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US-based Brex has raised USD 300 million in funding that propels it to a valuation of USD 12.3 billion.
funding, Unicorn, fintech, API, partnership
Lithuania-based fintech startup kevin. has closed a new seed funding round with USD 10 million to bing the total capital raised to USD 14 million.
fintech, account-to-account payment, POS, PSD2, NFC
Sift, a US-based fraud prevention company, has announced the launch of several new capabilities for fintechs to capitalise on their growth opportunities while mitigating fraud.
Sift, investment, fraud prevention, fintech, digital identity, API, KYC, identity verification
Norway-based fintech Zwipe has partnered with Chile-based fintech IC Payment to offer biometric solutions in LATAM and Caribbean markets.
fintech, partnership, biometrics, credit card, debit card, Issuer
US-based fintech Entrust has announced its expansion to the travel industry with its Seamless Travel Solution, a fully digital travel credential.
digital identity, identity verification, fintech, biometrics, digital onboarding, product launch
Romania-based Smart Fintech has announced a new authorisation from the National Bank of Romania, becoming licensed on both Open Banking segments.
Open Banking, Open Finance, fintech, PSD2
US-based fintech SHAZAM has partnered with Arroweye as its third payment cards provider for its clients.
partnership, debit card, credit card, contactless payments, fintech
South Africa-based fintech Click2pay has unveiled their latest product capability which allows consumers to pay and customise payment amount and information using a QR code.
mobile payments, product launch, QR payments, fintech, contactless payments
Germany-based fintech Heyfina has announced closing a financing round which included venture capital company Atlantic Labs and Visionaries Club.
investment, expansion, mobile banking, BaFin, fintech
India-based fintech CRED has raised USD 251 million in a new financing round, its third funding in 2021, at a valuation of USD 4.01 billion.
fintech, mobile banking, startup, funding, credit scoring
TopSource Worldwide has partnered with Ebury Mass Payment’s to provide clients with a scalable payroll payment service.
partnership, fintech, cross-border ecommerce, online payments
US-based financial cooperative Westerra Credit Union has partnered with engagement banking technology provider, Backbase, to accelerate its digital transformation journey.
digital banking, digital onboarding, customer experience, fintech, partnership
Commercial Bank of Dubai (CBD) and Bahrain-based fintech Infinios Financial Services announced a strategic partnership to support the fintech ecosystem in United Arab Emirates.
central bank, fintech, digital banking, financial inclusion
UK-based automation platform for payments Primer has closed Series B funding round with USD 50 million, valuating the payments infrastructure startup at USD 425 million.
funding, startup, online payments, fintech, Adyen
Helen Child, Founder, Open Banking Excellence (OBE): The UK has created the blueprint for Open Banking and Open Finance, the pace of market adoption is accelerating, an incredibly exciting time for this sector
Open Banking, Open Finance, digitalisation, banks, fintech, account-to-account payment, financial inclusion
US-based financial technology company Pagaya has announced its collaboration with digital finance company SoFi to enable the latter to broaden members’ access to its products.
artificial intelligence, machine learning, partnership, expansion, fintech, lending, digital identity
Nigeria-based fintech Flutterwave has planned to acquire fresh funding at USD 3 billion to triple its present valuation.
online payments, funding, Unicorn, fintech, startup, Flutterwave
PSD2-based white-label mobile banking app, FinCell, announces their official launch in Europe to help more financial institutions develop their mobile banking.
fintech, banks, mobile banking, digital banking
UK-based payment service provider PayAlly has chosen Denmark-based fintech Nets Group as its provider of issuing and acquiring processing services in the UK.
Issuer, partnership, Nets, fintech, Acquirer, tokenization, payment processing
US-based data platform MX has released a white paper, exploring the use of financial product and services by Millennials, Gen Z, and baby boomers.
research, Gen Z, online banking, digital banking, fintech, money transfer, BNPL