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Lithuania, EU’s Fastest Growing Fintech Hub Sees ‘Evolutionary’ Shift Away From Banks
Lithuania, the European Union’s fastest-growing fintech hub, is seeing an “evolutionary” shift away from traditional banks with surging transactions for e-money and payment companies. The Baltic country, whose financial industry is dominated by Nordic lenders like SEB Bankas AB and Swedbank AB, joined the global push to shakeup traditional banking four years ago by offering simplified, fast licensing […]
BUNA continues to grow its diversified set of innovative solutions and announces plans to launch instant payments and trade finance
Abu Dhabi and London, March 30, 2021 – Buna, the cross-border and multi-currency payment system owned by the Arab Monetary Fund, has announced that it has plans to launch instant payments, in addition to trade finance solutions, securities settlement and ATM/ POS processing service, at a later stage. This growing list of innovative solutions will […]
IXOPAY Partners with Vyne
Vienna/London, March 30, 2021: The industry leading payment orchestration platform, IXOPAY has partnered with Vyne, the go-to payment provider for Open Banking. The strategic partnership will see IXOPAY and Vyne provide clients with a payment solution that enables them to connect to the most relevant payment methods for the markets they sell in. Clients will […]
Practical Data Ethics — How You Can Make Your Data Work More Ethical
As a junior data professional, getting your company to implement ethical approaches can feel as daunting as climbing a mountain. But there are some ways you can make it easier!
Blockchain.com raises $300 million
Cryptocurrency wallet provider Blockchain.com has secured $300 million in a Series C funding round that values the London-based company at $5.2 billion.The capital injection was led by partners of DST Global, Lightspeed Venture Partners, and VY Capital. It comes just over a month after the firm raised $120 million in funding from a host of […]
U.S. Fintech Pilot Increases Series C Investment Round’s Funds to $100 Million
Pilot, a U.S.-based fintech that specializes in back office services for startups and small businesses, announced on Friday it raised a total of $100 million through its Series C funding round, doubling its valuation to $1.2 billion. The round was notably led by Bezos Expedition and Whale Rock Capital, with participation from Sequoia Capital and Index Ventures. […]
Meet Craig – Digital Source Internal Interview
It’s time to introduce a new member of our team! This week we shine the DS spotlight on our newest colleague and People Ops Recruiter – Craig Norris. Jump into our conversation below, as he shares with us his biggest professional influences, the one secret talent no one knows about and a travel story straight […]
Airwallex raises valuation to $2.6 billion on $100 million Series D extension
Fintech payment platform AirWallex has increased its valuation to US$2.6 billion with a capital raising of $100 million in a further Series D extension. The $100 million extension lifts Airwallex’s Series D funding to $300 million. This latest tranche followed its initial Series D round in April 2020 during the pandemic, and a $40 million […]
Santander accelerates roll out of eco-friendly cards across Europe
Banco Santander has committed to converting all of its 30 million payment cards across Europe to recycled plastic within the next four years. The bank says that by 2025, all debit, credit and pre-paid cards across Poland, Portugal, Spain and the UK will be made of sustainable materials, such as recycled PVC or corn-based plastic […]
How SaaS Drives Transformation in Financial Services in 2021
The revolutionary SaaS (Software-as-a-Service) concept can transform various industry sectors, and the finance sector is no exception! As a cloud-based technology, SaaS can benefit fintech companies and banks alike especially in meeting regulatory demands and providing security to their customers. Let’s understand the SaaS model before digging deep into its impact on the fintech sector […]