Managers of Wealth Fintech

Nubank reaches 100 million customers across Latin America

The fintech phenomenon is spreading its influence throughout the continent, particularly in Brazil, where it has established its main business.

Fintech unicorn Zeta launches UPI-linked credit-as-a-service for banks

Zeta, founded by serial entrepreneur Bhavin Turakhia and Ramki Gaddipati, estimates the transaction volume on this scheme to exceed $1 trillion by 2030, and aims to capture about half of this market.

NAB partners UK fintech Banked to boost merchant adoption of A2A payment solutions

The first group of NAB business clients to adopt the functionality are to go live with A2A payments “in the first half of 2024”.

Brazillian digital bank Nubank surpasses 100 million customers

The achievement comes on the heels of record 2023 financial results, with over US$1 billion in net profit and over US$8 billion in revenues.

PayNearMe and Trustly team to enhance open banking technology

Trustly is proud to partner with PayNearMe

Emirates NBD strikes payments deal with Nium

The partnership, subject to regulatory approvals, seeks to elevate the remittance experience with seamless, instantaneous cross-border transfers between the UAE and countries worldwide.

Amazon launches in South Africa

For products that are fulfilled by Amazon, customers will get free delivery on their first order, followed by free delivery for subsequent orders above R500.

Key fintech sustainability trends to watch in 2024

The significance of fintech sustainability in 2024 cannot be overstated, evolving not merely as a trend but as a fundamental shift within the financial services sector.

Icon moves to support domestic instant payments in Switzerland

SIC5 is the latest generation of the Swiss Interbank Clearing System (SIC) from the Swiss National Bank

TransferGo partners with Tink for international money transfers

Our mission is to create a fairer world for global citizens

Quicklly and Visa team on cross-border payments

Through its innovative Visa Direct solution, Visa is actively working to eliminate the friction associated with cross-border payments.

Airwallex to provide faster international payments for Bill

With access to fast cross-border payment options, SMBs can more efficiently manage their business.

Digital lending platform Blend Labs bags $150m funding from Haveli Investments

Blend says the majority of the investment – $145 million – will be put towards repaying “all amounts payable” under its existing credit agreement, with the remaining cash set to fund “general corporate purposes”.

Fiserv releases notifications tool for billers

Consumers increasingly demand relevant communications that help them manage their financial lives.

Libro Credit Union selects nCino

Libro is one of Ontario’s largest credit unions

Moneyhub: Building Societies Will ‘Definitely Fail’ to Meet Customer Expectations Without Evolving

Moneyhub revealed that as much as 47 per cent of building society customers reported difficulties engaging with their services, with digital experience a frequent pain point for many.

HSBC and PayPal tackle quantum-safe cryptography in payments

The technology could be used to break today’s encryption standards, such as RSA, leaving data that is currently safe, vulnerable.

Digital bank Monzo expands fundraising to £500m in deal with top tech investor

The larger-than-expected round makes it one of the largest ever achieved by a British tech company.

Barclays Eagle Labs launches Ecosystem Partnership Programme

These initiatives are poised to play a pivotal role in supporting startups and scaleups, which are integral to driving local economies forward.”

CMA, ISDB and LSEG publish guidance on green, social and sustainable sukuk

The guidance is the result of a collaboration between ICMA, IsDB and LSEG, who convened at COP28 in December 2023.

Retail Banking