Category: Products
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Germany: Gini Brings OCR Update For Photo Remittance
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Gini (website) has now released an OCR update for the AI remittance feature “Photo Remittance.” With Gini Pay, customers can pay bill totals via smartphone photo, recognition via QR code with payment information, or direct sharing of a digital document with the banking app. The required information, such as IBAN…
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Australian FinTech CashD Aims To Redefine Payment Cycles
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CashD (website) an Australian FinTech, said traditional pay cycles had not gotten things done for many workers, especially those with “on-demand” needs. The company claims that its services also address concerns about inflation, as employees who are paid on their schedules may be a better fit.
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SellerFunding Launches 2 New Funding Sources For Small Businesses
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E-commerce FinTech company SellersFunding is launching two new working capital products to increase its resources for small businesses. SellersFunding is a digital platform with financial products that streamline global trade across working capital, cross-border cash management, and business valuation markets. The two new products, Invoice Factoring and Purchase Order (PO)…
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Financial Management From Berlin: How Fintech Platform Moss Works!
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Transforming financial management for midsize companies is the declared goal of fintech platform Moss (website). With smart corporate credit cards, the Berlin-based company offers new ways to manage expenses. Organizing a corporate credit card with a sufficient limit as a start-up is one of the main challenges for founders. Because…
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FinTech Ebury Supports Payments Platform LoopingOne To Get EMI License
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Ebury (website) has now injected €800,000 into the know-your-customer (KYC) and payments platform LoopingOne (website) to seal the partnership. The goal is to develop the LoopingOne product further and obtain a license as an Electronic Money Institution (EMI) with the Dutch Central Bank (DNB).
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UK FinTech Unicorn Starling Bank To Acquire Morgage Book Worth £500 Million!
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The UK FinTech unicorn, Starling Bank, founded by Anne Boden in 2014, has agreed to acquire a mortgage book worth about £500 million to broaden its assets beyond COVID-19 loans. The startup is buying the loan portfolio from specialist lender Masthaven, according to Financial Times. The acquisition contributes to Starling’s…
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Apple Announced Buy-Now-Pay-Later Service To Compete Against Klarna Et Al!
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Apple unveiled its “Buy Now, Pay Later” service, which will operate out of a wholly-owned subsidiary called Apple Financing LLC. The company has the necessary state lending licenses to offer the feature. The new service will make financial services a deeper part of its ecosystem. Apple has to compete against…
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DeFi-FinTech Kudona Unlocks Attractive Interest Rates For Savings!
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With a free savings app and with a web application, the Lithuanian FinTech Kudona (www.kudona.com), a subsidiary of the German rubarb GmbH, wants to open the door to the world of decentralized financial markets (DeFi for short) for savers throughout the eurozone. The goal is that even investors without much…
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Austrian Exceet Cooperates With Green Fintech Ecolytiq
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The Austrian exceet Card Group (exceet), a producer of payment cards, RFID, dual interface, and smart cards, announced the start of strategic cooperation with Berlin-based green fintech ecolytiq. The partnership aims to realize joint projects for more environmentally conscious consumer behavior in payment transactions. exceet is currently the only Visa…
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Kids-Focused Fintech Greenlight Launches Credit Card
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Atlanta-based FinTech Greenlight pitches parents on kid-friendly bank accounts and is launching a credit card. The Greenlight-branded Mastercard offers up to 3% unlimited money back on all purchases and allows parents to mechanically invest those cash rewards in stocks and ETFs to pay for family-related expenses, co-founder and CEO Tim…