In today’s top payments news around the world, i2c has been selected to power Pakistan’s inaugural digital-native financial super app, while Orange Bank has purchased neobank Anytime. Plus, Neat recently said it has become a member of the Visa network and will issue its own Neat card for Hong Kong-incorporated companies.
Digital payment and banking technology company i2c has been chosen to power TAG, Pakistan’s inaugural “digital-native financial super app,” which is set to launch in the first quarter of 2021, according to a company announcement. “i2c’s tech stack provides us a sound foundation for enabling the kind of innovative, safe and secure payments experiences we’re bringing to market,” TAG Chief Executive Officer Talal Ahmad Gondal said in the announcement.
Orange Bank has bought Anytime, the neobank geared toward associations, independent professionals and small firms, in a deal whose terms were not revealed. Anytime has grown by offering business accounts, payment products and expense management that streamline operations for small businesses. The company’s platform lets firms manage unpaid invoices and make quotes in addition to invoices, among other tasks. At the moment, Orange serves millions of professional and business clients in France who might opt to use Anytime’s services.
Neat recently said that it has become a member of the Visa network and will issue its own Neat Visa card for firms incorporated in Hong Kong. The financial technology company can issue its own payment offerings as a Visa member, utilizing Visa’s international network and offering a strengthened customer experience. Neat has helped more than 5,000 business customers expand and trade in other nations as of its 2017 launch. The news comes as Neat wrapped up a Series A funding round last April.