Indian Fintechs Secure Rs 1,400 Crore from Private Credit Firms in H1 2024
In H1 2024, Indian fintechs raised Rs 1,400 crore from private credit firms, driven by the need for alternative funding amid economic challenges. Private credit offers flexible, customized solutions, helping fintechs secure non-dilutive ... Read More
PayGlocal Secures RBI Approval as Online Payment Aggregator
PayGlocal has received official approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator. This milestone allows the company to expand its services in India, offering enhanced payment solutions and processing ... Read More
Drip Capital Raises $113 Million to Fuel Expansion and Growth
Drip Capital has secured $113 million in new funding to accelerate its growth and expansion efforts. This investment, led by prominent venture capital firms, aims to enhance Drip Capital's capabilities in providing financial solutions for ... Read More
Slovak Customers Gain Access to BLIK’s Payment Services
Slovakia's digital payment landscape is set to transform as BLIK, Poland's popular mobile payment system, becomes available to Slovak customers. With features like instant transfers, secure online payments, and ATM withdrawals, BLIK aims ... Read More
Lithic Launches Multicurrency Processing in Canada
Lithic has expanded its operations into Canada, introducing multicurrency processing capabilities to enhance the payment experience for Canadian businesses. This strategic move aims to streamline international transactions and support a ... Read More
RegTech Grath Expands into the Middle East for Compliance Solutions
RegTech firm Grath is expanding into the Middle East, establishing a new regional hub to enhance compliance solutions. The expansion aims to address growing demand for regulatory technology in the region, driven by stricter compliance ... Read More
Satispay and Stripe Partner to Boost Italian Payments Solutions
Satispay has partnered with Stripe to revolutionize payment processing for Italian businesses. This collaboration aims to streamline transactions and offer enhanced financial tools, making it easier for companies to manage payments and ... Read More
Comertbank Partners with Salt Edge to Meet Moldova’s Open Banking Standards
Commerzbank has selected Salt Edge to help comply with Moldova's new open banking regulations. This strategic move ensures that Commerzbank can meet the legislative requirements and enhance its service offerings in Moldova’s evolving ... Read More
Belgian Bank Belfius Fined for Unapproved Bond Sales
Belfius, a Belgian bank, has been fined $1.1 million by the FSMA for selling bonds without regulatory approval. The fine underscores the importance of compliance with financial rules to protect investors and maintain market integrity. ... Read More
Russian Court Blocks Sale of Raiffeisen Shares, Freezes Local Bank’s Assets
A Russian court has frozen Raiffeisen Bank International's (RBI) shares in its Russian subsidiary, preventing the Austrian bank from selling its local assets. This move, which follows increasing tensions between Russia and Western ... Read More