Mexico’s Largest Bank Acquires Fintech Payments Startup Openpay
BBVA Bancomer, the largest financial institution in Mexico, has acquired Openpay, a payments Fintech startup based in Mexico that enables real-time payments for individuals, small businesses, and large enterprises. The acquisition comes after a collaborative partnership between the bank and the Openpay which saw the bank benefit by increasing its range of online payments solutions. “This operation will allow us to remain at the cutting edge of payment systems,” said customer solutions chief Derek White at BBVA. “This operation will also bring numerous benefits for our customers.” As a....
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Thanks to its partnership with OpenPay, a payment service provider in Mexico, TAR Aerolineas became the first Latin American airline to accept bitcoin payments. The regional airline is also the first merchant to accept bitcoin payments through OpenPay's platform. TAR Aerolineas decided to explore this route since they wanted to create value for their customers, as well as stimulate the tourism industry in Mexico. In accepting bitcoin payments from international clients, they are being more open to more travellers coming from abroad, particularly from the developed nations that have already....
PRESS RELEASE. Baanx, the fast growing B2B2C “Better than a Banking Platform” specializing in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America.
Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by....
A leading Indian bank, Yes Bank has announced the launch of its new Yes Fintech accelerator for startups working on blockchain and financial technology space. Yes Bank, a progressive Indian bank has partnered with leading names in the country’s startup ecosystem to launch a fintech and business accelerator. The accelerator program, Yes Fintech is powered by T-Hub startup engine, Anthill Ventures, and LetsTalkPayments. The 15-week program is distributed among two facilities, one in Mumbai and another in Hyderabad. Designed for banking and fintech startups, the key focus areas of the program....
The Ivorian payments financial technology (fintech) startup, Julaya, recently concluded its pre-Series A round with an additional $5 million capital raise. This brings to $7 million the total capital that the fintech startup, which specializes in business-to-business payments, has raised in this series.
Senegalese Footballer Édouard Mendy Participates in the Series
An Ivory Coast-based payments fintech startup, Julaya, recently concluded its pre-Series A funding round with an additional $5 million, a report has said. With this latest capital raise, Julaya has now raised a....
The World’s Largest FinTech and Payments event is coming to Europe! Book by Friday to pay the lowest price, saving over 40%. Use code: BITCN200 to save a further €200 and pay only €1695! Money20/20 is the world’s largest Payments and Financial Services event and, to the delight of European FinTech companies, is coming to Copenhagen on 4th – 7th April for the first time. The regional team are working closely with companies across the entire payments ecosystem to make the event the best Payments and Fintech Conference in Europe. The event is evidently already ahead of what were originally....