WealthTech

Rapyd to acquire payments firm Valitor for $100m

US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.

Why SEBA Bank will raise its Series B with digital tokens

Swiss financial institution SEBA Bank will be issuing its Series B equity to its shareholders as blockchain security tokens.

Retail investing app Flink scores $12m in its Series A round

Flink, which offers an investment app, has scored $12m in its Series A round, which will help it expand across Latin America.

FinTech startup Millions raises $3.3m seed round to support its lottery that is giving...

Millions, a FinTech handing out free money through a lottery, has reportedly raised $3.3m in seed funding.

What’s next for Sweden’s FinTech ecosystem?

After years of record growth and it briefly being home to Europe's most valuable FinTech, how will Sweden's emerging FinTech ecosystem come out of the Covid-19 pandemic?

Revolut introduces permanent flexible working options for employees

Challenger bank Revolut will give its employees the option to work remotely permanently after having asked its staff for its thoughts on the matter.

Investing app Stash bags $125m in its Series G round

Stash, which helps Americans build diverse investment portfolios, has netted $125m in its Series G funding round after a record year of growth.

Cash App’s parent company Square is now officially a bank

A year after receiving Federal Deposit Insurance Corp (FDIC) approval, Square Financial Services, Square’s state-chartered industrial bank has begun operations.

SIA inks deal with WizKey to launch new platform

Payment technology company SIA has signed a partnership agreement with WizKey, a FinTech offering advanced solutions for the credit market.

GameStop chaos forces Robinhood to raise another $2.4bn

Retail trading app Robinhood has secured another $2.4bn, adding to the $1bn investment announced last week.

News Stories

Woodforest Acceptance Solutions partners with FreedomPay to revolutionise data-driven payments

Woodforest Acceptance Solutions partners with FreedomPay to revolutionise data-driven payments

Woodforest Acceptance Solutions, a renowned provider in payment processing solutions, has entered into a strategic partnership with FreedomPay, a globally recognised commerce platform.
Quarters and Nova Credit team up to support Canadian newcomers with unique home savings and credit solutions

Quarters and Nova Credit team up to support Canadian newcomers with unique home savings...

Quarters, a pioneering home savings rewards program, has partnered with Nova Credit, a leader in credit infrastructure and analytics.
Experian and Oakbrook launch innovative debt consolidation loans to boost financial inclusion

Experian and Oakbrook launch innovative debt consolidation loans to boost financial inclusion

Experian, a global leader in consumer credit reporting, has joined forces with Oakbrook, a prominent non-bank consumer lender, to provide innovative debt consolidation loans.

GiG chooses Paysafe as preferred payment provider for its expanding global reach

Paysafe, a global payments platform, and Gaming Innovation Group (GiG), a leading B2B iGaming technology company, have announced a strategic partnership.
We are thrilled to announce this relationship, which enables us to focus on advancing our platform to stay ahead of the market while working with IBM, a strong global innovator, to deliver our solutions to meet the needs of banks. With our core banking platform on IBM Cloud for Financial Services, we can help financial institutions enhance their operational resilience and system capacities. Our goal is to drive innovation and set new standards in the financial services industry.”

XYB partners with IBM to transform core banking systems globally

XYB, a leading provider of Coreless Banking Platforms, has entered into a strategic collaboration with IBM, the global technology giant. The partnership between XYB and...

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