TreeCard secures $5.1 million investment for wooden debit card
TreeCard, the provider of a wooden Mastercard debit card that channels profits from merchant surcharges into reforestation programmes, has raised $5.1 million in a funding round led by EQT Ventures. The round also included participation from Seedcamp and Episode 1, as well as a number of well-connected Angel investors including GoCardless founder Matt Robinson and […]
TransferWise rebrands as ‘Wise’ to reflect brand expansion
Having built a strong initial reputation as being one of fintech’s leading money transfer companies, Wise has reflected that “customers now need [it] for more” and sought to capture this transition with a clear separation from its past identity. Now over a decade since it was founded, the company has broadened its capabilities to include international currency […]
Google introduces pay for parking within Google Maps
Google has released a new feature which lets consumers pay for parking and transit fares directly from within Google Maps. Users just need to link their Google Pay account to the Maps application to make touch-free payments at parking meters in more than 400 cities across the US. States the tech giant: “Thanks to an […]
Climate Fintech Is Coming
What do you get when you combine the buzziest tech sector with the most high-profile public policy issue? Financial technology combating climate change. It would seem an unlikely pairing, but the last year witnessed an explosion in climate-focused fintech products and companies. The public’s focus on climate change is here to stay, which could continue […]
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 […]
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 […]
