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Bulgarian Paynetics Powers Up ESG Commitment with Novus Acquisition - TheRecursive.com
Today, Bulgarian-founded Paynetics, an e-money service provider, announced its strategic acquisition of Novus, a UK-Bulgarian challenger banking app. The deal highlights Paynetics’ commitment to advancing ESG goals.
Czech Flowpay Secures €2M for Tailored Credit Solutions Expansion - TheRecursive.com
Czech fintech startup Flowpay, using predictive AI models, automation, and embedded finance, raised €2.1M in a seed round. The round was led by Techstars, alongside Czech VCs like Soulmates Ventures and DEPO Ventures, and angel investors such as Mark Ransford, Martin Herrmann, Kartik Varma, Allard Luchsinger, and others.
Bulgarian Unicorn Payhawk Obtains a UK Electronic Money Institution License - TheRecursive.com
Bulgarian-founded spend management solution Payhawk has obtained an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority after a detailed assessment of its compliance and operational processes.
Plum’s Victor Trokoudes on AI, Eurobank Partnership and ETFs on 9 EU Markets
The Recursive sat down with the Greek founder of Victor Trokoudes, co-founder and CEO of UK-based smart money app Plum, to discuss the effects of the downturn, changing financial landscapes, and how the company has navigated through the past year.
10+ Startups Helping You Keep More Money in Your Pocket - TheRecursive.com
In an era of rising inflation and soaring living costs, people around the globe are increasingly looking for ways to save money on their daily expenses. Luckily, many startups are developing solutions to tackle this very problem and help people better manage their personal finances.
How Fintech Companies Are Changing Credit and Debit Cards - TheRecursive.com
The fintech industry has been disrupting traditional banking and financial services for quite some time now, and one of the areas where this disruption is most visible is how fintech companies are changing credit and debit cards.