Company Statements
Cards & Payments
Revolut launches Apple Pay for customers across Europe
Revolut's 4.9 million customers across the continent are now able to link their accounts to Apple Pay and create a virtual card for their digital wallets
Challenger bank Revolut has today launched Apple Pay compatibility for its customers in 16...
Banking
Ripple launches operations in Brazil
Blockchain payments firm Ripple has launched its operations in Brazil to expand its presence in the South American region.
The blockchain-based solutions provider has roped in fintech entrepreneur and executive Luiz Antonio Sacco as managing director to build the Ripple...
Company Statements
Vision 2030 enables Saudi Arabia’s public sector to drive digital Transformation
Riyadh to host Government DX Summit on 5-6 November 2019.
Digital transformation (DX) will remain a prime objective for the public sector with the entrants of new technologies steering away legacy systems providing value potentials, ease, convenience and improved methods...
Banking
Airwallex confirmed as latest fintech unicorn following Series C fundraising
Airwallex confirms unicorn status following a successful Series C fundraising round of $100m USD, valuing the company at over $1bn USD.
Airwallex’s Series C fundraising was led by DST Global, which has previously backed internet giants Facebook, Airbnb and...
Americas
Bank of America Merchant Services to provide payment processing for Sezzle
Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, announces that it has been chosen by Sezzle to be their digital card processor for the rapidly growing fintech company and its clients.
Sezzle will use Bank...
Asset Management
Invesco acquires asset manager Oppenheimer Funds from MassMutual
Invesco, a US investment management company, has completed acquisition of global asset manager OppenheimerFunds from Massachusetts Mutual Life Insurance (MassMutual).
The acquisition of OppenheimerFunds has expanded the total assets under management (AUM) of Invesco to $1.2trillion (£0.94trillion).
OppenheimerFunds was acquired by...
Company Statements
NatWest to pilot UK’s first intelligent cash management system with automated account crediting
NatWest and G4S are working together to pilot the UK’s first intelligent cash management solution for businesses later this year.
This innovative and secure cash solution enables businesses to benefit from automated account crediting of its cash transactions without having...
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