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Paynetics ups ESG game with Novus acquisition

Bulgarian embedded finance firm Paynetics has bolstered its environment, social and governmental (ESG) activity via acquisition, taking over UK neobank Novus. Founded in London in...

Woli partners with Paynetics to enhance youth financial literacy

Money management platform Woli, that helps children and teenagers manage their finances, has partnered with Paynetics to power its payment accounts and Visa cards.  The...

Paynetics agrees to acquire payments app provider Phyre

Payment platform Paynetics has agreed a deal to acquire European digital payments app provider Phyre to help bolster its distribution of B2B financial products.  A...

Affordability checks at the heart of UK’s new BNPL regulations 

The UK government has tightened the regulations around the BNPL sector, increasing the level of affordability checks that are required from merchants. The sector has...

Former Wirecard CEO Markus Braun charged by German prosecutors

Prosecutors in Germany have confirmed they have charged Wirecard’s ex-CEO Markus Braun, following allegations of market manipulation and falsely representing the firm’s financial status.  According...

Paynetics and phyre combine to support humanitarian organisations

Sofia-based ‘regulated fintech’ Paynetics and digital wallet provider phyre have joined forces to release a free mobile offering aimed at equipping charities with improved...

Fintech Swiipr continues growth into airline sector

Rapidly growing fintech Swiipr has continued expansion in the travel industry through a new collaboration with Paynetics, the regulated e-money services provider, for the...

Paynetics partners with Thames Technology to boost UK efficiency

Paynetics has chosen Thames Technology to become its card procurement services supplier across the UK and Europe, as the company looks to improve efficiency...

Paynetics announces Ian Clowes as new Chairman

Fintech and payment services provider Paynetics AD has announced the appointment of Ian Clowes as chairman of Paynetics UK. Clowes brings over 30 years of...

Paynetics links with phyre for enhanced digital wallet

Fintech and payment service provider Paynetics AD, digital banking platform provider phyre and commercial bank Bulgarian American Credit Bank (BACB), have united for the...

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