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CAB Payments Reports Resilient H1 2024 Performance, Unveils Strategic Partnership with Visa and New Growth Initiatives

CAB Payments Holdings plc, a leading provider of cross-border payments and foreign exchange services in challenging markets, has announced its interim results for the six months ending June 30, 2024. The company reported a 4% increase in transaction volume, reaching £17.6 billion (H1 2023: £17.0 billion), despite challenging conditions, including elevated prior-year performance and reduced…

FinTech · SEP 4, 2024 · 3 min read

CTS EVENTIM adds Tink’s user-friendly Pay by Bank service to its checkout options – giving fans even more choice

CTS EVENTIM, the leading provider of ticketing services and live entertainment in Europe, and number two in the world, is offering its customers a new, simple, and user-friendly payment option. Collaborating with Tink, a market-leading payment services and data enrichment platform, CTS EVENTIM has now added Pay by Bank to its checkout process. Pay by…

FinTech · SEP 4, 2024 · 2 min read

Ziina Secures $22M Amid Rapid Growth in UAE’s Fintech Market for Small Businesses

Three years after its initial launch to 20,000 retail users, Ziina, a Dubai-based fintech startup, has expanded its services to include micro, small, and medium-sized enterprises (SMEs) and now serves 50,000 customers. The company recently secured $22 million in Series A funding, led by Altos Ventures, reflecting investors’ confidence in its strong growth trajectory. Ziina,…

Venture & Investment · SEP 4, 2024 · 1 min read

Kani Payments and New UK Fintech Zero Team Up to Tackle Climate Change

Kani Payments, the disruptive global data reconciliation and reporting platform, has today announced a partnership with Zero, a new UK climate-focused fintech. Kani Payments’ award-winning data reconciliation and reporting platform will enable Zero to streamline its reconciliation and reporting requirements and bolster operational efficiency from the outset, freeing up time and resource to deliver best-in-class customer service…

FinTech · SEP 3, 2024 · 4 min read

Kuady Expands Digital Wallet Services to Argentina

Open Payment Technologies Ltd has officially expanded its digital wallet, Kuady, into Argentina. This move follows successful rollouts in Peru and Chile, positioning Kuady as a key player in the Latin American market. The digital wallet offers a user-friendly experience with a focus on secure and efficient money management through its e-wallet app. Kuady’s expansion…

FinTech · SEP 3, 2024 · 2 min read

Zilch Hits Over $130M in Revenue

Zilch, the world’s first ad-subsidised payments network (ASPN), today announced its first month of operating profit while surpassing a revenue run rate of more than $130m (£100m). The business has reached these milestones within just four years of launching its groundbreaking consumer payment platform. Zilch also announced the appointment to its Board of Mark Wilson,…

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

Kiwi.com partners with dLocal to enhance payment options

dLocal, the leading cross-border payment platform, has announced a strategic partnership with global travel tech company Kiwi.com. This collaboration is set to bolster Kiwi.com’s global presence by introducing seamless payment solutions in key emerging markets around the world. Kiwi.com has made a substantial impact in the travel industry by prioritizing affordability, convenience, and accessibility for travelers…

FinTech · SEP 3, 2024 · 2 min read

ACI Worldwide Partners with Red Hat to Deliver Cloud-Era Enterprise Payments

ACI Worldwide, an innovator in global payments technology, today announced a collaboration with Red Hat Inc., the world’s leading provider of open source solutions, to make ACI’s cloud-native Enterprise Payments Platform available on any cloud infrastructure. With this collaboration, ACI will help customers ease their migration to the cloud to better adapt to the rapidly evolving…

FinTech · SEP 3, 2024 · 2 min read

Connect Money Obtains License from the Central Bank of Egypt

Connect Money, an Egyptian fintech startup, proudly announces that it has been granted a license by the Central Bank of Egypt, marking the start of full operations. This milestone aligns with the Central Bank’s commitment to fostering innovation and driving financial inclusion across the country. Connect Money is poised to leverage its newly acquired license…

Venture & Investment · SEP 3, 2024 · 1 min read

ShipFinex and Tokeny Forge a Game-Changing Partnership to Transform Maritime Asset Tokenization

ShipFinex, a trailblazer in maritime finance, and Tokeny, the leading onchain finance operating system for tokenized securities, are excited to announce a strategic partnership designed to revolutionize the tokenization and management of maritime assets. This collaboration unites two industry leaders with a shared mission to enhance transparency, security, and compliance in maritime asset tokenization. By…

FinTech · SEP 3, 2024 · 2 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

XYB Bolsters Lending Team to Accelerate Growth

XYB, the leading coreless banking platform, has strategically strengthened its lending proposition by welcoming a highly skilled team from Bankish, renowned for its innovative lending solutions. Hiring this team will significantly enhance XYB’s lending capabilities and accelerate the advancement of its next-generation lending engines. The newly onboarded team brings extensive experience in financial technology and…

FinTech · SEP 2, 2024 · 4 min read

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