With Klarna’s IPO on the horizon and a major DoorDash deal in its pocket, the BNPL leader is stirring hope for more fintech listings, including Ebury. Klarna: The BNPL Pioneer Making Headlines Again Klarna, the Swedish Buy Now, Pay Later (BNPL) giant, has long been a disruptor in the payments industry, offering flexible installment plans […]
Author Archives: BooBee
INFINOX is proud to welcome Aditya Singh as the new Head of Product and Strategy, joining the firm as part of its refreshed senior management team driving the company’s next phase of growth. With over a decade of experience in the fintech and trading space, Aditya brings deep expertise in institutional strategy, product development, and […]
Global Payments is expanding into merchant services with the acquisition of Worldpay for $24.25 billion. The move is part of a complex three-way transaction involving private equity firm GTCR and former parent FIS. According to the company’s announcement, the transaction combines two major players in digital payments and transforms Global Payments into a merchant-focused company. […]
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Digital banking platform FINOM has named two new executives to its leadership team as part of its European operations development. The Amsterdam-headquartered company appointed Kristjan Kaar as Chief Product Officer (CPO) and Elke Karskens as Chief Marketing Officer (CMO). FINOM Announces Executive Team Changes for European Operations Kaar joins FINOM from OakNorth Bank, where he […]
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Foreign exchange and payments solutions provider Finseta (LSE: FIN) reported strong financial performance for 2024. Underlying revenue climbed 26% to £11.3 million as the company expanded its customer base. Finseta Reports 26% Revenue Growth in 2024, Driven by Customer Base Expansion The London-listed fintech firm saw its active customer count rise to 1,059 from 906 […]
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The Dutch banking provider Finom has secured $105 million (€92 million) in growth funding from General Catalyst’s Customer Value Fund, the company announced today (Wednesday). The investment will support FINOM’s customer acquisition strategy across Europe without diluting existing shareholders. FINOM Raises $105 Million to Fuel European Expansion This funding comes more then a year after […]
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The UK Financial Conduct Authority (FCA) has announced plans to remove the £100 contactless payment limit. This move will allow businesses and consumers more flexibility. The decision follows the success of digital wallets with biometric logins, which currently bypass the limit. The FCA’s plan is influenced by the experience in the US. FCA Plans Open […]
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May
Falcon Finance, a next-generation synthetic dollar protocol backed by DWF Labs, announced it has surpassed $350 million in circulating supply of its overcollateralized digital asset, USDf. This milestone underscores the protocol’s rapid ascent within two weeks from public launch as a credible, transparent, and scalable solution for on-chain dollar demand. The announcement follows a strong […]
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The payments industry in Cyprus has a new entrant: Finera, which has launched as a payment orchestration platform, Finance Magnates has learned. The company is already offering the technology to a diverse portfolio of companies. Targeting Businesses of “All Sizes” According to its website, the company aims to offer businesses of all sizes secure, scalable […]
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Ecommpay, a global payments platform, has introduced a new design tool aimed at enhancing the payment experience for merchants. This tool, known as the Payment Page Designer, allows businesses to customise various aspects of their payment pages. Earlier, in a related development, Ecommpay entered a strategic partnership with MetaQuotes, the company behind MetaTrader trading platforms. […]