Cash App to exit UK as Block scales back international expansion plans
Summary of Cash App's Exit from the UK MarketCompany: Cash App, a division of Block (formerly known as Square), led by Jack Dorsey.
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Merrco Payments rebrands to KORT Payments with new managing team led by Paysafe founders
Summary of Merrco Payments' Rebranding to KORT PaymentsCompany: Merrco Payments, a Canadian fintech.
New Brand Name: KORT Payments.
Headquarters: Toronto, Canada.
Background:Founded:...
Brazil’s Matera lands $100m investment from Warburg Pincus
Summary of Matera's $100 Million Investment from Warburg PincusInvestment Details:Total Amount: $100 million.
Investor: Warburg Pincus, a New York-based private equity firm.
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Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering
Summary of Jordan Kuwait Bank's Launch of eliWalletEntities Involved:Jordan Kuwait Bank (JKB)
Mastercard
FOO (UAE-based fintech)Product Launched:eliWallet: A prepaid digital...
Sequoia Capital reportedly offers Stripe investors share deal as fintech valuation tops $70bn
Summary of Sequoia Capital's Offer to Legacy Fund LPs for Stripe SharesOffer Details:Opportunity for LPs: Sequoia Capital offers limited partners (LPs) of...
BNP Paribas partners Ant International to enhance cross-border payment solutions in Europe
Partnership Overview:BNP Paribas partners with Ant International to enhance cross-border payment solutions in Europe.
Formalized through a Memorandum of Understanding (MoU) signed...
Diamond Credit Union partners Tyfone for nFinia digital banking platform
Partnership:Diamond Credit Union selects Tyfone for its nFinia Digital Banking platform.
The platform will serve both commercial and retail customers.Key Features:...
Argentinian fintech start-up Tapi bags $22m Series A led by Kaszek
Tapi secures $22 million Series A funding:Led by Brazilian VC firm Kaszek
Participation from Californian VC Andreessen Horowitz (also led Tapi’s $9...
Blockchain-powered clearing and settlement fintech Partior raises more than $60m in Series B funding
Funding:Partior, a Singapore-based fintech start-up, secured over $60 million in a Series B funding round.
The round was led by Peak XV...
