Australian neobank Up Bank has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years. For individuals wishing to make online purchases, Maybuy will generate an automated savings plan. Consumers might choose to purchase the item or choose to save their money
Global fintech investor Portage announced today the launch of a late-stage, fintech-focused Portage Capital Solutions (“PCS”) Fund. Daniel Ballen and Devon Kirk, who are co-heads, will direct the strategy, concentrating on structured opportunities in global fintech and financial services firms and aiming for investments over $50 million. Devon Kirk has almost 20 years of experience
Victor Technologies, Inc. is collaborating with the business to enhance its quick payments strategy, according to a statement from Jack Henry & Associates, Inc. Through its integrated risk management software and APIs for FinTechs to embed financial services, Victor, a subsidiary of MVB Edge Ventures, Inc. and a member of the MVB Bank, Inc. family,
Virgin Money is entering the buy now, pay later arena through the launch of a credit card that lets customers spread repayments over installments while building their credit scores. Virgin is the newest bank to enter the BNPL market, which is rapidly expanding yet divisive due to rising interest rates and the broader economic crisis.
Solarisbank, a European fintech platform, has disclosed that the company has changed its name to “Solaris.” The business stated that the rebrand symbolizes its development. The financial platform has been able to expand its staff to over 750 people amidst the most recent international expansion initiatives. Nearly a year after raising EUR 190 million in
2C2P, a worldwide payments platform, announced a partnership with rezio, Asia’s premier mobile booking solution for attraction, tour, and activity operators, to expand access to digital payments for its travel clients and their customers. Customers will be able to utilize a variety of payment methods, from cards to mobile wallets, thanks to 2C2P, which will
Aspire, Southeast Asia’s top all-in-one finance operating system has partnered with Know Your Customer, a renowned RegTech supplier, to safely enable access to its financial products for the region’s underserved SMEs and company owners. Over 140 million people are employed by the 70 million micro, small, and medium-sized firms (SMEs) in Southeast Asia, which make
Neon, a digital bank and FinTech firm whose mission is to better the lives of Brazilian workers, has disclosed that it has secured $80 million for its initial Credit Rights Investment Fund (FIDC) focusing on credit cards. With this investment, the overall equity fund rises to $170 million US, which is forecast to nearly treble.
Global FinTech platform Airwallex announces the opening of its Shopify Airwallex Online Payments App. Merchants can incorporate the Online Payments App, a payment gateway plugin, into their online business to take payments from customers all over the world. The payment acceptance solution from Airwallex, which accepts a variety of payment ways, is used to provide
FIS has revealed that the UK’s self-invested personal pension (SIPP) servicing has improved its wealth management products. FIS is significantly increasing its capabilities to wealth managers in this area by introducing retirement services in the UK. “The UK is a world leader in wealth management with £1.3 trillion in assets under management, and with the
UnitPlus, Vodeno, and European digital bank Aion have joined forces to give savers the opportunity to now also become investors. The trio is making this possible by helping savers invest unused money and make prospective market returns to combat inflation, all while retaining instant access to cash. Holding onto funds in savings accounts loses value in
KOHO Financial Inc. recently announced that it has partnered with Mastercard to offer improved services and an all-around better customer experience to its clients. With one simple mission: to find better financial solutions for all Canadians, this new partnership will help KOHO get one step further to reaching that goal. The partnership, announced recently, will mean an
