Managers of Wealth Fintech

PayTabs and Fintech Galaxy Target Payment Initiation Services in New Partnership

This partnership combines PayTabs payment orchestration infrastructure with Fintech Galaxy and its open banking capabilities to deliver solutions for SME’s and enterprises.

Fintex Capital expands mezzanine funding to ThinCats

“Having started our funding partnership in the midst of the Covid-19 pandemic, it is nice to see its commitment grow,” Ravi Anand, managing director of ThinCats, said.

Moneyhub first to add Co-op Bank, Smile Bank and Kroo Bank open banking connections

The Co-op Bank is the UK’s first ethical bank providing a range of banking products and services

Synchrony to acquire Ally Financial's point-of-sale financing business

Dutch BNPL Billink raises €29.5m to take on Klarna

The fintech will use the funding to expand to Germany and increase its offering to the top-50 largest Benelux web shops

Mangopay & Storfund: Enabling Immediate Payment for Sellers

Mangopay, the modular, flexible payment infrastructure provider for marketplaces and other platforms, is on a mission to change that.

Digital Onboarding raises $58m

Financial institutions have a significant opportunity to make enrolling in and setting up deposit, payment, and other services simple and seamless.

Accept Cards becomes employee owned

In a transaction understood to be the first of its kind in the UK payments sector, the EOT will see the 14 employees take ownership of the firm.

Fortis unveils POS & CRM solution for UAE merchants and their customers

Entrepreneurs can now expand their reach and sales through web stores or WhatsApp, providing a seamless shopping experience for customers.

Volante Technologies: Faster Payments Priority for US banks

These institutions had assets ranging from US$1 billion to US$50bn.

Apple offers to open up NFC payments access to settle EU antitrust probe

Apple is seeking to resolve the antitrust case brought in 2022 and avoid a fine that could run into the billions of dollars.

Wise lifts 2024 guidance as customer growth accelerates

Active customers rose 30 per cent in the last year to over 7.5 million

Latin American payments startup Pomelo raises $40m

After multiplying its payment volume sevenfold in 2023, Pomelo says it will use the new funding to double the size of its business over the next year.

Paymob secures Central Bank of Oman’s PSP license

With the PSP license in Oman, Paymob further delivers on its mission of enabling MENAP SMEs to thrive in the digital economy via access to a variety of innovative digital payment solutions.

Allied Banking Corporation migrates core banking operations to the cloud with Finastra

Allied Banking Corporation has also gone live with Finastra’s Retail Analytics solution to transform its reporting capabilities.

Iress powers Leeds Building Society’s Direct to Consumer Digital Mortgages

Customers simply need to fill in an online application and then, by leveraging MSO’s industry connectivity

Mastercard Unveils Small Business AI to Offer Unbiased Advice to ‘Diverse Entrepreneurial Needs’

Mastercard explained that modern businesses must adapt, enhance their skills and keep pace with rapidly changing consumer demand.

Adaptive and ADSS launch cloud-based retail broking platform

Adaptive’s role extends beyond the development phase, providing strategic advice, platform and user experience design

Chimoney partners with Corpay to transform global payouts

This partnership allows Chimoney’s customers to access and utilize Corpay’s cutting-edge solutions

NatWest debuts Intellectual Property-based lending for high growth businesses

This has led to a large growth funding gap for fast-growing, asset light businesses which is estimated to be as much as £15 billion annually1.

Retail Banking