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Qatar Development Bank To Act As Advisor On Strategic Investment And Partnership Between Fingular And Tess Payments

Qatar Development Bank (QDB) will orchestrate a strategic investment and partnership between Singapore-based global financial group Fingular and Qatar’s leading FinTech company, TESS Payments, through its subsidiary, Qatar FinTech Hub (QFTH). QFTH, a key initiative under QDB, will serve as the exclusive strategic and financial advisor for both parties, leveraging its deep expertise in facilitating…

FinTech · SEP 17, 2024 · 3 min read

British Fintech Start-Up Vyne Acquired By Middle Eastern Giant Tarabut In Major Deal

London-based start-up Vyne, a real-time account-to-account (A2A) payments platform for online businesses has been acquired by Tarabut, the first and largest regulated open banking platform in the MENA region, for an undisclosed sum. This strategic acquisition, which has been approved by both the UK’s Financial Conduct Authority (FCA) and Saudi Central Bank (SAMA), bolsters Tarabut’s…

Venture & Investment · SEP 4, 2024 · 3 min read

GoCardless Closes Deal To Acquire Nuapay

Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML). The deal, which was announced in March, will significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will enable customers to send as well as collect money through GoCardless. Introducing…

Venture & Investment · SEP 2, 2024 · 1 min read

Shift Closes $AUD35M Series D Equity Raise

Shift, a leading provider of credit and payment products to Australian businesses, announced today that it has closed an $AUD35 million Series D funding round, led by Peak XV Partners (formerly Sequoia Capital, SEA). In addition to Peak XV Partners, who led Shift’s Series C round in 2023, several existing shareholders participated in the Series D equity…

Venture & Investment · AUG 28, 2024 · 2 min read

GoCardless Announces GoCardless For Salesforce On Salesforce AppExchange

Bank payment company GoCardless has launched GoCardless for Salesforce on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering customers to access the GoCardless payments platform directly within Salesforce. Customers can tap into GoCardless’ full product suite including Instant Bank Pay, its open banking-powered payment feature and Direct Debit, automating the collection…

FinTech · AUG 27, 2024 · 2 min read

Conotoxia Adds Multi-Currency Cards For Businesses To Its Offer

Fintech Conotoxia introduces cards for its business customers – with a new image. Companies can order multi-currency cards, which can be used to pay in more than 160 currencies worldwide and make payments in 23 without currency conversion. Business cards from global fintech Conotoxial are used for payments at home, online and abroad. They constitute…

FinTech · AUG 27, 2024 · 1 min read

Klarna Acquires Laybuy In New Zealand

Klarna, the AI-powered global payments network and shopping assistant, has acquired Laybuy’s assets in New Zealand, the birthplace of the payments provider, and plans to relaunch the service in the coming weeks. Laybuy, which ceased operations in June, is set to make a reenergized return in New Zealand under Klarna. With Klarna’s extensive expertise and…

Venture & Investment · AUG 22, 2024 · 2 min read

Banking Circle And Skydo To Accelerate Cross-Border Collections For Indian Businesses

Banking Circle, a fully licensed next generation bank with central bank access, has entered a strategic partnership with Skydo, India’s leading cross-border payments platform for Micro, Small and Medium sized Enterprises (MSMEs) and freelancers. The collaboration aims to support Indian businesses operating globally by providing them with seamless, efficient and cost-effective payment solutions, enabling them…

FinTech · AUG 22, 2024 · 2 min read

Stan Chooses Stripe To Improve Business Agility With Payments And Billing

Stripe, a financial infrastructure platform for businesses, announced a partnership to power online payments and subscription billing for Stan, Australia’s leading local streaming service. The company, launched in 2015, is known for providing Australians with unlimited access to thousands of hours of entertainment including first-run exclusive shows, original productions, movies, kids programming, and sport, all ad-free….

FinTech · AUG 22, 2024 · 2 min read

Pix, The Brazilian Payment Giant, Lands In Europe Thanks To Wipay And PagBrasil

Wipay, the Spanish company specialized in payment technology and leader in acquiring thanks to the innovation in its redefinition of the transactional experience, has announced the arrival of PIX in Europe, the largest instant payment system in Brazil, and it does so hand in hand with PagBrasil. This strategic partnership aims to enhance and make…

FinTech · AUG 22, 2024 · 3 min read

PayPal Expands Strategic Partnership with Adyen to offer Fastlane in the U.S.

PayPal Holdings announced the strengthening of its global strategic partnership with Adyen, the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to accelerate guest checkout flows for its enterprise and marketplace customers in the U.S., with plans to extend this offering globally in the…

FinTech · AUG 21, 2024 · 2 min read

Sling Money Secures $15 Million In Series A

Sling Money, an app designed to make the global transfer of money instant, easy and low-cost, today announced a $15 million Series A round led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money previously raised a $5 million seed round led by Ribbit Capital with participation from Slow Ventures. Sling Money combines…

Venture & Investment · AUG 15, 2024 · 3 min read