Tag: 2023 FinTech

The Bank of Montreal (BMO) has launched a mobile wallet for virtual cards alongside Mastercard and Extend for its users across USA and Canada.

Maybank Investment Bank has tapped Broadridge Financial Solutions to create and launch a Sharia-compliant SBL offering.

Safaricom has launched its groundbreaking M-Pesa mobile money service in Ethiopia, after securing a payment instrument issuer license from the nation's national bank.

Howden-owned Aston Lark has announced the acquisition of Curtis Marine, a Plymouth-based marine insurance broker.

Weave has revealed that it will add Scan to Pay to its comprehensive Payment Suite, in a bid to make the payment process more efficient.

Bank Payments company GoCardless has partnered with Commusoft,a leading software provider for trade companies, to offer its customer base cost-effective payments via open banking.

Revenue-based financing fintech Lighter Capital has closed a $130m credit facility, and plans to use the capital to fund early-stage companies.

Swedish payments firm Trustly has acquired SlimPay in a €70M deal, sit looks to continue its European expansion plans.

The United States currently operates as a voluntary reporting market in terms of sustainability and environmental, social, and governance (ESG), despite this, the significance of materiality assessments cannot be overstated as companies look to identify and prioritise ESG issues.

Finnish eCommerce platform Starcart has secured $3.7m in its seed funding round, as it now looks to expand across Europe.