Italy

Fabrick Enters German Market With the Acquisition of FinAPI

Fabrick, an Open Finance operating company based in Italy, continues to execute its international growth and consolidation strategy in a growing market, and announces agreement to acquire finAPI GmbH, one of the leading German operators of Open Finance solutions. The

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Mastercard Invests into Italian Embedded Finance Fintech Fabrick

Mastercard and Open Finance sector pioneer Fabrick announced an expanded new partnership to develop Embedded Finance solutions that will improve the digitalization of businesses, financial institutions and fintechs across Europe. As part of the agreement, Mastercard has made a minority

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Fabrick Acquires Mobile Payments Firm Judopay, Expands Footprint in the UK

Fabrick, an Italian open banking solutions provider, announces that it has acquired UK-based mobile payments company Judopay. Details of the transaction was not disclosed. This acquisition marks an important step in Fabrick’s expansion into the UK market. Judopay will continue

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Italian Neobank HYPE Automates Customer Identity Verification With Onfido

Italian neobank HYPE has partnered with London-based identity verification and authentication provider Onfido to automate its customer onboarding process. Launched in 2015, HYPE provides 1.7 million customers with services such as P2P and bill payments, transfers, savings management, and other

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BNPL Startup HeidiPay Gets Funding From Mediobanca’s Credit Arm Compass

Swiss BNPL startup HeidiPay has closed a new funding round led by Italian banking group Mediobanca’s consumer credit arm Compass. The amount, which comprised equity and debt financing, was not disclosed. The funding builds on the companies’ existing partnership in

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Payments Unicorn Satispay Raises €320M Series D Led by Lee Fixel’s Addition

Italian mobile money platform Satispay has raised €320 million in Series D funding led by New York-based venture capital firm Addition, taking it to “unicorn” status with a valuation of over €1 billion. Existing investors Greyhound Capital, Coatue, Lightrock, Block

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Nexi Partners Microsoft to Drive Digitalization of The European Payments Space

Nexi announced yesterday a strategic collaboration with Microsoft aimed at innovating digital payments solutions and helping digitalization of SMEs, Corporates, Public Administrations and Financial Institutions across multiple European markets through vertical value-added solutions to respond to specific needs as easy

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Fundof Launches Visa Debit Card for Content Creators Powered by Intergiro and Onfido

Fundof, an Italian platform that provides smart payments for creators, announced that it has partnered with Onfido, a London-based identity verification and authentication provider, and Intergiro, to launch a free Visa™ debit card and payment account conceived for creators. Fundof

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Crypto.com Secures Regulatory Approval to Operate in Italy

Crypto.com announced that it has received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as a provider of virtual currency and digital wallet services. This approval will enable Crypto.com to offer a suite of products

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Italian Banking Group Intesa Sanpaolo Invests £40 Million Into Thought Machine

Italian international banking group Intesa Sanpaolo has selected Thought Machine, the UK-headquartered core banking technology company, to power its new digital banking platform. In conjunction with this partnership, Intesa Sanpaolo has made a £40 million investment in Thought Machine to

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