In today’s FinTech news, Fiserv launches AppMarket to enable financial institution (FI) access to curated FinTech solutions. Plus, Rewire, a cross-border financial services platform targeting Africa and Asia migrants, partners with payments platform Paysafe to offer more options to consumers in the U.K.
Payments and financial services tech solutions provider Fiserv is rolling out a new AppMarket to offer extended access to FIs and payment solutions that can help them reach new customers and operate more efficiently and effectively.
Rewire, a cross-border financial services platform targeting Africa and Asia migrants, has partnered with payments platform Paysafe to offer more options to consumers in the U.K. and 16 countries in Europe. Rewire’s financial inclusion is rooted in access to remittance services, local payment accounts (IBAN), debit cards, cross-border family accounts, insurances, bill payments and more.
Pakistan’s National Institutional Facilitation Technologies (NIFT) is partnering with M10 Networks to facilitate digital B2B payments inside the country and improve cross-border transfers. Combined, both entities will move forward in response to last year’s overhaul of Pakistan’s tax laws by the nation’s Board of Revenue, requiring companies to make digital payments on expenditures greater than 250,000 rupees (about $1,300).
Home-buying platform Gravy is moving out of beta to further its goal of giving more renters an avenue to save money for their first home purchase. The startup is also planning to offer guidance on how to approach home buying. The startup launched out of beta with $2.6 million in seed funding.
FinTech service provider WEX introduced digital payment platform Flume to expedite payments for small- to medium-sized businesses (SMBs). The new service is designed to help the millions of SMBs with an annual revenue below $15 million.