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The Paypers Global Fintech Mergers and Acquisitions Analysis Q1 2024

Voice of the Industry | Payments General | 25 Apr 2024

The Paypers analysed some of the most important M&As from Q1 2024 and focused on various emerging trends in the fintech, payments, banking, fraud prevention, and crypto sectors to highlight key aspects that prompt companies to acquire others.

acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, fintech

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

One introduces BNPL service to US stores

News | Payments General | 24 Apr 2024

US-based One, Walmart’s majority-owned fintech startup, has launched Buy Now, Pay Later (BNPL) loans for high-value items at 4,6000 of the retailer’s stores. 

BNPL, payment methods, product launch, mobile payments, online payments

Revolut launches refinancing facility in Romania

News | Online & Mobile Banking | 19 Apr 2024

UK-based fintech company Revolut has announced the launch of its refinancing facility in the region of Romania, as well as the solution’s overall global premiere. 

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

Zopa reports first full year profit

News | Online & Mobile Banking | 16 Apr 2024

UK-based Zopa has announced its its first full year of profitability, aiming to accelerate its development and to offer current accounts to customers by the end of 2024.

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

Uber halts fintech plans in Mexico

News | Online & Mobile Banking | 11 Apr 2024

American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.   

fintech, financial services, financial inclusion, digital payments, debit card

BNP Paribas wants to bring Tap to Pay on iPhone in France

News | Mobile Payments | 29 Mar 2024

Financial services company BNP Paribas has revealed its intention to launch the Tap to Pay on iPhone system for its users in France.

product launch, mobile payments, financial services, banks, Tap-to-Pay

Galileo updates its Buy Now, Pay Later solution

News | Payments General | 20 Mar 2024

US-based fintech Galileo Financial Technologies has expanded its Buy Now, Pay Later solution to include post-purchase instalment payment options.

BNPL, product upgrade, instalment payments, fintech

nCino signs an agreement to acquire DocFox

News | Online & Mobile Banking | 18 Mar 2024

US-based cloud banking firm nCino has signed a definitive agreement to acquire automated business onboarding tool for financial institutions DocFox.

acquisition, cloud services, financial services, digital onboarding

Prism Data launches CashScore FirstDetect

News | Digital Identity, Security & Online Fraud | 05 Mar 2024

Prism Data has announced the launch of its CashScore FirstDetect product, in order to optimise the manner in which financial providers identify and stop first-party fraud. 

product launch, fraud management, fraud detection, fraud prevention, online fraud, identity theft, identity verification, digital identity

ChargeAfter launches The Lending Hub

News | Online & Mobile Banking | 05 Mar 2024

US-based multi-lender point-of-sale platform ChargeAfter has announced the launch of The Lending Hub, a platform that is set to improve how banks provide lending solutions. 

digital banking, online banking, mobile banking, lending, embedded lending

Barclays sells credit card debt to Blackstone

News | Payments General | 28 Feb 2024

British multinational universal bank Barclays has decided to sell around USD 1.1 billion worth of credit card debt to private equity firm Blackstone.

credit card, partnership, acquisition, banks, equity

inDrive launches integrated financial services product for drivers

News | Online & Mobile Banking | 28 Feb 2024

Mobility and urban services platform inDrive has launched inDrive Money, offering cash loans to drivers operating on its platform in Mexico.

lending, financial inclusion, product launch, credit card, expansion

FairMoney in talks to acquire Umba

News | Online & Mobile Banking | 21 Feb 2024

Nigeria-based digital bank FairMoney has entered discussions to buy Umba, another Nigeria-based digital bank Umba, in a USD 20 million all-stock deal.

acquisition, expansion, digital banking, lending, financing

Monzo eyes GPB 4 billion valuation with a new funding round

News | Online & Mobile Banking | 20 Feb 2024

UK-based fintech Monzo has taken steps to finalise a deal that would raise enough capital to bring its total valuation to GBP 4 billion.

funding, investment, partnership, digital banking, fintech

Summerland Bank partners with nCino

News | Online & Mobile Banking | 19 Feb 2024

Australia-based Summerland Bank has announced its partnership with cloud banking firm nCino to drive efficiency and optimisation through digital development.

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

E6 joins Mastercard Engage Programme for European instalments

News | Online Payments | 16 Feb 2024

Episode Six (E6), a global provider of enterprise-grade payment processing and ledger infrastructure, has been chosen to participate in the Mastercard Engage Programme.

instalment payments, BNPL, payment processing, financial institutions

Barclays to acquire the retail banking business of Tesco

News | Online & Mobile Banking | 09 Feb 2024

Barclays has announced its decision to acquire the retail banking business of Tesco, as well as to provide customers with branded credit cards, personal loans, and deposits.

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

Aro partners with Equifax

News | Payments General | 07 Feb 2024

UK-based embedded finance partner for brands, Aro has announced its collaboration with Equifax in order to deliver a new data-driven marketplace. 

partnership, product launch, data, payments , online payments, mobile payments, digital payments, credit access, lending

ChargeAfter collaborates with Citi Retail Services

News | Payments General | 07 Feb 2024

US-based multi-lender point-of-sale platform ChargeAfter has been selected by Citi Retail Services as a technology provider for its Citi Pay products. 

partnership, digital payments, lending, payments , merchant