Posts by Ellie Duncan
Yolt to close smart money app to focus on YTS
The decision to shut down the consumer-facing app is part of a repositioning and will allow it to focus resources on its Open Banking platform Yolt Technology Services.
Read MorePayPal pays $2.7bn to acquire Japan’s Paidy
The acquisition boosts PayPal’s presence in the country, where it said Paidy had ‘pioneered’ BNPL solutions tailored to the Japanese market.
Read MoreExperian collaborates with fintech OBR to support SMEs
Partnership sees Experian power OBR’s flagship product OpenRep, an ‘early warning system’ for SME owners and lenders.
Read MoreMastercard expands Open Banking reach with deal to buy Aiia
Mastercard said that the addition of Aiia will ‘anchor’ its European Open Banking efforts.
Read MoreTrueLayer hires ex-Klarna exec for payments role
Mariko Beising has been named head of payment partnerships at the Open Banking platform.
Read MoreUK to host world’s first VRP hackathon
Ozone API, Open Future World and UK Finance have partnered to host the hackathon from 13 September for four weeks, to test potential use cases that VRPs can deliver.
Read Moreiwoca launches merchant cash advance product with Funding Xchange
The new product will give online sellers access to flexible revenue-based repayment loans of between £1,000 and £50,000.
Read MoreNew Funding Circle product gives businesses BNPL option
FlexiPay has been designed to help small businesses manage cash flow, with those approved able to immediately access between £2,000 and £30,000.
Read MoreNubank buys Spin Pay
The fintech, which uses Brazil’s new means of payment Pix, has partnerships with over 220 retailers.
Read MorePayments Canada launches new high-value payment system
Lynx has been developed with technology partners IBM and SIA, and overseen by the Bank of Canada.
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