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PYMNTS
JUNE 7, 2019
In the banking sector last month, Santander introduced trade finance functionality onto its mobile banking app Asto, designed for small businesses. It also supports invoice generation and submission, as well as the ability for users to access capital against unpaid invoices.
Fintech Finance
MAY 29, 2024
Turkey’s leading fintech, which has reached 20 million users, Papara acquires SadaPay , expanding into South Asia through the 100 percent purchase of the company. and mobile banking users by 30.2% The post Papara Acquires SadaPay appeared first on Fintech Finance.
52 
Finextra
OCTOBER 9, 2024
Pockit, a UK fintech that provides financial services to low-income and underserved customers, has agreed terms to acquire struggling mobile banking outfit Monese.
81 
PYMNTS
JUNE 18, 2018
Finastra , the FinTech company, announced Monday (June 18) that it has acquired Malauzai , a provider of mobile and internet banking solutions for community financial institutions (FIs). retail and business banking sectors by further enabling digital transformation for community banks and credit unions around the U.S.
The Fintech Times
OCTOBER 31, 2024
SHOPLINE will leverage Unlimit’s portfolio of more than 1,000 global payment methods and card acquiring services to help Chinese merchants seamlessly process customers in other APAC countries and new markets, like LatAm, Europe, the UK as well as Africa.
59 
The Paypers
MAY 5, 2023
US-based digital bank Greenwood has acquired Kinly , a mobile banking platform targeting underserved communities, for an undisclosed amount, according to Fintech Global.
36 
PYMNTS
JUNE 25, 2019
Community financial institution (FI) Cross River Bank is acquiring Seed , a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24). Cross River Bank has partnered with a range of FinTech startups since its 2008 launch, including collaborations with Stripe , Coinbase and Affirm , reports said.
Finextra
DECEMBER 10, 2024
Mobile banking firm MoneyLion has agreed to be acquired by tech group Gen Digital in a $1 billion cash deal.
Payments Source
FEBRUARY 5, 2018
Urban FT has acquired Digiliti, a troubled developer of mobile banking app technology, and will integrate its services into its white-label banking platform.
Fintech News
APRIL 24, 2025
It offers services like digital banking, financing, investment, and insurance brokerage, focusing on customers in emerging markets. It also runs Asetku, an online wealth management service, and Neobank, a mobile banking service backed by Bank Neo Commerce. Dana Valuation: $1.3 Company Valuation ($) Segment PhonePe 12.6
128 
PYMNTS
SEPTEMBER 23, 2016
Nine years after the introduction of the iPhone to the market — and the subsequent great mobile leap forward — the verdict is pretty much in on mobile banking applications: Consumers like it, verging on loving it, and are eager for more of it.
Fintech Labs Insights
MAY 12, 2015
The company is demonstrating how it incorporated beacon technology into its mobile banking app. Digital Insight is illustrating the use of beacons within its mobile banking app. Metrics: Digital Insight has a customer base of approximately 900 financial institutions, 12M online banking and nearly 4.8M
PYMNTS
JUNE 13, 2017
After two years of difficulty navigating a rapidly evolving mobile banking environment — long-struggling U.K. financial services firm Monitise has at last found a buyer. Fiserv has offered to buy out the 400-hundred person firm at a price of 2.9 pence per share, valuing the company at £70 million ($88 million).
49 
PYMNTS
NOVEMBER 26, 2020
"Not only is it innovative in how it works but it provides clients with an instant snapshot of their cashflow, meaning they don’t need to wait around for money to clear from acquirers or wallet services," he said in the Nov. 25 statement. The service will be launched only in the U.K. initially, the release says.
PYMNTS
APRIL 21, 2020
LendingClub, for example, bought a digital bank, and SoFi has acquired a digital payment processing company. The challenger banks and FinTechs, of course, trace their genesis to an era where the cloud was readily available, and (so far) they have a competitive technological advantage over their larger, older, traditional brethren.
83 
PYMNTS
OCTOBER 31, 2018
mobile-only bank, now has a valuation of $1.3 Reuters , citing Monzo, reported the mobile bank said Wednesday (October 31) that it raised 85 million pounds — and as a result, has a valuation of more than $1 billion. Monzo , the U.K. billion, pushing the startup into unicorn status.
61 
Finovate
AUGUST 9, 2024
Digital wallets and payment apps remain the most popular mobile fintech apps, with mobile banking apps making a strong second place showing. One area of particular growth is lending apps, which increased their share of mobile fintech apps from 1% to 5% between 2019 and 2024.
Payments Source
SEPTEMBER 13, 2016
Payment processor and financial services technology provider Jack Henry & Associates has integrated its Banno Mobile application into its bank and credit union core platforms to streamline access to mobile banking, bill payment and person-to-person payments.
76 
Fintech News
JUNE 3, 2024
The firm’s portfolio also includes other notable companies such as Ruangguru, Sirclo, Kudo (acquired by Grab), Loket (acquired by Gojek), Tech in Asia, Xendit, IDN Media, MokaPOS (acquired by Gojek), ShopBack, KoinWorks, Waresix, and Sociolla. and supply chain financing solution provider Kawan Cicil.
117 
CB Insights
OCTOBER 21, 2018
Top Acquisition: iZettle was acquired by PayPal in Q2’18 for $2.2B, more than double what the company was seeking to raise in a planned initial public offering. Personal Finance & Mobile Banking. Personal Finance & Mobile Banking. Personal Finance & Mobile Banking. Clarity Money.
78 
PYMNTS
DECEMBER 12, 2018
Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts.
84 
PYMNTS
NOVEMBER 17, 2020
Mastercard’s $825 million move to acquire Finicity, which provides access to financial data in real time, is inching ahead after the deal gained the approval of federal regulators. Germany's Razor Group, which works to acquire and scale Amazon brands, has raised 25 million euros (about $26.7 million) in a new funding round.
52 
Payments Source
MARCH 15, 2016
NFC mobile payments continue to grab headlines, but to really drive uptake and ensure full market coverage, combining contactless cards with next-gen mobile banking apps is surely the right way to go for new banks.
The Paypers
JULY 28, 2023
Fintech company offering credit, mobile banking, and payment products Upgrade has announced the acquisition of Uplift , a Buy Now, Pay Later (BNPL) provider for travel.
36 
Fintech Finance
FEBRUARY 26, 2025
By leveraging our robust technology stack and deep understanding of local market needs acquired over a decade of operations, we aim to create an inclusive digital payments ecosystem that serves everyone from street vendors to large enterprises, said Saad Niazi, the co-founder and CEO of Wemsol Ltd.
PYMNTS
FEBRUARY 28, 2020
The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Deep Dive: Digital-First Banking Brings Benefits As Well As Challenges.
PYMNTS
MAY 22, 2019
In banking, the customer journey, of course, begins with the first steps involved in setting up a relationship — offering up names, addresses, Social Security numbers (SSNs) and a wealth of other data to set up accounts. and acquire more customers. However, that’s a process that needs to keep up with the times.
PYMNTS
JANUARY 18, 2019
Zelle’s growth, of course, has the tailwinds of being integrated with the consumer’s mobile banking app – one of the stickiest applications that a consumer has because it is one of the most used. The company recently boosted rates it pays on the accounts, so might we expect more torque in the banking giant’s consumer business?
63 
PYMNTS
APRIL 30, 2019
During the conference call with analysts, Fiserv CEO Jeff Yabuki and CFO Robert Hau took note that despite the fact that the Justice Department had followed up with requests for more documentation related to Fiserv’s $22 billion pact to acquire First Data, the timeframe is still in place for a second-half closing. million subscribers.
68 
PYMNTS
DECEMBER 6, 2016
So, established banks have to think differently about what it takes to enter the race and win it. That race is all about acquiring and engaging a digitally savvy customer who wants a different experience from their bank.
94 The Paypers
OCTOBER 10, 2016
(The Paypers) After acquiring Groupama Banque, Orange , a telecommunications company, has announced plans to roll out mobile banking services in France in 2017 via Orange Bank.
PYMNTS
AUGUST 22, 2019
It [pushed] us at Key to build a design center that we never had before. … [It] pushes us to buy … and acquire technology companies,” he said. Legacy banks would do well to have strategies to work with challenger banks and FinTechs, or even acquire them.
Segpay
SEPTEMBER 24, 2024
There is also a premium charge from the card brands and our acquirers to process transactions specifically in the adult market, making it more costly for all of us. During the checkout process on a merchant’s website or app, the customer selects a pay by bank method and is directed to a list of banks.
105 The Paypers
FEBRUARY 2, 2017
(The Paypers) Social Finance , known as SoFi, has announced the acquisition of mobile-banking startup Zenbanx.
28 
Fintech Review
APRIL 11, 2025
This includes services like mobile banking, peer-to-peer payments, investment platforms, and blockchain applications. Banks acquire or partner with fintech startups to accelerate innovation. Fintech, or financial technology, is the integration of technology into financial services.
52 
PYMNTS
JUNE 30, 2020
Payments credit union service organization (CUSO) PSCU has acquired payment solution firm Primax , according to a press release. PSCU president and CEO Chuck Fagan said PSCU and Primax shared many of the same values. and the Caribbean, the press release adds. Primax president and CEO Ted Keith Jr.
52 
Fintech Finance
MAY 1, 2024
It also allows banks, lenders, fintech companies and e-wallets to offer installments to their customers without requiring additional merchant integration, making it a unique proposition in the market. Mastercard Installments enables shoppers to digitally access installment offers, pre-approved through their bank’s mobile banking app.
52 
PYMNTS
SEPTEMBER 27, 2018
For instance, earlier this year, Visa announced its investment in mobile banking and payment solutions provider YellowPepper. That has important implications for acquirers, banks, aggregators, payment networks and gig economy players across the region. Latin American Progress.
71 
PYMNTS
FEBRUARY 3, 2020
AmEx acquired InAuth after first becoming a customer and investor. division of Monitise , where she hosted a mobile banking and payments platform for banks and credit unions. . She has more than 20 years of payments and digital security experience. . Before InAuth, Stanton was the founder of the U.S.
PYMNTS
JUNE 6, 2019
Step builds mobile banking services for teens who are more comfortable with smartphones than bank visits. We want to be their first bank accounts with spending cards, but we also want to teach financial literacy and responsibility. His last venture, the mobile loyalty card app Gyft , was acquired by First Data.
46 
PYMNTS
FEBRUARY 1, 2018
One, called Moven Enterprise, will be the software company that makes banking software for TD Bank and Westpac and will be part of the Japan joint venture. The other will be Moven’s mobile bank, MovenBank. The financial institution (FI) is currently acquiring a bank in the U.S.
43 
Fintech News
MARCH 6, 2024
The bank uses analytics on real-time payments data and risk-management systems to analyse more than 3,000 variables when issuing loans. XW Bank XW Bank is the third bank in China to acquire a license to operate as a digital-only bank and is backed by New Hope Group and Xiaomi Corporation, the Chinese smartphone maker.
CB Insights
MARCH 8, 2018
Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents. First Name.
PYMNTS
OCTOBER 7, 2019
In July, NCR , a global enterprise technology company for restaurants, retailers and banks, acquired D3 Technology, an online and mobile banking specialist. NYMBUS, a provider of cloud-based core technology for financial institutions, was founded by Scott Killoh in 2015.
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