Digital Financial Services news and trends

MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers
Cross-border Payments // June 25, 2020

MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a press release. Digital Financial Services is a partnership between Etisalat and Noor Bank, which was acquired earlier this year by...

Swedish Open Banking Startup Tink Closes €90M Funding Deal
Fintech Investments // January 20, 2020

Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday (Jan. 20). The startup’s platform links over 2,500 banks and 250 million users across Europe. The new funding is being...

SoftBank Invests $1B Into Wirecard
Investments // April 24, 2019

Wirecard, the German financial company, and Japan’s SoftBank Group announced Wednesday (April 24)  a deal in which SoftBank will invest about EUR 900 million in Wirecard. In a press release, the companies said the investment will come via a convertible bond mechanism. On Tuesday (April...

Quick Reads
MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers

June 25, 2020
MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a press release. Digital Financial Services is a partnership between Etisalat and Noor Bank, which was acquired earlier this year by the Dubai Islamic Bank. The new partnership will allow customers […]

Swedish Open Banking Startup Tink Closes €90M Funding Deal

January 20, 2020
Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday (Jan. 20). The startup’s platform...

SoftBank Invests $1B Into Wirecard

April 24, 2019
Wirecard, the German financial company, and Japan’s SoftBank Group announced Wednesday (April 24)  a deal in which SoftBank will invest about EUR 900 million in Wirecard. In a press release,...