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Tinkoff to issue additional shares to fund Rosbank deal

News | Online & Mobile Banking | 25 Apr 2024

Russia-based online bank Tinkoff has announced its plans to issue up to 130 million additional shares in order to fund a deal to integrate Rosbank into its structure. 

banking, mobile banking, digital banking, online banking, financial services, financial institutions

Mnaara launches in the UK

News | Online & Mobile Banking | 24 Apr 2024

Digital investment platform Mnaara has expanded in the region of the UK to provide access to private market investments for Shariah-conscious investors. 

expansion, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Allfunds joins forces with Google Cloud

News | Online & Mobile Banking | 24 Apr 2024

B2B WealthTech platform Allfunds has announced its collaboration with Google Cloud, with the company aiming to improve its features via cloud computing, analytics, and AI. 

partnership, artificial intelligence, financial services, financial data, data analytics, expansion

South Africa Central Bank reveals digital payments roadmap

News | Cryptocurrencies | 23 Apr 2024

South Africa’s central bank (SARB) has revealed a roadmap that would improve the country’s adoption of digital payment technologies.

digital payments, report, cryptocurrency, CBDC

du launches du Pay to augment the UAE's cashless economy

News | Mobile Payments | 23 Apr 2024

UAE-based du has announced the launch of du Pay to boost UAE’s transition toward a cashless economy and support the national digitalisation agenda.

mobile payments, cross-border payments, product launch, financial inclusion, digitalisation

Midas raises USD 45 million in Series A funding

News | Cryptocurrencies | 23 Apr 2024

Turkey-based retail investing startup Midas has raised USD 45 million in a Series A funding round led by Portage.

funding, investment, cryptocurrency, expansion, fintech

Paysera integrates real estate investments via InRento

News | Payments General | 23 Apr 2024

Lithuania-based fintech Paysera has incorporated in its app the ability to directly invest in crowdfunded real estate rental projects on the InRento platform.

investment, partnership, fintech, super app, product upgrade

Brankas awarded Open Banking bata license by Bank Indonesia

News | Online & Mobile Banking | 22 Apr 2024

Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).

Open Banking, digital payments, bank account, API, settlement

Ramp secures USD 150 million in Series D-2 round

News | Online & Mobile Banking | 19 Apr 2024

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

funding, spend management, investment, risk management, payments

Flatpay secures USD 47 mln Series B funding

News | Payments General | 18 Apr 2024

Denmark-based payment solutions provider Flatpay has raised USD 47 million in its Series B funding round led by Dawn Capital.

merchants, POS, funding, SMEs, expansion

Mastercard partners with Onafriq

News | Payments General | 17 Apr 2024

Mastercard has partnered with pan-African payments provider Onafriq to provide payment solutions to consumers and SMEs in Africa.

partnership, payments , SMEs, cross-border payments

RBI to issue an additional licence framework

News | Digital Identity, Security & Online Fraud | 16 Apr 2024

The Reserve Bank of India (RBI) has planned to issue an additional licence category for point of sale (POS) businesses in a bid to improve the offline payments ecosystem. 

payments aggegator license, KYC, fraud management, fraud prevention, POS

Mastercard partners with VoPay

News | Payments General | 16 Apr 2024

Mastercard has partnered with Canadian fintech VoPay in order to provide customers with the possibility to move money quickly and securely with Mastercard Move. 

partnership, cross-border payments, cross-border ecommerce, payments , online payments, mobile payments, digital payments, ecommerce

Stripe secures USD 694 million in tender offer

News | Online Payments | 16 Apr 2024

Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024. 

funding, investment, financial services, public listing, online payments

The SILC Group collaborates with Tokeny

News | Cryptocurrencies | 11 Apr 2024

Australia-based alternative assets solutions provider The SILC Group has partnered with institutional tokenization solution provider Tokeny.

partnership, tokenization, digital assets, compliance

Santander to launch Openbank in the US

News | Online & Mobile Banking | 10 Apr 2024

Santander has launched a new national, digital offering in the region of the United States under the Openbank brand, aiming to improve customer experience. 

product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions

HSBC to sell its business in Argentina

News | Online & Mobile Banking | 10 Apr 2024

HSBC has reached an agreement to sell its banking operations in Argentina to Grupo Financiero Galicia.

acquisition, banks, transactions , financial services

TSD announces a strategic partnership with Axle

News | Payments General | 09 Apr 2024

Provider of loaner and car rental software TSD has announced a strategic partnership with universal API for insurance data Axle.

partnership, insurance, API, payments

LCH gets regulatory approval to clear Bitcoin index derivatives

News | Cryptocurrencies | 09 Apr 2024

Clearing house LCH has gotten regulatory approval from French and European supervisory authorities to clear cash-settled Bitcoin futures and options contracts.

Bitcoin, clearing house, risk management, regulation, digital assets

ZA Bank supports stablecoin issuers for web3 adoption

News | Cryptocurrencies | 08 Apr 2024

Hong Kong-based ZA Bank has announced plans to offer banking services for stablecoin issuers to cater to the increase in local web3 adoption.

stablecoin, web3, banking, digital assets, regulation