MoneyGram expands Visa debit card deposit service across Europe
MoneyGram International (Dallas, US), a global leader in cross-border P2P payments and money transfers, has expanded its Visa debit card deposit service across Europe. The expansion has launched in collaboration with Checkout.com, a leading global payment solution provider, utilising Visa Direct, Visa’s real-time push payments platform. MoneyGram customers can now use the company’s website, or leading mobile app, to send money in near real-time to Visa debit card holders across 575 corridors from 25 countries in Europe.
I’ll have a Chaser with that
Chaser (London), the global credit control automation platform, has released a payment portal, in app, that enables the customers of users to see all invoices due in one place and pay them instantly. Chaser told Next Money that it has helped over 800 businesses improve their chances to be paid, and much faster, too. Now, in addition to sending email reminders to their customers, users can send access to the payment portal, which gives full visibility over all paid and due invoices, as well as access to relevant, downloadable documentation in one place.
Volopay raises seed funding
Volopay (Singapore) has raised US$2.1 million in a seed round funding to provide businesses and startups in the Asia Pacific region with a powerful control center for all their financial needs.
The investment round was led by Tinder founder Justin Mateen. Other investors joining the round were Soma Capital, CP Ventures, Y Combinator, VentureSouq, the founders of Razorpay, and other prominent angel investors.
New digital treasury services management provider opens in Dubai
A new digital treasury services management provider, SH Capital Ltd (SHC), has launched in Dubai with a mission to empower small and medium sized enterprises (SMEs and MMEs) by offering world class global banking services, asset management, FX hedging solutions, investment products and services.
BackHouse opens development centre in India
Backbase (Amsterdam and Singapore), the Engagement Banking platform provider, has opened a Global Development Center (BDC) in Hyderabad, India. Backbase said it was its second BDC worldwide, and that the facility’s infrastructure and access to talent as well as its partner ecosystem, will enable it to better deliver end-to-end services for mobile and web development on its Engagement Banking Platform. The goal of is to help banks around the globe grow and scale.
Quikz mobile remittance app now available in Singapore
Quikz, Cebuana Lhuillier’s flagship mobile remittance app in the US, is now available in Singapore. This has beeen made possible through a partnership between Cebuana Lhuillier and Nium, a global financial technology platform based in Singapore. Quikz will be powered by Nium’s trusted Remittance-as-a-service (RaaS) solution and Cebuana Lhuillier’s huge network of pay-out locations in the Philippines, allowing, said the company, thousands of Filipinos based in Singapore to enjoy improved convenience, security, and real-time global transactions.
World Series of Golf takes to the tee
World Series of Golf (Dallas) is developing a cryptocurrency strategy in conjunction with the company’s overall fintech short-term rental property acquisition alternative finance business. In conjunction with the company’s cryptocurrency plans, management has launched and encouraged participation in the company’s cryptocurrency survey.
PrimeXBT partners with Coinify
VICTORIA, Seychelles, Jan. 19, 2021 /PRNewswire/ — PrimeXBT (Victoria, Seychelles) , a multi-asset Bitcoin-based trading platform, has partnered with Coinify, a trading infrastructure platform to allow users to buy Bitcoin as well as many of the top cryptos, in order to simplify and streamline the process of purchasing digital assets for the trading platform.
Spanish fintech only Euro banking cool vendor
TheLogicValue (Valencia, Spain), fintech company, is the only European Fintech recognised by the world’s leading research and advisory company Gartner, in its October 2020 report, “Cool Vendors in Banking”. The Gartner October 2020 ‘Cool Vendors in Banking’ listed five vendors. As per the report, “Banks use an increasing range of emerging technologies to provide innovative products and services, optimize costs and scale digital banking.”
TheLogicValue specialises in risk assessment algorithms and making automated, value-based conclusions available to investors, financial advisors, and organizations of all sizes so that these users may make smarter, more profitable risk and investment decisions.
Lightnet partners
Singapore-based fintech company Lightnet has entered into a strategic partnership with Malaysia-based Asia Digital Bank (Labuan Investment Bank), and British Virgin Island-based Velo Labs Technology to jointly develop cross-border business solutions.
Seven Ventures leads Jumbotail’s Series B3 funding round
VII Ventures, known as ‘Seven Ventures’, was the lead investor in Jumbotail’s Series B3 funding round. Jumbotail is an online wholesale marketplace and new retail platform for grocery and food items, based in India, serving more than 30,000 Kirana (mom and pop grocery) stores via its full stack e-commerce model. The $14.2 million Series B3 fundraise, which follows an $11 million Series B2 round in October 2020, will allow Jumbotail to scale its business to new geographies, expand its private label portfolio, partner with more FMCG brands and to grow its network of J24 modern convenience omnichannel grocery stores in partnership with mom and pop entrepreneurs.
