Dutch financial services provider Mollie is acquiring UK bank payment company GoCardless. The deal, announced Thursday (Dec. 11), is designed to create a single provider of card payments, local methods and bank payments for more than 350,000 businesses. “Businesses scaling internationally or building recurring revenue...
Mastercard has launched a digital wallet partnership with money movement company TerraPay. This collaboration is designed to provide the latest in digital payment capabilities to Mastercard’s wallet partners, which include mobile money wallets, FinTechs and banks, the companies said in a Thursday (Dec. 11) news release. “Together, we’re...
England’s Starling Bank is reportedly considering the acquisition of another British lender. That’s according to a report Thursday (Dec. 11) from the Financial Times (FT), which characterizes this effort as an overhaul to the digital bank’s business model, letting it find a more profitable use for its 12 billion...
Enova International plans to acquire Grasshopper Bancorp and its wholly owned subsidiary Grasshopper Bank to create what it says will be a “stronger, more diversified financial services provider.” The $369 million transaction will combine Enova’s consumer and small business online lending capabilities with Grasshopper’s digital...
Uber has launched a collaboration with Shopify aimed at speeding delivery for merchants. The partnership makes Uber Direct available to Shopify Plus merchants in the U.S., Canada, and France, allowing them to embed delivery offerings into their checkout, Uber said in a Wednesday (Dec. 10)...
B2B commerce platform AppDirect has acquired vCom, an IT lifecycle management provider for midsize companies. The closure of the $100 million deal, announced Wednesday (Dec. 10), will see vCom’s offerings embedded with AppDirect’s recently launched unified lifecycle management platform. “Integrating vCom’s lifecycle management platform, Buyers’...
Philippines-based embedded banking platform Netbank has tapped Thredd to launch its Cards-as-a-Service (CaaS) solution. This solution will allow FinTechs, banks and eWallets to “rapidly deploy modern, flexible card issuing across both consumer and commercial segments,” Thredd said in a Wednesday (Dec. 9) news release. “The Philippines presents a dynamic growth...
Embedded banking provider ClearBank has launched a collaboration with foreign exchange (FX) and payments solutions company Finseta. The partnership, announced in a news release Tuesday (Dec. 9) is designed to deliver agency banking services supporting British pound (GBP) and multi-currency (MCCY) accounts. The partnership will...
Fifth Third Bank and Brex have partnered on a commercial card that will enable the bank’s commercial banking clients to access Brex’s intelligent finance platform. With access to the platform and the Fifth Third Commercial Card powered by Brex, these clients will be able to...