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Starling Bank Expands in Europe with B2B Banking and Payments Services
U.K. digital bank Starling announced plans to expand its banking-as-a-service (BaaS) solution. Starling launched its BaaS offering, Starling as a Service, in the U.K. in 2018. The company currently...
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Betterment Raises $160 Million With $1.3 Billion Valuation
Wealthtech company Betterment has boosted its total funding to $435 million after closing $160 million in growth capital this week. The funds include $60 million in Series F equity and a $100 million...
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MoneyLion and the Journey to SPAC
After finalizing the deal with special purpose acquisition company (SPAC) Fusion Acquisition Corp. this week, MoneyLion is now publicly traded on the New York Stock Exchange under the ticker symbol...
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Interac Acquires Rights to SecureKey Digital ID Services
Two Canadian fintechs have struck a deal this week. Payments network and digital ID provider Interac has agreed to acquire rights to digital ID and authentication provider SecureKey’s digital ID...
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Grab Takes Majority Stake in E-Payment Service OVO
Southeast Asia’s super app Grab is moving even further into the payment solutions space this week. The company has more than doubled its stake in e-wallet app OVO. Grab’s stake in Bumi Cakrawala...
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What’s Next for Holvi
Holvi began a new chapter earlier this year after company founder Tuomas Toivonen purchased the startup back from BBVA in February. Holvi, which provides banking tools for self-employed entreprenuers,...
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Seven Things to Know About the NFT Craze
Non-fungible tokens, better known as NFTs, have been making their way into mainstream culture this year. From “breeding” digital kitties to collecting NBA trading cards, the possibilities of buying...
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NatWest Acquires RoosterMoney
U.K. bank NatWest acquired children’s allowance-tracking app RoosterMoney this week. Financial terms of the deal are undisclosed. NatWest plans to integrate RoosterMoney’s Star Chart, Virtual Money...
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Stellar and Circle Help MoneyGram Tap the Power of Digital Assets
MoneyGram, a pre-digital P2P payments player, announced a collaboration this week that will send funds faster and offer consumers more options. The Texas-based money transfer company is partnering...
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EBA Clearing, SWIFT, and The Clearing House Partner for Cross-Border Payments
Three payments powerhouses have partnered this week in a movement toward fast and seamless cross-border payments. France’s EBA Clearing, Belgium’s SWIFT, and the U.S.’s The Clearing House (TCH) are...
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It’s Time to Watch Some FinovateFall Demos and Chill
Grab the popcorn. It’s time to watch some FinovateFall demos and chill. All 74 of this year’s live demos from FinovateFall 2021 are ready for your viewing pleasure. Simply check out the demo tab on...
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Billtrust Acquires iController for $58 Million
Accounts receivable automation firm Billtrust made its first acquisition since going public via a SPAC merger a year ago. The New Jersey-based company purchased collections management company...
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Coinbase to Launch NFT Marketplace by Year’s End
Cryptocurrency exchange platform Coinbase announced plans this week to launch its own NFT marketplace. Dubbed Coinbase NFT, the new marketplace will help users mint, purchase, showcase, and discover...
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SumUp Acquires FiveStars to Enter U.S. Market
Just days after relaunching its online store and appointing a new CEO for its European operations, point of sale (POS) technology provider SumUp announced the acquisition of customer loyalty startup...
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How One Fintech Firm is Responding to Promote Financial Health and Inclusion
When it comes to financial inclusion, it’s easy for some people to turn a blind eye. However, when banks and fintechs help to solve gaps in the current environment, there’s more potential to boost...
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Pagos Raises $10 Million to Build Payment Structure
Pagos, a startup that provides intelligent payment infrastructure for commerce, is placing its stakes in the payment space today. The newly-minted company landed $10 million in a round led by...
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India’s CRED Raises $251 Million for Credit Card Management Platform
CRED, the members-only credit card management platform that rewards users for paying their credit card bills, has landed $251 million in funding this week. The Series E round boosts the India-based...
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Zopa Raises $304 Million Ahead of IPO
Peer-to-peer lending platform and digital bank Zopa landed $304 million (£220 million) this week. The investment marks Zopa’s largest round to-date, and brings the U.K.-based company’s total funding...
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Currencycloud Taps Plaid to Streamline Account Funding
Global payments platform Currencycloud has teamed up with open finance network Plaid this week. Through the collaboration, the two will offer a joint solution to make it easy for U.K. banks and...
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11 of the Newest Insurtechs in the U.S.
Insurtech has already taken off across the globe. What’s more, the fintech subsector is finally beginning to heat up in the U.S. as consumers become increasingly comfortable with digital financial...
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