Raisin has ambitious expansion plans to add 25-30 new banks to its platform this year, with a particular focus on the United States.
Public aims to reduce the overall costs for investors, making its platform more appealing to UK users.
GTCR has also committed an equity capital investment of up to $1.25 billion in order to pursue inorganic growth opportunities in Worldpay.
TSB, one of the nine banks, said the Mastercard AI tool has increased its APP fraud detection ability by 20%.
Innoviti processes over $10 billion in transactions annually across more than 2,000 cities in India.
The latest announcement means that Tencent and Ant want to allow visitors to make payments with different vendors in China.
Despite a few headwinds Wise has recently faced, the company’s stock jumped after revealing a spike in profits and revenue.
According to reports, problems began at Wyre when it set withdrawal limits for user accounts, claiming the community’s best interests.
Zepz CEO revealed that the company is preparing to introduce its first digital wallet, with a focus on meeting the requirements of migrant communities that frequently send money home.
For Adenza, the acquisition represents a significant milestone in the company’s growth trajectory.
Top crypto companies rank amongst the largest Fintech companies in America despite market challenges.
Monzo hit profitability after its lending volume for the period ending February 2023 ballooned to £759.7 million.
Transak said that the funds raised will go towards global expansion by building onboard solutions, financial applications, as well as Web3 games.
Swedish fintech mainstay Klarna cut its Q1 net loss to $120.7 million while boosting operating income by 22% YoY.
Starling CEO Anne Boden agrees to step down from the role at the British neobank next month over ‘conflict of interest’ concerns.