Articles with tag: fintech

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Paynetics, phyre, VIVACOM unveil the Mastercard Digital First card

07 Aug 2020 | Cards

Fintech payment service provider Paynetics, digital banking platforms provider phyre, and Bulgaria-based telecoms provider VIVACOM have launched the Mastercard Digital First card. 

Mastercard, digital card, launch, Europe, Paynetics, fintech, digital banking, cardholder, PAN, online payments, cards, digital wallet

Mozper provides digital banking services to South American parents and kids

07 Aug 2020 | Online & Mobile Banking

The Uruguayan-Mexican fintech Mozper has launched a new service to provide digital banking services to parents and kids in Latin America. 

Mozper, digital banking, fintech, Latin America, payments, finance management, transactions

Ayoconnect closes USD 5 mln Pre-Series B funding round

07 Aug 2020 | Payments General

Ayoconnect, an Indonesian fintech company, has raised USD 5 million in Pre-Series B funding from strategic global investors to continue building Indonesia’s largest bill network. 

Ayoconnect, funding round, fintech, financial inclusion, payments, Indonesia

Tinkoff initiates charitable scheme 'Cashback to Give Back'

06 Aug 2020 | Online & Mobile Banking

Tinkoff has announced the launch of its new charitable scheme Cashback to Give Back.

Tinkoff, mobile banking, online banking, Russia, mobile app, charity, payments, fintech

AML and Business KYC /KYB platform kompany raises EUR 6 million

06 Aug 2020 | Digital Identity, Security & Online Fraud

kompany, a regtech platform for Business KYC (KYB), has announced new investment of almost EUR 6 million, the company’s largest single investment round to date.

kompany, regtech, AML, KYC, KYB, funding, Startpath, Plug and Play FinTech, Raiffeisen Bank International, Elevator Lab, KYC onchain

Fintech Bnext raises USD 13 mln in funding round

06 Aug 2020 | Payments General

Spain-based Bnext, a provider of alternative banking services, has secured USD 13 million in a capital investment round led by its existing investors.

Spain, fintech, startup, Bnex, banking, DN Capital, Redalpine, Speedinvest, Founder Future, Enern, Digital Horizons, Kreos Capital, Cometa, Latin America, Electronic Money Issuer, Bank of Spain, banks, cards

NayaPay joins Visa Fintech Fast Track program

05 Aug 2020 | Online Payments

NayaPay has joined the Visa Fintech Fast Track program, helping the company’s integration process with.

NayaPay, Visa, partnership, fast-track, digital, digital payments, payments, Pakistan, Visa Fintech Fast Track, technology, Electronic Money Institution, EMI, emoney, merchants, debit cards, cards, online, transactions, retail, ATM, QR, mobile app, Visa Direct, cross-border, freelancer, remittances

Cambodia-based fintech Clik secures USD 3.7 mln funding for financial inclusion

05 Aug 2020 | Payments General

Fintech startup Clik has completed the final close of its USD 3.7 million seed round for mobile payments, loyalty programmes, data visualisation, business intelligence, and cloud data services. 

Clik, fintech, Cambodia, funding, financial inclusion, mobile payments, loyalty programmes, data visualisation, business intelligence, cloud data services, Openway, Poems Pte, angel investors, National Bank of Cambodia, NBC, Central Bank Digital Currencies, Bakong, payment aggregator, payments, cards, wallets, bank accounts, mPOS, SoftPOS, eKYC

Viva Wallet acquires banking licence of Praxia Bank

05 Aug 2020 | Online & Mobile Banking

Viva Wallet has acquired the banking license of Praxia Bank after the completion of the share purchase agreement with AMC Oak.

Europe, fintech, Viva Wallet, banking, banking licence, Praxia Bank, AMC Oak, loans, ecommerce, partnership, WooCommerce, Pan-European, payments, merchants, IBAN, BIN, debit cards, cards

Fintech Wiserfunding enters Indian market

05 Aug 2020 | Online & Mobile Banking

UK-based fintech Wiserfunding has entered India market by launching an AI-backed credit risk assessment tool for SMEs.

UK, Wiserfunding, India, SMEs, fintech, AI, artificial intelligence, credit risk, technology, Europe, partnership, banks, non-banking financial companies, NBFCs

Tide and ClearBank join the race for Pool E fund

04 Aug 2020 | Payments General

Fintech Tide has submitted a joint bid with ClearBank as part of Banking Competition Remedies (BCR) USD 130 million Pool E fund.

Tide, ClearBank, Pool E, fintech, Banking Competition Remedies, BCR, Pool A, banking, technology, open banking, payments, SMEs

DayTek Capital receives Australian banking licence

04 Aug 2020 | Online & Mobile Banking

Australia-based neobank DayTek Capital has been awarded an Australian Financial Services Licence (AFSL) by the Australian Securities and Investments Commission

Australia, challenger bank, banks, DayTek Capital, banking, banking licence, neobank, Australian Financial Services Licence, AFSL, Australian Securities, Investments Commission, Infinity, cards, fintech, Restricted Authorised Deposit Taking Institution Licence, RADI, Australian Financial Compensation Scheme, Australian Federal, Qeensland State

Varo Money gains full regulatory approval to become a national bank

04 Aug 2020 | Payments General

Varo Money has been granted its national bank charter from the Office of the Comptroller of the Currency (OCC).

Varo Money, Varo Bank, financial app, financial services, fintech, US, technology, banking licence, Bancorp Bank

Billtrust, Finexio partner for faster digital payments amid pandemic

04 Aug 2020 | Payments General

US-based fintech Finexio has partnered with B2B payments solution provider Billtrust to provide faster digital payments to its suppliers.

Billtrust, Finexio, digital payments, pandemic, fintech, US, United States, B2B payments, Business Payments Network, BPN, partnership, covid19, accounts receivable, automated invoice reconciliation, virtual cards payments

FSS introduces AutoPay to UPI

04 Aug 2020 | Payments General

Digital payment and financial technology company FSS (Financial Software and Systems) has added new features to its UPI 2.0 platform.

FSS, Autopay, digital payments, fintech, Financial Software and Systems, PSP, UPI, monetisation, NPCI, banks, B2B payments, supply chain

Paya and FinTech III announce merger agreement

04 Aug 2020 | Payments General

Paya, an integrated payments and commerce solution provider, has entered into a definitive merger agreement with FinTech Acquisition Corp. III, a special purpose acquisition company.

Paya, fintech, payments, merger, ACH platform, Paya Connect, GTCR, FinTech Acquisition Corp. III

Bottomline launches Pay Direct to boost cash collection for businesses

03 Aug 2020 | Online & Mobile Banking

UK-based fintech Bottomline has announced the launch of Pay Direct, an open banking payment initiation service enabling companies to receive online payments from customers.

Bottomline, Pay Direct, cash collection, open banking, payments, online payments, fintech, online purchase, merchants, customers, payer, open banking payment initiation service, UK, United Kingdom, Faster Payments, online businesses, card fees, reconciliation, direct debits, card processing, banks

ZenBusiness acquires SME-directed fintech Joust

03 Aug 2020 | Payments General

US-based platform for micro businesses ZenBusiness has announced the acquisition of US-based fintech platform Joust

ZenBusiness, Joust, SME, fintech, partnership, platform, micro businesses, ZenBusiness Money, financial tools, Sensibill, solopreneurs, business bank account, United States, US, America

Uzbekistan-based People's Bank, Finastra partner for risk management business

03 Aug 2020 | Digital Identity, Security & Online Fraud

UK-based fintech Finastra has partnered with Uzbekistan’s People’s Bank for deploying Fusion Risk, a technology feature used for automating risk management business.

Uzbekistan, People’s Bank, Finastra, risk management business, fintech, Fusion Risk, automation, FinExtra Group, Neoflex, single point of control, user experience, ALM, FTP, IFRS 9, Basel II, Basel III

Quadient acquires accounts receivable automation fintech YayPay

03 Aug 2020 | E-invoicing, SCF & E-procurement

France-based Quadient has announced the acquisition of US-based SaaS accounts receivable (AR) automation solution provider YayPay

Quadient, YayPay, France, accounts receivable automation, AR automation, fintech, Business Process Automation, cloud-based platform, Quadient Impress, SMEs, automated invoice delivery, payments