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Internet browser Opera prepares for roll out of fintech banking service
Internet company Opera is moving into financial services with the launch of Dify, an in-browser cashback service and digital wallet for online shopping.Launching first in Spain, the the initial version of the Dify app ships with a current account, a free virtual debit card issued by Mastercard, as well as Google Pay support for offline […]
Joompay partners with Visa for pan-Europe payment solutions
A relative newcomer on the scene, Joompay was founded in 2019 in Windhof, Luxembourg. The company aims to develop the increasingly popular P2P payments model with simple, fast and secure transactions across the entirety of Europe. Also gaining momentum are card payments, particularly in the 12 months since the start of the global pandemic. In Europe alone, […]
Sopra Banking Software unveils fintech marketplace
Sopra Banking Software, leading partner of over 1,500 financial institutions across the world, announces the launch of its Marketplace aiming at accelerating modernisation and platformisation of banking and financial systems.This new Marketplace consolidates all offers provided by its partner FinTech. It will enable banks and financial institutions to leverage innovative use cases, combined with the […]
Amsterdam payment fintech unicorn Mollie enters UK
Mollie, Amsterdam-based payment service unicorn, has announced its expansion into the UK market to help merchants with European growth post-Brexit. As a result, the Dutch fintech company has enhanced its service available to UK companies who can incorporate a variety of EU payment methods into their e-commerce websites. Appointed Josh Guthrie as Head of the […]
Unlocking the Power of Better Data Science Workflows
It doesn’t matter what the project or desired outcome is, better data science workflows produce superior results. But if you’re still working with outdated methods, you need to look for ways to fully optimize your approach as you move forward. 5 Tips for Better Data Science Workflows Data science is a complex field that requires […]
GuardianCard launches virtual card to protect the vulnerable
GuardianCard – a fintech headquartered in Hull, UK, – has launched a virtual card created to safeguard the finances of vulnerable customers. The card, which provides a solution for vulnerable people open to financial abuse, was created following personal experiences of the fintech’s founders. Aiden McAllister and Nick Thompson both drew on their knowledge of […]
How can fintech offer our SMEs a fighting chance?
In normal circumstances, life as a small and medium-sized enterprise (SME) is far from straight forward. Throw in a year-long global pandemic, crippling recession and three national lockdowns, even the most buoyant of SMEs will find themselves struggling for financial breath. The UK government has so far, offered billions of pounds worth of support towards […]
Got Revenue? Alternative Financing Tools Look To Help SaaS Founders Avoid Dilution
While large venture funding rounds often grab the headlines, more tools continue to spring up to offer founders alternatives to what can be costly dilutive equity rounds. While venture debt, shred earning agreements (SEALs), simple agreement for future equity (SAFEs), and revenue-based financing all have proliferated in popularity to some degree or another, some companies […]
Monzo to raise £50M, another funding during COVID-19 pandemic for London fintech
Monzo, the UK-based challenger bank that allows customers to access a range of products and services, is expected to raise a £50 million extension in Series G round from existing shareholders and a new San Francisco-based VC firm Octahedron Capital. The new funding will take the amount raised by the digital bank during the pandemic to £175 […]
How Jay-Z’s Fintech Investment Could Inspire Music Industry Innovation
There is a new startup expanding the financial technology industry, and rap icon Jay-Z’s Marcy Venture Partners (MVP) is a key investor. Los Angeles-based Perch Credit, a free credit score-building business founded in 2019, recently closed its seed investment round of $2.5 million and launched a new app. Perch Credit CEO Michael Broughton and CTO Ayush Jain […]