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Today, PingPong announces its authorisation as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This would make it the first Luxembourg based B2B fintech, with offices in Hangzhou, New York, San Francisco, Japan and Hong Kong to achieve this feat in the EU after applying in December 2019. The license enables PingPong to offer a more flexible array of services and increase the scope of customers in the future. PingPong has already helped over 800,000 sellers across the...

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LeaseLock, the leading insurtech software platform that automates deposits out of leasing while providing enhanced lease insurance protection for multifamily operators, today announced veteran fintech executive Oliver Gratry has joined the company as CFO. Gratry brings his fintech growth expertise from Facebook, where he was Head of Finance of F2 (Facebook Financial) and CFO of Novi Financial, a Facebook company that is building a digital wallet for the Libra network. He was also a co-creator...

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1 December 2020: Digital payments start-up Pomelo Pay has secured a £2.1million investment in a seed funding round led by Force Over Mass. The funding will enable the hardware-free digital payment service provider to grow its offering and continue to help businesses – from independent start-ups to multinationals – navigate the current economic climate by enabling them to take digital payments easily and immediately. Pomelo Pay allows businesses to take payments from anyone, in any location...

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PayBito is opening up for coin listing and is focussing on adding at least 5 leading emerging coins within the first quarter of 2021. The collaborative approach taken up by USA-based leading global exchange will allow the new cryptos to benefit from the marketing and promotional initiatives that will follow the listing. PayBito is focussing on emerging coins with utility value across industries like financial services, entertainment, eCommerce, real estate, and others. Being associated with a...

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Visa (NYSE:V), the world’s leader in digital payments, and Conferma Pay, the world’s foremost provider of virtual payments technology, today announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions, to help improve cashflow for businesses and eliminate outdated manual processes. Virtual commercial cards have never been more necessary than today. Remote workers are turning to personal cards to pay for corporate expenses, buyers and suppliers need more efficient ways to...

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Zact, a Silicon Valley-based Fintech company, announced the launch of its integrated Payments and Expense Management platform.   Zact is an innovative solution to the vexing problem of managing corporate expenses and payments, that at once aligns the needs of the spending employee and the accounting departments.  Based on the principle of “pay by the rules,” policy guardrails are enforced before the spend happens. The Zact platform traverses the entire stack in expense and payments management, from...

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