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Fintoc, an alum of Y Combinator, has secured a USD 7 million Series A funding round to strengthen its presence in Chile and Mexico.
Open Banking, startup, financial inclusion, funding
Provider of loaner and car rental software TSD has announced a strategic partnership with universal API for insurance data Axle.
partnership, insurance, API, payments
US-based Emporia State Federal Credit Union has launched its updated online and mobile banking app powered by Bankjoy, a digital banking provider.
mobile banking, online banking, artificial intelligence, product launch, financial services
Switzerland-based fintech nsave has raised USD 4 million in a seed funding round co-led by Sequoia Capital and TQ Ventures.
fintech, funding, financial inclusion, banking
Juan Pablo Ortega, CEO and Co-Founder of Yuno, shares insights regarding growth markets and pointers about business expansion, talking about Yuno’s journey so far.
cross-border payments, ecommerce, growth markets, marketplace, digitalisation, BNPL, fintech, payment methods, merchants
Singapore-based commerce platform for SMEs HitPay has secure in-principle approval for an MPI licence from the Monetary Authority of Singapore.
MPI licence, expansion, payments , compliance
In the dynamic realm of payments, the shift to SaaS is transforming the strategies of banks and fintechs. Dmitry Yatskaer, CTO at OpenWay, underscores the significance of dedicated SaaS, making it a cornerstone for innovative business strategies worldwide.
SaaS, banks, fintech, payments , startup, digital payments, payment methods, compliance, credit card, BNPL
Nigeria-based fintech Cleva has announced that it raised USD 1.5 million in pre-seed funding, with the round being led by 1984 Ventures.
investment, funding, cross-border payments, online payments, bank account
Origence has announced its partnership with Tesla in order to provide affordable monthly payments and credit union financing to EV buyers across the US.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
Plinqit has partnered with Bankjoy, a digital banking provider across the US, to help financial institutions grow deposits and promote healthy saving habits.
banking, digital banking, mobile banking, partnership, banks
UK-based blockchain-based wholesale payments firm Fnality has raised USD 95 million in a funding round led by Goldman Sachs.
funding, investment, blockchain, payments
Nova Credit, a data analytics company enabling businesses to grow responsibly by harnessing alternative credit data, has raised USD 45 million in Series C funding.
credit card, credit access, funding, Open Finance, cash flow
US-based CoreChain has partnered with R3 to enable Embedded B2B Payments for banks and digital banking providers.
partnership, B2B payments, digital payments, financial institutions, DLT, embedded payments
Norway-based card manufacturer IDEX Biometrics has gained Mastercard approval for IDEX Pay biometric smart cards, fast-tracking production with efficient certification processes.
certification, credit card, debit card, biometrics, biometric authentication
Norway-based IDEX Biometrics has partnered with global card manufacturer KL HI-Tech to launch biometric payment cards in India.
partnership, biometrics, product launch, payments
Spain-based fintech Payflow has obtained EUR 20 million after signing an agreement with BBVA Spark in a bid to expand its financial super app.
fintech, super app, funding, product upgrade
Nigeria-based banking-as-a-service (BaaS) provider Anchor has raised USD 2.4 million in a seed funding round to expand its product offering.
funding, investment, BaaS, product upgrade
India-based instant grocery delivery startup Zepto has raised USD 200 million in a new funding round and became India’s first unicorn in 2023.
funding, startup, Unicorn, investment
Qatar Central Bank (QCB) has advised companies that intend to operate the Buy Now, Pay Later (BNPL) system to submit applications in order to receive the license from the bank.
BNPL, regulation, central bank, instalment payments
Piet Mallekoote and Suren Balraadjsing share their insights into how Open Finance solutions can learn from the experience of payment schemes, specifically by exploring the key concerns of BaaS and Embedded Finance partnerships.
embedded finance, BaaS, payments , Open Finance