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Canadian fintech platform and certified credit card issuer Brim Financial has raked in $25m in a Series B financing round co-led by Desjardins Group and US-based EPIC Ventures. The round was also joined by other Canadian and US-based investors including goeasy, White Owl and Impression Ventures. Brim said that it will...
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Banking
Deutsche Bank and Deutsche Sporthilfe extend their partnership until at least...
The partnership between Deutsche Bank and Deutsche Sporthilfe, which has existed for 20 years, will continue. Both sides have reaffirmed their successful cooperation and...
Insurance
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Asset Management
Yes Bank Sells Asset Management, Mutual Fund Businesses To White Oak...
Troubled private lender Yes Bank finalised an agreement for the sale of 100 per cent equity shareholding of Yes Asset Management and Yes Trustee...
Cards & Payments
AirPay FinTech teams up with AsiaPay to support eCommerce merchants
Australia fintech company AirPay Financial Technologies (AirPay FinTech) has collaborated with AsiaPay, a payment gateway operating in Asia Pacific region. The coaboration is aimed at...
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Company Statements
Crypto.com partners Visa to accelerate cryptocurrency adoption
Hong Kong-based cryptocurrency exchange Crypto.com has entered into a global alliance with payment giant Visa and has joined Visa’s network in Australia. Through this tie-up,...
Fintech NymCard raises fresh funds to expand in MENA region
UAE-based banking-as-a-service (BaaS) solution provider NymCard has raked in $7.6m in a Series A funding round to expand in the Middle East and North...
PayPoint bolsters MultiPay digital payments portfolio with new acquisition
PayPoint has signed an agreement to acquire RSM 2000 in a bid to bolster its MultiPay digital payments portfolio. Founded in 1999, RSM 2000 is...
BNPL Provider Zip Branches into Contactless Payments
With Buy Now Pay Later (BNPL) companies popping up all over the place, shoppers have been allowed to opt-out of traditional credit programs and...
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Finance
CreditShop rebrands as Mercury Financial, secures additional $100m investment
CreditShop Holdings LLC (CreditShop) has changed its name to Mercury Financial Holdings LLC (Mercury Financial). Mercury Financial is the largest non-bank credit card company...
