Wise Unveils ‘Spend with Others’ Feature
Money transfer platform Wise has launched a new feature called 'Spend with Others' that allows users to share expenses with a group. Available at no...
Latin American Open Finance Platform Belvo Secures $15 Million in Funding
Mexico City-based open finance API platform Belvo has secured $15 million in a funding round led by Quona Capital, with participation from Citi Ventures, Kaszek,...
Nigeria’s Carbon Acquires Vella Finance to Enhance AI-Driven Business Banking Solutions
Nigerian digital bank Carbon has announced its acquisition of Vella Finance, signaling the launch of a new AI-driven platform aimed at supporting small and medium-sized...
UK Neobank App Downloads Exceed Legacy Banks for the First Time
A recent analysis conducted by SplitMetrics has revealed a significant trend in the finance sector: UK neobanks have overtaken traditional UK banks in app downloads...
Bolt Introduces SuperApp for Seamless One-Click Crypto and Daily Payments
Bolt has launched a new SuperApp that combines one-click crypto transactions with everyday payments, positioning itself to compete with major players like Coinbase, Zelle, and...
Swift Introduces Investigative Tool for Monitoring Late Payments
Swift has launched a case management service aimed at addressing payment defaults, which it claims could save member banks millions in operational costs and drastically...
Global Payments Acquires Worldpay for $22.7 Billion and Divests Issuer Solutions to FIS
The payments sector is experiencing a significant transformation as Global Payments has announced a $22.7 billion agreement to acquire Worldpay from GTRC and FIS, while...
What Steps Can Your Company Take to Enhance Sustainability?
During a fireside chat entitled "Fintech and the Climate Crisis: Driving Innovation for a Sustainable Future" at IFGS 2023, Anisha Mohil, the impact and sustainability...
Barclays Partners with Brookfield to Sell Payments Division
Barclays has formed a strategic partnership with Brookfield Asset Management to gradually offload its payments acceptance business. In February, Barclays announced it was considering a...
Friday Harbor Secures $6 Million for AI-Driven Mortgage Origination Solution
Friday Harbor, an AI-driven platform designed to assist loan officers in assembling complete and compliant loan files in real time, has successfully closed a $6...