News

iCapital Network Builds Momentum With Europe and Asia Expansion

New York-based iCapital Network, a fintech startup with a platform for investing in alternative assets, announced a series of milestones in its expansion journey into European and Asian markets. With the appointment of two industry insiders as senior executives to

Read More

Sonect Launches in the UK and Builds Cross-Continental Network in Latin America

Zurich-based Sonect has entered into a partnership agreement with Lana, a personal finance platform aiming to provide transactional accounts and financial services to gig economy workers throughout Latin America. The Sonect app allows customers to withdraw cash directly in the

Read More

PayPal Dips Its Toes in the Crypto Market…. in 2021

PayPal announced the launch of a new service enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account. The company is introducing the ability to buy, hold and sell select cryptocurrencies, initially featuring Bitcoin, Ethereum, Bitcoin

Read More

Digital Banking Solution Meniga Announces US Expansion

Meniga, provider of AI-powered digital banking solutions, announced that it has expanded its business to the US, with a dedicated team appointed to drive sales operations. The new US team – operating remotely before opening planned premises in New York

Read More

Pay With Your Palm? Amazon Launched New Biometric System

Amazon launched its latest payment technology using a new biometric system that uses palm recognition, allowing its users to do everyday activities like paying at a store, presenting a loyalty card, entering a location etc. The service, called Amazon One,

Read More

Volante Technologies Ties up With Goldman Sachs’ for Its Cloud Banking Platform

US based Volante Technologies, cloud payments and financial messaging solution, announced a collaboration with Goldman Sachs for the Goldman Sachs Transaction Banking Platform. Voltane will provide the payment technology underpinning the bank’s recently launched digital transaction banking service built entirely

Read More

Rapyd Expands Card Acquiring Capabilities in Europe

Rapyd, a fintech-as-a-service company, announced a major expansion of its European platform, adding end-to-end card acquiring capabilities to its payments capabilities. Rapyd now offers a full stack payment acceptance capabilities in Europe including card acceptance through Mastercard and Visa, and

Read More

New BIS Working Paper Looks at State of Central Bank Digital Currency Projects Around the World

A new working paper by the Bank for International Settlements (BIS) looks at the state of central bank digital currency (CBDC) projects around the world. According to the study, as of mid-July 2020, at least 36 central banks had published

Read More

Top 5 Global Fintech Investors: From Q2 2019 to Q2 2020 and Where They Invested

Sequoia Capital, 500 Startups, Ribbit Capital, Accel and Global Founders Capital (GFC) were the five most active fintech venture capital (VC) investors in deal count from Q2 2019 to Q2 2020, according to an analysis by CB Insights. Sequoia Capital

Read More

Google Pay Plans to Offer Digital Bank Accounts

Google is expanding its plans to offer digital banking services in the United States (U.S.) by partnering with several banks to offer digital checking and savings accounts to Google Pay users which will be available in 2021. The 8 banks

Read More