FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia, has joined the 10-year-old startup, marking a milestone following its failed sale to Visa two years ago, the Financial Times...
MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a press release. Digital Financial Services is a partnership between Etisalat and Noor Bank, which was acquired earlier this year by...
Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday (Jan. 20). The startup’s platform links over 2,500 banks and 250 million users across Europe. The new funding is being...
Wirecard, the German financial company, and Japan’s SoftBank Group announced Wednesday (April 24) a deal in which SoftBank will invest about EUR 900 million in Wirecard. In a press release, the companies said the investment will come via a convertible bond mechanism. On Tuesday (April...
July 31, 2024
The future of payments and commerce gets closer every day. So close, in fact, that they are becoming intertwined — and embedded. In an era where technology integrates with daily life, the concept of embedded finance is reshaping payments and financial services while transforming both consumer and business interactions with payments. “Embedding [payments and financial […]
June 25, 2020
MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a press release. Digital Financial Services is a partnership between Etisalat and Noor Bank, which was acquired earlier this year by the Dubai Islamic Bank. The new partnership will allow customers […]
January 20, 2020
Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday (Jan. 20). The startup’s platform...
April 24, 2019
Wirecard, the German financial company, and Japan’s SoftBank Group announced Wednesday (April 24) a deal in which SoftBank will invest about EUR 900 million in Wirecard. In a press release,...
