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A £2 billion deposit milestone is reached by UK digital bank SmartSave.

The savings offering from UK digital bank Chetwood Financial, SmartSave, has surpassed the previous year's record by double, hitting over £2 billion in direct deposits.

By Madilyn Swift | April 11, 2024 | 0 Comments

Revolut obtains a banking license in Mexico.

The fintech company Revolut, located in the United Kingdom, has secured a banking license in Mexico and is now targeting the country.

By Madilyn Swift | April 10, 2024 | 0 Comments

Santander enters the US with the Openbank digital brand.

In the US and Mexico, Santander is introducing its Openbank digital product.

By Madilyn Swift | April 10, 2024 | 0 Comments

Wise Platform and Nubank collaborate to power global accounts

One of the biggest financial institutions in Brazil, Nubank, has partnered with Wise Platform, Wise's infrastructure offering for banks, financial institutions, and businesses worldwide, to power their international debit card and global account.

By Madilyn Swift | April 09, 2024 | 0 Comments

Russia takes aim at Apple over its banking apps.

According to Reuters, Apple has come under fire from Russia's antitrust watchdog, which claims that the US company has taken out banking and payment apps from its App Store.

By Madilyn Swift | April 05, 2024 | 0 Comments

Zeepay gets a stock investment

Zeepay Ghana Ltd, a Ghanaian fintech business, announced today that pan-African investment firms Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P had completed their equity investment.

By Madilyn Swift | April 04, 2024 | 0 Comments

Souhoola and Network International collaborate on BNPL services in Egypt.

Through a strategic partnership with top fintech solutions provider Souhoola, Network International (Network) (www.Network.global/), the region's leading enabler of digital commerce, will be able to offer "Buy-Now-Pay-Later" (BNPL) payments to merchants at its networkpay point of sale terminals in Egypt.

By Madilyn Swift | April 04, 2024 | 0 Comments

'All-in-one' payment kiosk launched by Worldline and Tabesto

The first all-in-one ordering and payment kiosk, utilizing SoftPOS "Worldline Tap on Mobile" technology, has debuted. Worldline, a leader in payment services globally, and Tabesto, a significant player in order taking and payment solutions within the restaurant industry, are happy to announce this.

By Madilyn Swift | April 04, 2024 | 0 Comments

N26 introduces ETF and stock trading to Germany

The German launch of N26's stocks and ETF trading platform was announced today.

By Madilyn Swift | April 04, 2024 | 0 Comments

To spearhead the US digital charge, Santander appoints former Marcus chief Swati Bhatia.

The US division of Santander has appointed Swati Bhatia, a senior executive of Goldman Sachs' Marcus division, to oversee its retail division and spearhead a digital transformation initiative.

By Madilyn Swift | April 02, 2024 | 0 Comments