Ramp Launches Treasury Product, Expanding into Digital Banking Territory
Ramp introduces Ramp Treasury, a new product allowing businesses to earn interest on stored cash, marking a significant expansion into digital banking territory.
Fintech
Recharge Secures €45 Million Debt Facility to Expand Online Prepaid Payment Platform
Recharge, a European online prepaid payment platform, raises €45 million debt facility to fuel M&A and expansion into Fintech-style services, aiming to reach €100 million revenue in 2025.
Remote Introduces Crypto Payouts for International Contractors, Partners with Stripe
Remote, a platform for hiring and managing global contractors, launches crypto payouts in 69 countries, partnering with Stripe to facilitate fast and secure transactions.
Robinhood CEO Vlad Tenev Sees Bright Future in Deregulation and Cryptocurrency
Robinhood CEO Vlad Tenev discusses the company's comeback, plans for expansion into prediction markets, and the potential impact of a second Trump administration on the fintech industry.
Rollfi Acquired by Priority Tech Ventures After Successful Pivot from Crypto to Payroll
Rollfi, a fintech startup, pivots from crypto to payroll and gets acquired by Priority Tech Ventures, a unit of Priority Technology Holdings, after raising $3.25 million.
Safaricom and Kenyan Banks Raise Concerns Over Central Bank's $200 Million Fast Payment System
Safaricom and the Kenyan Bankers Association express concerns over the Central Bank of Kenya's plan to build a fast payment system, citing potential inefficiencies and high costs.
Safaricom Launches Second Money Market Fund, Ziidi, Amidst GT Bank's Service Disruptions
Safaricom receives regulatory approval for Ziidi, a new money market fund, while GT Bank apologizes for weeks of service disruptions, and MTN Nigeria leads the 5G race in West and Central Africa.
Safaricom's M-Pesa Set to Join Pesalink Network, Revolutionizing Kenya's Digital Payments Landscape
Safaricom's M-Pesa, Kenya's largest mobile money platform, is poised to integrate with the national interbank payment system, Pesalink, breaking down barriers between mobile wallets and traditional bank accounts.
ServiceTitan's Successful IPO Debut Sparks Optimism for Fintech Sector
ServiceTitan's IPO success, driven by retail investors, may pave the way for other fintech companies waiting to go public, despite unusual circumstances surrounding its listing.