Category : News

Pleo Becomes the Latest Danish Fintech Unicorn With US$150 Million Fundraise

Danish fintech Pleo announced that it has raised US$150 million in a Series C funding round to become a unicorn with a company valuation of US$1.7 billion. The Series C round was co-led by Bain Capital Ventures and Thrive Capital, with contributions...

Concardis Schweiz and CCV Schweiz Finalised Merger to Form Nets Schweiz

The legal merger of Swiss payment terminal provider CCV Schweiz SA with Concardis Schweiz AG by the Nets Group, a payment service provider in Europe, has been completed. As of 30 June 2021, the two companies will continue to operate under the Nets br...

Credit Suisse Hires Goldman Sachs’ Exec as New Chief Technology & Operations Officer

Credit Suisse Group AG announced the appointment of Joanne Hannaford as Chief Technology & Operations Officer and a member of the Executive Board of Credit Suisse Group, effective January 1, 2022. Joanne Hannaford Mrs. Hannaford joins from Goldma...

Netcetera, Entersekt Enables Secure Payments With FIDO Authentication for PLUSCARD

PLUSCARD, a full-service processor for numerous card-issuing institutions across Germany, Netcetera, a digital payment solutions provider, and Entersekt, a customer authentication specialist, launched the FIDO-certified alternative to app-based authe...

Broadridge Acquires ECS From Jordan & Jordan to Enhance Its Regulatory Compliance

Broadridge Financial Solutions, an American-based investment banking company, announced that has acquired cloud-based Execution Compliance and Surveillance Service’s (ECS) assets from Jordan & Jordan. The solution provides a combination of...

Innosuisse Paves the Way for Swiss Startups to Expand to Japan and South Korea

Startups supported by Swiss Innovation agency Innosuisse will soon be able to go to Japan or South Korea to develop their business internationally thanks to the two new camps being opened this year to meet growing demand. These destinations were chos...

Brazil and Mexico Emerge as Top Fintech Countries in Latin America

Though the growth of fintech in Latin America (Latam) started later than in other region, it quickly picked up stream. Today, Latam is experiencing an explosion of fintech activity that’s being fueled by rising demand for online banking tools, encour...

Crowdfunding: Viele Corona-Hilfen über Internetplattformen

Gutscheinverkäufe für das lokale Restaurant, Spenden-Aktion für den Kiosk um die Ecke oder finanzielle Hilfe für Personen, die unter der Pandemie besonders leiden: Die Coronakrise hat eine Welle von Unterstützungsinitiativen auf Crowdfunding-Plattfor...

UK Retirement Platform Smart Snaps up £165 Million in Series D Fundraise

Smart, the global retirement savings technology platform provider that powers the Smart Pension Master Trust, one of the ‘big four’ UK auto enrolment master trusts, has announced that it is concluding a £165 million Series D funding round. Chrysalis...

Moderne Online-Versicherer: Weg von der Marke und hin zum Technologiepartner

Versicherer digitalisieren ihre Partnerschaften. In den letzten zwei Dekaden hat sich in der Technologie von Versicherungen viel verändert: Zahlreiche Gründungen von Insurtechs mit modernen und skalierbaren Technologielösungen bedienen ihre Kunden of...

Wealthtech Kaspar& Advances to Stage Two of Venture Kick’s Accelerator Programme

The St.Gallen based wealthtech startup Kaspar& announced that it has secured a seat in the second stage of Switzerland startup accelerator programme Venture Kick. Launched in 2017, Venture Kick offers a three stage funding model initiated to supp...

Physical Fintech Events are Back in Europe

As vaccination rollout continues and confidence begins to return, governments in Europe are starting to relax COVID-19 restrictions. Already, signs are showing that the event industry is inching back to the traditional in-person events that were the...

IDnow Notches Its Third Acquisition With French Regtech ARIADNEXT

IDnow, a German-based leader in identity verification-as-a-service solutions, announced that it has agreed to acquire ARIADNEXT, a French company specialising in remote identity verification and digital identity creation. With IDnow and ARIADNEXT joi...

JPMorgan Chase Set to Snap up 40% Stake in Brazilian Digital Bank C6

JPMorgan Chase has entered into an agreement for a 40% ownership stake in Brazilian digital bank C6 Bank for an undisclosed sum. Launched in 2019, C6 Bank has reportedly amassed more than 7 million customers on its digital platform. C6 Bank offers a...

Payoneer Finalises Merger With SPAC Company, Begins Trading on Nasdaq

Cross border payments specialist Payoneer announced that it has completed its merger with the FTAC Olympus Acquisition Corp. (FTOC), a special purpose acquisition company, to become a publicly traded company. As a result of this merger, a new public...