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Amsterdam FinTech Startup Expands Across Europe

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Amsterdam FinTech startup bunq is expanding into 22 additional countries after successful launches in Austria, Germany, Italy, Spain, France, Ireland and Belgium, TechCrunch reported on Tuesday (Oct. The bunq Travel Card is a Mastercard without any foreign exchange fee, and bunq offers a true exchange rate on purchases in foreign currencies.

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Banking-as-a-Service Tops This Week's B2B VC Roundup

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But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. and Hong Kong.

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Teen-Focused Digital Bank Pixpay Raises $3.4M

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French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported on Friday (Nov. A Pixpay account can be opened by anyone 10 years old or above, and both parents and children can download the app together. The startup has raised $3.4 million (€3.1

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TransferWise Teams With Alipay For Money Transfers In China

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The partnership gives TransferWise’s estimated 7 million customers the ability to transfer Chinese yuan from 17 currencies to Alipay’s 1.2 Your money will be sent with the real exchange rate — like the one you see on Google,” TransferWise said. The startup has raised a total of $772.7 billion users across the globe.

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Bitcoin Daily: HSBC — Blockchain Makes FX Trade Cheaper; QuadrigaCX Representation Delayed In Court

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HSBC ‘s blockchain-based system has helped the bank save 25 percent on foreign exchange (FX) trades. In other news, CoinDesk discovered that the Central Bank of Iran is working with two blockchain startups on a new token ecosystem. A fourth firm, Goodmans LLP, has requested an extended appointment process.

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Robotics Process Automation Rakes In The VC Cash

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RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Another nine-digit investment round was landed by a startup this week.

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Small Business FinTech Takes Center Stage With VCs

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raised venture capital for their SMB-facing tools, including global payments, accounting and banking. Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters. Businesses across Asia, South Africa, the U.K. Nisa Finance.