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Visa Buys Swedish Fintech Tink

Following Visa’s recent abandonment of its acquisition of Plaid, an American fintech, due to concerns from US regulators, the company has agreed to purchase Swedish fintech startup Tink for 1.8 million euros. Tink was founded in Stockholm by Swedish entrepreneurs Daniel Kjellén and Fredrik Hedberg in 2012. Banks and financial startups use Tink’s services to …

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Visa Expands Within the World of Fintech

With fintech growing all around the world, there is a debate as to whether fintech giants and financial institutions should compete against each other or work together. Visa is one of the companies that has decided that they want to work together with fintechs. In June 2021, Visa expanded its Visa Fintech Partner Connect program. …

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British Fintech TrueLayer to Challenge Visa and Mastercard

The fintech industry is allowing innovators from every corner of the world to have their bright ideas broadcasted on a global stage. Many fintech startups are even challenging long standing financial institutions as some of these corporations are having a difficult time adapting in this fast-paced environment, such as commercial banks like JPMorgan Chase. When …

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JPMorgan Chase Faces Possible Obsolescence in Fintech World

The rapidly accelerating global fintech market has shaken up the financial world tremendously and has demanded long existing financial institutions to reevaluate how they do business and the services they offer customers. The pandemic has been one of the leading causes of this rapid fintech acceleration, as many people worldwide have begun preferring to do …

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Volt and Railsbank Announce Partnership

Volt is an Australian neobank service committed to helping customers save money when applying for a loan or taking on debt, without all the hidden fees and tricks of traditional banks. They have recently announced that they will be joining forces with UK based fintech Railsbank, which is designed to help make financial services more …

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Lunu Accelerates World’s Crypto Payments

Some major questions owners of bitcoin have had going forward are which companies and banks will be willing to allow them to transact in cryptos, which currencies will be compatible with their services, and how seamless will it be compared to transactions in standard currencies such as euros or pounds. Well revolutionary new fintech startup …

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