Banking
HSBC Shuts Down Wise Competitor Zing
HSBC discontinues Zing, its currency conversion app, after a year, citing strategic realignment and cost-cutting measures.Highlights:Strategic Closure: HSBC shuts down Zing, its currency...
Banking
Sweden’s Open Payments Raises €3 Million in Latest Funding Round
Open Payments secures €3 million to advance B2B open banking solutions, led by Alfvén & DidriksonHighlights:Funding Round: Open Payments raised €3 million in...
Banking
Checkout.comTargets Full-Year Profitability in 2025 with 45% Revenue Growth
Payments processor aims for profitability in 2025 after a strong 2024 performance, with significant revenue growth and client expansion.Highlights:45% Year-on-Year Revenue Growth: Checkout.com...
Banking
Amazon to Acquire Indian BNPL Startup Axio
E-commerce Giant Expands Financial Services with $150 Million Deal
Highlights:$150 Million Deal: Amazon agrees to acquire Axio for over $150 million.
Six-Year Partnership: Amazon...
Banking
NomuPay Raises $37 Million to Unlock Asian Markets
Dublin-based Fintech Expands Unified Payments Platform Across Asia
Highlights:$37 Million Fundraising: NomuPay completes third investment round, bringing total funding to nearly $90 million.
Unified...
Banking
Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach
Mambu Acquires Numeral: Dutch core banking technology provider Mambu has acquired French paytech Numeral to enhance its payment solutions and expand market reach....
Banking
Cardstream Appoints Gurinder Sumra as CFO to Drive Growth
UK-based paytech Cardstream has named Gurinder Sumra as its new chief financial officer (CFO).
With over 30 years of experience in financial services,...
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