PayTech
FinTech
Augmentum Fintech Accepts £186M Cash Takeover Offer
The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover offer.This acquisition is a major event in the UK fintech sector.The...
FinTech
New Banking License in Latvia Strengthens Market Entry Opportunities
Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...
FinTech
US Regional Banks Build Tokenized Deposit Network to Enhance Innovation
New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses...
FinTech
New Banking License in Latvia Could Boost Market Entrants
Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...
FinTech
Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan
Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...
Science Card introduces new debit card offering to help accelerate UK scientific discovery
Launch of Science Card: Science Card, a London-based start-up, has launched in the UK to raise awareness of university research and address funding...
Apple set to open up access to NFC tech to third-party app developers
Apple Opens NFC Technology: Apple announced that starting with iOS 18.1, third-party app developers in select countries will gain access to its NFC...
Ireland’s PTSB extends partnership with Worldpay to expand merchant services offering
Expanded Partnership:PTSB, a Dublin-based bank, has expanded its partnership with Worldpay to offer additional merchant services to its commercial customers.Background:PTSB...
Banking Tech Awards 2024 nominations deadline extended to 6 September
Extended Nomination Deadline:The deadline for nominations has been extended to 6 September 2024 to accommodate delays due to summer holidays.Event Details:...
Nium looks to expand presence in LatAm with new licence applications
Licence Applications:Nium is applying for a Payment Institution licence in Brazil to offer extended payment services, including real-time payments via Pix and...
ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more
Layer2 Financial:Funding: $10.7 million Series A.
Investors: Led by Galaxy Ventures, with participation from Accomplice.
Purpose: To drive market expansion, product development,...
CloudPay secures $120m funding round led by Blue Owl Capital
Funding Details:CloudPay secured $120 million in a funding round led by Blue Owl Capital, with additional participation from previous investors Hollyport Capital,...
Nuvei set to obtain licence in Brazil with proposed acquisition of Pay2All
Acquisition Agreement: Canadian payments processor Nuvei has agreed to acquire Pay2All to strengthen its position in the Brazilian payments market.
Regulatory Authorization: Pay2All...
Bank of England launches discussion paper on “ambitious agenda” for UK’s payments landscape
Bank of England Discussion Paper on Payments Innovation
Key Points:Objective:The Bank of England (BoE) has released a discussion paper to seek feedback on...

