Wise struck an open finance agreement with Plaid; & more!

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Welcome to your daily FinTech news!

NEWS HIGHLIGHT

• Wise struck an open finance agreement with Plaid that will enable Wise's 13 million customers to connect their accounts to thousands of apps. The integration is already live and being used for things such as P2P payments and investment platforms, says Wise. Business customers in the US are using it to send funds to payroll companies, and firms globally are connecting to neobanks, paying credit card bills, and paying taxes. Link here

FINTECH NEWS

#fintechinnovation

• Berlin and London were named among Europe’s Top 5 Fintech hubs. The ranking is based on a survey that polled more than 24,000 pre-selected founders across Europe. Link here


• Tookitaki announced its launch in the Philippines through a partnership with Paymongo. Tookitaki is headquartered in Singapore and provides end-to-end financial crime solutions to several leading financial institutions. Link here

#latam

• Unlimint adds Mexico's CoDi to the alternative payment portfolio. This integration is meant to allow Unlimint's clients to offer their users a quick and secure way to complete payment and collection transactions through electronic transfers. Link here


• Vinteum will train and fund open-source developers for the Bitcoin ecosystem in Brazil. Bruno Garcia will be the first Bitcoin Core developer funded through Vinteum. Link here


• Amber Group brings a retail trading platform to Brazil. This platform, which has been operational in the South American country since June, will also enable the delivery of loans. Link here