Tag: fintech
HSBC Shuts Down Wise Competitor Zing
HSBC discontinues Zing, its currency conversion app, after a year, citing strategic realignment and cost-cutting measures.Highlights:Strategic Closure: HSBC shuts down Zing, its currency...
Sweden’s Open Payments Raises €3 Million in Latest Funding Round
Open Payments secures €3 million to advance B2B open banking solutions, led by Alfvén & DidriksonHighlights:Funding Round: Open Payments raised €3 million in...
Checkout.comTargets Full-Year Profitability in 2025 with 45% Revenue Growth
Payments processor aims for profitability in 2025 after a strong 2024 performance, with significant revenue growth and client expansion.Highlights:45% Year-on-Year Revenue Growth: Checkout.com...
Amazon to Acquire Indian BNPL Startup Axio
E-commerce Giant Expands Financial Services with $150 Million Deal
Highlights:$150 Million Deal: Amazon agrees to acquire Axio for over $150 million.
Six-Year Partnership: Amazon...
NomuPay Raises $37 Million to Unlock Asian Markets
Dublin-based Fintech Expands Unified Payments Platform Across Asia
Highlights:$37 Million Fundraising: NomuPay completes third investment round, bringing total funding to nearly $90 million.
Unified...
Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach
Mambu Acquires Numeral: Dutch core banking technology provider Mambu has acquired French paytech Numeral to enhance its payment solutions and expand market reach....