FinTech Clara, Mastercard Expand in Colombia


Cover picture for the articleThree months after it achieved unicorn status with a value of more than $1 billion, the Latin American startup Clara has launched into Colombia with support from Mastercard’s global payments network, the Mexico City-based FinTech announced Thursday (March 24). Clara’s arrival in the transcontinental country, which spans South…


Mastercard, Global Processing Services Team on FinTech Payments Tech

Global payment technology platform Global Processing Services (GPS) partnered with Mastercard to launch card programs for FinTechs in Europe and Asia-Pacific, including Revolut, Starling Bank and Curve, according to a Wednesday (March 23) press release. GPS secured more than $400 million in capital from investors, including Advent International (through Advent…

Iskratel Expands into the UK Market to Deliver FTTH

Iskratel, a Slovenia-headquartered ICT provider, is intensifying its activities in Western Europe and is now offering its innovative Fibre-To-The-Home (FTTH) solutions from a newly opened branch in the UK. As one of the major ICT players in the EU, Iskratel is already present in Western European countries such as Germany,…

Amsterdam FinTech Expands to Australia

London- and Amsterdam-based FinTech has launched in Australia, the company announced Monday (March 21). The firm is best known for selling digital gift cards for popular brands such as Spotify, Netflix and Xbox. The move comes as the gift card and buy now, pay later (BNPL) sectors are undergoing regulation changes.

FinTech Flutterwave Debuts in Tanzania

African FinTech Flutterwave has won approval from the Bank of Tanzania (BoT) to launch its service in the East African nation, the San Francisco-headquartered company announced Wednesday (March 23). Flutterwave said it will open offices in Dar, the largest city and financial hub of Tanzania, to drive digital payments by…


Notes from SXSW: What’s next for the metaverse, Web3 and climate tech

Good morning! South by Southwest returned to in-person programming this year after two years away, and a few Protocollers were on the ground to assess the vibe (and the tacos). As expected, the metaverse, crypto and climate change dominated conversations throughout the week. The scene at SXSW. The metaverse doesn’t…

Digital Economy Payments: Going Digital To Pay For Travel And Restaurant Dining

Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and Travel. Half of all travel-related purchases were made using mobile devices in February, showing that consumers are taking their digital payment habits with them as return to the physical world. The February PYMNTS’ Digital Economy Payments examines the payments behaviors of 3,250 U.S. consumers to find that consumers are giving up the PCs and laptops for mobile devices and digital wallets.


North American Bancard Acquires B2B Payments Firm PayTrace

B2B payments solution provider PayTrace says it has been acquired by Michigan-based credit card processing firm North American Bancard (NAB). “PayTrace is becoming their preferred gateway solution for all merchant types,” the company wrote in a blog post. And with the acquisition, PayTrace has become certified on the Electronic…

Virtual Production Tech Firm Mo-Sys to Set Up Major Studio, Research, Training Hub in London

Mo-Sys — a U.K.-headquartered developer of camera tracking systems and virtual production technology — has secured a 150-year lease on a former gas and power station in south-east London, with plans to renovate and build virtual production stages and a virtual production research center.According to Mo-Sys CEO Michael Geissler, the company — which last year won a Hollywood Professional Association Award for Engineering Excellence for its NearTime rendering workflow technology — plans to invest in the region of $7.2 million in the Plumstead Power Station in Greenwich and has secured a grant of around $5.5 million from local authorities as…

Indian B2B Payments Firm Rupifi Lands $8M

B2B payments platform Rupifi has raised $8 million in venture debt, an extension of the $25 million Series A the company closed in January. According to media reports Tuesday (March 22), the funding was led by Alteria Capital, Trifecta Capital and Innoven Capital. “To further increase penetration and plug the…


Motley Fool

Why Mastercard Stock Was a Winner on Wednesday

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More. What happened. Shares of payment-card titan Mastercard (…

DHL Express Collabs With South Africa Shoe Brand

Click here to read the full article. Veldskoen CEO Nick Dreyer said DHL approached the firm to collaborate on a limited edition shoe to highlight South African fashion.This content is for Limited, SJ Promo- 40% off, Annual, SJ Promo 50% off, $2/ Week, $3 / Week, SJ Promo- 25% off and $15 a Month members only. You can read up to five free articles each month with a Limited Level Subscription. Please visit the site and log in, or subscribe to read.More from Sourcing JournalAmazon Cries Fraud in India Retail RuckusDHL Express, Singapore Airlines Deal Adds Air Freight CapacityLevi’s Delivers Nostalgic Collection with ‘The Simpsons’Best of Sourcing JournalAllbirds and Chinatown Market Upcycle Scraps Into Auctionable FashionSourcing Snapshot: Global Footwear Manufacturing and Trade

Today in FinTech Ukraine: Mastercard Gives $2M for Relief Efforts

Today in FinTech Ukraine, Mastercard is donating $2 million to support relief efforts in Ukraine, and Unchain Fund, which was created by blockchain activists, is aiming for the smooth transfer of humanitarian funds. Mastercard. Mastercard has donated $2 million to support the relief initiatives in Ukraine and the nearby countries…

GRO Capital Closes $662.25M GRO Fund III

GRO Capital has closed its northern European B2B software-focused fund GRO Fund III K/S, continuing the investment strategy pursued in prior funds, with a focus on accelerating the growth of mature software companies within the Nordic region, DACH and Benelux, according to a Wednesday (March 16) press release. The fund,…

1954: Colombia

Colombian dictator Gustavo Rojas Pinilla granted women the right to vote in 1954, despite opposition from the Catholic Church. Women were able to exercise that right in elections in 1957, and Colombia has since gone on to elect women for various government offices, although they are still underrepresented as a whole. [Pictured: A woman votes in Bogota on March 18, 1962.]


Donovan Larsen

Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

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