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Brazil's National Monetary Council has allowed credit fintechs to initiate payment transactions, clearing them to provide payment services to consumers.
fintech, transactions , payments , banks, startup
Brankas, an Open Finance technology provider, has developed ‘Brankas Open’, an open-source license for the Banking-as-a-Service and Open Finance software.
BaaS, Open Finance, digital banking, fintech, startup
Lentra, an India-based embedded AI-based finance startup, has raised USD 60 million – a Series B that values the startup at over USD 400 million.
fintech, banks, embedded finance, artificial intelligence, startup
Klarna Kosma, Klarna's financial technology platform for banks, fintechs, and innovative retailers, has announced a new initiative to help startups develop Proofs of Concepts (POC) in the ecommerce, data analytics, and fintech space.
product launch, Open Banking, startup
The African Development Bank has loaned the Egyptian state-owned Banque Misr a USD 130 million line of credit.
banks, fintech, SMEs, startup, digitalisation
Kuda, a UK-based and Nigerian-operating startup, has expanded to the UK by offering a remittance product to Nigerians in the diaspora.
digital banking, remittance, startup, expansion, fintech
The Paypers studied the most relevant investments announced during Q3 2022. While the global fintech industry is growing at a slower pace compared to 2021, BNPL, embedded finance, and lending still seem safe investment bets.
fintech, investment, BNPL, embedded finance, funding, financial services, mobile banking, COVID-19, startup, neobanks
Adatree has created a framework in Australia to de-identify data in the regulated Consumer Data Right, enabling benefits for data recipients and consumers.
fintech, startup, data, regulation, research
After the flourishing period experienced in 2021, fintech companies are now facing difficult times due to sustained inflation and geopolitical conflicts that forced them into adapting a downsizing trend.
fintech, ecommerce, COVID-19, startup, online banking, digital payments, IPO, Unicorn, funding, cryptocurrency
WayaPay, a US-based Kenyan fintech, has launched its full-service digital bank and money transfer app targeting African immigrants.
fintech, startup, digital banking, money transfer, e-wallet
Ebanx, a Brazil-based fintech, has expanded into Africa, where it aims to place a greater emphasis on the digital payments side of its business.
expansion, mobile money, fintech, digital payments, startup
Mastercard has partnered with Copenhagen Fintech to strengthen the collaboration with the Nordic fintech ecosystem.
MasterCard, fintech, partnership, startup, expansion
Yuno, a Colombia-based startup, has partnered with Fraugster to provide online merchants access to a range of revenue uplift solutions via a single API.
expansion, partnership, startup, merchant, API
India-based StrideOne and micro, small, and medium enterprises (MSME) lender ZipLoan have partnered for deeper penetration in the MSME credit space.
financial services, partnership, fintech, digital banking, startup
Germany-based startup Topi has raised USD 45 million in equity and debt financing to provide hardware-as-a-service for B2B merchants who can choose to pay in installments for necessary equipment.
B2B payments, instalment payments, BNPL, interchange fee, merchant, merchants, SMEs, startup, funding, online payments, cash flow
Single.Earth, an EQT-backed startup tokenising nature, has chosen LHV UK as its banking partner to gain access to real-time EUR payments.
partnership, startup, real-time payments, tokenization, blockchain
Alexandra Constantinovici of The Paypers details on what startups we should keep an eye on in 2022 and beyond, as well as what trends tie in with these young companies.
startup, fintech, BNPL, payments infrastructure, account-to-account payment, funding
Startup Servify that handles lifecycle of devices for popular smartphone vendors has raised USD 65 million in a Series D funding round, after deciding to explore public listing back in 2020.
expansion, IPO, funding, digitalisation, POS, mPOS, crowdfunding, fintech, startup
Tamara, a Saudi Arabia-based Buy Now, Pay Later (BNPL) firm, has raised USD 100 million in a second round of fundraising from investors including Sanabil Investments.
BNPL, funding, startup, investment, payments
US-based fintech startup Pomelo has raised USD 20 million in venture capital and a USD 50 million credit facility as part of its seed funding round.
BNPL, funding, investment, startup, instalment payments