Search Results for: online banking services

Buy Now, Pay Later License in Pakistan Granted to QisstPay by SECP
Fintech News

First-Ever Buy Now, Pay Later License in Pakistan Granted to QisstPay by SECP

Fintech News Desk
The Securities and Exchange Commission of Pakistan (SECP) on 21 December 2021 awarded QisstPay, a Buy Now, Pay Later (BNPL) license, the first ever BNPL License in Pakistan. This license of a Non-Banking Finance Company (NBFC) is the first of its kind given by the SECP to a new Fintech concept that opens up Pakistan for massive......
Vejii Announces Definitive Purchase Agreement to Acquire VEDGEco USA Inc.
B2B News

Vejii Announces Definitive Purchase Agreement to Acquire VEDGEco USA Inc.

Fintech News Desk
This acquisition will enable Vejii to expand its offerings to include B2B wholesale distribution through grocery and foodservice channels for plant-based brands through VEDGEco.com Vejii Holdings Ltd., a North American online marketplace for plant-based and sustainable products, is pleased to announce that it has entered into a share purchase agreement to......
Double Bottomline Completes the Purchase of Community Savings Bancorp and Community Savings
Banking News

Double Bottomline Completes the Purchase of Community Savings Bancorp and Community Savings

Fintech News Desk
Double Bottomline Corp. has completed the purchase of Community Savings Bancorp, Inc., and its wholly-owned subsidiary, Community Savings, a federal savings association. The final aggregate merger consideration for the transaction was $9.5 million, which will result in the payment of $23.44 per share in cash to the shareholders of CCSB common stock.  It......
e-Commerce Platform Brikl Closes New Funding Round Aimed at Hypergrowth
E-commerce News

e-Commerce Platform Brikl Closes New Funding Round Aimed at Hypergrowth

Fintech News Desk
Brikl, the world’s leading MicroStore e-commerce software platform for custom and promotional businesses and suppliers, has announced that it has secured additional funding from Saffelberg Investments. Brikl was founded in 2016 in Belgium and has offices in Europe, the US and Thailand. Saffelberg Investments is an early-stage venture capital firm with a USD 400 million capital......
Next Century Ventures, the Venture Capital Arm of NEXEN TIRE, Announces Its Inaugural Investment in ANRA Technologies
Investment Services News

Next Century Ventures, the Venture Capital Arm of NEXEN TIRE, Announces Its Inaugural Investment in ANRA Technologies

Fintech News Desk
The newly formed venture capital firm to proactively identify and invest in innovative technologies Next Century Ventures (NCV), the corporate venture capital fund of NEXEN TIRE, announced that it has invested in ANRA Technologies, the forerunner of air traffic control and commercial solutions in the Urban Air Mobility (UAM) industry,......
SimplyCash Increases Credit Accessibility to Credit-Deserving Indians
Lending News

SimplyCash Increases Credit Accessibility to Credit-Deserving Indians

Fintech News Desk
As India continues to evolve and grow as an economy, financial inclusion has become extremely important to the country. This entails providing affordable and accessible financial services to a wider bandwidth of people across the social spectrum. That is exactly what new-age fintech lenders like SimplyCash have managed to accomplish. Leveraging cutting-edge technology, instant personal......
LexinFintech Receives Corporate Commitment Certificate from The Asian Banker for Outstanding ESG Efforts
Business Finance News

LexinFintech Receives Corporate Commitment Certificate from The Asian Banker for Outstanding ESG Efforts

Fintech News Desk
LexinFintech Holdings Ltd., a leading online consumption and finance platform in China, has received the Wealth and Society Corporate Commitment Certificate from The Asian Banker’s Global Wealth and Society Corporate Commitment Certification Programme 2021. The certificate comes as an important international recognition for Lexin’s outstanding environmental, social, and governance (ESG) efforts, including......
Goldman Sachs Investment Banker Elisa Biava Joins Media Tech Excerp
Finance Investment Services News

Goldman Sachs Investment Banker Elisa Biava Joins Media Tech Excerp

Fintech News Desk
Elisa Biava joins Excerp as Head of Corporate Development Excerp, a media tech platform within the online written content industry, has announced another key hire. Elisa Biava is the latest addition to the team as Head of Corporate Development, responsible for identifying, planning and executing the company’s growth opportunities. “I am truly......
Vroom Announces Amendment of Floorplan Commitment from Ally Financial
E-commerce News

Vroom Announces Amendment of Floorplan Commitment from Ally Financial

Fintech News Desk
Vroom, Inc., a leading ecommerce platform for buying and selling used vehicles, announced an amendment to its inventory financing agreement with Ally Financial Inc., a leading digital financial services company, to increase the line of credit to $700 million, up from $450 million previously. Ally’s extension of additional financing supports......
Equifax First to Formalize Inclusion of 'BNPL' Payment Information in Consumer Credit Reports
Digital Payments News

Equifax First to Formalize Inclusion of ‘BNPL’ Payment Information in Consumer Credit Reports

Fintech News Desk
Addition of BNPL Credit Data to Consumer Files Has Potential to Expand Access to Credit for Individuals with Limited Credit History Equifax is furthering its commitment to expand access to credit by making ‘Buy Now, Pay Later’ (BNPL) payment information part of credit reports, as identified by a new business industry......
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