Visa is partnering with Ingo Money to launch a product that enables push-to-card payments for merchants and banks.
The payments giant is acquiring UK-based company Earthport, which offers an API to remittance firms and banks, for $250.6 million.
Venmo had a record fourth quarter in 2018, including an increase in the number of people using Venmo for purchases.
U.S. Bancorp (U.S. Bank) subsidiary Elavon has acquired B2B payments software company CenPOS.
From mobile banking to lease-to-own, fintech companies are working to foster financial inclusion.
British peer-to-peer lender Zopa has obtained a U.K. banking license paving the way to launch a digital bank.
U.K. financial technology company Revolut just raised its international profile with a banking license issued by the European Central Bank.
U.K. fintech bank unicorn Monzo has more than a million customers and is planning for a U.S. launch, sources tell TechCrunch.
The U.K.-based firm is applying for a money-transfer license in Brussels to avoid disrupted service if a divorce deal cannot be reached.
U.S. brokerage firm TD Ameritrade recently announced that the company is partnering with Tencent to reach WeChat's massive user base.
