Author: Lucas Peterson
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Ex-Mobilkom CEO Boris Nemšić Joins FinTech Seasonax!
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Boris Nemšić, former CEO of Austrian telecom operator Mobilkom, joins Seasonax (website) as an investor and strategy advisor. The Viennese fintech delivers daily trading ideas, expert analyses, and trading patterns for various financial instruments such as stocks, currencies, and commodities. The Seasonax platform is used by institutional and private investors…
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Logistics Startup Everstox Cooperates With FinTech Banxware To Offer Financing To Online Retailers!
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Online retailers will, in the future, also be able to obtain financing via the logistics platform Everstox. The money and scoring run through the Fintech Banxware of Miriam Wohlfarth. Other partners include, for example, the platform Lieferando.
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Seven Million Customers: Turkish Super App PayCell Set To Conquer Europe!
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Billion-dollar mobile operator Turkcell plans to bring its super app Paycell to Europe – and is counting on bank fintech Solaris as a partner. The Turkish fintech wants to manage its expansion from an office in Stuttgart. PayCell has 7 million clients. German neobanking pioneer N26 had to expand into…
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Leonteq Defends Itself Against Allegations Of Money Laundering!
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Fintech Leonteq defends itself against accusations from the media that the company has enabled money laundering and tax evasion. Derivatives provider Leonteq has again denied allegations concerning two products it issued. A series of investigations had not revealed any evidence that would justify accusations of aiding and abetting money laundering…
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ING Subsidiary Payvision And Its Founder Prosecuted For Alleged Money Laundering And Cybercrime Facilitation!
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According to a report by De Nederlandsche Bank (DNB), criminal investigations have been launched against Payvision, the Dutch media outlet FD reports. The Amsterdam-based ING subsidiary allegedly deliberately neglected money laundering controls for years. The Dutch regulator DNB reportedly warned ING about the deficiencies several times but saw little improvement.…
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Latin American PayTech Company Kushki Acquires Mexican Company Billpocket!
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Latin American payment solutions provider Kushki is close to completing its acquisition of Mexican paytech company Billpocket. Founded in 2012, Billpocket enables businesses to accept card payments. The company received $6.8 million in Series A funding in 2019, according to Crunchbase.
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Berlin FinTech Mondu Receives A €20 Million Loan!
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The “buy-now-pay-later” provider Mondu receives new capital. The Berlin-based fintech has secured a €20 million loan from Germany’s Vereinigte Volksbank Raiffeisenbank. Mondu plans to use the money to drive international expansion and open an office in the Netherlands.
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GoHenry Raises £50 Million To Accelerate Global Expansion!
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GoHenry, the prepaid debit card and financial education app for kids and teens has raised £50 million in its latest growth capital round. The debit card and app for kids provider doubled revenue to $42 million during COVID and recently acquired European FinTech Pixpay.
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FinTech Railsr Closes A £40 Million Series C For An Embedded Financial Service!
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Embedded finance platform Railsr, formerly known as Railsbank, has closed a £40.4 million Series C round, consisting of £22.8 million in equity and £17.6 million of debt. Nigel Verdon, CEO and co-founder, said, “I’m delighted that less than four months after Railsbank’s transformation into Railsr, we’ve reached another milestone and…
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Abidjan Will Host 600 Executives At The Next FinTech Forum!
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More than 600 people are expected in Côte d’Ivoire’s business capital Abidjan for the Next Fintech Forum, the leading fintech gathering in Francophone Africa. This year, it will take place on 22 and 23 November 2022 at the Radisson Blu Hotel.