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Zopa and Octopus Energy are joining forces to accelerate the adoption of renewable energy in the UK. This partnership will offer Octopus Energy customers access to Zopa’s suite of fully regulated Buy Now, Pay Later (BNPL) and retail finance products. With this collaboration, Zopa will finance the purchase and installation of solar panels for Octopus…
SilverRock announced the granting of its banking authorisation with restrictions* by the Prudential Regulation Authority following the completion of a £50m funding round. SilverRock’s unique business model and strategy is predominantly built to partner with non-bank and other lenders to support them to compete more effectively over the long term. Alan Jarman, CEO of SilverRock,…
Riyad Capital has announced the launch of the “1957 Ventures” fund, a closed-end investment fund supported by Riyad Bank, aimed at driving transformative growth in Saudi Arabia’s FinTech sector. This initiative aligns with the objectives of Saudi Vision 2030 and the Financial Sector Development Program. The introduction of this fund highlights Riyad Capital and Riyad…
This solution enables Latin American banks, fintechs, retailers, and telcos to improve the digitalization of remittances, reducing costs, strengthen financial inclusion and enhance the consumer’s user experience. Leap Financial, a company at the intersection of fintech, AI, and cultural insight, has partnered with Mastercard to launch an Embedded Remittance service. This comprehensive white-label solution allows…
In a significant move to enhance risk management and compliance processes, IDVerse, a leader in identity verification technology, has announced a strategic partnership with RZOLUT, a pioneer in risk and compliance data solutions. This collaboration marks the integration of IDVerse’s state-of-the-art automated IDV and biometric services with RZOLUT’s advanced ContentStream data platform, creating a comprehensive…
Wise announces the launch of the Wise Account and Card in the Philippines, offering an innovative and cost-effective solution for global financial transactions. This new service is tailor-made for Filipinos living international lifestyles, such as freelancers, remote workers, and dependents of overseas foreign workers, simplifying the way they receive and spend money worldwide. The Wise…
Polar Electro, the world leader in personal guidance for fitness, sport, and health, has announced a partnership with the pioneering Swedish tech company Fidesmo to introduce a new collection of sports watch wristbands that are enabled for convenient and safe contactless payments. Simple to adapt and made of soft, durable silicone, these payment wristbands are…
PayRetailers, the leading payment processor for Latin America is pleased to announce its new expansion to Africa. With coverage across four countries, the company offers a unified payment solution that will be a game changer for cross-border online merchants looking at Africa as their next move for strategic growth. To strengthen its presence in the…
Chime Financial Inc., a leader in the fintech industry known for its no-fee banking services, is introducing a new option for consumers to access up to $500 of their paychecks ahead of schedule. This new offering, termed “earned-wage access,” represents Chime’s debut in this rapidly growing financial service sector. The product, named MyPay, enables users…
To support the burgeoning digital economies and facilitate the growth of early-stage technology startups in Central Asia, the International Finance Corporation (IFC) has announced a significant investment of up to $5 million in Sturgeon Emerging Opportunities II, LP. This new venture capital fund is managed by Sturgeon Capital, a leading entity in the venture capital…
American Express and payment solutions company Worldpay have signed a new agreement which makes it even easier for small businesses to welcome loyal and high-spending American Express Cardmembers. The agreement is part of a continued strategic approach by American Express to fuel the company’s momentum in the UK and expand the number of locations where its Cardmembers can…
Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Bankart, the leading payment processing company in Slovenia and the surrounding region, is migrating its payment services by using Diebold Nixdorf’s proven Vynamic® Transaction Middleware. The cloud-native solution will drive modern payment capability for ATMs, point-of-sale (POS) terminals,…
