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Leanpay, the pioneering Buy Now Pay Later (BNPL) and Point-of-Sale (POS) lending platform announced the successful completion of its Series B funding round, securing a total investment of €10 million. This investment round was led by BlackPeak Capital, a leading growth equity firm in Southeast Europe, followed by Catalyst Romania Fund II, both new investors,…
AlTi Global, a leading independent global wealth and alternatives manager with over $70 billion in combined assets, announced the closing of a strategic investment of up to $300 million by Allianz X. Allianz X, an investment arm of Allianz SE (XETRA: ALV), one of the world’s leading insurers and asset managers with around 125 million…
Thredd, the rapidly expanding next-generation global payments platform, reports both industry-wide growth in fintech-led digital payments and the renewal of its partnership with Zilch, the world’s first ad-subsidised payments network (ASPN). This positive trajectory, coupled with recent product and market expansion, adds further momentum to Thredd’s leadership in modern payments processing. “2024 continues to build on…
Tech Mahindra, (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, hasannounced a strategic partnership with Finastra, a global provider of financial software applications and marketplaces, to help corporate banks accelerate their digital transformation journeys. Through the partnership, Tech Mahindra will become Finastra’s exclusive global implementation partner for its Cash Management platform and…
Paymentology, the leading global issuer-processor, proudly announces its partnership with Salaam Bank’s Waafi, on the launch of its co-branded tokenised tap-to-pay digital companion card, and physical card, for Waafi mobile app users in the Horn of Africa- a first for the region. Waafi is a mobile money app born from the collaboration between Salaam Bank,…
Klickl, the Middle East’s leading Web3 open finance platform, has partnered with Sumsub, a global full-cycle verification platform, to meet stringent regulatory requirements for cryptocurrencies and improve user identity verification. This collaboration enhances Klickl’s compliance, fraud prevention, and user asset security. Sumsub will integrate comprehensive KYC (Know Your Customer), KYB (Know Your Business), and Transaction Monitoring…
Emburse, whose innovative travel and expense solutions power forward-thinking organizations, has announced a strategic relationship with Finexio, the fast-growing Accounts Payable (AP) Payments as a Service company. The partnership offers Emburse customers an innovative solution to long-standing AP challenges in the $125+ trillion B2B payments market. Finexio’s AI-powered platform facilitates a frictionless shift from manual, fraud-prone…
Solaris, Europe’s leading embedded finance platform, is proud to welcome Bitpanda, Europe’s premier crypto platform, to its KYC platform. Bitpanda will utilize Solaris’s fully digital and scalable KYC solution, Bankident, to identify customers in Germany. This partnership marks an exciting new chapter in the ongoing collaboration between Solaris and Bitpanda, with Solaris already serving as…
First Abu Dhabi Bank (FAB) and Fenergo announced their partnership in June of 2024 to speed up client onboarding and enhance anti-money laundering (AML) compliance processes for the bank with Client Lifecycle Management (CLM). FAB is a leading financial institution in the UAE that engaged Fenergo to focus on meeting its regulatory and internal requirements…
STICPAY, a leading global e-wallet service provider and payment gateway, announces the integration of Visa and Mastercard debit and credit card payment processing into its platform, affording it’s more than 5,000 merchant and corporate clients greater flexibility and convenience in handling payments. The new service enables merchants who don’t have the infrastructure to process Visa…
Interview with Rustam Rahmatov, co-founder and CEO of Islamic Fintech Start-ups IMAN and U FB: Rustam, please introduce yourself and the start-ups RR: As the founder and CEO of IMAN Holding and U, I lead two innovative companies at the forefront of Islamic fintech. With a solid background in finance and technology, I’ve obtained extensive…
Fifth Third Bank announced a partnership between Newline™ by Fifth Third, a leading embedded payments provider, and Stripe, a financial infrastructure platform that helps businesses seamlessly integrate financial services into their products. This collaboration aims to enhance embedded financial services for Stripe’s platform users and their customers. Later this year, Newline™ will power Stripe Treasury,…
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