TrueNorth and Brim to Deliver Credit Card as a Service Platform to Fintechs by Omar Faridi

UK’s PensionBee Announces Proposed US Business Expansion

PensionBee Group plc, an online pension provider, recently announced it has entered into an exclusive, non-binding term sheet “with a large, US-based global financial institution in order to expand into the United States of America.” The US has the world’s largest Defined Contribution pension market,… Read More

Chancellor of the Exchequer Jeremy Hunt to Reveal Spring Budget, Fintechs Share Opinions

Tomorrow (March 6, 2024), the Chancellor of the Exchequer Jeremy Hunt will reveal the Spring Budget. Will there be tax cuts? Will ISAs be expanded?  Will the inheritance tax go away? We will know soon enough. As there is an election looming, you can expect… Read More

UK’s Digital Bank Monzo Secures $400 Million at $5 Billion Valuation

UK’s challenger bank Monzo has finalized a heavily-trailed $400 million investment round, which has increased the firm’s valuation to $5 billion. The funding round, an incentive for pushing the banking platform towards profitability, was reportedly led by Alphabet-owned Capital G, along with contributions from Google… Read More

TransUnion Partners with Samooha to Enable Privacy-First Identity Resolution and Audience Segmentation

TransUnion (NYSE: TRU) announced a partnership between its marketing solutions line, TruAudience, and Samooha, by Snowflake, a native data clean room solution on Snowflake. The partnership paves the way “for a privacy and data-driven future in the advertising industry.” This also represents a significant step… Read More

Fintech Firm PayQuicker Partners with MONAT Global

PayQuicker, a Fintech firm focused on the global payouts market, today announced its partnership with MONAT Global, a direct-selling company known for its haircare, skincare, and wellness products. MONAT will leverage PayQuicker’s unique offerings “to streamline commission-based payments to their Market Partners across the globe… Read More

STICPAY, a Digital Wallet Service Provider, Announces Partnerships with Asian Local Payment Providers

STICPAY, a global e-wallet service provider and payment gateway, announces new partnerships with more than 20 Asian local payment providers in a move that makes global payments for Asia’s developing market communities more accessible, integrated, and cost-effective. Across China, India, Hong Kong, the Philippines, Singapore,… Read More

FinQuery Launches Contract Management Solution

FinQuery, a provider of solutions built to manage companies’ largest areas of spend, has launched FinQuery Contract Management, an AI-enabled solution that centralizes business contracts, enhances visibility and empowers wiser spending decisions. FinQuery said Contract Management fills an important gap. Until now, contract management solutions… Read More

American Fintech Council’s Goldfeder Speaks Out on Maryland and Minnesota Proposals, Reintroduction of Financial Services Innovation Act

The American Fintech Council (AFC) last week spoke about proposed legislation in Maryland and Minnesota, while CEO Phil Goldfeder also commented on the reintroduction of the Financial Services Innovation Act. The week began with the AFC supporting the Maryland Commercial Financing – Small Business Truth… Read More

Fiserv Is Reportedly Looking to Acquire Shift4 Payments

Fiserv (NYSE: FI) is reportedly battling it out with Amadeus IT Group in order to acquire payments processor Shift4 Payments. This, according to an update from Reuters. Publicly-listed Shift4, which claims a market valuation of about $7 billion, has been running a sales process during… Read More

Oliver Wyman Announces Completion of Innopay Acquisition

Oliver Wyman, a global firm focused on management consulting, and a business of Marsh McLennan (NYSE:MMC) announced the completion of its acquisition of Innopay. Innopay complements Oliver Wyman’s existing payments consulting capabilities. Innopay delivers strategy, scheme development, and execution “in the domain of digital payments,… Read More