Finseta offloads non-trading subsidiary Capital Currencies to undisclosed buyer for £150,000
Summary of Finseta's Sale of Capital Currencies:Transaction Overview:Finseta (formerly Cornerstone FS) sold its non-trading subsidiary, Capital Currencies, for £150,000 in cash.
The...
Peru becomes first South American country to adopt NPCI’s UPI tech
Summary of BCRP and NPCI International Partnership:Partnership Overview:Central Reserve Bank of Peru (BCRP) partners with NPCI International Payments Limited (NIPL).
Aim: Create...
Beobank selects Viva to power new corporate payment solutions for SMEs in Belgium
Beobank and Viva Partnership - Key Points:Partnership Objective: Beobank partners with Greek payments group Viva to advance the digital evolution and business growth...
Barclays and Lloyds-backed loyalty app Bink enters administration
Bink Shuts Down - Key Points:Company Closure: UK-based loyalty app Bink has entered administration.
Liquidators Appointed: FRP Advisory's Sarah Cook and Miles Needham...
Lydia selects Marqeta to power its new digital banking app Sumeria
Lydia Solutions and Marqeta Partnership Expansion:Partnership Overview:Lydia Solutions: French fintech behind the Lydia financial services app
Marqeta: California-based card issuing platform
New...
Allpay and The Bank of London partner to streamline payments for the UK social housing sector
Allpay Signs Multi-Year Partnership with The Bank of London:Partnership Goals:Simplify and expedite payments using prepaid cards.
Target both banked and unbanked individuals....
PSR names David Geale as new interim managing director after Chris Hemsley steps down
PSR Leadership Transition:Outgoing Managing Director:Chris Hemsley to step down on 7 June after five years as managing director.
Hemsley will join Fingleton,...
CSG acquires Florida-based paytech iCG Pay in $17m deal
Acquisition Overview:CSG, a Colorado-based provider of customer engagement, revenue management, and payments solutions, acquired iCheckGateway.com (iCG Pay) for an initial $17 million.
...
Stripe’s Paystack leads investor group set to acquire Nigerian fintech start-up Brass
Acquisition Announcement:Brass, a Nigerian fintech, is set to be acquired by an investor group led by Paystack.
Paystack is owned by US...
