Banking Finance and Insurance Institute of Nep

Core Banking

Five Degrees,Swishfund | May 17, 2021

Five Degrees is excited to introduce Swishfund as the first client on °neo, its latest cloud based central banking network. Fintech Swishfund was created in 2016 and offers direct lending products to SME companies in the Netherlands and the United Kingdom. Swishfund will move its current customer base to °neo in order to concentrate on growing its market. Swishfund CEO Jeroen Sonsma says, "At Swishfund, our goal is to provide business lending products in an extremely ...

Financial Management

REPAY, BillingTree | May 11, 2021

Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, today announced it has signed a definitive agreement to acquire BillingTree for approximately $503 million. The acquisition will be financed with approximately $275 million in cash from REPAY’s balance sheet and $228 million in newly issued shares of REPAY Class A common stock to be issued to the seller. The transaction is subject to certain customary closing conditions and is expected to close by th...

Payments

PayAlly | June 11, 2021

PayAlly has picked Banking Circle solutions to boost its cross-border payment services in multicurrency for B2B, a fully integrated payment system for small- and medium-sized enterprises. The new agreement allows PayAlly access to the Banking Circle Banking Network to a larger number of payment channels to improve the speed and price of payment internationally for their e-commerce consumers. “At PayAlly, we seek to assist small businesses and people by providing them with fa...

Fintech

CB Insights and WireBarley Corp | October 07, 2022

Cross-border payment solution provider WireBarley Corp. was named a winner of the fifth-annual CB Insights Fintech 250 ranking, a prestigious list of the 250 most promising private fintech companies of the year. WireBarley has been recognized for its achievements in the Mobile Wallets & Remittances section. Among South Korea-based financial services platforms, WireBarley and Toss have been selected as the winners of this year. Established in 2016, WireBarley has...