August 22, 2023
Europe’s Startups Stretched as VC Funding Falls 61% in First...

European startups are reportedly rethinking expansion amid a venture funding drought. As the Wall Street Journal reported Tuesday (Aug. 22), the struggle to find financing has become the norm for these companies...

August 22, 2023
Koverly Launches B2B BNPL Platform for International Trade

Koverly has unveiled its B2B buy now, pay later (BNPL) platform, offering businesses enhanced payment flexibility and reduced foreign exchange (FX) rates. The standout feature of the new KoverlyPay is the introduction of...

August 22, 2023
FIS Hires Former Walgreens Exec James Kehoe as New CFO

FinTech giant FIS Global has announced the appointment of James Kehoe as its new chief financial officer (CFO), who began his new role Monday (Aug. 21). Kehoe takes over from Erik Hoag,...

August 22, 2023
Report: African FinTech Flutterwave Planning an IPO

 Nigerian payments company Flutterwave is reportedly planning to go public. In an interview with Bloomberg News published Tuesday (Aug. 22), the company’s chief executive said it is moving forward with a planned initial public...

August 22, 2023
The 3 Things Every Successful Payments Method Must Have

The view may be better from the edge, but the experience is richer at the center. And for end-users, that is truer than ever when it comes to payments. “The...

August 21, 2023
Clara Launches Cross-Border Payments Service in Mexico

FinTech company Clara has reportedly launched a cross-border payments service in Mexico.  The service facilitates international transactions by allowing clients to pay bills in foreign currencies, Reuters reported Monday (Aug. 21). While the users...

August 21, 2023
M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up

The FinTech industry has experienced significant growth in recent years, but it is has not been immune to economic headwinds. In fact, rising interest rates, high inflation, and lower consumer...

August 21, 2023
Colendi Gets Approval to Launch Digital Bank in Turkey

Turkish FinTech Colendi says it’s set to launch the country’s first digital deposit bank. That announcement came Monday (Aug. 21), after Colendi received approval from the Turkish Banking Regulation and Supervision Agency (BRSA). “As Turkey’s...

August 21, 2023
Goldman Exploring Sale of Personal Finance Unit

Goldman Sachs could sell its personal financial management business as it moves away from retail banking. “We see continued opportunities to invest in this segment but with less strategic impact to...