Hi!
In case you missed it, please see below today's most relevant fintech news.
Mastercard brings its customers Apple Pay, a safer, more secure, and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons, or exchanging cash while using the power of iPhone to protect every transaction. Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Apple Pay will be initially available to Citibanamex and Banorte Mastercard cardholders, who will be able to make in-app purchases as well buy in-store and pay in any terminal that accepts contactless payments. Coming soon, it will be available to Inbursa Mastercard cardholders. Link here.
TransferWise to hire over 70 new staff in Singapore to grow its regional footprint; announced after its rebrand to Wise. In a press statement, Wise said the expanded presence allows it to better serve regional consumers, businesses, and bank partners, and drive business growth into new markets. Link here.
AccountsIQ, a leader in Financial Management Software (FMS) for mid-market SMEs with multiple subsidiaries, branches, and locations, announced it has secured a €5.8M investment from UK- and-Netherlands-based venture capital firm, Finch Capital. Link here.
For those looking for the best early-stage opportunities in Fintech Latam... meet Mundi. Last week Mundi secured a Seed round of funding of $7.8M, led by Base10 Partners, with participation from FJ Labs and a number of notable fintech angels. Link here.
This ends my Daily Fintech Newsletter. Let me know if there are any questions or news/insights worth mentioning in the next newsletter. Until the next!
Regards,
Marcel van Oost
marcelvanoost.com
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