Credit card financial inclusion fintech Mercury hires Jason Whiting as CFO
Whiting will join Mercury Financial from Barclays where he served as head of strategy for the Americas.
Whiting will join Mercury Financial from Barclays where he served as head of strategy for the Americas.
From February 2023, current CEO Alfred Kelly will become executive chairman of the board.
On its website, Nirvana Money says all accounts will be closed on 1 December 2022.
Mendel will use the new funds to boost the growth of its corporate expense management platform.
The firm has made the decision “due to the uncertainty of the macroeconomic environment”.
The card is available to US residents and will be rolled out to customers in additional countries starting in 2023.
The firm says the acquisition will boost its ability “to create personable gift card products that consumers seek”.
The firm boasts “high double-digit growth” year-on-year and is projecting revenue growth of around 40% for 2022.
The start-up is aiming to expand its loyalty programme and credit card offering for US renters.
The firm says the funding will be used to support its international expansion.
Cellulant’s customers can now pay online wherever Mastercard is accepted via the Tingg wallet.
The bank says Vaia will cut the time needed for businesses to connect with any available payment rails.
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.
The facility will be used to build out a central finance hub for small business owners in the UK and US.
The debit card, launching soon, aims to reward sustainable businesses.
Dan Henry has been terminated as CEO and president of the company and resigned from the board as of 14 October.
The savings account will allow Apple Card users to deposit their “Daily Cash” rewards automatically.
B4B Payments will showcase its instant card issuing and payments innovation platform at Money20/20 USA.
Brex is set to lay off 136 employees – approximately 11% of its total workforce.
At Sibos 2022, Brim Financial’s Meenaz Sunderji discusses the evolving retail and corporate card landscape.
The fundraise was a mix of $154 million in equity and $150 million in structured capital.
The new funding brings the total capital raised by Step to $500 million in equity and debt.
With the fresh funding, Mercantile plans to further its product development, build partnerships and expand its teams.
We chat with Sara Castellano of JP Morgan Payments about digital payments trends in the EMEA region.
“If you’re going to be in the metaverse, it starts with a purpose,” Accenture’s Michael Abbott explains.
The Uber Pro Card will help its drivers save on fuel, fees and other associated expenses.
The round was led by Sway Ventures with participation from Menora Mivtachim, an Israeli insurance firm.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Founded this year and based in Miami, Florida, Dexy is currently waitlisting applicants.
The app offers overseas bill payment functionality and an integrated current account.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Stash partnered with Stride Bank, Mastercard, Marqeta, Mambu and Alloy, among others, to develop Stash Core.
The CFPB will set out guidance to hem BNPL firms much closer to credit cards in terms of regulation.
Businesses are foggier on the cost of their credit card payments than any other payment type.
For the African fintech revolution to reach its true potential, interoperability needs to be completely borderless.
The start-up has raised $300 million in a credit facility and $16.1 million in seed funding.
Freiberg was co-chairman and CEO of Citigroup’s global consumer group for three decades.
The money raised by Cledara will go towards the US expansion.
Credit Karma says it disagrees with the FTC’s allegations but that it has reached an agreement.