Tagged: financial services

November 27, 2023 @ 11:47 am By Omar Faridi  |  

Payhawk introduces a 3-way match Purchase Orders system, “enabling businesses to automate their procure-to-pay process to further increase the efficiency and control in business purchases.” Payhawk, the global spend management platform, reveals that it has launched its new Purchase Orders system. The solution streamlines procurement… Read More

November 27, 2023 @ 9:16 am By Omar Faridi  |  

Moonfare has appointed Marc Lamik as its Chief Product and Technology Officer, which is a newly-created executive committee position “reporting to Co-CEO Lorenz Jüngling.” Lamik, who is based in Lisbon, “joined Moonfare in July 2022 as VP of Product and Data.” In his new role… Read More

November 27, 2023 @ 7:36 am By Omar Faridi  |  

Volt, the global real-time payments platform, announces its expansion into Australia following a period of sustained growth for the UK-headquartered fintech company. Following Volt’s $60m funding round earlier this year, this development “marks the latest step in its ambitious growth plans to meet market demand… Read More

November 27, 2023 @ 5:22 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has launched Capital, a product that enables businesses on Adyen for Platforms offer timely access “to funding for their small and medium-sized business (SMB) users in Australia.” Research conducted in partnership with Boston… Read More

November 26, 2023 @ 11:48 pm By Omar Faridi  |  

Kingston University is collaborating with UK neobank Science Card in order “to drive major breakthrough in cervical cancer treatment.” Science Card claims that it is creating “a unique science funding infrastructure by collaborating with UK universities to enable users of its socially-conscious e-money current account… Read More

November 26, 2023 @ 9:56 pm By Omar Faridi  |  

Credifiel reports that the company increased its revenue by 24% in the nine month period ending September 2023 “compared to the same period last year, reaching €32.7 million1, a net profit of €5.7 million.” The company further shares that its loan portfolio “increased by 74%… Read More

November 26, 2023 @ 9:50 pm By Omar Faridi  |  

Citi (NYSE: C) announced it has successfully completed the sale and full migration of its Indonesia consumer businesses to UOB Indonesia (UOBI). The sale includes retail banking, credit card, and unsecured lending businesses, “as well as the transfer of employees.” Citi and UOB first announced… Read More

November 26, 2023 @ 7:37 pm By Omar Faridi  |  

Lloyds Banking Group, a UK based financial services group, has released the first Housing Stocktake 2023 report sharing insights on “the stalling efforts to decarbonize the UK’s housing stock.” In the UK, homes are one of the highest emitting sectors, “with the 28 million residential… Read More

November 26, 2023 @ 12:45 pm By Omar Faridi  |  

Mangopay, a platform-specific payment infrastructure provider, today announces that it has been selected by Maisons du Monde, a home decor and furniture retailer, to offer seamless payment experiences to its marketplace customers. The integration of Mangopay’s modular payment infrastructure “marks a significant step forward in… Read More

November 26, 2023 @ 12:40 pm By Omar Faridi  |  

Australia and New Zealand’s non-bank business lender ScotPac, and global financial services firm Ebury have announced a new partnership aimed “at making trading on a global scale faster and more accessible for all businesses.” The collaboration will provide clients of both businesses “with ready access… Read More

November 26, 2023 @ 10:23 am By Omar Faridi  |  

HMRC recently announced the latest Inheritance Tax (IHT) receipts. (HMRC tax receipts and National Insurance contributions for the UK (monthly bulletin) – GOV.UK.) For April 2023 to October 2023 these “are £4.6 billion, which is £0.5 billion higher than the same period last year.” This… Read More

November 26, 2023 @ 10:15 am By Omar Faridi  |  

Digitt+, an agri-fintech company, has been granted with a full commercial approval by the State Bank of Pakistan. This recent achievement marks “the culmination of an exciting journey that began with pilot approval, during which they onboarded 10,000 customers, facilitated transactions of worth PKR 400… Read More

November 26, 2023 @ 10:14 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) in order “to commence domestic bankcard clearing activity in China.”… Read More

November 25, 2023 @ 2:15 pm By Omar Faridi  |  

Funding Circle (LSE: FCH), the UK’s SME lending platform, and Atom bank, the UK’s first app-based bank, announce a new lending partnership that “will provide up to c.£150m of funding to small businesses.” Atom bank is a “long-standing” and returning investor in the Funding Circle… Read More

November 25, 2023 @ 2:11 pm By Omar Faridi  |  

PonchoPay says it is on a mission to streamline payments in the childcare ecosystem. PonchoPay has raised 98% (£393,383) of its £400,012 target from 86 investors with 26 days left in the firm’s crowdfunding campaign, carried out via Seedrs. Based in London, United Kingdom, Ponchopay… Read More

November 25, 2023 @ 6:05 am By Omar Faridi  |  

Trafalgar, a Mexico-based financial services provider for SMEs (regulated SOFIPO), today announces its partnership with Thought Machine, the cloud-native banking technology company, to create Mexico’s first fintech deployed on next-generation core technology. Trafalgar will use Thought Machine’s core banking platform, Vault Core, and develop a… Read More

November 24, 2023 @ 3:01 pm By Omar Faridi  |  

Volante Technologies, the global firm enabling cloud payments modernization, have recently announced the general availability of the latest version of the Volante Experience. Following the initial launch of the Volante Experience, which focused on the onboarding experience, this latest release enhances Volante’s Payments as a… Read More

November 24, 2023 @ 9:47 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial platform of choice for leading companies, announced the successful integration of Adyen for Platforms for TabSquare, a Delivery Hero entity, to further enhance customer experience across all channels for Quick Service Restaurants (QSR) in Singapore. Adyen for Platforms is described… Read More

November 24, 2023 @ 8:18 am By Omar Faridi  |  

Bestinvest, the online investment and coaching service, has become the first investment platform to adopt fintech platform PrimaryBid’s innovative Fuse solution in order “to expand access to UK capital markets transactions for customers.” Through Fuse, Bestinvest customers will “have significantly greater awareness and access to… Read More

November 24, 2023 @ 7:12 am By Omar Faridi  |  

Form3 is to provide SEPA Instant, Credit Transfer and Direct Debit connectivity for Klarna’s 150m active customers across more than 500,000 merchants. Form3, the cloud-native account-to-account platform, is pleased to announce it will be providing Klarna, the AI-powered payments network and shopping assistant, with SEPA… Read More