TransferWise secures licence to begin offering investment products, but don’t expect it to become...
UK-based international money transfer FinTech TransferWise has announced that it may start to offer investment products in the future after picking up a new licence.
WEX closes $400m investment from private equity firm Warburg Pincus
WEX, which builds simplified payment systems for businesses, has closed a $400m investment from private equity firm Warburg Pincus.
Holvi is back up and running after being forced to shut down its services...
Holvi customers can now use their cards again after the Finnish digital banking service for freelancers suspended its services on the back of the Wirecard scandal.
Challenger bank Knab taps facial biometrics company iProov for its customer authentication services
Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.
Axiata Digital receives $70m in funding to support the expansion of its digital financial...
Axiata Digital, the digital service division of telecommunications conglomerate Axiata Group, has received $70m in funding to support the growth of its digital financial services.
Zimbabwe bans mobile payments over accusations of “economic sabotage”
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
Bud launches open banking API
UK-based FinTech Bud has launched an open banking and PSD2-compliant solution to provide an alternative to card payments and bank transfers.
Pockit accounts are back in service after FCA lifts Wirecard restrictions
Neobank Pockit was one of the FinTech startups that had to halt its services after the Financial Conduct Authority (FCA) froze all of Wirecard's regulated activities, but now it is back in business.
FCA allows Wirecard to resume operational activities
Last week the UK's top financial markets watchdog ordered Wirecard to freeze all of its regulated activities in the country. Now it has lifted the ban.
Curve is up and running after moving “Heaven and Earth” to migrate its services...
On Late Monday afternoon Curve announced that some of its services were back after having shut them down because of their affiliation with Wirecard.
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