Visa Inks Deal to Acquire Swedish Open Banking Platform Tink for US$2.2 Billion
Visa announced it has signed a definitive agreement to acquire Tink, a Swedish open banking platform, for 1.8 billion Euros (US$2.2 billion). Tink will retain its brand and current management team, and its headquarters will remain in Stockholm, Sweden. The
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YAPEAL Integrates Wise Platform to Bring Cheaper, Faster Remittance Services
YAPEAL, developer of a blockchain-inspired digital-to-the-core and cloud-native banking platform for the Swiss retail banking market, has integrated the Wise platform to bring cheaper, faster international payments to its customers. The firm’s customers will now be able to access Wise’s
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Klarna Launches its Shopping App in Switzerland
Swedish Buy Now, Pay Later (BNPL) platform Klarna announces the launch of its shopping app in Switzerland. Besides searching for inspiration and products, all purchases can be made directly via the Klarna app. Users will also be able to manage
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Italian Bank Credem Goes Live With Temenos for a Frictionless Digital Experience
Temenos, the banking software company, announced that Italian bank Credito Emiliano (Credem) has gone live with a new mobile app to accelerate its digital banking strategy. Temenos Infinity, running on the public cloud, will make it quicker and easier for
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Swiss Impact Investing Platform Rebrands as Inyova Ahead of Germany Expansion Plans
Inyova, an impact investing platform in Switzerland, announced that it is expanding to Germany. The startup had also rebranded from Yova ahead of the move. At Inyova, investors can invest in sustainable companies from as little as CHF 2,000. No
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Dutch Payments Provider Mollie Raises US$800 Million In Series C Funding Round
Mollie, a Netherlands-based payment service provider, announced the closing of US$800 million in a Series C funding round. This takes the total amount raised by the company to over US$940 million, pushing its valuation to US$6.5 billion. The round was
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Digitaler Kapitalmarkt Valyo verstärkt Verwaltungsrat
Valyo, der seit 2019 im Schweizer Anleihenmarkt aktive digitale Kapitalmarktplatz, verstärkt seinen Verwaltungsrat weiter: Die zwei ausgewiesenen Branchenexperten Kaspar W. Kelterborn, ehemaliger Chief Financial Officier und Mitglied der Konzernleitung der Conzzeta AG, und Roger Reist, Leiter des Departements «Treasury &
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5 Trends Shaping Brazil’s Fintech Industry in 2021
Brazil, the largest fintech market in Latin America (Latam) and the fifth in the world with more than 750 fintech companies, had a glorious year 2020, and the momentum is expected to continue in 2021. Investment in Brazilian fintech companies
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PostFinance Selects FICO to Protect Nearly 3 Million Debit Cards With AI
Analytics software firm FICO announced that Switzerland’s PostFinance will protect nearly 3 million debit cards with the FICO® Falcon® Platform, an AI-powered payments card protection system. PostFinance, the financial institution of Swiss Post, will use the Falcon Platform to manage
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Banque de France Completes Digital Currency Pilot With SEBA Bank and Partners
Banque de France successfully conducted a Central Bank Digital Currency (CBDC) experiment with SEBA Bank, as part of the experimental programme launched in March 2020. The experiment consisted in using the CBDC to simulate the settlement of listed securities and
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