards, cards, electronic bill, payments, Bill Pay, banks, partnership, FDIC Insurance

Brex updates its cash management account solution with new functionalities

23 Jul 2020 | Payments General

Brex, a company focused on corporate credit cards and cash management, has updated functionalities and FDIC insurance on its zero-fee cash management account, Brex Cash.

Brex Cash, Brex, accounts, banking, account management, corporate, FDIC insurance, product update

Samsung unveils Samsung Money by SoFi

03 Jun 2020 | Mobile Payments

Samsung has unveiled details regarding Samsung Money by SoFi, its mobile solution that combines a cash management account and an accompanying Mastercard debit card. 

Samsung, Samsung Money by SoFi, cards, mobile payments, Mastercard, debit card, Samsung Pay, transactions, Samsung Rewards, FDIC, US

US-based fintech Aspiration secures USD 135 mln investment

22 May 2020 | Payments General

Aspiration, a US-based fintech, has closed a USD 135 million Series C funding round to enable financial solutions to Americans.

Aspiration, fintech, funding, financial solutions, green financial services, debit cards, cash back, APY interest, savings accounts, FDIC

ZYNLO launches its services in Alaska

22 May 2020 | Online & Mobile Banking

US-based ZYNLO Bank, a digital-only startup powered by PeoplesBank, has launched its banking service in Anchorage, Alaska. 

ZYNLO, digital banking, banking, Alaska, US, startup, PeopleBanl, Anchorage, online banking, mobile banking, P2P, FDIC, DIF, Madison, Wisconsin

Continental Bank selects TCS for its cloud banking solution

08 May 2020 | Online & Mobile Banking

US-based Continental Bank has selected India-based Tata Consultancy Services’ (TCS) cloud banking solution to digitally transform its banking business.

Continental Bank, TCS, digital banking, India, Tata Consultancy, cloud banking, banking, banks, digital, FDIC, BaNCS, fintech, software, SaaS, SMBs

Bambu partners FIS for launching mobile-only banking services for unbanked

04 May 2020 | Online & Mobile Banking

US-based neobank startup Bambu has selected FIS’s banking platform to launch mobile-only banking services for unbanked Americans.

Bambu, FIS, mobile banking, US, neobank, startup, mobile ap, FDIC, remittances, P2P, transfers, retail, API, SaaS

Wise secures USD 5.7 million in seed round

30 Apr 2020 | Online & Mobile Banking

Wise, a US-based challenger bank built for small businesses, has closed a USD 5.7 million seed round led by Base10 Partners.

Wise, challenger bank, SMBs, Base10 Partners, Abstract Ventures, Backend Capital, The Fund, Two Culture Capital, startup, financial services, payroll, Shopify, onboarding, FDIC, BBVA USA, payments, Stripe

Square gets US federal approval to activate as a bank

20 Mar 2020 | Online & Mobile Banking

US-based digital payments company Square has received the approval from federal and state regulators to open a bank in Utah, United States. 

Square, Federal Deposit Insurance Corp, digital bank, banking charter, banking licence, FDIC, federal bank, United States, US

DPIIT asks ecommerce companies to upload FDI compliance certifications

30 Aug 2019 | Ecommerce

The Indian government has asked ecommerce companies Amazon and Flipkart to upload statutory audit reports certifying proving that they are compliant with the FDI rules.

DPIIT, India, ecommerce, FDI, Amazon, Flipkart, marketplace

Digital bank N26 launches in the US

12 Jul 2019 | Online & Mobile Banking

Germany-based direct bank N26 has announced launching its banking app in the US.

N26, digital bank, challenger bank, direct bank, banking, Axos Bank, FDIC, Europe, US, North America, Germany,

Ecommerce sector to reach USD 200 bln by 2027

19 Feb 2019 | Ecommerce

Morgan Stanley has revised its estimate for the ecommerce sector, expecting it to reach USD 200 billion by 2027, according to Times Now.

Ecommerce, India, FDI, marketplace, Morgan Stanley

Ecommerce FDI norms should be applied for domestic online players, CAIT proposes

31 Dec 2018 | Ecommerce

The foreign direct investment (FDI) norms related to ecommerce companies should be implemented on domestic online players also, CAIT has proposed. 

Ecommerce, India, FDI norms, CAIT, Confederation of All India Traders, Amazon, Flipkart

India tightens ecommerce regulations

27 Dec 2018 | Ecommerce

The Indian government has announced an update to the country’s policy for Foreign Direct Investment (FDI), which will go live on February 1st 2019.

India, ecommerce, Indian government, regulations, policy, foreign direct investment, FDI, sellers, retailers, traders, Confederation of All India Traders, CAIT