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Robinhood, the financial technology startup popularising trading among millennials, has increased its latest funding round from investors to USD 660 million.
Robinhood, funding, startup, financial technology, Millennials, fintech
Finland-based banking and fintech association Mobey Forum has launched the Payments Expert Group that will analyse the strategic options for banks in the payments landscape.
Mobey Forum, Payments Expert Group, digital bank, online banking, banking and fintech, financial technology, Finland, Europe, business strategy, consultancy
Russia-based fintech Yandex has agreed on a USD 5.5 bln deal to acquire online bank Tinkoff.
Yandex, Tinkoff, challenger bank, banking, online bank, digital bank, fintech, financial technology, mergers and acquisitions, acquisition, Russian Federation, Russia
UK-based cloud-native payment processor Paymentology has announced it is partnering with digital banking platform Thought Machine.
Paymentology, Thought Machine, Mox Bank, partnership, digital banking, online banking platform, fintech, Vault, financial technology, UK, United Kingdom, Europe
US-based provider of banking applications for FX and trade finance Finzly has released its latest developments for payment hub Payment Galaxy.
Payment Galaxy, Finzly, partnership, fintech, financial technology, online banking, mobile banking, real-time payments, Fedwire, ACH, Open APIs, payment processing for-benefit-of, interoperable payment hub, US, United States
Amex, Kabbage, American Express, US, United States, fintech, startup, small businesses, funding, acquisition, financial technology, data platform, IP, cash flow management, working capital, loans, Paycheck Protection Program
A UK-based startup focusing on developing AI for financial services, ComplyAdvantage has received USD 50 million to expand its reach and operations.
AI, financial crime, funding, financial technology, ComplyAdvantage, regtech, UK
iDenfy, digital onboarding, Sonect, identity verification, fraud mitigation, partnership, Switzerland, financial technology, ATM, banks, POS, cash, merchants, identity documents, passports, ID card, residence permits
US-based fintech Namogoo will integrate incentive platform Personali’s AI-powered personalized incentives technology through a strategic acquisition.
Namogoo, Personali, incentive programme, ecommerce, US, acquisition, fintech, financial technology
China, banks, fintech, People’s Bank of China, financial technology, finance, innovation, information
Japan, SMFG, SBI, partnership, digital banking, financial technology, cards, bank
WEX, a financial technology service provider, has announced an organisational restructure with the formation of a new Corporate Payment Solutions team.
WEX, financial technology, software, cloud, payments , US, corporate payment solutions
Canada-based payments provider Ackroo has entered into an agreement with BNA Smart Payment Systems, under which the former has acquired certain assets of BNA Smart Payments.
BNA, BNA Smart Payments, Ackroo, Payment Service Provider, mergers and acquisition, card, fintech, financial technology, payment processing
UK-based fintech Wollit has launched a payments service to top-up the monthly pay packets of freelancers and gig workers.
Wollit, online payments, gig economy, freelancer payments, payments top-up, eWallet, BBVA, United Kingdom, startup, fintech startup, financial technology
Ant Financial and Industrial and Commercial Bank of China have announced a collaboration as part of a strategic partnership unveiled in December 2019.
Ant Financial, Industrial and Commercial Bank of China, ICBC, China, Asia, APAC, online payments, financial technology, Alipay, payment collection, QR payments, merchants
UK-based fintech Chip has announced that it has been approved by the Financial Conduct Authority (FCA) as an Authorised Payment Institution.
chip, FCA, Financial Conduct Authority, Authorised Payment Institution, fintech, financial technology, online payments, payments service provider, UK, United Kingdom, financial regulator
UK-based Open Banking API provider TrueLayer has opened up its platform for assisting any individual or business during the COVID-19 outbreak.
TrueLayer, Open Banking, fintech, financial technology, coronavirus, COVID-19, donation, card interchange fee, UK, Europe
Digital bank Yapeal has received the first fintech license in Switzerland.
Financial Market Supervisory Authority, Yapeal, digital bank, Switzerland, Swiss Parliament, fintech, financial technology, FINMA
UK-based intech FIS has released the FIS 2020 Global Payments Report detailing a stark rise in Australia’s BNPL purchases.
FIS, fintech, buy now pay later, Australia, payments , online payments, financial technology, BNPL
Bulgaria-based Sirma has announced the release of Open Banking Suite OBS, a PSD2-compliant end-to-end fintech software suite.
Sirma, Open Banking, Open Banking Suite OBS, fintech, PSD2, financial technology, EBA’s Regulatory Technical Standards, European Banking Authority, POS terminal, Bulgaria, Eastern Europe