PayTech

Payments unicorn PPRO extends recent funding round by $90m

Payments infrastructure company PPRO has extended its recent funding round by an additional $90m.

Apple reveals Apple Card Family which lets families share its credit card services

The Apple credit card got an update and now it can be shared and merged with family members, CEO Tim Cook revealed.

Sequoia leads $5m round for Egyptian digital bank Telda

Egyptian digital banking startup Telda raised $5m in a pre-seed funding round led by VC giant Sequoia Capital, marking the region's largest pre-seed funding round.

Enfuce teams with Visa to accelerate FinTech payment card issuing

Finnish FinTech Enfuce has entered a collaboration with Visa aimed at supporting European FinTechs in launching their own payment card within eight weeks.

Lydia teams with Cashbee to establish savings accounts offering

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.

Jared Leto and TikTok star Josh Richards back FinTech for social media influencers Karat...

Karat Financial, startup that offers credit cards specifically tailored to digital creators, raised $26m in a Series A round.

Mastercard, Verizon team to introduce 5G to payments market

Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.

Yoco secures South Africa’s largest single investment raised by a payments company

South African payments company Yoco has secured $83m in its Series C, which it claims to be the largest single investment raised by a small business-focused payments platform in the Middle East and Africa.

Business payment acceleration firm Branch nets $540m in Lee Fixel’s Addition-led round

Branch, which has built a flexible workforce payments platform, raised $48m in Series B funding and closed on a $500m credit facility.

UK contactless payment limit set to climb to £100 by October 2021

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

News Stories

Legal & General partners with Moneyhub for innovative pensions dashboard

Legal & General (L&G) has teamed up with Moneyhub, a leader in FinTech and Open Finance technology. This collaboration aims to enhance how individuals plan...
tax

Addressing the challenges of intermediary structures in tax operations

Managing intermediary structures within tax operations has long been a complex task. These structures typically feature multiple layers of ownership and a variety of...
In the fast-paced world of banking, acquiring new customers is essential for growth. dacadoo, a leader in Digital Health Engagement Platforms (DHEP), has outlined eight key strategies that combine both traditional methods and digital innovation to help banks attract and retain customers. These approaches focus on creating meaningful interactions, improving customer experiences, and building strong brand loyalty.

8 key strategies for customer acquisition in banking

In the fast-paced world of banking, acquiring new customers is essential for growth. dacadoo, a leader in Digital Health Engagement Platforms (DHEP), has outlined eight key strategies that combine both traditional methods and digital innovation to help banks attract and retain customers. These approaches focus on creating meaningful interactions, improving customer experiences, and building strong brand loyalty.
AI

How will the EU’s AI Act impact the financial market?

The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?
New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

Tower partners with HealthCarePlus to provide exclusive insurance products to union members

New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

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