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Revolut Posts US$1 Billion Profit for 2024, Singapore Marks Profitability Milestone

Fintech News

This powerful combination directly fueled our record growth, and our technology-driven operating model translated this into record profitability.” The post Revolut Posts US$1 Billion Profit for 2024, Singapore Marks Profitability Milestone appeared first on Fintech Singapore.

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Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities

Fintech Finance

Mambu, a leading cloud banking platform, has announced the acquisition of Numeral , a French payment technology provider for banks and fintechs. The post Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities appeared first on FF News | Fintech Finance.

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Eltropy Acquires Collections Technology Provider Lexop

Finovate

Eltropy has acquired collections technology provider Lexop for an undisclosed amount. Eltropy will integrate its AI-powered communication solution with Lexop’s compassionate debt resolution technology to help community financial institutions streamline collections, reduce delinquencies, and improve borrower experiences.

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Tradition and Technology: Bhutan’s Journey into Fintech and Financial Inclusion

The Fintech Times

With a GDP per capita exceeding $3,100, higher than that of many South Asian neighbours, the country has resisted rapid technological adoption. Despite its historical lag in technology adoption, recent years have seen significant government efforts to expand ICT and telecommunications infrastructure.

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New Volante Technologies Launch Helps Banks Optimise Operational Efficiency and Track Performance

The Fintech Times

Payments-as-a-Service firm Volante Technologies has launched a new solution to offer financial institutions visibility and operational control over their payments business. The post New Volante Technologies Launch Helps Banks Optimise Operational Efficiency and Track Performance appeared first on The Fintech Times.

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German Government Selects Secupay and Episode Six Technology to Deliver Government Disbursements

Fintech Finance

Hans-Peter Weber, CEO at Secupay commented: “As regulated payment institution, we needed a trusted partner to enable us access to the latest technology to ensure the fast and reliable processing of cards designated for vital supplies to refugees. Our highly configurable platform can be adapted to accommodate any requirement.

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Instapay Technologies and Mastercard Make Cross-Border Money Movement Simpler in Malaysia

The Fintech Times

Over three million migrant workers living in Malaysia will now be able to remit funds to their home countries in local currencies in near real-time, following a new partnership between Instapay Technologies , the digital payment platform, and payment juggernaut, Mastercard.