Digital platform Crowded deploys Visa Direct for international money transfers
The capability enables the platform’s users to transfer funds to any eligible Visa account globally.
News, intelligence and resources on the global fintech industry including Business-to-Business/B2B.
The capability enables the platform’s users to transfer funds to any eligible Visa account globally.
The latest funding brings the total amount raised by SumUp since its inception in 2012 to over €3.2 billion.
The deal has a total potential consideration of up to $27 million based on certain conditions.
The business spend management firm intends to expand its credit offering further across Europe.
The fintech can now to accept funds, issue pre-paid debit cards and facilitate money transfers in Spain.
The appointment marks the third time Bergqvist has performed the duties of group CFO.
Blend will use the cash to repay “all amounts payable” under its existing credit agreement.
Learn how to harness digital-first, on-demand banking to increase bottom lines.
LSEG is to continue using the solution as a client of Delta Capita.
Solid will reportedly buy back FTV’s stake in the start-up in full, according to Fintech Business Weekly.
Partially financed by Stifel Venture Banking, the deal marks Paystand’s second acquisition in two years.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Arya.ai offers a cloud-based PaaS that enables enterprises to develop their own AI solutions.
The new offering will also include deposit accounts and automation tools for bill payments.
The Paris-based start-up has been in stealth mode since 2022.
Di Zanni’s appointment comes as DT One readies for its “next phase of innovation and growth”.
Tilia is to rebrand as Thunes and maintain operations from San Francisco.
The UK-based fintech has enlisted Interpath Advisory to assist in the internal restructuring.
The former Bank of America exec is to lead Nium’s strategy in the newly-created role.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The Berlin-based fintech now seeks to expand its cards-as-a-service product to markets beyond the EU.
The San Francisco-based bank will utilise the fintech’s TradeSun Intelligence V4 solution.
The fintech plans to launch a credit-builder card, loans and an AI-powered financial advice coach this year.
The round adds to the $300m Ramp raised in its Series D round in August 2023 at a valuation of $5.8bn.
Following the recent fundraise, Flatpay’s valuation has now surpassed €100 million.
The fintech claims it provides “a much-needed alternative to banks for European SMBs looking for financing support”.
As part of the deal, Algbra has also partnered with SC Venture’s climate-focused savings platform, Shoal.
The company had previously announced the tender offer to provide employee liquidity in February.
The platform is set to strengthen the building society’s talent acquisition efforts.
Vickers succeeds the firm’s co-founder Vincent Choi, who will join Pomelo’s strategic advisory board.
Spendesk claims it is the first solution in Europe to combine both spend management and procurement.
Mastercard’s three new units are Core Payments, Commercial and New Payment Flows, and Services.
We chat with Georgina Merhom of SOLO to find out how the start-up commoditises first-party data.
Linedata says the purchase will extend its reach to the “critical sectors” of asset management, insurance and credit.
Hokodo says the financing will enable it to facilitate over €1.5 billion in B2B transactions over the next two years.
Bunce brings more than 30 years of experience in forex and online securities trading to his new role.
The joint venture will offer payment acceptance and payment acquisition solutions for merchants in France.
CAB Payments Europe has been granted a PSP licence from De Nederlandsche Bank (DNB).
The London-based fintech says it is now gearing up for an EU-wide launch “later this year”.
The Swedish start-up says the financing will “immediately” be made available to fintech lenders through its platform.