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FINTECH
IDT | January 21, 2022
IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, announced today that it has acquired a majority stake in Sochitel, a global hub and digital distribution platform for mobile top-up, electronic vouchers, and other value transfer services. Headquartered in London and Lagos, Sochitel has a deep footprint across Africa interconnecting Mobile Network Operators, banks, and financial service providers. Sochitel&rsqu...
Nacha | June 08, 2022
U.S.’s premier ACH network, Nacha, has announced the selection of Sila, an emerging fintech firm, as its preferred ACH Enablement and Payments partner. Following the announcement, Sila will be part of an elite network of innovation experts recognized by Nacha for delivering solutions that promote the ACH Network and meet Nacha’s core strategies. Nacha's Preferred Partners play a role in advancing the ACH Network to continue to d...
CORE BANKING
Nium | October 25, 2021
Nium, a leader in global payments and card issuance for businesses, today launched the fintech industry's first global Crypto-as-a-Service (CaaS) solution and announced the extension of its Banking-as-a-Service (BaaS) solution to the U.S. Initial API-based elements from the new Crypto-as-a-Service offering will allow financial institutions to add in-demand capabilities for cryptocurrency investment. The cryptocurrency investment services will support five cryptocurrencies in the U.S. in 2021...
FINANCIAL MANAGEMENT
Quavo, Inc | December 02, 2021
Today, FinTech provider Quavo Fraud & Disputes announced the company completed a Series A financing round led by FINTOP Capital. The Series A completion is a testament to Quavo's recent and potential growth as the world's only provider of fully automated, cloud-based fraud and dispute management SaaS offerings for issuers. Quavo's chargeback management offering for issuing FinTechs and financial institutions is unique in requiring zero upfront implementation costs ...
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