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Snowdrop Solutions has partnered with PwC Middle East to bring its Transaction Enrichment API to banks and payment providers in the Middle East.
artificial intelligence, API, data aggregation, data analytics, digital banking
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
Hidir Yildiz, Mergers and Acquisitions Manager at Finance Incorporated Limited (FIL), sheds light on the company's forward-thinking approach to expansion.
mobile payments, EMI licence, ecommerce, cross-border payments, fintech
Bulgaria-based CatalystPay has announced its strategic partnership with Paynetics in a bid to improve its comprehensive payment solutions network.
partnership, embedded finance, mobile payments, online payments, cross-border payments
Qatar Islamic Bank (QIB) has rolled out the Himyan debit card, a national initiative by the Qatar Central Bank (QCB) to foster a cashless society and facilitate transactions.
debit card, digital payments, contactless payments, product launch, financial inclusion
IFC has announced its partnership with DBS in order to launch a USD 500 million facility and promote trade flows in global emerging markets.
partnership, product launch, crypto, trade finance, financial services, financial institutions
Sri Lanka-based Commercial Bank of Ceylon, ComBank, has recently announced a new partnership with the International Finance Corporation (IFC), to develop a supply chain financing (SCF) strategy that will help the bank to lend more to local SMEs.
lending, SMEs, SME lending, partnership, banks, financial services, financial institutions, financial inclusion, cross-border logistics, supply chain finance, funding
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
France-based digital payments firm Worldline has announced that Turkey’s Central Bank (TCMB) approved its collaboration with fintech company Lidio.
partnership, payments , ecommerce, B2B payments, payment processor
PayPoint has announced its inclusion as a supplier on the Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework.
payments , Open Banking, fintech, expansion
AccessPay, a bank integration provider, has concluded its latest funding round, securing USD 24 million in a combination of equity and debt.
funding, investment, banks, fraud prevention, digital banking
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
Float has secured USD 11 million in funding round from Standard Bank, aimed at the acceleration of its development strategy and the rollout of its platform.
partnership, funding, investment, payments , online payments, mobile payments, digital payments, ecommerce, financial inclusion
UK-based Lloyds Bank has entered a partnership with British payments company PayPoint Group to become its main card acquiring partner.
partnership, credit card, debit card, banking, financial services
Kenya-based telecommunications company Safaricom has augmented its M-PESA platform, through a partnership with Onafriq, to offer remittances to Ethiopia.
remittance, money transfer, mobile payments, expansion, growth markets
Global technology company Wise has obtained a Type 1 licence in Japan to support higher transaction limits.
transactions , fintech, financial services, product upgrade
We had the chance to talk to Ani Sane, Co-Founder and Chief Business Officer of TerraPay, who shared insights into the most pressing challenges and the future of B2B payments.
cross-border payments, ecommerce, B2B payments, marketplace, digital wallet, fintech, banks, FX
Griffin has announced the rise of USD 24 million in funding round, as well as its launch as a fully operational bank in the region of the United Kingdom.
funding, investment, banking, banking license, online banking, mobile banking, digital banking, green finance, carbon footprint
Germany-based railway company Deutsche Bahn has announced its partnership with Tink in order to offer customers optimised direct debit setups.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
Portugal-based Ubirider has secured a USD 1.95 million Seed round to fuel the development and expansion of its End-to-End Mobility-as-a-Service platform.
funding, investment, SaaS, fintech, payments