FIPCO (Financial Institutions Products Corporat

PAYMENTS

Modulr | February 02, 2022

Modulr, a leading payments platform, and Ripple, the leader in enterprise blockchain and crypto solutions, have joined hands to provide seamless payments into the UK and Europe regions. Trust Payments, the global payments group, is recorded to be the first customer to use the new service provided by the two FinTech companies. Both FinTech companies are making payment solutions easier for businesses like Trust Payments to initiate real-time payments across international borders pow...

Starling Bank | February 10, 2020

Starling Bank has raised a further £60 million from existing backers Merian Global Investors and JTC. The investment brings the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led by Merian in 2019. The UK challenger bank says it will award shares to all 800 employees, incentivizing staff as it strives to meet a target for a first full year in profit by the end of 2021. Starling posted a £26.8 million loss in 2018. Anne...

FINTECH

Visa, TransferWise | February 02, 2021

Visa and TransferWise have agreed and announced a global partnership to successfully launch the first use of Visa Cloud Connect. This new launch is for fintech and partners to securely connect Visa's global processing network, VisaNet, through the cloud. The new technology creates a new global agreement between Visa and TransferWise that will allow TransferWise to expand its multi-currency debit cards, mainly in Europe, Asia Pacific, the Middle East, Latin America, the Caribbean, U.K., and U...

BITCOIN AND CRYPTO

BitPay | April 25, 2022

BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced two new exchanges and two new wallets are adopting its accurate payment protocol including top crypto providers Bitso, Bitstamp, Edge, and Guarda. BitPay’s accurate payment protocol, the BitPay Protocol, enables more reliable blockchain payments by eliminating common payment exceptions including overpayments, underpayments, late payments, unconfirmed payments, and poten...