Payments

Salmon Strengthens Fundraising for Philippines Expansion

Fintech company Salmon secures new funding to enhance its operations in the Philippines.Highlights: Salmon raises significant funds to fuel growth in the Philippines.The investment will enhance Salmon's digital financial...

Truist Pilots Zelle Bill Payments, Strengthening Digital Banking Services

New pilot program aims to simplify bill payments through Zelle for customers.Highlights: Truist launches pilot program for Zelle...

ACI Worldwide Strengthens Payment Solutions with Cloud-Native Platform

New platform enhances support for eight U.S. payment networks.Highlights: ACI Worldwide launches a cloud-native payment platform.The platform supports...

LendingClub Rebrands as Happen Bank, Strengthens Digital Banking Services

The transformation aims to enhance customer engagement and streamline services.Highlights: LendingClub officially rebrands to Happen Bank.The rebrand focuses...

NatWest Strengthens Venture Banking by Partnering with AWS

Collaboration will enhance digital services for startups and scale-ups.Highlights: NatWest partners with AWS to launch a new venture...
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UK car finance fintech Carmoola lands £15.5m in equity funding

London-based fintech Carmoola secures £15.5 million in equity funding. Investors include QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, and u.ventures. Previous funding includes a...

Paymob lands PSP licence from Oman’s central bank

Paymob, a MENAP-based fintech, is now licensed as a Payment Service Provider (PSP) by the Central Bank of Oman. Paymob claims to be...

JP Morgan Chase-owned WePay reportedly offboards a number of business clients

JP Morgan Chase's WePay reportedly offboards long-standing business clients. The move suggests a potential shift in the bank's strategy away from competing with...

Brazil’s Conta Simples plots product expansion following $41.5m Series B

Conta Simples secures $41.5 million in Series B funding Led by existing investor Base10 Partners Funding to enhance corporate card platform and expense...

Commerzbank forms joint venture with Global Payments for SME payment solutions

Commerzbank and Global Payments form a joint venture, Commerz Globalpay, for digital payment solutions in Germany. Ownership split: 51% Global Payments, 49% Commerzbank;...

Social media platform X aims to deliver P2P payments this year

X (formerly Twitter):Social media platform X, formerly known as Twitter, has announced plans to launch peer-to-peer (P2P) payments this year. Elon Musk, who...

Tobias Unger joins Sopra Banking Software as new chief operating officer

Sopra Banking Software (SBS):French fintech firm Sopra Banking Software has appointed Tobias Unger as its new Chief Operating Officer (COO). Unger brings...

European fintech funding round-up: Unbox, Rivero, ProjectPay & Ryft

Unbox (Belgium):Belgium-based fintech Unbox has secured a €12 million Series A funding round led by HSBC Asset Management. Unbox, founded in 2020,...

Thunes makes leadership changes, appoints Floris de Kort as new CEO

Leadership Changes:B2B cross-border paytech company Thunes has announced leadership changes with the promotion of current CEO Peter De Kaluwe to deputy chairman...
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