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FINANCIAL MANAGEMENT
Astra | September 20, 2022
WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK). For this transaction, a WeLab-led consortium, Welab Sky Limited (WeLab Sky), participated in the acquisition together with Astra's s...
BITCOIN AND CRYPTO
SoFi | March 25, 2022
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced members will now be able to invest part of every direct deposit into cryptocurrency¹ with zero fees². This feature builds on SoFi’s robust offerings for Checking and Savings³ accounts, which already includes no account or overdraft fees, up to two-day early paycheck⁴ and an industry-leading 1.00% annual percentage yield (APY).⁵ Members will be able to set a recurring purchase⁶...
PAYMENTS
TreviPay, Digital River | April 08, 2021
TreviPay, a worldwide business-to-business installments organization, today declared the dispatch of its installments arrangement with Digital River, an accomplished worldwide trade empowering influence for set up and quickly developing brands. The innovation will permit Digital River to additionally mechanize and build up a purchaser like buying experience for its B2B customers to rapidly scale their business on a worldwide level. "Advanced River is continually hoping to add...
FINTECH
Credit Suisse | July 06, 2021
Credit Suisse will collaborate with Klara on new open banking alternatives. Both firms have been focusing on developing solutions and providing value for their corporate clients, such as seamlessly sharing payment information and online credit applications. According to the announcement, private clients of Credit Suisse will be able to begin digital payments through a one-time opt-in process as a result of the cooperation. These customers can then connect the...
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