Financial technology company Wise (LSE: WISE) reported strong performance in the third quarter of fiscal year 2025 (FY25). Cross-border transaction volumes reached £37.8 billion. This marks a 24% increase from the previous year, driven by an expanding customer base and a growing adoption of its digital payment services. Wise Reports Q3 Growth with 24% Surge […]
Category Archives: Payments
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May
Funded trading has become a ubiquitous offering in the retail space, helping empower traders of all levels of expertise. With more opportunities than ever before, many traders are opting to join funded trading programs, necessitating the need for reliable providers. Finance Magnates checked in with Axi Select for their take on its growing free funded […]
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May
Revolut and Visa take on the UK Payment Systems Regulator over proposed caps on interchange fees, arguing that innovation and competition are at stake. Revolut and Visa Take a Swing at the UK Regulator When it comes to shaking up the financial sector, Revolut has never been one to shy away from a fight. Now, […]
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May
May
As Revolut gears up to become a fully licensed UK bank, it’s on a hiring spree, aiming to transition from a disruptor to your primary banking partner. Revolut’s Recruitment Rampage: Staffing Up for Banking Glory Revolut, the fintech darling that made traditional banks sweat with its sleek, app-first approach, is now playing an even bigger […]
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May
Mastercard is phasing out manual card entry for one-click online payments, according to a statement by the card payment giant today (Wednesday). According to the company, while in-store transactions have become nearly effortless with contactless payments, online shoppers still type in their 16-digit card numbers, expiry dates, and security codes. Mastercard aims to change this […]
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May
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 […]
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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May
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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May
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 […]