PayTech Sokin joins Arsenal Football Club as money transfer partner
UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.
Late payments can create dangerous ‘domino effect’ across entire supply chain
A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.
Peter Thiel-backed B2B platform ShopUp inks $75m Series B
Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.
Fluency scores $1.3m in seed funding to grow CBDC blockchain platform
Blockchain start-up Fluency has reeled in $1.3m in seed funding from various unnamed European investors, giving the company a total valuation of $23.5m.
Aurelia collects $3m in its seed round
Aurelia, which helps automate financial management, has reportedly collected $3m in its seed round.
Argentina-based Veritran receives investment from Trivest
Veritran, a low-code software developer for banking, has secured an investment from Miami-based investor Trivest Growth Investment Fund II.
Nigerian central bank to launch new CBDC through Bitt collaboration
The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.
Whitepaper finds almost half of UK consumers have confusion about open banking
A whitepaper by payment service provider Ecommpay has found 48% of all UK consumers have some level of confusion regarding open banking and its uses.
Abu Dhabi Islamic Bank unveils Gen Z-targeted banking services
The Abu Dhabi Islamic Bank (ADIB) has introduced Amwali, a new digital banking proposition that will target youths between the ages of 8 to 18.
Zip continues global expansion with Payflex acquisition
Australian buy now, pay later (BNPL) firm Zip has continued its push for an expanded global presence with the purchase of South African BNPL Payflex.
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