Retail banking - Announcements, News, Articles & Research: Finextra

QI Tech becomes new LatAm fintech unicorn in Series B extension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

7 hours

/retail

Liz Oakes appointed to UK government Financial Policy Committee

Liz Oakes has been appointed and Carolyn Wilkins has been reappointed as external members of the Financial Policy Committee (FPC), the Chancellor of the Exchequer, Jeremy Hunt, has announced today (25 April 2024).

9 hours

/retail

Enigmatic Smile acquires Fidel API's loyalty business

Fidel API Holdings Limited (“Fidel Limited”), the holding company of Fidel API, a fintech transaction infrastructure platform, has completed an asset sale of its loyalty business to Enigmatic Smile (“ES”), a global reward technology facilitator.

9 hours

/retail

FastSpring adopts Pix for SaaS payments with Ebanx

The leading merchant of record for global SaaS and software companies, FastSpring and EBANX, a global technology company specializing in payments for rising markets, announce today a partnership to enhance users’ payment experience within FastSpring’s product suite in Latin America through local payment method Pix.

10 hours

/retail

Hitachi launches India's first upgradable ATM

Hitachi Payment Services, India’s leading payments and commerce solutions provider, today announced the launch of the country’s first Upgradable ATM.

12 hours

/retail

Payhawk joins American Express Sync Commercial Partner Programme

Payhawk, a global spend management solution for domestic and international businesses throughout the U.S., U.K., and Europe, today announced a new integration with American Express to offer U.S. Business and Corporate Card Members the ability to issue virtual cards with built-in spend controls and manage business spend globally – all while earning the rewards of their eligible American Express Card when making virtual Card payments.

13 hours

/retail

Coffee shop payments startup Dripos raises $11 million

Dripos, a comprehensive software platform built specifically for coffee shops, is thrilled to announce its $11 million Series A funding round, led by Base10.

13 hours

/retail

Splitwise to offer Pay by Bank with Tink

Splitwise, a popular app for sharing bills and expenses, and Tink have partnered to bring Pay by Bank to Splitwise users.

13 hours

/retail

Newbury Building Society rolls out new mobile app

Newbury Building Society has partnered with Sopra Banking Software (SBS), a leading technology partner to more than 1,500 financial institutions worldwide, to further bolster its digital capabilities thanks to the Sopra Banking Platform.

13 hours

/retail

Embedded finance risks in the spotlight as losses run into the millions

Elmore, a leading insurance provider to the fintech community in Europe, is highlighting today the risks to the embedded finance market, which has been forecast by PWC to grow fivefold, from US$54.3 billion in 2022 to US$248.4 billion, by 2032.

14 hours

/retail

Qred to offer Sweden’s highest interest on saving accounts with bank guarantee

Qred, Europe’s newest bank and one of Sweden’s fastest growing companies, announces the expansion of its product offering to include savings accounts for individuals in Sweden.

14 hours

/retail

Sovos joins Digital Business Networks Alliance

Sovos, the always-on compliance company, announced that it has aligned with the Digital Business Networks Alliance (DBNAlliance) as an early member, marking a significant milestone in the initiative's development.

15 hours

Company updates