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FinTech
Telco Giant, MTN, Gets Final Nod to Start Banking in Nigeria
2022-04-13T08:10:56.794+02:00
The approval comes five months after an AIP from Nigeria's CBN.
MTN Nigeria did not disclose when its Momo PSB will commence operation.
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OneConnect Establishes Strategic Partnership with Pismo
2022-04-12T10:26:01.710+02:00
Through the collaboration, the company has entered the Banking SaaS space.
OneConnect is also planning to expand its services in SEA and the Middle East.
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FinTech
Alpian Digital Private Bank to Launch in Switzerland in Q3 2022
2022-04-06T12:55:17.703+02:00
Alpian is aiming to reach 5,000 clients in Switzerland by the end of the year.
The fees are expected to be substantially lower than traditional private banks.
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FinAccel Acquires Majority Stake in Indonesia’s Bank Bisnis
2022-04-05T09:07:32.143+02:00
The company is planning to enter the digital banking space.
For the acquisition, all regulatory approvals have been obtained.
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News
Klarna Introduces New Business Unit to Expand Open Banking Platform
2022-04-01T07:45:48.476+02:00
Klarna Kosma is a sub-brand of the fintech company.
According to Klarna, its financial technology platform now connects to over 15,000 banks.
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Bilal Jafar
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Visa Announces Completion of Tink’s Acquisition
2022-03-11T09:01:41.434+02:00
Tink is an open banking platform.
In June 2021, Visa signed an agreement to acquire the fintech firm.
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N26 Plans to Accelerate IPO Efforts
2022-03-03T11:26:29.813+02:00
According to its co-founder, the company will be structurally ready for IPO by the end of 2022.
In October 2021, N26 raised $900 million in a Series E funding round.
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BBVA Reaches an Agreement to Invest $300 Million in Neon
2022-02-14T12:31:15.029+02:00
Founded in 2016, Neon is a Brazilian digital bank.
Following the transaction, the stake of BBVA in Neon will reach 29.7%.
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Fiserv Signs a Definitive Agreement to Acquire Finxact
2022-02-07T16:06:44.901+02:00
The acquisition will facilitate Fiserv’s digital banking strategy.
Founded in 2016, Finxact supports clients through modern banking solutions.
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FinTech
Paysafe Completes Acquisition of SafetyPay
2022-02-01T12:26:48.902+02:00
Paysafe further strengthens its position in Latin America
The entire SafetyPay team will be part of Paysafe’s open banking and eCash solutions team
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Fintech Platform One Raises $40 Million in Series B Funding
2021-08-19T10:50:40.000+02:00
The company aims to use the latest funds to expand its product offerings.
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MAS Approves 4 Applications of Digital Bank License in Singapore
2020-12-04T15:48:19.000+02:00
The regulatory authority approved applications of Ant Group, Grab, Sea Limited and Greenland Consortium.
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Thought Leaders
Guide to Outsourcing Your IT Department
2020-11-30T10:00:26.000+02:00
The benefits of outsourcing IT can lower operational costs and improved services offered round the clock.
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