South Korea’s Kakao Pay eyes majority stake in Siebert
South Korean fintech Kakao Pay has acquired a 19.9% stake in US-based financial services firm Siebert Financial Corp for approximately $17 million, with plans...
Finaro taps MultiPay to boost payment acceptance in Nordics and UK
Global cross-border payment provider Finaro has teamed up with paytech firm MultiPay to offer a unified payment acceptance solution for merchants in the Nordics...
Home management data platform AskHomey acquired and set to shutter
Home management data platform AskHomey has been acquired by a private investor who plans to shut down the UK app by the end of...
UAE’s Mbank partners Dgpays for digital wallet offering
UAE-based digital bank Mbank has partnered with Turkish B2B fintech Dgpays Group to launch a digital wallet designed to offer businesses and freelancers the...
Illimity Bank sells IT source codes to Engineering Group in €55.5m deal
Italian Illimity Bank has sold its IT platform source codes to Engineering Group in a €55.5 million deal. The agreement will allow Illimity to...
P27 Nordic Payments withdraws clearing licence application, leaving the project’s future unclear
P27 Nordic Payments has withdrawn its clearing license application from the Swedish Financial Supervisory Authority due to new regulations and requirements, casting doubt on...
Greenpeace taps Nexi Greece for digital payment security services
Nexi Greece, part of the Italian paytech company Nexi Group, has teamed up with Greenpeace to provide secure payment services for Greenpeace supporters. The...
Worldline partners Crédit Agricole to build “major payments player” in France
Worldline and Crédit Agricole have announced their partnership to build a new joint payment company in France that will leverage both companies' capabilities in...
Gigs names Rafael Plantier as new head of financial services
Telecom-as-a-service platform, Gigs, has hired Rafael Plantier as its new head of financial services. Plantier's experience in fintech will be leveraged to establish new...
