Category: Fintech
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Simetrik raises USD 55 mln in a Series B round
Simetrik, a leading tech startup specializing in AI-powered data analytics, has successfully secured USD 55 million in a Series B funding round. The investment was led by prominent venture capital firms and strategic investors, further solidifying Simetrik’s position in the market. Expansion Plans The funding will enable Simetrik to accelerate its growth and scale its…
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TerraPay joins forces with Diamond Trust Bank Uganda
Exciting news in the world of financial services as TerraPay, a leading global payments company, announces its partnership with Diamond Trust Bank Uganda. This collaboration is set to revolutionize the way customers can send and receive money in Uganda. With TerraPay’s innovative technology platform, customers of Diamond Trust Bank Uganda can now enjoy faster, more…
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Binance facing bans in The Philippines and Nigeria
Recently, the popular cryptocurrency exchange Binance has been facing regulatory challenges in The Philippines and Nigeria, two key markets for the company. Authorities in The Philippines have issued a warning against Binance, accusing the exchange of operating without the necessary licenses. The Securities and Exchange Commission of The Philippines has stated that Binance is not…
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Repay announces a new technology integration for Sage Intacct
Repay, a leading provider of integrated payment processing solutions, has announced a new technology integration for Sage Intacct, a popular cloud-based financial management software. This integration will allow businesses using Sage Intacct to seamlessly manage their payments through Repay’s innovative platform. Benefits of the integration One of the key benefits of this integration is the…
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Revolut launches Premium and Metal plans in New Zealand
Revolut Launches Premium and Metal Plans in New Zealand Revolut, the popular digital banking and financial services company, has announced the launch of its Premium and Metal plans in New Zealand. These new plans offer a range of exclusive benefits and features to users in the country. What is Revolut? Revolut is a digital banking…
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Velmie launches Business Banking Platform
Velmie, a leading fintech company, has recently announced the launch of its new Business Banking Platform. This innovative platform is designed to cater to the specific needs of businesses, providing them with a comprehensive suite of financial services and tools to manage their finances more effectively. The Business Banking Platform offers a wide range of…
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Bud Financial partners with Fintech Galaxy
Bud Financial, a leading financial technology company, has announced a strategic partnership with Fintech Galaxy, a global online platform connecting fintech startups with investors and financial institutions. This partnership will allow Bud Financial to expand its reach and provide innovative financial solutions to a wider audience. Through Fintech Galaxy’s platform, Bud Financial will have access…
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PayPal registers with FIU under AML law
PayPal, one of the world’s largest online payment processors, has taken a significant step towards compliance with anti-money laundering (AML) regulations by registering with the Financial Intelligence Unit (FIU). Under the AML law, financial institutions and payment processors are required to implement strict measures to prevent money laundering and terrorist financing. By registering with the…
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Mollie Capital goes live in the UK
Mollie Capital Goes Live in the UK Exciting news for businesses in the UK as Mollie Capital, a leading fintech company, has officially launched its services in the country. Mollie Capital offers innovative financial solutions for businesses looking to grow and expand. With their easy-to-use platform and competitive rates, businesses can now access a range…
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Monzo eyes GPB 4 billion valuation with a new funding round
Monzo, the UK-based digital bank, is gearing up for a new funding round that could potentially give the company a valuation of £4 billion. The fintech unicorn has been rapidly expanding its customer base and product offerings in recent years, making it a hot commodity for investors looking to capitalize on the growing trend of…
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Infinicept and Parachute Advisory announce partnership
Infinicept, a leading payment facilitation technology provider, has announced a strategic partnership with Parachute Advisory, a consulting firm specializing in payment facilitation and compliance. This partnership will allow both companies to combine their expertise and offer comprehensive solutions to clients in the payments industry. Infinicept’s technology platform will be complemented by Parachute Advisory’s deep knowledge…
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Sovos launches Compliance Cloud for tax and regulatory compliance
Sovos, a leading provider of software for tax and regulatory compliance, has announced the launch of Compliance Cloud, a new platform designed to help businesses navigate the complexities of tax and regulatory requirements. Compliance Cloud is a cloud-based solution that offers a centralized platform for managing all aspects of tax compliance, including sales tax,…
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stc pay collaborates with EWA
In a significant partnership, stc pay has joined forces with the Electricity and Water Authority (EWA) to offer a seamless payment experience to their customers. This collaboration aims to enhance the convenience and efficiency of bill payments for users across Bahrain. Benefits of the Collaboration Customers can now pay their electricity and water bills directly…
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Paytm partners with Axis Bank
Introduction Paytm, India’s leading digital payment platform, has recently announced a strategic partnership with Axis Bank, one of the country’s largest private sector banks. This collaboration aims to provide seamless and convenient banking services to Paytm users, further enhancing the digital payment experience for millions of customers. Benefits of the partnership Expanded services: Through…
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Nukkleus to acquire payments company Mercury Global
Exciting news in the fintech world as Nukkleus, a leading financial technology company, has announced its plans to acquire payments company Mercury Global. This strategic move is set to enhance Nukkleus’ capabilities in the rapidly growing digital payments industry. Benefits of the Acquisition By acquiring Mercury Global, Nukkleus will expand its reach in the global…
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Garanti BBVA to launch the Bonus Platinum Biometric Card
Garanti BBVA, one of Turkey’s leading banks, has announced the launch of their new Bonus Platinum Biometric Card. This innovative card will feature biometric technology, providing an extra layer of security and convenience for their customers. The Bonus Platinum Biometric Card will allow customers to make secure payments using their fingerprint instead of a PIN…
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E6 joins Mastercard Engage Programme for European instalments
E6, a leading financial technology company, has announced its participation in the Mastercard Engage Programme for European instalments. This partnership will allow E6 to leverage Mastercard’s extensive network and resources to expand its presence in the European market. What is the Mastercard Engage Programme? The Mastercard Engage Programme helps fintech companies accelerate the development and…
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NMI launches embedded payment solutions
Payment technology provider NMI has announced the launch of its new embedded payment solutions, aimed at making the integration of payment processing easier for businesses of all sizes. With the rise of e-commerce and the increasing importance of online transactions, having a seamless and secure payment process is crucial for businesses. NMI’s embedded payment solutions…
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Klarna launches new Sign in with Klarna product
Klarna, the popular online payment service, has just announced the launch of its new product: Sign in with Klarna. This new feature allows users to easily and securely sign in to websites and apps using their Klarna account credentials. With Sign in with Klarna, users can save time by bypassing the traditional login process…
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WLPayments integrates with Unlimit, enhancing payment solutions
WLPayments, a leading provider of payment processing solutions, has announced its integration with Unlimit, a technology company specializing in IoT solutions. This partnership is set to revolutionize the way businesses process payments, offering a seamless and secure payment experience for customers. Benefits of the Integration By integrating with Unlimit, WLPayments is able to offer businesses…