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Synctera expands its partnership with Mastercard

News | Online & Mobile Banking | 20 May 2022

Synctera, a US-based fintech banking provider, has expanded its partnership with Mastercard by integrating Mastercard’s Open Banking platform to provide account verification solutions.

partnership, fintech, Open Banking, identity verification, data

YAP launches in Pakistan

News | Online & Mobile Banking | 20 May 2022

YAP, a UAE-based fintech, has been granted an In-Principle Approval (IPA) from the State Bank of Pakistan for an Electronic Money Institute (EMI) Licence.

fintech, product launch, banks, EMI licence, financial services

Salt Edge releases report on top Open Banking use cases for B2B

News | Online & Mobile Banking | 20 May 2022

Salt Edge has analysed thousands of demo requests and the experience of its clients to qualify the most spread and with the highest-potential Open Banking-powered use cases.

Salt Edge, B2B payments, Open Banking, SME lending, treasury, online banking, banks, fintech

Who's Who in Payments Report 2022

Report | Online Payments | 20 May 2022

The Who’s Who in Payments Report 2022 is the most recent market overview and analysis of key payment providers in the B2B and B2C commerce payment ecosystem.

B2B payments, startup, fintech, ecommerce, investment, acquisition, PSP, payments infrastructure, payment processing, payment orchestration

Nium launches real-time payments to Malaysia

News | Payments General | 19 May 2022

Singapore-based fintech Nium has made real-time payments available in Malaysia and announced broader local license capabilities.

real-time payments, expansion, fintech, PSP, settlement, Nium

Thought Machine doubles its valuation to USD 2.7 bln

News | Online & Mobile Banking | 19 May 2022

UK-based fintech Thought Machine has doubled its valuation to USD 2.7 billion as the cloud banking company pulls in institutional investors like Morgan Stanley and looks to expand its international presence.

cloud, banks, funding, fintech, expansion

MarketFinance raises GBP 100 mln from Deutsche Bank

News | Payments General | 19 May 2022

UK-based fintech credit and payment company MarketFinance has received GBP 100 million from Deutsche Bank to support new lending to UK SMEs.

lending, funding, SMEs, fintech, SBI Payments

Kiln completes USD 5 mln funding round

News | Cryptocurrencies | 19 May 2022

Kiln, a staking platform for institutions, crypto-native, and fintech companies, has completed a USD 5 million funding round.

cryptocurrency, fintech, funding, financial institutions, crypto asset

Check-it partners with Nordigen

News | Online & Mobile Banking | 19 May 2022

Spain-based fintech Check-it has partnered with freemium platform Nordigen to facilitate direct connection to bank accounts for their client base. 

partnership, Open Banking, banks, fintech, cash flow

Fintech Scion's acquiring company, HWGC Holdings, raises USD 25 mln

News | Payments General | 19 May 2022

UK-based Fintech Scion’s acquirer HWGC Holdings has intended to raise USD 25 million of equity capital to expand operations in Europe and Asia.

funding, expansion, fintech, acquisition, Acquirer

Central Bank of Nigeria issues Open Banking framework

News | Online & Mobile Banking | 18 May 2022

The Central Bank of Nigeria has issued the Regulatory Framework for Open Banking in Nigeria in its efforts to improve competition and innovation in the banking system. 

Open Banking, regulation, financial services, banks, fintech

Deutsche Bank partners with FinLync for real-time treasury

News | Online & Mobile Banking | 18 May 2022

Deutsche Bank has partnered with FinLync, a global fintech company offering products that are transforming corporate finance and treasury offices. 

partnership, Deutsche Bank, API, fintech, treasury, online banking

GIST secures funding from FNZ

News | Payments General | 18 May 2022

Impact data and analytics provider GIST has received a strategic investment from global wealth management firm FNZ, according to Fintech Global.

ESG, green finance, partnership, fintech, wealth management

Fintech Greenlight launches credit card for parents

News | Cards | 18 May 2022

Greenlight, a US-based fintech company that pitches parents on kid-friendly bank accounts, has launched a credit card.

fintech, product launch, credit card, cashback, investment

Surecomp launches its trade finance platform, RIVO

News | E-invoicing, SCF & E-procurement | 18 May 2022

Canada-based Surecomp has launched its new collaborative trade finance platform RIVO, bringing together an ecosystem of corporates, financial institutions, and fintechs.

trade finance, product launch, financial institutions, fintech, cloud

Accelerated Payments advances EUR 750 mln to businesses

News | Payments General | 18 May 2022

UK-based alternative finance company Accelerated Payments has advanced EUR 750 million to businesses, as companies emerge from the COVID19 lockdown.

fintech, SMEs, lending, Brexit, pandemic

Plaid launches Data Connectivity solutions

News | Online & Mobile Banking | 17 May 2022

Plaid has announced the launch of Plaid’s Data Connectivity solutions. 

fintech, financial data, banks, API, financial services

Magazine Luiza launches its own fintech

News | Payments General | 17 May 2022

Magazine Luiza, a Brazil-based retail brand, has launched its own fintech called Fintech Magalu.

product launch, fintech, retail, financial services, POS

Experian to acquire MOVA

News | Online & Mobile Banking | 17 May 2022

Global consumer credit reporting company Experian has agreed to acquire MOVA, a Brazilian fintech, according to Fintech Global.

acquisition, Experian , fintech, SMEs, credit scoring

Nomad raises USD 32 mln in Series B round

News | Online & Mobile Banking | 17 May 2022

Nomad, a fintech that allows Brazilians to open a bank account in the US digitally, has raised a USD 32 million Series B round led by US venture capital fund Stripes.

banks, funding, fintech, digital banking, remittance