Sun.Mar 10, 2024

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‘Banking-as-a-Service’ startup Griffin raises $24M as it attains full banking license

TechCrunch Fintech

Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round. © 2024 TechCrunch. All rights reserved. For personal use only.

FinTech 131
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India's UPI comes to Nepal

Finextra

India's ambitions to take its Unified Payment Interface global has taken a step forward thanks to a link up with Nepal's Fonepay.

Payments 126
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Why does every startup want to help you get paid?

TechCrunch Fintech

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at the piping hot global payroll space, neobank Dave’s financial results and related stock boost, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. PT, subscribe here. The big story […] © 2024 TechCrunch.

Payroll 124
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OCBC Supports Women-Led Startups with Up to S$100,000 Financing

Fintech News

OCBC Bank has unveiled a SME programme set to launch in April 2024, aimed specifically at supporting women entrepreneurs in Singapore. The OCBC Women Entrepreneurs Programme offers a targeted approach to financing, enabling female-owned SMEs to expedite their business goals. Notably, startups led by women are eligible for up to S$100,000 in financing within their initial two years, with loan processing fees waived.

Finance 110
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Cisco Expands BBVA Partnership to Streamline the Bank’s IT Operations and Accelerate Transformation

The Fintech Times

Cisco has expanded its strategic partnership and signed a Whole Portfolio Agreement (WPA) with BBVA , the global financial services group, providing BBVA with faster access to Cisco’s comprehensive software and Customer Experience (CX) portfolio. BBVA now becomes the first EMEA-based financial services institution to sign a WPA with Cisco in Europe and Latin America.

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Indonesia’s Booming Digital Payments Drive Demand for Robust Mobile App Security

Fintech News

In the dynamic landscape of Indonesia’s digital revolution, the exponential growth of digital payments has generated an increased demand for robust mobile app security solutions. As financial institutions navigate the challenges of securing sensitive financial information and user data, a great responsibility emerges to safeguard both. Mobile app security is no longer an afterthought; it’s the cornerstone of trust and sustainable growth in the competitive financial industry.

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UOB Data Shows Increased Spending Power, Financial Savvy Among Singaporean Women

Fintech News

Recent data from the United Overseas Bank (UOB) highlights a significant increase in women’s economic influence in Singapore over the past five years, aligning with International Women’s Day celebrations. UOB’s analysis reveals a 70% surge in total billings for the UOB Lady’s Debit and Credit Cards from 2019 to 2023, with transactions more than doubling in the same timeframe.

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JB Financial Group Acquires Minority Stake in Vietnamese Investment App Infina

Fintech News

South Korea’s JB Financial Group has announced a strategic acquisition of a minority stake in Infina , a retail investing application based in Vietnam. Under the terms of the partnership, JB Financial Group will initially acquire 3.9 percent of Infina’s shares, with the potential to increase its stake to approximately 5 percent. This expansion is contingent on the success of the collaborative efforts between JB Securities Vietnam and Infina.