Leading Irish RegTech start-up expands to the UAE as demand grows for anti-money laundering compliance software for banks and fintech challengers
DX Compliance build AI-enabled anti-financial crime and compliance software solutions with easy to use features and top-of-the-line capabilities.
Fintech giant Square begins roll-out of services in Ireland
E-commerce and payment processing company Square, the fintech firm headed up by Jack Dorsey, has begun rolling out its services in Ireland.
Nium and Travelex partnership boosts digital remittance offering for Asia Pacific
Travelex, the world’s leading FX brand, has partnered with advanced global payments platform Nium to extend digital remittance services to their users.
Australia’s Peppermint Innovation signs agreement with the Philippine’s leading micro-financial services provider
Australian Stock Exchange-listed fintech Peppermint Innovation Ltd has signed a strategic Merchant Biller Agreement with the Philippines’ largest and leading micro-financial services provider, Cebuana Lhuillier. The agreement, which allows bizmoto agents to “cash-in” money at any one of Cebuana’s 2,500 shop fronts and accredited stories nationwide, will enable agents to ‘top-up’ their mobile wallets instantly, allowing them the ability to transact with more customers. Essentially, a bizmoto agent will be able to enter any Cebuana branch, choose the bizmoto platform to top-up their mobile wallet and their ‘cash-in’ funds will instantly be credited to their bizmoto wallet. The significant increase in the number of physical “cash-in” locations for bizmoto agents […]
Safexpay, a FinTech startup raises $6mn bringing valuation to $100 million
Safexpay, a Mumbai-based FinTech start-up has raised $6 million in funding from two investors at a valuation of $100 million.
Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation
Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital Partners, valuing it at $1.6 billion, it said on Thursday. The two-year-old New York-based firm competes with American Express, new-age fintech startups such as Brex and older expense management software makers like Expensify and SAP Concur. Stripe, which had invested in Ramp previously as well, had in March raised $600 million at a valuation of $95 billion. To read more, please click on the link below… Source: Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation | Reuters
DNA Payments partners with Ecospend for Open Banking payments
The partnership will bring Ecospend’s innovative Open Banking payments service to DNA Payments Group portfolio of 30,000 merchants.
TrueLayer raises US$70m to build the world’s most valuable Open Banking network
TrueLayer, Europe’s leading open banking platform, today announced it has secured a US$70m Series D investment round led by new investor Addition. The latest raise reflects the growing demand for its open banking-based services and marks another significant milestone for TrueLayer on its mission to open up finance, building an open banking network that brings together payments, financial data, and identity to redefine how people spend, save, and transact online. Existing investors, including Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek, also participated, with a significant increase to the company’s valuation. Additional investors in the round include Visionaries Club, Surojit Chatterjee (CPO Coinbase), Zack Kanter (CEO Stedi), Daniel Graf […]
