Atlantic Money announced that its users in the UK can now transfer from euro to nine currencies worldwide for just €3. This means in addition to international transfers from the British pound; customers can also transfer euros for a flat fee of €3 and always at the live exchange rate, all the way up to
Kasisto, creators of KAI, the leading digital experience platform for the financial services industry, today announced a $15.5 million Series C extension, led in the United States by Fidelity Information Services, LLC and internationally by Westpac Banking Corporation, with participation from BankSouth. This brings the total Series C funding to $31 million. Kasisto is the market
WebBank announced an agreement with American Express to become a card issuer and participant in the American Express network. WebBank will be able to issue credit cards and payment solutions with American Express perks as a result of the agreement. WebBank was chosen by American Express as one of its primary issuing banks focused on the fintech industry.
Crypto.com, the world’s fastest-growing cryptocurrency platform, announced today it has received regulatory approval from the Financial Conduct Authority (FCA) in the United Kingdom (UK) as a crypto asset business. This registration will enable Crypto.com to offer a suite of products and services to customers in the UK, compliant with local regulations. “This is a significant
Scalable Capital has exceeded the ten-billion-euro mark in client assets. Within one year, the company has more than doubled client assets. With more than 600,000 clients on its platform, Scalable Capital is one of the leading digital investment platforms in Europe and one of the fastest-growing European FinTechs. ‘In just a few years, our assets went
BankiFi, a leading provider of embedded banking solutions for small and medium businesses (SMBs), has secured $4.8 million for global expansion into North America. This strategic growth investment gives BankiFi the capital to provide its industry-leading embedded banking platform to more than two million SMBs across four continents by 2024. BankiFi provides an open cash management
Motive Partners, a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry has received the necessary regulatory approvals and completed the sale of Global Shares to J.P. Morgan. Motive invested in Global Shares in August 2018, acquiring a ~40% stake in the business.
Plaid, the API-first data network powering the digital financial ecosystem, and Wise, the global technology business developing the easiest way to move money around the world, today announced an open finance agreement to give clients a frictionless way to move money between various financial institutions. According to a 2021 survey by Plaid and The Harris
Truework, a fintech company that provides income and employment verification for the nation’s largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, today announced it raised $50 million in Series C funding. Sequoia Capital, Activant Capital, and Khosla Ventures returned investors joined G Squared in leading the Series
Clara, the leading Latin American tech startup that offers an end-to-end corporate spend management solution for companies in the region, announced today approved financing from Goldman Sachs for an initial $50 million with the option to upsize to $150 million. “This financing will fuel our planned regional growth and will also allow us to successfully
AstroPay, the preferred online payment solution for millions of customers worldwide, has introduced a flagship global Affiliate Programme to give people and companies who wish to make money online and expand their company prospects. The new programme aims to expand AstroPay’s clientele globally while supplying a reliable partner for individuals who are professionally committed to
Backbase is proud to announce that the Backbase Engagement Banking Platform is now listed in the Microsoft Azure Marketplace, apps and services are offered online for use with Azure. Customers of Backbase can benefit from the reliable and effective Azure cloud platform, which has simplified setup and maintenance. This listing is the next exciting step
