Neobank Zolve offers immigrant customers mobile plans 

Zolve, a neobank for immigrants entering the US, has launched its own branded mobile phone plan service alongside Gigs.

Canadian FinTech Finofo attracts $1.25m for its unique FX automation tool

Finofo, a Canadian-based financial technology start-up, has emerged with a vision to streamline the often complex world of foreign exchange (FX).
EMI

Terrapay secures EMI in Italy, plans EU expansion 

Terrapay has announced it has secured authorisation as an EMI in Italy, and now plans to expand its operation further into the EU. 

Checkbook teams up with Zelle for faster and secure financial transactions

Checkbook, a comprehensive push payments platform, has revealed its latest payout option, an alliance with Zelle. This partnership is designed to offer Checkbook users a more seamless, trustworthy, and swift financial transaction experience.
FinTech giant FIS sells Worldpay to GTCR for $18.5bn

FinTech giant FIS sells Worldpay to GTCR at $18.5bn valuation

FIS, a global leader in financial services technology, has made a strategic move to sell a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR.
Utransfer of U Fintech Hub bags $4m in funding for global expansion

Utransfer of U Fintech Hub bags $4m in funding for global expansion

South Korean powerhouse, U Fintech Hub Inc., a renowned FinTech company, recently announced the successful completion of its latest funding round. The firm specialises in remittance services, operating the widely used Utransfer platform.
Molten Ventures reduces Revolut valuation by 40%

Molten Ventures reduces Revolut valuation by 40%

Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.
E9pay, Currencycloud team up to revolutionise global fund transfers for South Korean merchants

E9pay, Currencycloud team up to revolutionise global fund transfers for South Korean merchants

South Korean money transfer operator (MTO), E9pay, has forged a strategic partnership with Currencycloud, a company specialised in simplifying business in a multi-currency world.
Visa backs global payments giant TerraPay with strategic investment

Visa backs global payments giant TerraPay with strategic investment

TerraPay, a global payments infrastructure company headquartered in the UK, announced a strategic equity investment from Visa, a world leader in digital payments.
Zenus Bank acquires Financial Urban Exchange to support LatAm and Caribbean

Zenus Bank acquires Financial Urban Exchange to support LatAm and Caribbean

Zenus Bank, a digital bank that allows people to open US bank accounts around the world, has acquired real-time payments company Financial Urban Exchange.

News Stories

Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.

Gallagher acquires Ace Commercial to strengthen transportation market presence

Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.
Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch the first-ever automated digital travel insurance product.

Ledgertech, Menora Mivtachim, and Cellcom partner to launch automated digital travel insurance solution

Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch the first-ever automated digital travel insurance product.
Global insurance association AIG has announced sweeping changes to its senior leadership team, following the appointment of a new executive vice president and chief marketing & communications officer.

AIG tweaks senior leadership team as it aims to sustain growth

Global insurance association AIG has announced sweeping changes to its senior leadership team, following the appointment of a new executive vice president and chief marketing & communications officer.
The Commerce Fraud Bureau has formally charged a Minnesota broker with alleged involvement in a $650k fraud scheme. 

Minnesota broker charged for alleged $650k fraud scheme

The Commerce Fraud Bureau has formally charged a Minnesota broker with alleged involvement in a $650k fraud scheme. 

Bluefin integrates Mastercard click to pay for enhanced merchant experience

Bluefin, a prominent player in encryption and tokenisation technologies ensuring the safeguarding of sensitive data during payments, has unveiled their collaboration with Mastercard Click...

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