Fintech & Ecommerce - page 5

News

Cardless Raises $30 Million

Cardless raised investments worth $30 million as part of the funding round.

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Citi Invests in Pylon

One of the largest financial institutions in the United States, Citi, has made a minority investment in the mortgage infrastructure provider Pylon.

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dLocal Becomes Certified PISP for Pix

dLocal achieved a regulatory milestone and became a certified Payment Initiation Service Provider (PISP) in Brazil, able to process Pix payments directly within the Open Finance framework.

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DoorDash Adds New Chains to Grocery Partner List

DoorDash adds new grocers to the list of supermarket delivery partners.

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Revolut 2025 Vision Features AI Assistant, Mortgages, Branded ATMs, and More

Revolut unveiled its 2025 product roadmap which includes a smart in-app AI companion, digital mortgages, branded ATMs and a suite of business-oriented products.

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Klarna Reports SEK 216 Million Profit, Opens Hub in Warsaw

Klarna sees its profits grow 57% YoY, as it establishes a tech hub in Warsaw and looks forward to a strong holiday season driven by tech innovations.

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Amazon Funds First Utility-Scale Wind Energy Projects in Greece

Amazon is developing three large wind farms in Greece, its biggest renewable energy initiative in the country.

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Mastercard Offers Immersive Shopping Experiences to Boost Canadian SMBs

Mastercard is launching a festive shopping initiative in Fort Langley, B.C., where immersive interactive experiences will amuse customers and support local small businesses (SMBs).

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Lenovo Adds Klarna’s Flexible Payment Methods in Europe

Global technology company Lenovo offers shoppers in 15 European countries the opportunity to use flexible payment methods from fintech firm Klarna.

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Intuit Adds AI-Powered Financial Assistant to QuickBooks

Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.

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US Bank and One Inc to Accelerate Instant Insurance Payments

Insurance industry payments network One Inc has launched a partnership with US Bank.

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Mastercard and Fundbot to Speed B2B Payment Flows

Mastercard will implement partnerships with Fundbot, a fintech company based in the United Arab Emirates that finances supply chains.

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Argentex Expands to UAE

Argentex innovative currency risk management and payment solutions are now available in the UAE

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Canadian Holiday Sales to Increase 2.2% This Season

Mastercard SpendingPulse reveals encouraging signs for Canadian holiday retail sales, with several factors enhancing consumers’ purchasing power.

News

Robinhood to Acquire TradePMR Portfolio Management Platform

Robinhood acquisition of TradePMR will help it offer better investment advisory services by integrating a well-established platform that serves around 350 firms and manages over $40 billion in assets.

News

Over Half of U.S. Consumers to Tap Credit for Holiday Shopping

The impact of rising costs and limited budgets is evident in consumer sentiment in the U.S. this holiday season, as about 68% are worried about affording gifts and more than half will be forced to use credit solutions for holiday shopping.

Fintech & Ecommerce