Remittances

Token driving UK open banking payments expansion, research finds

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

Paysend raises $20m in funding led by MarCorp

Paysend, an international remittance platform, has raised $20m in a funding round led by MARCorp Financial.

Paymynt Financial unveils new blockchain-based multicurrency smart card

Boston-based FinTech company Paymynt Financial said to launch MYNT PayCard, a multicurrency hardware wallet.
Ghana-based Zeepay bags $10m investment

Ghana-based Zeepay bags $10m investment

Ghana-based PayTech company Zeepay has reportedly raised $10m in a funding round.

Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe

London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.

Spoko.app said to raise €5m in its new funding round

International money transfer app Spoko.app has reportedly collected €5m in funding from its strategic investor FinTech Ventures S.A.
Kaspi.kz, Alipay+ partner for seamless China payments

Kaspi.kz, Alipay+ partner for seamless China payments

 Kazakhstan's pioneering financial technology firm, Joint Stock Company Kaspi.kz, has joined hands with the renowned e-wallet giant Alipay+ to redefine the landscape of cashless transactions in China.

ProjectPay unveils platform to streamline construction industry payments

UK payment platform ProjectPay has introduced a software-as-a-service (SaaS) platform to help simplify and streamline payments in the building and construction industry.

Visa acquires Plaid in new $5.3bn deal

Payment giant Visa has announced that it has bought Plaid, a scaleup helping customers securely connect their financial information to apps.

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.

News Stories

survey

Survey reveals half of young people frustrated by local branch closures

A survey by Nationwide has shed light on the frustrations surrounding the closure of local bank branches, particularly among younger demographics.
Open Road Insurance has announced its formation as a managing general agency (MGA) focusing on collector vehicle auto insurance.

Open Road to enter into collector vehicle insurance market

Open Road Insurance has announced its formation as a managing general agency (MGA) focusing on collector vehicle auto insurance.
GB Bank

GB Bank’s expansion plans accelerate with £85m investment injection

GB Bank, a key player in property project funding for SME developers and investors, has secured £85m in additional capital.
Singapore

Singapore tightens grip on digital payment token providers: What you need to know

The MAS of Singapore has recently announced stringent AML and CFT controls on digital payment token (DPT) service providers. According to Moody's, these regulatory changes...
Normative, a provider of carbon accounting software, has recently unveiled a new array of functionalities within its enterprise carbon platform.

Normative unveils enhanced carbon platform features for streamlined emissions reduction strategies

Normative, a provider of carbon accounting software, has recently unveiled a new array of functionalities within its enterprise carbon platform.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week