Author: TMC Admin

The pandemic accelerated the rise of e-commerce businesses. While startup entrepreneurs often expect growth opportunities and ‘golden mountains’ for their e-commerce business, the reality was different. Financial difficulties to make ends meet, to grow, or simply to meet demand often occurred. Obtaining sufficient capital was not as easy as it seemed, and growth concerns were…

The Fintech Times Bi-Weekly News Roundup on Thursday sees a new CTO for Yapily and a partnership for Salv and Juni. Appointments Noam Oren joins Yapily Noam Oren has joined Yapily as its new CTO. He joins after 13 years at Payoneer. His appointment follows Yapily’s recent agreement to acquire leading German open banking platform finAPI…

Commonwealth Bank of Australia (CBA) launches a new digital home loan refinancing service.  Underpinned by Berlin-based software-as-a-service (SaaS) cloud banking platform Mambu and developed by the bank’s venture arm x15ventures, Unloan will allow the bank’s customers to complete home loan refinancing applications in as little as 10 minutes; CBA has said. Initially limited to customers…

Mergers and acquisitions (M&A) are an integral part of any industry’s success – they allow smaller businesses’ ideas to flourish under new leadership and allow innovators to work alongside one another, rather than against each other. The pandemic put a pause to most things as we knew them, and M&As were no exception.  Stuart Clout,…

A ‘streamlined’ version of the Revolut app is to be made available in five new countries, enabling consumers to access secure money transfers alongside the app’s other financial services.  Customers in Sri Lanka, Chile, Ecuador, Azerbaijan, and Oman will now be able to leverage the app to transfer money to various countries worldwide. Slated to…

The MENA Fintech Association (MFTA), a voice of the region’s fintech community, has published the second volume of its SHIFT report. The first volume, ‘SHIFT – MENA Payments Landscaping’, was published earlier this year and contained everything a fintech needs to know about the region’s payments sector. In continuation to that, MFTA released the second…

It is very easy for many who are new to the fintech space to think that financial technology is an exclusive term for payments technology, and while there is some truth to this, it does not tell the entire story about fintech. However, in June, The Fintech Times is looking to indulge this belief as…