Toqio Welcomes Key Hires As B2B Embedded Finance Sector Surges
- 3 days 20 hours ago
- People Moves
Toqio, a leading technology platform for B2B embedded finance for businesses, has added two senior hires across its key markets of the UK and Spain. The two new hires – a VP of Technology and UK Head of Sales - will further drive Toqio’s growth and product innovation and come as the B2B embedded finance market is forecast to surge in 2025 and beyond.
Klarpay AG Has Officially Transitioned To Bivial AG
- 3 days 20 hours ago
- Payments
Bivial AG is proud to announce the successful completion of its rebranding from Klarpay AG. This transformation represents a major milestone in the company's journey, aligning its identity with its vision to become a global leader in comprehensive financial solutions for digital businesses.
Mambu Strengthens Executive Leadership Team With Addition Of Ivneet Kaur As Chief Product & Technology Officer
- 3 days 20 hours ago
- People Moves
Mambu, a leading cloud banking platform has announced the appointment of Ivneet Kaur as Chief Product & Technology Officer.
Allvue Systems Acquires PFA Solutions To Expand Its Position As The Premier Solution Provider For Alternative Investors
- 3 days 20 hours ago
- Investment
Allvue Systems, LLC, a leader in alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital. PFA’s flagship product, FirmView®, combined with Allvue’s platform, will help CFOs and finance teams streamline fund operations and accounting workflows. The combined power of both platforms will further enable...
Parafin Raises $100M Series C To Redefine Small Business Financial Services
- 3 days 22 hours ago
- Fundraising News
Parafin, which builds embedded finance infrastructure, has announced the close of its $100 million Series C financing at a $750 million valuation. The financing was led by Notable Capital, with significant participation from Redpoint Ventures. Existing investors Ribbit Capital, Thrive Capital, and GIC also participated in the round.
Databricks Is Raising $10B Series J Investment At $62B Valuation
- 3 days 23 hours ago
- Fundraising News
Databricks, the Data and AI company, today announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This funding values Databricks at $62 billion and is led by Thrive Capital. Along with Thrive, the round is co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners and WCM Investment Management.
Samantha Seaton Steps Down As CEO Of Moneyhub
- 4 days 21 min ago
- People Moves
Moneyhub, the pioneering force in Open Banking and Open Finance, today announces a leadership change, with Sam Seaton concluding her tenure as Chief Executive Officer. Anne de Kerckhove, Chair of the Board, Moneyhub will take on the role of Executive Chair of the group in the interim as the business looks to appoint a new CEO.
Boku Marks Accelerated Global Customer Traction And Rapid Payments Innovation In 2024
- 4 days 2 hours ago
- Payments
Boku, the global network for localised payment solutions, marks a landmark year in 2024 with strong commercial growth (H1 24 revenues up by 24%), accelerated merchant adoption, a 30% increase in monthly active users, and the delivery of new strategic partnerships in key geographic regions -, most notably in Europe, APAC and Africa.
Triple-A And Rezo Money Partner To Enable Crypto-Based Mobile Recharges Globally
- 4 days 2 hours ago
- Payments
Rezo Money, a payments platform for mobile recharges, bill payments, and financial transactions using digital currencies, is proud to announce its partnership with Triple-A, a multi-licensed global leader in cryptocurrency payment solutions.
Tuum Earns Recognition In Celent’s Retail Banking Core Systems: Next-Generation Core Banking Edition, 2024, Positioned As A Luminary And Functionality Standout Across Key Categories
- 4 days 2 hours ago
- Banking
Tuum, a leading next-generation core banking technology provider, is proud to announce its inclusion in Celent’s highly regarded Retail Banking Core Systems: Next-Generation Core Banking Edition, 2024. This extensive evaluation highlights the most innovative and effective core banking solutions in the global market.
80% Of Companies Are Investing In AI To Improve Cash Flow Despite Budget Cuts
- 4 days 2 hours ago
- Cash management
In collaboration with consulting and audit firm PwC France and Maghreb,
bunq Becomes First Bank In The World To Launch Real-Time Speech-To-Speech AI Translation
- 4 days 3 hours ago
- IT Innovations
bunq, Europe's first AI-powered bank, today announced a significant upgrade to its AI assistant, Finn, making it the first bank globally to introduce real-time speech-to-speech translation within its app. The enhanced Finn is now capable of instantly translating both the user’s speech and the support agent’s responses in real-time, ensuring a smooth conversation without the need for external translation apps. Besides, Finn now understands and...
AstroPay Launches Multicurrency Wallet For Seamless Cross-Border Financial Management
- 4 days 3 hours ago
- E-Wallets
AstroPay, a global fintech leader redefining cross-border finance, today announced the launch of its multicurrency wallet, a financial tool designed to simplify how users manage money across borders. The wallet enables individuals to hold, exchange, and transact in multiple currencies through a single secure app. Designed for global citizens, it empowers users to navigate the complexities of international finance, whether traveling, working...
Visa Helps Holiday Shoppers Stay Secure, Blocking Nearly 85% More Suspected Fraud Globally This Cyber Monday Compared To Last Year
- 4 days 3 hours ago
- Security
Visa's critical investments in the fight against fraud are paying off for holiday shoppers this holiday season. On Cyber Monday alone, Visa blocked nearly 85% more suspected fraud globally compared to last year.1 Throughout the holiday weekend, suspected fraudulent transactions rose 200% around the world, due in part by the adoption of AI by fraudsters.2
Allica Smashes £3 Billion In Lending And £4 Billion In Deposits
- 4 days 3 hours ago
- Digital banking
Allica Bank has smashed through £3 billion in lending and £4 billion in deposits as the UK’s established SMEs flock to the challenger that promises to deliver ‘business banking how it used to be, just better’.
