FinTech Futures: Top five news stories of the week – 29 March 2024
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Have smartphones completely replaced the need for physical bank cards?
Kuruvilla served as Bolt’s CEO for over two years following founder Ryan Breslow’s transition to chairman.
The settlement will see credit interchange rates lowered and capped for the next five years.
Uzum says it will look to raise an additional $200 million in a Series B funding round later this year.
GSS says the new funding coincides with its “transition from the development phase to the operational phase”.
The Cologne-based fintech start-up plans to use the funding to expand into new European markets.
The funding round consists of $25 million in equity capital and $67 million in committed debt capital.
Cashee will provide a free banking app and a prepaid Visa card, issued by Arab National Bank (ANB).
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
The round consists of $50 million in debt financing and $36 million in equity.
Volopa is currently applying for a UK EMI licence, which it expects to be granted this year.
The latest funding will help drive the Manchester-based firm’s expansion into the US.
Equals Group has confirmed it received an “indicative non-binding proposal” about a potential deal.
Winners of this year’s awards will be announced at a gala dinner ceremony in New York on 30 May.
The firms plan for the new security measure to be ready by the beginning of 2025.
Concepts concerning the safety and efficiency of payments proved central to the conference’s agenda.
ChitChat enables users to make immediate USD payment transfers directly within chat conversations.
The Indus PayWear app will enable the bank’s customers to tokenise their cards for use with wearables.
Three industry professionals discuss which fintech trends the industry should be keeping an eye on.
KYP will provide Integrated Finance with onboarding, screening and transaction monitoring tech.
The Canadian paytech says “no decision has been made at this time” regarding a potential deal.
Sal Rehmetullah and Suneera Madhani will act as co-CEOs of the start-up, which is set to launch this month.
Fatokun currently chairs the Board Audit and Governance Committee of United Capital.
Sharetec’s Velocity solution will be deployed to replace the credit union’s existing in-house core system.
EML has owned Nuapay since 2021, when it purchased the company in a €110 million deal.
The EMI will initially leverage its partner’s core banking engine to launch virtual IBAN-linked accounts.
Supermarkets across the globe continue to embrace fintech partnerships to power their financial services.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
With the deal, Anna Money says it plans to introduce a “smart business current account and debit card”.
The solution will replace SBI’s current CMP platform and will be implemented over the next 12 months.
Explore expert strategies to secure banking apps and get a detailed checklist for bolstering security measures.
Smart Subscriptions enables consumers to cancel, pause and resume their subscription-based payments.
PPRO says it will use the funding to “pursue growth in key markets” and expand its payment solutions.
Nationwide currently operates a 1,200-strong ATM network across the UK.
Tanzania marks the third African country to licence the fintech, following Nigeria and Kenya.
Finastra’s tech will enable the bank to deliver instant payment services including FedNow and RTP.
Amadeus says its new purchase will “complement” its existing payments business Outpayce.