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PayTech News Europe 4 | Fintech InShorts: Latest fintech news, analysis by experts
Sunday, December 22, 2024

Tag: PayTech News Europe

American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner

Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner....

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure. The...

Nexi Group lands €220m financing from the EIB

Nexi Group Secures €220M Financing: Italian paytech Nexi Group received €220 million in funding from the European Investment...

Solaris to “discontinue major parts” of EMI business

Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its...

BIS’ Project Agorá to commence design phase with private sector participants confirmed

Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can...

Form3 bags $60m Series C extension with new investor British Patient Capital

Form3 closes a $60 million Series C extension with British Patient Capital as a new investor. Funding will...

Form3 bags $60m Series C extension with new investor British Patient Capital

Form3, a UK-based paytech, raised $60 million in a Series C extension round. British Patient Capital, a subsidiary...

Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard

Enfuce, a Finnish issuer processor, has partnered with Mastercard to expand its E2 card offering to Germany, France,...

McLEAR sunsets payment ring programme

Closure of RingPay Programme: McLEAR, a wearable tech company for payments, has announced the discontinuation of its flagship...

Revolut taps Visa Direct for cross-border business payments

Instant Card Transfer Launch: UK challenger bank Revolut is launching instant card transfer capabilities for its business customers...

Dutch paytech Adyen names Tom Adams as new CTO

New CTO Appointment: Tom Adams, a former executive at Cash App, has been appointed as the new CTO...