JP Morgan Chase-owned WePay reportedly offboards a number of business clients
JP Morgan Chase bought WePay back in 2017 in a $400 million deal in a push to compete with Stripe.
JP Morgan Chase bought WePay back in 2017 in a $400 million deal in a push to compete with Stripe.
Our weekly fintech round-up for you to get the latest funding news from across Europe.
Unger brings more than two decades of financial services and fintech experience to his new role.
The social media platform has obtained a money transmitter licence in 14 US states so far.
The start-up seeks to provide property investors with interest-free down payments on their next home purchase.
Bladon will also serve as vice president of global entity management for the payments giant.
Using PayMate’s tech, NBO plans to digitise, streamline and automate its B2B payment processes.
Thunes’ current CEO Peter De Caluwe has been promoted to deputy chairman.
The potential acquisition would value the Dutch payments firm at $200 million, Reuters reports.
The two institutions have gone live with the vendor’s Temenos Transact core banking solution.
According to IMF figures, only 26% of the active population in the DRC have a bank account.
“Industry veteran” Anup Neogi has also been appointed as the new managing director and CEO of the acquired business.
B2B payments have been neglected, cross-border B2B payments more so. It is time they caught up.
The company’s initial plans for a $255m IPO in 2021 were scrapped due to weakening market conditions.
Pai joins PhonePe from TerraPay, where he served as president of product and solutions for three years.
The ECB is issuing five contracts to vendors worth a total of €1.1 billion, with work due to begin in early 2025.
Financial terms of both the acquisitions were not disclosed.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week, featuring HSBC, Monese, Circle and more.
Form3 hopes to leverage Arora’s “significant experience” in founding and scaling up fintech companies.
The round, led by Autotech Ventures, takes Bumper’s total funding to date to $64 million.
Circle has appointed Coralie Billmann as head of French operations, subject to regulatory approval.
Sony Bank will roll over a certain portion of its equity and continue to remain a minority investor in SPSV.
New York-based OpenTransact is a self-serve banking platform built to support high-risk businesses.
Monese says its services could be “adversely and potentially severely affected” if new funding isn’t found.
JP Morgan acquired a 48.5% stake in Viva Wallet in December 2022 for $800 million.
Zing is a multi-currency app and debit card that UK residents will be able to use in more than 200 countries.
Here are five of the top fintech start-up stories from 2023.
Capping off 2023, we take a look back at five of the top fundraising rounds of this year.
FinTech Futures takes a look back at some of the year’s top developments and stories in payments.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Tabby has also extended its Series D funding round by $50 million to a total of $250 million.
Paysera Bank has commenced operations in Georgia, opening its inaugural branch in Tbilisi.
Moore forms the third addition to the PSR’s executive team this year.
The deal, for an undisclosed sum, is expected to close in the second half of 2024.
Tamara says the Series C is “among the largest investments in a fintech company in the region”.
The central bank will leverage the partnership to launch a real-time payments ecosystem in 2025.
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
The round was led by Tribe Capital, with participation from Cervin Ventures and Tru Arrow, among others.