Hub71, a global technology ecosystem in Abu Dhabi, and Wio Bank PJSC have announced a strategic partnership to transform the banking experience for startup founders in the capital. Partnership to improve bank account processes for SMEs; Wio becomes Hub71’s official banking partner, enabling startup founders to benefit from commercialization opportunities and professional mentoring to drive
Tymit has established a strategic partnership with Visa to accelerate the adoption of installment credit among major financial institutions and merchants in the UK and Europe. This partnership aims to enable banks and merchants to offer co-branded and white label installment credit schemes powered by Tymit. As one of the pioneering installment credit card services,
Cashflows, the platform that allows merchants to accept payments, has launched a new cloud-based direct (point of sale) payment solution. The platform is designed for merchants, independent sales organizations (ISOs) and independent software vendors (ISVs) who want to provide merchants in all industries with a fast and reliable direct payment solution. As part of the
TerraPay, a global payments infrastructure company, has partnered with Safaricom, a financial services, IT and telecommunications provider based in Kenya. TerraPay Group company Mobex (Kenya), a remittance service provider, will enable over 30 million M-PESA mobile wallet owners in Kenya to send real-time payments through TerraPay’s interoperable network to all wallets in Bangladesh and Pakistan,
Canadian FinTech Nuvei and Plaid have extended their global partnership to support businesses by accepting bank-based payments for multiple use cases, including recurring payments and payouts, and to serve additional verticals within the e-commerce landscape. Nuvei and Plaid plan to scale their partnership globally before the end of the year. Nuvei’s global reach, including local acquiring in 47 markets,
FNZ, the global wealth management platform, has launched FNZ Yield Plus Notes to offer professional investors such as corporates, pension funds, banks, insurers, asset managers and other institutional investors a low-risk cash alternative and strengthens its global proposition. The FNZ Yield Plus bond offers investors a higher yield than an equivalent rated government bond of
American Express has announced that Kuwait-based low-cost carrier Jazeera Airways now accepts American Express card payments. The partnership will provide American Express cardholders with access to Airways’ growing travel destinations, with best-value flights and services. It will also provide extra convenience for travelers, allowing cardholders to easily book their flights. “We are thrilled to be working
Temenos announced that Convera, the largest non-bank global B2B payments provider, has selected Temenos Payments Hub running in the Temenos Cloud to modernize its payments infrastructure. The move to Temenos Software-as-a-Service (SaaS) will help Convera to drive efficiency in payment processing from inbound funding to outbound disbursements and massively scale with the aim to double
Marqueta, a global card issuance platform, has announced an expansion into Brazil. The company cooperates with Latin American banking platform Fitbank and certifies the network with Visa As part of Marqeta’s partnership with Fitbank, the company will be a Marqeta customer, use it as a payment processor, and will act as a BIN sponsor for
Francisco Partners, a leading global investment firm specializing in partnerships with technology companies, today announced the acquisition of Macrobond, a leading financial data and technology innovation company, from Nordic Capital, one of Europe’s leading private equity investors. Macrobond founder Tomas Liljeborg will continue as chief executive officer and remain an important shareholder of the company.
Chapa, a payment solutions provider in Ethiopia, has announced a partnership with Telegram to enable merchants using Telegram to seamlessly accept payments from customers, including financial and digital payments. digital in Ethiopia. Chapa’s integration with Telegram’s bot ecosystem allows merchants to accept payments without requiring customers to leave the app. Whether it’s mobile money, bank
Dubai-based technology startup Alfii has announced an upfront funding of $2.5 million to expand its team and further expand its FinTech-based HR automation platform. The round was led by Preface Ventures, a venture capital firm focused on US-based infrastructure companies. Kayan Ventures, UAE-based Aditum Ventures and Wayfinders, and a number of local and regional angel
