back Back

FinTech Focus: Catch latest developments of the week

By Gloria Mathias

December 08, 2023

  • Adyen
  • APAC
  • BriskPe
Share

FinTech, Fintech focus, Financial news, Nuvei, Microsoft, Klarna, Adyen, Currencycloud, BriskPe, Fintech focus, Magnati, Ippopay, Visa, Mastercard, UK, USA, India, MENA, APAC, Europe,   Social media platforms can offer insights helping FinTech and digital payments companies analyse consumer behaviour and preferences, the most critical factors in present times, as well as trends in the industry.

With the ever-evolving digital landscape, it has become imperative for financial institutions to offer services that cater to the changing needs of consumers, and channels of interaction like social media can bridge that gap.

Similarly, numerous financial technology companies utilise social media platforms to make announcements pertaining to product offerings, mergers, partnerships, and other developments to garner wider attention and to better reach their target audience.

Let’s look at the top six announcements made by the FinTech bigwigs this week:

Nuvei is pleased to partner with Microsoft to deliver leading payment experiences and accelerate revenue across many of its key markets.

Microsoft will leverage Nuvei’s expertise with recurring billing and individual transactions across its Microsoft Office 365 and Xbox product ranges. Nuvei and Microsoft are committed to extending this partnership across Microsoft Dynamics 365 and other use cases.

Adyen is happy to announce we’re strengthening our global partnership with Klarna, the AI-powered global payments network and shopping assistant. In this new partnership, we will become the acquiring bank on behalf of Klarna’s different consumer offerings, starting in Europe, North America, and Asia in 2024.

Together, we will simplify card payments for Klarna’s 150 million consumers and 500.000 retail partners globally.

Magnati is leading the charge for sustainable finance in the Middle East, teaming up with Fils, a trailblazing FinTech platform, ahead of COP28 UAE.

Our strategic collaboration is set to empower merchants with actionable environmental insights and drive green payments, reinforcing our steadfast commitment to sustainability.

Beyond a partnership, it’s a testament to our dedication to innovation and a greener future. Aligned with the ‘Net Zero by 2050’ strategy, this initiative marks a pivotal moment in our financial journey.

Currencycloud is pleased to announce its partnership with Mumbai-based cross-border payments Fintech, BRISKPE.

Sanjay Tripathy, co-founder and CEO at BriskPe, says, “Our collaboration with Currencycloud aligns perfectly with our mission to eliminate the complexities associated with international collections for MSMEs by simplifying international payments.

Ippopay is thrilled to announce its partnership with Visa, a move to empower small businesses through Visa-powered credit cards. Together, we’re set to revolutionise the flow of credit to small businesses. Thanks to Team Visa for the support extended throughout taking this partnership to fruition.

Terrapay is delighted to announce our partnership with Small World Financial Services!​

This transformative alliance is set to redefine mobile wallet services across Senegal by empowering Wave Wallet account holders to directly receive remittances into their wallets via instant bank transfers from the EU and UK, using Small World Money Transfer.​

Tapping into the rapid growth of mobile wallets in the region, this partnership will not only enable borderless money movement but also enhance financial inclusivity in the region.​

Previous Article

December 08, 2023

Citcon partners with Alipay+ to offer international e-Wallet payments

Read More
Next Article

December 08, 2023

Samsung and Mastercard to boost digital wallet offerings in the UK

Read More








IBSi Daily News Analysis

Fraud

February 23, 2024

Adyen

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 23, 2024

Ebury and Nium team to offer cross-border payments in Brazil

Read More

February 23, 2024

FinTech Focus: Catch latest developments of the week

Read More

February 23, 2024

Vencora acquires CREALOGIX to expand its banking technology services

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023