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US-based fintech Ouro has designated Bnext as strategic issuer in Europe for its portfolio of consumer financial brands and products.
prepaid card, financial inclusion, payment processing, digital wallet, EMI licence
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
US-based Pomelo, a fintech startup that combines international money transfer with credit, has raised USD 35 million in Series A funding round.
remittance, money transfer, credit card, funding, expansion
Revolut, a prominent fintech firm headquartered in London, is considering strategies to capitalize on customer data by potentially sharing it with advertising partners.
prepaid card, authorisation rate, banking license, financial inclusion, mobile banking
Real-time payments platform Volt has announced that it introduced its PayTo-based payment solution to its retail customers in Australia.
financial services, real-time payments, instant payments, fraud management, payment methods, payment fraud
Singapore-based cross-border payments company Thunes has announced its plans to acquire Tilia, an all-in-one payments platform, to accelerate its expansion in the US.
payments , payment methods, payout, online payments, expansion
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
US-based expense splitting software Splitwise has entered a collaboration with Tink in a bid to provide the latter’s Pay by Bank service to its users.
partner, partnership, mobile banking, online banking, payments , account-to-account payment, Open Banking
Orange Money and the Jordan Post Company have signed an agreement to boost digital financial services in Jordan.
digital payments, digital wallet, financial services, financial inclusion, partnership, transactions
M&S and HSBC UK have partnered to augment credit, payment, and loyalty solutions for customers, aiming for a seamless digital shopping experience.
credit card, loyalty programme, shopping, lending, digital payments
UK-based fintech company Revolut has obtained an in-principal authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI) in the region.
payments , mobile payments, financial inclusion, local payment method, cross-border payments
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
US-based e-wallet Transi has partnered with fintech provider Velmie to launch a remittance app that facilitates transactions between the US and the Dominican Republic.
mobile payments, money transfer, remittance, financial inclusion, fintech
US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.
remittance, mobile payments, digital wallet, FX , money transfer
Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.
cross-border payments, stablecoin, transactions , funding
Germany-based online bank N26 has launched its stocks and ETF trading product in Germany, with 4% interest on savings for Metal customers.
trading platform, product launch, cryptocurrency, investment, digital banking
US-based trading app Robinhood has announced its new Gold Card, a credit card that features a minimum of 3% cashback on all purchases.
credit card, cashback, product launch, trading platform, financial services
Global financial technology company MoneyGram International has entered into a strategic partnership with financial technology app barraq.
cross-border payments, partnership, fintech, financial services
Kim Kacal, Payments lead for North America at Accenture, and Tim O'Donnell, Payments managing director at Accenture, explore the roadblocks keeping some banks from embracing FedNow, the Federal Reserve’s new instant payment service.
FedNow, banks, ISO 20022, B2B payments, ACH, real-time payments, artificial intelligence, fraud detection
UK-based fintech Paysend has chosen Currencycloud to boost its FX and treasury capabilities, becoming a key partner for cross-border money movement.
remittance, money transfer, FX , expansion, digital wallet