Remove FinTech Remove Multi-Currency Remove Underserved
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Pockit Acquires Monese and Consolidates Position as Leading Fintech for Financially Underserved

Fintech Finance

The British fintech company Pockit and the pan-European fintech Monese today announce that they have agreed terms for Pockit to acquire Monese, subject to Change in Control approval by the FCA, creating the leading fintech for the financially underserved and lower-middle-income consumers across the UK and Europe.

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Cross-border payments fintech Neo hits profitability after year of rapid growth

Fintech Finance

Neo, the cross-border payments and FX fintech, has today announced that the firm is now profitable as an increasing number of SMEs explore alternatives to banks for managing their international business needs. This has prompted company treasurers to diversify their banking pools and look to fintech providers as an alternative.

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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

Cross-border payment and FX fintech firm Neo is celebrating profitability – as an increasing number of SMEs explore alternatives to banks to manage their international business needs. Neo has been able to help businesses through its multi-currency account.

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BackD Introduces BRICS Stablecoins, Leading De-dollarisation 2.0 and Emerging Economy Empowerment

Fintech Review

BackD’s BRICS stablecoins—a digital currency ecosystem backed by the Dirham (AED), Rupee (INR), Ruble (RUB), and others—directly address these goals. By offering a stable financial infrastructure tied to each country’s currency, BackD supports economic resilience and stability, helping these nations build a future on their terms.

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Why This Chinese Unicorn is Betting Big on Southeast Asia’s B2B Cross Border Payment

Fintech News

Speaking to Fintech News Singapore during the Singapore Fintech Festival 2024, Bill Deng, Founder and CEO of XTransfer, shared the company’s future plans and growth strategy, including expanding its global footprint and obtaining licenses in additional jurisdictions. Today, 90% of our transactions are reviewed automatically.

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European Banks are Challenging Competitors With Cloud and AI Adoption

The Fintech Times

New research from Economist Impact supported by Temenos has revealed that almost half of European banks are investing in fintech start-ups while 36 per cent are building their own greenfield digital bank or fintech company. HSBC recently launched Zing , a new multi-currency payments app to compete with the likes of Wise and Revolut.

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WeLab and LightHub Apply for Virtual Banking Licence in Thailand to Improve Financial Inclusion

The Fintech Times

The Thai banking sector could have a new key player in the first half of 2025 as Lighthub Asset , a Thai fintech and WeLab , a pan-Asian fintech platform submit an application for a virtual banking licence with the Bank of Thailand. It will provide localised digital banking services to everyone, including the underserved.