Payments

Monzo’s Savings Challenge: Addressing Customer Retention Gaps

How Monzo is tackling retention issues in their savings products.Highlights: Monzo launches a new savings challenge to enhance user retention.The initiative addresses ongoing retention gaps in the fintech sector.Customer...

Abound Ventures into Mortgage Market with Ahauz Acquisition

A strategic move aimed at enhancing digital mortgage solutions.Highlights: Abound acquires Ahauz to enhance its mortgage offerings.The acquisition...

Visa Partners with BVNK for Stablecoin Payment Solutions

Exploring Visa's innovative step into the realm of stablecoin transactions.Highlights: Visa collaborates with BVNK to enable stablecoin payments.New...

Payments Association Urges Bank of England to Accelerate Stablecoin Development

Concerns grow over the regulatory hurdles facing stablecoin innovation.Highlights: Payments Association calls for regulatory clarity on stablecoins.Bank of...

Polygon Labs Acquires Coinme and Sequence for $250 Million

Strategic move to enhance crypto payment solutions and expand market reach.Highlights: Polygon Labs will acquire Coinme and Sequence...
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UK fintech Revolut marks Latin America debut with Brazil launch

Revolut, a UK-based fintech firm, has launched in Brazil, marking its first venture into Latin America. The company will offer customers a multi-currency account,...

Shieldpay names Andrew Hawkins as CEO for UK & Europe

B2B payments firm Shieldpay has appointed Andrew Hawkins as its CEO for the UK and Europe, taking over from founder Peter Janes, who will...

Shopify taps B2B payments platform Melio for bill pay solution

Shopify has partnered with Melio to introduce Shopify Bill Pay, a B2B payments solution that enables Shopify merchants to pay and manage their bills. Facts...

TAS acquires fellow Italian software provider Mitobit

Italian banking and financial services software provider TAS has acquired Mitobit, a Milan-based fintech that supplies software solutions for payments, banking, insurance, and fintech...

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...

MoneyGram names Seth Ross as new chief digital officer

MoneyGram has appointed Seth Ross as its new Chief Digital Officer to oversee the company's digital strategy and direct-to-consumer business. FactsSeth Ross has been...

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...

Cross-border paytech PingPong Payments nabs UK EMI licence

PingPong Payments, a US-based cross-border payments firm, has obtained an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA), allowing it...

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...
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