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Coronavirus Pushes German Fintech Monedo to Go Bankrupt

The startup was once a high-flying fintech in the country.

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Beeks Posts Solid Annual Growth, Revenue Jumped 27%

The firm’s acquisition of Velocimetrics has increased its Tier 1 client’s list.

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Team8 Launches New Fintech-Focused Venture Capital

The VC will be headed by eToro’s Ronen Assia and Payoneer’s Yuval Tal, among others.

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Leasing Firm Grenke Under Fire as Viceroy Raises Fraud Alarm

BaFin is looking into fraud allegations against Grenke, whose share price dropped 30% following the release of Viceroy report.

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ePayments Plans to Resume Services without Crypto

The platform did not specify any timeline for its relaunch or allowing access to frozen customer funds.

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Neobanking REVOLUTion. Will it Impact Forex and CFD Trading Companies?

Neobanking revolution teaches customers to demand more from their financial service providers

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Paya Acquires Integrated Payments Platform The Payment Group

The deal is expected to be closed in early October, however, the involved financials are not known.

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Revolut Moves Business Customers to Lithuania Ahead of Brexit

Revolut headquarters remains in London but will shift European payments to Ireland and Lithuania after Brexit.

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Volante Technologies Aids Goldman Sachs with Digital Platform Launch

Volante Technologies provided VolPay for the Goldman Sachs Transaction Banking platform.

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Robinhood Receives $460M Cash Injection, Valuation Reaches $11.7B

The company has raised an additional $460 million in an extension of its Series G round.

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Ant Bank Launches Virtual Lender in Hong Kong

The lender is offering an interest rate of up to 2.5 percent on deposits.

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SEC Charges Former Amazon Employee with Insider Trading

Laksha Bohra, Viky Bohra, and Gotham Bohra have been charged with insider trading.

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MAS Orders Wirecard SG to Cease All Singapore Operations

Local regulators are now going after the subsidiaries of the doomed German fintech.

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FinTech Pricing Strategies in a Saturated vs Sophisticated Market

Why you need different strategies for different markets

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Liquidnet Expands into Provision of Investment Research

Today’s news marks the official launch of Liquidnet’s third business, Investment Analytics (IA).

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Conotoxia Officially Launches Its Multi-Currency Card

The card works quite like any bank card, but with less costs associated and a wider range of services.

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Fintech’s Key Ingredient as the Pandemic Rages On? Empathy.

Global financial crisis and personal financial hardship have marked 2020, and fintechs are in the trenches with their users.

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Revolut Applies for Charter Banking License in the US

Revolut is among a number of fintechs that are looking to branch into banking to diversify their revenue stream.

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Stripe Enables Cross-Border Payments for US-Based Clients

The service is still in beta.

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BBVA Pilots SWIFT gpi Integration into UK’s FPS Infrastructure

SWIFT is actively testing instant international transfers using gpi.

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