Transfergo raises $10m, expands into 11 new markets
Remittance firm claims uptake in growth during COVID-19 pandemic.
Remittance firm claims uptake in growth during COVID-19 pandemic.
Omni operates across Chile and Colombia.
Portuguese lender picks a handful of Finastra systems.
If you want something done in a bank you don’t need friends in high places. You need friends in low places.
What does the future of reconciliation look like?
Business model, agile organisation, ubiquitous automation, technology modernisation, and culture and workforce transformation.
Eight currencies from the Middle East and Central and Eastern Europe (CEE) have been added.
It also signalled its intention to move more of its workforce to Texas.
The fintech will allow the bank to serve more clients in and outside of Europe.
The bank launched just nine months ago.
The app and smart card launched more than two weeks ago.
The firm says it will fund, mentor and use the fintechs’ products.
Verse will join forces with Square’s Cash App.
The acquisition is IBM’s first since its $34bn buyout of Red Hat in 2018.
COVID-19 has already led to a shift in mindset for many businesses.
Co-founder & CEO of Plum offers his insights on how COVID-19 affects savings.
The $1.1bn credit union completed two-year migration.
The challenger is gearing up for a launch later this year.
The bank has raised $27m since being founded in 2018.
It has raised an undisclosed funding round to help build out its product.
The fintech to provide receipts management in Chase’s banking app.
The regulators will build a “referral mechanism” between their fintech sandboxes.
RateSetter would be bought up at “a knockdown valuation”.
The combined system made its first transaction on 10 June.
Forward Partners, MMC and Alliance Ventures participated in the round.
The Securities and Exchange Commission of Pakistan received 32 applications.
The new global private bank will likely hold roughly €250 billion.
The value of the round has not been disclosed.
The raise was initially interrupted by COVID-19.
Data sharing enables banks to more effectively serve customers across the lifecycle.
I would actually like to see governments take a more holistic look at how they’re fighting COVID-19.
FinTech Futures’ weekly news round-up.
Stripe will directly compete with UK home market player GoCardless.
The round was led by Fintop Capital and Next Frontier Capital.
Financial data fintech plans US expansion.
Offerings range to terms of up to 48 months.
The fintech says it will allow merchants to pay a lower transaction processing cost.
The UK company is expanding to Australia, South Africa and the US.
Corelation gains a pair of go-lives in Hawaii and Pennsylvania.
More than $30m was stolen by fraudsters in India last year.