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Nacha, ValidiFI become Preferred Partners for Account Validation

News | E-invoicing, SCF & E-procurement | 08 Jan 2021

US-based Nacha has announced that digital platform ValidiFI is now a Nacha Preferred Partner for Account Validation, according to the official press release.

Nacha, ValidiFI, preferred partner, account validation, ACH network, digital platform, startups, financial service provider, enterprise, account opening, risk management, compliance, payment facilitation

Visa starts Accelerator Program in Asia Pacific

News | Payments General | 03 Dec 2020

US-based Visa has launched an accelerator program for startups across Asia Pacific that are looking to expand their businesses into new markets.

Visa, startups, fintech, Visa Accelerator Program, banks, merchants, unbanked, SME, Open Data

RazorpayX, Visa to launch corporate cards for SMEs in India

News | Online Payments | 30 Nov 2020

Razorpay, an India-based financial solutions company, has partnered with Visa to launch RazorpayX Corporate Cards.

startups, COVID-19, SMEs, India, corporate credit cards, product launch, Visa, RazorpayX Corporate Cards, Razorpay

i2c joins Visa's Fintech Fast Track Program

News | Payments General | 20 Oct 2020

i2c, a digital payment and banking technology provider has announced that it has joined Visa’s Fintech Fast Track program as a new enablement partner in the US, Canada and CEMEA.

i2c, fintech, Visa, startups

UK-based Railsbank becomes part of SAP.iO

News | Online & Mobile Banking | 14 Oct 2020

BaaS platform Railsbank has entered the SAP.iO Foundry Singapore Fall 2020 acceleration programme which has just been launched, according to the official press release.

UK, Railsbank, SAP.iO, BaaS, platform, acceleration programme, SAP.iO Foundry Singapore Fall 2020, enterprise application software, startups, APIs, COVID-19, recovery, fintech, spend management, Singapore Economic Development Board, SAP Concur, travel, expense management

Vanta fintech launches credit card for startups with Marqeta

News | Cards | 24 Sep 2020

Marqeta has announced that it has helped Vanta fintech to launch its next generation credit card for startups.

Vanta, fintech, credit card, startups, Marqeta

Accelerating Asia, Amazon Web Services roll out Amplify

News | E-invoicing, SCF & E-procurement | 22 Sep 2020

Singapore-based accelerator and venture fund Accelerating Asia has launched a virtual accelerator program, Amplify, in collaboration with Amazon Web Services (AWS).

Accelerating Asia, Amazon Web Services, Amplify, Singapore, Accelerating Asia, AWS, startups, Asia, promotional credits, AWS Activate, investors

Google finds six new partners for its Google Pay digital banking platform

News | Online & Mobile Banking | 18 Aug 2020

Google has partnered with six banks to offer digital checking and savings accounts to Google Pay users in the US, starting with 2021. 

Google, Google Pay, digital banking, platform, banks, digital checking, savings accounts, US, United States, Bank Mobile, BBVA USA, BMO Harris, Coastal Community Bank, First Independence Bank, SEFCU, Citi, SFCU, mobile banking, startups, FDIC, global banks, credit unions, digital payments, Google Wallet

Liquidity Capital, MUFG secure USD 80 mln initiative for Asia-based startups

News | Payments General | 11 Aug 2020

Israel-based AI technology firm Liquidity Capital has partnered with Japan-based MUFG Bank to determine the feasibility of issuing loans to Asian startups.

Liquidity Capital, MUFG Bank, initiative, Asia, startups, Singapore, Israel, Japan, Mars Growth Capital, Mars Growth, AI technology, bank accounts, accounting information, financing , ecommerce, Mitsubishi UFJ Financial Group, Meitav Dash Investments

Ecommerce platform Sorabel to shut down by end of July

News | Online Payments | 27 Jul 2020

Indonesia-based fashion ecommerce platform Sorabel has confirmed to be shutting down by the end of July 2020.

Indonesia, ecommerce, Sorabel, liquidation, startups, COVID-19, pandemic

Treezor becomes a privileged partner of Mastercard Fintech Express programme

News | E-invoicing, SCF & E-procurement | 17 Jul 2020

Treezor has become a privileged partner of the Fintech Express programme announced by Mastercard in June 2020.

Treezor, MasterCard, fintech, Mastercard Fintech Express, partnership, France, Europe, payments , banking-as-a-service, BaaS, Benelux, Italy, Spain, Germany, startups, technology, MPTS

Singapore FinTech Association and R3 enter partnership

News | Payments General | 15 Jul 2020

Singapore Fintech Association (SFA) and R3 have entered into a strategic partnership. 

Singapore FinTech Association, R3, startups, Singapore, blockchain

Société Générale to acquire challenger bank Shine

News | E-invoicing, SCF & E-procurement | 01 Jul 2020

Société Générale has announced acquiring France-based startup Shine for around EUR 100 million in an all-cash deal.

Société Générale, Freelancer, challenger bank, banks, Shine, France, startups, Daphni, Kima Ventures, XAnge, freelancers, debit cards, cards, invoices, banking license

Hub71 teams up with two UAE banks

News | E-invoicing, SCF & E-procurement | 26 Jun 2020

Hub71, a global tech ecosystem, has joined forces with Mashreq Bank and First Abu Dhabi Bank (FAB) to fix the problems faced by startups while opening a UAE bank account.

Hub71, UAE, banks, banking, startups, Mashreq Bank, First Abu Dhabi Bank, FAB, whitepaper, Rethinking Banking for Startups, partnership, transactions , KYC

KPMG rolls out crypto asset management tools

News | Cryptocurrencies | 23 Jun 2020

KPMG has developed a suite of tools that aims to assist both traditional financial companies and fintech startups offer tightly managed crypto-asset services.

KPMG, financial companies, startups, fintechs, advanced analytics, blockchain, crypto assets, auditing

Curlec to bring direct debit online for Malaysian people

News | E-invoicing, SCF & E-procurement | 22 Jun 2020

Malaysia-based fintech Curlec has secured funding from 500 startups.

Malaysia, fintech, Curlec, SMEs, payments , direct debit, banks, transactions , startups, banking, software, partnership, Southeast Asia

Tonik Financial secures USD 21 mln in Series A funding

News | Online & Mobile Banking | 15 Jun 2020

Tonik Financial has raised USD 21 million in its Series A round and will be using the funds to start its digital bank services in the Philippines. 

Phillippine, digital bank, digital, banks, Tonik Financial, Sequoia India, Point72 Ventures, Insignia, Credence, banking, banking licence, startups, retail, retail banking, loans, payments , cards

PayPal supports diversity and minority businesses with a USD 530 mln fund

News | E-invoicing, SCF & E-procurement | 12 Jun 2020

PayPal has announced a USD 530 million commitment to support black-owned and other minority-owned businesses in the US. 

PayPal, US, banks, startups, COVID-19, coronavirus, digital

Dubai International Financial Center invests in four startups

News | Payments General | 11 Jun 2020

Dubai International Financial Center has invested in four startups through its USD 100 million Fintech Fund.

Dubai, Dubai International Financial Center, fintech, startups, FlexxPay, rise, Now Meny, Sarwa, fintech fund, Middle East, Africa, South Asia, financial

Ohana to launch its e-wallet

News | Payments General | 26 May 2020

Argentina-based fintech Ohana has announced the launch of its first product, an e-wallet which allows users to pay services, taxes, send funds and make QR payments—all at no cost. 

Ohana, e-wallet, Argentina, fintech, payments , startups, Chimpay, Grupo Huentala Inversiones, HIH