Tag : Payment Institution

Nium Expands Operations in Latin America, Accelerating Global Real-time Payments in the Region
Finance Fintech News

Nium Expands Operations in Latin America, Accelerating Global Real-time Payments in the Region

PR Newswire
by PR Newswire0
Focus on the region includes new customers, license applications and strategic partnerships Nium, the global leader in real-time cross-border payments, is strengthening its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. This continued expansion is a step towards Nium’s commitment......
Nuvei agrees to acquire licensed Payment Institution in Brazil
Finance Fintech News

Nuvei agrees to acquire licensed Payment Institution in Brazil

PR Newswire
by PR Newswire0
Proposed acquisition represents significant milestone in global expansion strategy and further strengthens Nuvei’s presence in LATAM Nuvei Corporation, the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. (“Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil.......
UK Fintech TangoPay Selects ThetaRay AI Solution to Monitor Global Remittances
Digital Payments News

UK Fintech TangoPay Selects ThetaRay AI Solution to Monitor Global Remittances

Business Wire
by Business Wire0
SONAR, ThetaRay’s AI-powered AML solution, will enable TangoPay to embed trust in cross-border payments and grow its business while reducing risk TangoPay an Authorized Payment Institution based in the UK, and ThetaRay, the leader in next-generation AI-powered secure global payments, announced they will collaborate to protect TangoPay’s global payments platform from......
Brazilian Fintech CloudWalk Surpasses US$ 100 million ARR and Reaches Centaur Status
Digital Payments Fintech News

Brazilian Fintech CloudWalk Surpasses US$ 100 million ARR and Reaches Centaur Status

Business Wire
by Business Wire0
The fintech’s annualized net revenue in March was US$ 138 million, reaching the Centaur Status, referring to businesses that surpass the US$ 100 million mark in annual recurring revenue (ARR) CloudWalk, the Brazilian fintech which provides payment solutions for small and medium-sized businesses, posted impressive gains in product growth, revenue,......
Fintech Projected to Become a $1.5 Trillion Industry by 2030
Fintech News

Fintech Projected to Become a $1.5 Trillion Industry by 2030

PR Newswire
by PR Newswire0
Asia-Pacific Is Poised to Outpace the US, Becoming the World’s Largest Fintech Market by 2030, According to New Report Financial technology revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a new report released today by Boston Consulting Group (BCG) and QED Investors. The fintech sector, which currently holds a......
Brazilian Digital Bank Sees ChatGPT as an Ally in the Four-Day Week
Fintech News

Brazilian Digital Bank Sees ChatGPT as an Ally in the Four-Day Week

PR Newswire
by PR Newswire0
Since its launch, ChatGPT has attracted the attention of professionals from several fields. Efí, one of the major Brazilian fintechs, has gone further and started to use the system to optimize processes. A fan of the slimmed-down, four-day work week, the company has identified a reduction of up to 40%......
Genesis Bank Announces Launch of Escrow Division
Digital Payments News

Genesis Receives In-Principle Approval from Monetary Authority of Singapore for Major Payment Institution License

Fintech News Desk
by Fintech News Desk0
Genesis, a digital asset prime brokerage, announced that Genesis Asia Pacific Pte. Ltd. (Genesis Asia Pacific) has received in-principle approval by the Monetary Authority of Singapore (MAS) for a Major Payment Institution license. This makes Genesis Asia Pacific one of a handful of Singapore-based digital payment token service providers who......
GreenBox Acquires Roark Holdings, Expanding Operations into United Kingdom
Blockchain News

GreenBox Acquires Roark Holdings, Expanding Operations into United Kingdom

Fintech News Desk
by Fintech News Desk0
GreenBox POS, an innovative blockchain ledger fintech company, announced it has entered into a binding agreement to acquire Roark Holdings Ltd, a United Kingdom based licensed payment institution, in an all-stock transaction for 150,000 shares. Roark Holdings T/A Paysos.com is a respected UK payment institution which allows the licensor to......
EasyTransfer Partners with Tencent Financial Technology to Provide Online Tuition Payments for Overseas Chinese Students
Digital Payments Fintech News

EasyTransfer Partners with Tencent Financial Technology to Provide Online Tuition Payments for Overseas Chinese Students

Fintech News Desk
by Fintech News Desk0
900 million users are now able to make overseas tuition payments online in 3 minutes on the new official WeChat mini program, WeRemit Tuition Pay Studying abroad just got easier for hundreds of thousands of Chinese students thanks to a new partnership between EasyTransfer, Tencent Financial Technology and payment platform Tenpay, subsidiaries of Tencent......
Dock Acquires Brazilian Banking-as-a-Service Provider BPP, Strengthening Its Position as the Leading Payments and Digital Banking Technology Platform in Latin America
Banking Digital Digital Payments Fintech Mobile Banking News

Dock Acquires Brazilian Banking-as-a-Service Provider BPP, Strengthening Its Position as the Leading Payments and Digital Banking Technology Platform in Latin America

Fintech News Desk
by Fintech News Desk0
The acquisition, subject to the approval of the Central Bank of Brazil, enables Dock to leverage BPP’s direct integrations with the Brazilian interbank systems (SPB and SPI), enhancing its full stack Banking-as-a-Service (BaaS) offering, which includes card issuing, digital accounts, acquiring and more. BPP was the first BaaS provider in......
1