Most credit cards have a feature called a cash advance that enables you to withdraw money using your credit card. Usually, you can accomplish this at an ATM or in person at a bank location. Usually, there is a predetermined cap on the amount of money you can withdraw. You are drawing credit instead of
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)— widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. Flutterwave
Solid, the leading fintech-as-a-service platform that offers a modern infrastructure for any company to launch and scale fintech products, today announced its $63 million Series B funding round. Led by FTV Capital, a sector-focused growth equity firm with nearly 25 years of experience investing in financial technology, the funding will accelerate Solid’s expansion into fintech-ready
The status of the cryptocurrency market has Twitter a-twitter. What will happen to the crypto market is one of the most important issues on everyone’s mind right now due to the presence of fear, uncertainty, and doubt (FUD) in the market. What Happened to Crypto Market? Month after month, cryptocurrency prices have been falling, giving
Bybit, the third largest crypto derivatives exchange in the world by volume, has partnered with Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC) to help accelerate the growth of Bybit as a gateway for retail and institutional USDC-settled products. Bybit wants to be a one-stop
Join Ben and Bill with our special guest, Sky, in this month’s edition of AskBybit Backstage With Ben! Get upfront and personal with our hosts as they keep you updated on product updates, improvements and highlights!
CellPoint Digital, the global leader in payment orchestration, today announces it has teamed up with Cybersource, a Visa solution and a recognized worldwide leader in payments management, to provide merchants with a holistic solution for fraud management capable of aggregating transaction data across multiple acquirers. CellPoint Digital now provides merchants with best-in-class fraud management via Cybersource
Pan-African embedded finance Fintech Pezesha has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Banking Capital Partners II (WWBCP II), will see the company significantly scale operations in its core markets and grow into new
Fiserv, Inc., a leading global provider of payments and financial services technology with a growing presence in New Jersey, is partnering with Rutgers University-Newark to create and fund a new program designed to drive diversity and innovation within the financial technology field. Over a five-year period, the Fiserv-RU-N Program for Inclusive Innovation will fund career modules
Amazon’s Influencer Program allows you to make money from just sharing your favorite Amazon finds. The best part: you don’t need millions of followers. You’ve probably heard the phrase “connected on my Amazon storefront” if you use social media. Influencers will blatantly promote their stores since they get paid when they make a purchase from
To meet the needs of U.S. consumers who are normally shut out of affordable credit products, payments fintech Highline Technologies and employment data platform Argyle have partnered to bring payroll-linked lending and bill pay capabilities to lenders nationwide. Payroll-linked lending involves taking money out of a borrower’s paycheck on a regular basis to repay consumer debts. Consumers gain
PayPal Holdings, Inc., in partnership with National Philanthropic Trust (NPT) and Vanguard Charitable, announced Grant Payments. This new product enables Donor-Advised Fund (DAF) sponsors, community foundations, and other grantmakers to deliver grants to charities quickly and electronically via PayPal. Charities will be able to collect awards soon after the grantmaker has authorized the cash thanks
