Revolut opens tech centre in Barcelona

🟧🟩🟦 FinTech News Round Up From faster international payments to new features from Visa, here's a glimpse into what's happening in Fintech this week. 💰Funding Rounds💲 🟠 Singapore's Osome Raises $17 Million: Fintech firm Osome secured $17 million to invest in product development, marketing, and customer service. Focusing on profitability and automation, they aim to better serve small and medium businesses (SMBs). 🟢 Ekko Secures $2.5 Million for Climate Fintech: London-based Ekko, a climate fintech company, raised $2.5 million. The funding will fuel innovation, partnerships, and global expansion to integrate sustainability into financial services. Their focus is on faster integration for banks and fintech companies, empowering customers to make a positive climate impact through financial products. 🔵 A2A Payments Firm Aeropay Raises $20 Million: Aeropay, a company facilitating secure account-to-account (A2A) payments, secured $20 million in funding. The funds will be used for product development and market expansion. They achieved profitability in late 2023 and are experiencing rapid growth. 💡⚡ Payments Innovation 🟠Faster International Payments with EPC's OCT Inst Scheme: The European Payment Council's (EPC) OCT Inst scheme for faster international payments is now live. This scheme enables instant account-to-account transfers, aiming to improve speed, transparency, and traceability of cross-border payments. Spain's Iberpay acts as the first processor and settlement mechanism, partnering with Santander bank. 🟢 Visa Unveils New Digital Payment Features: Visa is launching a suite of new digital payment features: ◾ Visa Flexible Credentials: Allows users to choose between debit, credit, buy-now-pay-later, or rewards points with a single card. ◾ Tap to Confirm, Add Card, and P2P: Uses your phone for secure identity confirmation, adding cards to wallets, and sending money to friends. ◾ Visa Payment Passkey: Replaces passwords with fingerprint or facial recognition for online payments. #fintech #financialtechnology #finance #innovation #payments #fintechstartup #climatefintech #digitalpayments #RokaSearch

Stay on top of the latest trends in financial technology with these Fintech news snippets: #RokaSearch #fintech #financialtechnology #finance #innovation #payments

Speaking to me at 24Fintech, Hasan Kazmi head of digital partnerships and ventures at Visa explains why people often group payments and fintech together. Payments are the critical enabler to opening up the rest of the financial services subsectors, says Kazmi. “Fintech isn’t just payments, but payments often need to be digitised before you can access other ecosystems.” Speaking about what Visa looks for when identifying firms for its programs. In areas where Visa has a strong presence on the ground, it is able to highlight certain problems it wants to tackle. However, another way the company selects firms is based on their offering, potential and the impact they’re having on their communities. Read more below

#WallettoForbes 🚀Poland's fintech ecosystem is buzzing with innovation, and the collaboration between WALLETTO and FinTech Poland showcases the potential to empower local startups and solidify the country’s role as a key player in European fintech. One of #Walletto's key goals for #2025 will be to strengthen strategic cooperation with FinTech Poland, aiming to enhance our position in innovation and financial technologies. READ more in Forbes Polska: https://lnkd.in/dURTA786 🇵🇱Why #Poland? The Polish #fintech sector is expanding rapidly, with the number of fintech companies growing from #167 in 2018 to #368 in 2024. This growth is a clear indication of the country's rising potential as an innovation hub.🌟 “This strategic partnership will help local startups scale globally with cutting-edge payment solutions, especially as the adoption of #ApplePay🍏 and #GooglePay📲 continues to rise. These mobile payment systems are quickly becoming essential for businesses aiming to provide seamless, contactless payment experiences – an increasingly important demand as consumers seek faster and more convenient payment methods,” comments Irina Istjagina, CCO, Board Member of WALLETTO. In 2024, Poland's mobile payments market experienced significant growth, driven by the increasing adoption of #digital #wallets 💳 and contactless payment methods. The market is expected to maintain this upward trend, growing at a compound annual growth rate (CAGR) of 12.39% from 2025 to 2030.📊 #Fintech #FintechPoland #Payments #Walletto #Partnership #Visa #Mastercard #Acquiring

👋 Meet the 3 latest fintechs in Barcelona! Fintech in Barcelona continues to boom and in this post we'll introduce 3 of the newest fintech firms in our city: Edebex, Triple-A and AeterEdge 💸 Edebex - One-liner Pitch: An online marketplace where companies can quickly and easily sell their client invoices to investors to receive their money faster. - Founded: 2013 - Origin: Belgium - Barcelona team: 20 employees - Vertical: PayTech - Details: They've pre-financed over €300 million in invoices already! - Fun Fact: We love welcoming more fintechs from Belgium, with BCN FinTech co-founders Elliott Locke, ACSI & Clemens Rychlik having spend some time living there and the organisation having great ties with the hub FINTECH BELGIUM. Thanks to Edebex team members Berta Pluma Sanjurjo & Azza Léjri (She/Her) for validating some of the info! 🌐 Triple-A - One-liner Pitch: Triple-A enables businesses to pay and get paid in digital currencies without touching them.  - Founded: 2018 - Origin: Singapore - Barcelona team: 7 employees - Vertical: PayTech - Details: Licensed by the Monetary Authority of Singapore. and trusted by over 20,000 businesses, they bridge the gap between fiat and digital currencies. - Fun Fact: The first time we heard about Triple-A was from their team member Erik Van Thielen who we met at one of our last BCN FinTech events. 💳 AeterEdge - One-liner Pitch: High-performance payments platform for enterprise and scaling businesses. - Founded: 2024 - Origin: Spain - Barcelona team: 2 partners - Vertical: PayTech - Details: AeterEdge offers a cloud-based solution for global payment processing and payouts, connecting businesses to customers in over 170 markets with 150 currencies and 100+ payment methods. - Fun Fact: We first connected with CEO & co-founder 🚀 Mario Manzieri a year ago when he was working at a different fintech and seeing one of his recent LinkedIn posts allowed us to quickly become aware of this new venture :) We're committed to showcasing and supporting the vibrant fintech community in Barcelona. If you're a fintech with a presence here, we want to hear from you! 📊 Submit your details to our BCN FinTech: Database Inclusion Form to be included or have you company details updated in our growing database of 144 fintechs. Let's keep building a robust and dynamic ecosystem together! 👉 Fill out the short form here: https://lnkd.in/dvaTYvAq #bcnfintech #barcelona #fintech #innovation #growth #startups #tech /post led by Clemens Rychlik with the help of Pau, BCN FinTech's customized LinkedIn Post Maker GPT developed by Bourbon Creative. (Welcome back from your holidays 🤖 Pau!)

An open and interoperable world The world is becoming more globalized but many of the advancements in consumer fintech are focused domestically. Travel is becoming cheaper and more convenient, remote work has become popular and we’re spending more and more time online. The world’s opening up but our financial systems are not keeping up. Consumer fintech products have improved significantly over the past 10 years. Each country has their own app that allows you to send money using phone numbers, split bills and more. Yet global solutions have yet to achieve this same sort of local magic. All the local improvements remain enclosed in each of the product’s specific ecosystem. Companies can make it increasingly smooth to pay other people within the same application but if you want to send money outside that ecosystem we have to resort back to legacy systems. This is amplified when trying to send money to people who use financial systems like Mobile money or money transfer apps where the connections are non-existent. This problem is only increasing, even as the rest of the world becomes more connected. We’re building Sling to be truly global and interoperable. One way we’re doing this is with Sling Links. Sling Links let users on Sling send money to anyone, even if they don’t have Sling (yet). The way it works is kind of like digital cash. You create a temporary wallet with the amount of money you want to send. You can then send this wallet over any messenger app via a link. All the recipient has to do is add the details of the account they want to claim the money to and the money gets deposited into to their account – no need to download Sling. Sling Links make sending money as easy as sending a text message in over 50 countries. ⇉  https://lnkd.in/eSKnmyex ⇇

📢 𝐁𝐢𝐠 𝐍𝐞𝐰𝐬: 𝐕𝐢𝐬𝐚 𝐓𝐞𝐚𝐦𝐬 𝐔𝐩 𝐰𝐢𝐭𝐡 𝐑𝐞𝐯𝐨𝐥𝐮𝐭! 💳 🚀 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐂𝐚𝐫𝐝 𝐓𝐫𝐚𝐧𝐬𝐟𝐞𝐫𝐬 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬: Visa and Revolut have partnered to bring real-time, secure payments for Revolut Business customers. Now, businesses can send money globally within 30 minutes or less, simply using a card number! 💼 𝐒𝐮𝐩𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐎𝐯𝐞𝐫 𝟓𝟎 𝐂𝐮𝐫𝐫𝐞𝐧𝐜𝐢𝐞𝐬: Whether you're paying employees, contractors, or customers, this service is available in 78+ countries and supports over 50 currencies. Say goodbye to long waits and high fees! 🔒 𝐒𝐚𝐟𝐞 & 𝐑𝐞𝐥𝐢𝐚𝐛𝐥𝐞: With Visa Direct's global reach and security, your payments are always in safe hands. Get your transactions done quickly and confidently! 🌍 𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐇𝐨𝐫𝐢𝐳𝐨𝐧𝐬: This partnership continues to grow. From P2P payments in 90 regions to Visa virtual cards for B2B travel, Visa and Revolut are making financial services more accessible worldwide! 💡 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐂𝐫𝐨𝐬𝐬-𝐁𝐨𝐫𝐝𝐞𝐫 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬: This collaboration is reshaping how businesses handle international transactions—fast, efficient, and cost-effective. Perfect for startups, travel firms, and more! Revolut Visa #fintech #businessgrowth #globalpayments #crossborderfinance #digitaltransformation #innovationinbusiness #b2bsolutions #fintechnews #globalbusiness #instantpayments #leadership #businessdevelopment #corporatefinance #entrepreneurship #businessstrategy #financialservices

We are pleased to announce our next event in London! 🎉 🇬🇧 Join Acclime and SCALERR for "Charting the Course: UK Fintech's Journey into APAC Markets." Discover why the Asia-Pacific region is the fastest-growing fintech hub, with a young, mobile-savvy population and high fintech user base. Digital payments dominate, but personal finance is the next big growth area. Learn the do's and don'ts of international expansion and how to leverage the right People, Processes, and Playbook for success. Explore major markets like China and Southeast Asia, and understand the regulatory environments fostering innovation. 🔹 Why APAC? - Leading in fintech investments and user adoption - Diverse segments from digital payments to personal finance - Rapidly growing markets with significant opportunities 🔹 Key Players and Segments: - Giants like Alipay and rising startups like Grab - Growth in digital wallets, peer-to-peer lending, and BNPL services Acclime and Scalerr have extensive experience supporting clients with international expansion and global scaling. Don’t miss this chance to explore the vast opportunities in APAC. Reserve your seat today! https://lnkd.in/gtf5fekU #Fintech #APAC #InternationalExpansion #DigitalPayments #FintechGrowth #UKFintech #BusinessGrowth

Are you ready Mexico? We're landing!!! Read the full interview to find out how we're revving up to launch Revolut Mexico 🚀

I recently attended a captivating event hosted by Paymentology, a leading innovator in cloud-based issuer processing. This event brought together industry leaders shaping the African payments landscape. With a keen interest in the intersection of finance and technology, having worked in the fintech space for 3 years, the discussions were particularly insightful 💡 Here are some key takeaways: BIN Sponsorship: Supercharging Fintech Growth: BIN sponsorships provide fintechs with a critical Bank Identification Number (BIN) for card issuance. Partnering with established institutions can be a game-changer for fintechs, enabling them to accelerate market entry. This offers several benefits: - Faster time-to-market: Launch card programs quicker and capitalize on market opportunities. - Reduce costs: Leverage the sponsor's infrastructure and expertise for cost-effective card programs. - Reduced operational burden: The sponsor handles complex aspects of card issuance, freeing up resources for fintechs to focus on core offerings. - Regulatory support: Sponsors with deep compliance expertise can streamline approvals. Choosing the right BIN sponsor requires careful evaluation. Some factors to consider: - Strategic alignment: Ensure the sponsor's capabilities and vision complement your business goals. - Commercial viability: The partnership should be financially sound and generate value for both parties. - Regulatory compliance: Navigating the complexities of regional regulations is crucial. My Tech Story Africa will be delving deeper into this topic soon, so stay tuned! 😉 The Power of Partnerships in Driving Financial Inclusion: Discussions also highlighted the importance of partnerships in fostering financial inclusion across East Africa. Key areas of collaboration include: - Market segmentation and customer insights: Developing products and services tailored to specific needs. - Digital payment adoption: Overcoming challenges and promoting wider use of - cashless transactions. - Technological innovation: Partnerships can accelerate the development of innovative solutions. Safaricom's M-Pesa: A Case Study in Pan-African Expansion The strategic partnership with Vodacom to form M-PESA Africa is a prime example of how collaboration can drive growth and expansion across the continent. Key takeaways include: Standardization and unification: Creating a consistent customer experience across markets. Global reach: Partnerships like the one with Visa enable M-Pesa users to access international markets. Customer-centric features: Developing features like virtual cards with enhanced security and global platform integrations. Looking ahead, the future of East Africa's fintech landscape seems bright. If these discussions pique your interest, then check out My Tech Story Africa. We delve deep into the latest trends and innovations shaping the African tech scene 🧡 What are your thoughts on the evolving fintech landscape in East Africa? 👇🏾