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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

Philippines SEC requests removal of the Binance app from app stores

News | Cryptocurrencies | 24 Apr 2024

The Philippines SEC has issued directives to both Google and Apple, instructing them to remove the Binance application from their respective app stores.

regulation, compliance, cryptocurrency, online security

Revolut to become a bank in Mexico

News | Online & Mobile Banking | 10 Apr 2024

UK-based fintech unicorn Revolut has gained approval from Mexico's National Banking and Securities Commission (CNBV) to establish itself as a bank in Mexico.

banking, super app, expansion, financial services

Linedata announces the acquisition of DreamQuark

News | Online & Mobile Banking | 09 Apr 2024

Financial software provider Linedata has announced the acquisition of France-based AI-platform developer DreamQuark.

acquisition, startup, artificial intelligence, financial services

Telegram to offer ad purchases using Toncoin

News | Cryptocurrencies | 02 Apr 2024

Messaging app Telegram has enabled its users to buy advertisements using Toncoin (TON), with a revenue share programme that will reward channel owners.

cryptocurrency, product upgrade, blockchain, digital assets, IPO

Nuvei to be taken private by Advent International

News | Payments General | 02 Apr 2024

Nuvei Corporation has announced a definitive arrangement agreement to be taken private by Advent International via an all-cash transaction.

acquisition, payments , fintech, investment

Rakuten Group announces consolidation of fintech operations

News | Online & Mobile Banking | 01 Apr 2024

Rakuten Group has unveiled its plans to consolidate its fintech operations into a unified group in a bid to expand its customer base across various sectors.

fintech, merger, expansion, banking

Banco do Brasil partners with Giesecke+Devrient

News | Payments General | 12 Mar 2024

Banco do Brasil has partnered with Germany-based Giesecke+Devrient in a bid to make offline payments with digital money a reality in Brazil.

partnership, payments , online security, financial inclusion

Peloton Technologies launches a new feature for SMEs

News | Payments General | 11 Mar 2024

Canada-based cloud-based platform Peloton Technologies has launched PCI compliant payment links for businesses.

product launch, fintech, SMEs, cloud services

Nium secures Type 1 FTSP licence from JFSA

News | Online Payments | 29 Feb 2024

Real-time global payments provider Nium has announced that it secured a Type 1 Funds Transfer Service Provider (FTSP) licence from the Japanese Financial Services Agency (JFSA). 

local payment method, cross-border payments, money transfer, banks, regulation

FIS acquires Torstone Technology

News | Payments General | 29 Feb 2024

FIS has announced the acquisition of the SaaS post-trade platform Torstone Technology in order to improve capital markets tech capabilities and offerings. 

acquisition, SaaS, financial services, financial institutions, mobile payments, online payments, digital payments

CRB Group unveils Investment Banking strategy

News | Online & Mobile Banking | 29 Feb 2024

CRB Group, the parent company of Cross River Bank and CRB Securities, has announced the launch of an Investment Banking strategy.

investment, merger, fintech, digital payments

Linedata partners with cybersecurity firm Conduit Security

News | Digital Identity, Security & Online Fraud | 26 Feb 2024

Linedata, a global asset management and credit technology provider, has announced a partnership with Conduit Security, a cybersecurity technology firm from the US.

cybercrime, online security, fraud management, partnership

Binance facing bans in The Philippines and Nigeria

News | Cryptocurrencies | 22 Feb 2024

Following struggles to comply with local regulations, Binance is facing bans in The Philippines. Nigeria is also on the offensive against Binance and similar crypto firms.

cryptocurrency, cryptocurrency exchange, digital assets, regulation, compliance

Revolut introduces investing solution in the EEA

News | Online & Mobile Banking | 22 Feb 2024

UK-based fintech company Revolut has announced the launch of its Robo-Advisor solution in the European Economic Area (EEA) aiming to automate investing. 

investment, product launch, trade finance, banking, digital banking

Coinbase Commerce ceases support for Bitcoin & UTXO coins

News | Cryptocurrencies | 20 Feb 2024

Coinbase Commerce has announced its decision to discontinue support for Bitcoin and similar UTXO coins.

Bitcoin, blockchain, crypto asset, cryptocurrency exchange, tokenization

Commerce Bank adopts Temenos' loan origination solution

News | Online & Mobile Banking | 20 Feb 2024

Switzerland banking platform Temenos has announced that US-based Commerce Bank has adopted its loan origination solution.

partnership, banks, financial services, lending

Crypto Finance obtains four licences in Germany

News | Cryptocurrencies | 13 Feb 2024

Switzerland-based Crypto Finance has obtained four licences from the German Federal Financial Supervisory Authority (BaFin).

cryptocurrency, expansion, regulation, digital assets

RF Group selects ERI's core banking platform

News | Online & Mobile Banking | 12 Feb 2024

Bahamas-based wealth management company RF Group has chosen ERI’s OLYMPIC Banking System as their new core banking platform.

banking, digitalisation, partnership, wealth management

BitGo acquires Brassica

News | Cryptocurrencies | 12 Feb 2024

US-based crypto custodian BitGo has announced the acquisition of Brassica, a provider of investment infrastructure for private securities and alternative investments. 

acquisition, digital assets, investment, crypto asset, financial services