FintechDaily Staff – Page 299

Biometric Card Innovator Zwipe Withdraws from Payment Card Sector

Biometric card company Zwipe is withdrawing from the payments market due to disappointing adoption of its fingerprint-powered contactless cards. The Norwegian firm is initiating a...

MUFG Allocates $393 Million to Filipino Fintech Mynt

Philippines-based mobile payment and credit service Mynt has achieved a valuation of $5 billion following significant investments from Japan's MUFG and local investor Ayala, each...

Swedish A2A Payments Startup Brite Secures $60 Million in Funding

Swedish account-to-account payments provider Brite Payments has successfully raised $60 million in new funding to further its expansion across Europe. In 2022, Brite more than...

Google Incorporates Greenlight Card into Smartwatch Designed for Kids

Users of Google's new kid-focused smartwatch will have the option to connect a debit card from Greenlight Financial Technology for contactless payments. Atlanta-based fintech unicorn...

ABN Amro Combines Fintech Venture Fund with Motive Partners

Motive Ventures will take over the management of ABN Amro's Venture Fund (AAV), which includes 15 early-stage fintech startups. In response to a significant decline...

NatWest Repurchases Shares from the UK Government

The British government has divested £1.24 billion of its shares in NatWest Group, reducing its stake from 26% to 22.5% in this share sale. NatWest...

Payoneer Acquires Payroll Company Skuad

Cross-border payments firm Payoneer has acquired Singapore-based workforce and payroll management company Skuad for $61 million in cash. The deal also includes an additional $20...

B2B Payments Startup GetPaid Secures $6 Million Funding with Support from ‘Tink Mafia’

Getpaid, a European payments startup focused on marketplaces and platforms, has successfully raised $6 million in a seed funding round led by Nordic investor Inventure,...

Ripple Co-Founder’s XRP Accounts Compromised in Hack

Ripple co-founder Chris Larsen has revealed that several of his personal XRP accounts have been hacked but has refuted claims that the company's network itself...

Amazon and Barclays Introduce New Co-Branded Credit Card

Amazon and Barclays have teamed up to introduce a co-branded credit card in the UK that offers a variety of perks for users. The new...