FNZ, the global wealth management platform, is pleased to announce the acquisition of Fondsdepot Bank, one of Germany’s leading independent custody and trading platforms. The acquisition represents FNZ’s further investment in the German market and will bring together the additional strengths of the ebase investment platform, professional wealth management technology provider DIAMOS and Fondsdepot Bank.
Younger generations are demanding accessible digital banking services from their providers. They turn to neobanks and fintech unicorns like Robinhood to do their banking, payments, and investments. Neobanks, the bank in which all their services are online and accessible digitally, and the fintech unicorn, the startup that has reached a valuation of $1 billion, are
American Express announced that it has reached an agreement to acquire Nipendo, a company used by global businesses to automate and streamline business-to-business (B2B) payment processes. “Our extensive direct relationships with both buyers and suppliers puts us in a unique position to transform the way companies pay for goods and services. We are taking the
Fintech credi2 and Visa, a global leader in digital payments, have signed a strategic partnership within the framework of the Visa Fintech Partner Connect program. Together they have developed a product that is flexible to use and will support “buy now, pay later” (BNPL) payments with Visa credentials in Central European markets in the future.
Synechron, Inc., a leading global digital transformation consulting firm, announced that it has now fully integrated its subsidiary, Attra, a payment technology services and solutions provider. based in Melbourne, Australia, within the largest Synechron brand. Attra, acquired by Synechron in December 2020, is now Synechron Payments and is Synechron’s newest line of business. Prasad Guntupalli,
BR-DGE, a leading payment orchestration service provider, today announced a three-year partnership with Visa, a global leader in digital payments, to deliver solutions and innovative payments for merchants and consumers, giving them more choices on how to pay and get paid. Consumers and businesses are looking for new ways to manage their money and want
The world of fintech is changing constantly and rapidly. The ubiquity of smartphones has allowed startups to revolutionize finance with real-time payments and peer-to-peer lending, while AI-powered algorithms are changing the face of investing. and portfolio management. Successful fintech companies are democratizing access to finance by bringing the unbanked into the financial system and enabling
Plum, the smart monetization app, today announced its new positioning “Money Driven” with a TV ad and digital campaign created by Founders Makers. The new campaign conveys Plum’s comprehensive offer to help people save more and build wealth, at a time when financial management is arguably more important than ever. The UK public has a
Relio, a Swiss SME banking startup founded by Lav Odorovic, co-founder of German digital bank Penta, has raised €3 million. Relio is launching a digital payments account for corporate customers built on a platform designed to overcome regulatory and compliance hurdles plaguing similar businesses. “Anti-money laundering compliance issues have remained the weakest link of challenger
Signzy, a leading digital banking infrastructure provider, announced the launch of its award-winning Video KYC solution on Salesforce AppExchange. This integration will allow customers to provide fast and accurate end-to-end KYC and an integrated experience for their end customers. Signzy’s video KYC solution provides bank-grade infosec security and delivers industry-leading self-sustaining success rates, while dramatically
TMX Group Limited announced that it has made a strategic investment in VettaFi Holdings LLC (VettaFi), a US private sector data, analytics, indexing, digital distribution and thought leadership company. VettaFi fosters a cutting-edge, data-driven platform designed to empower and educate the modern financial advisor, asset manager and institutional investor. TMX Corporation purchased approximately 21% of
Australian firm Grapple, which provides working capital loans to small and medium-sized businesses, has reportedly raised $35 million under a warehouse credit facility from financier Global Credit Investments (GCI). based in Sydney. With this money, Grapple hopes to scale and maintain its growth trajectory, according to a report by FinTech Futures. The funds will also
