11/10/2022
Amid the FTX bloodbath, ‘Paypal for crypto’ Ramp lands $70m Series B
The Series B fundraise was led by Mubadala Capital and Korelya Capital.
Retail Banking
11/10/2022
FCA threatens BNPL bosses with jail time and fines as Laybuy nears profitability
In a letter seen by AltFi, the City's financial watchdog cracked down on requirements for BNPLs to ensure “financial promotions” meet its regulations.
11/10/2022
Starling bolsters support for bereaved customers through partnership with Settld
Starling Bank hopes to remove some of the pains of “sadmin” for their customers by partnering with SaaS product Settld.
11/10/2022
Egyptian credit platform Blnk raises $32 million
The funds will support further development of Blnk’s Artificial Intelligence-powered lending infrastructure and the financing of the company’s fast-growing portfolio of customers.
11/10/2022
Wise offers free domestic transfers in UK
For customers in Brazil, Wise also announced a price drop when sending money abroad.
11/09/2022
Sacombank selects Temenos Infinity
The bank plans to introduce fully digital customer onboarding and origination as well as enhance the service experience for existing customers
11/09/2022
Lightyear and LHV partner for instant Euro payments
The investment app is partnering with LHV to bring a new range of banking services to its customers.
11/08/2022
Trip.com Partners Atome for BNPL Payments in APAC
The partnership is Trip.com’s first-ever regional partnership with a BNPL platform and is expected to expand to other markets in the Asia Pacific region in 2023.
11/07/2022
Revolut Poppy cards return after raising £100k last year
Revolut is partnering with the Royal British Legion to give users the option to donate directly donate to the charity through the app.
11/04/2022
Zilch hits 3m users in 24 months
In the last six months, the ‘buy now, pay later’ (BNPL) has increased its user base by half, doubled underlying sales and tripled revenue, it says.
11/04/2022
Digital payments surge 34% to $8.5bln in Bahrain
Contactless payments dominate POS transactions in the kingdom
11/04/2022
Paysera and Airwallex form partnership
With over one million app installs and growing, Paysera aims to push the boundaries and become an industry-leading super app that provides financial and lifestyle services across the globe.
11/04/2022
PayPal and Apple to accept each other's payment products
Meanwhile, Apple Pay will be added as an option in PayPal's unbranded checkout flows on merchant platforms.
11/03/2022
Exclusive: Iwoca sees B2B buy now, pay later growth near 250% for 2022
iwocaPay is seeing increasing usage, by increasing numbers of SMEs.
11/02/2022
Bluefin acquires Tecs Payment Systems
Together, Bluefin and TECS will serve 34,000 connected merchants and nearly 300 global partners in 55 countries.
11/02/2022
Peoples Bank chooses SimpleNexus for digital homebuying
By automating time-consuming processes like chasing down documents and giving borrowers modern alternatives to scanning and faxing, SimpleNexus eliminates many of the pain points in the lending process, much to the delight of our customers and loan office
11/02/2022
Standard Chartered launches Payouts-as-a-Service tech
With conditional payments and automation available via a single integration, firms will benefit from a significant reduction in payment administration overheads, says Standard Chartered.
11/02/2022
Mastercard to expand Farm Pass programme across Apac
The firm is on track to connect 30 million people globally, including 15 million in Asia Pacific, with its Community Pass services, of which Farm Pass is a part, over the next five years.
11/02/2022
JPMorgan plans digital rent payment platform pilot
As per the bank, nearly 78% of rental payments across the US are still made via cheques and money orders.
11/01/2022
Payer and AmEx partner to accept B2B payments across Nordics
Payer, the Swedish fintech, was born out of the idea of challenging the way businesses operate