Alternative Payments Raises $22 Million to Modernize B2B Payment Offerings
- 9 months 1 week ago
- Fundraising News
Alternative Payments, a leading fully-integrated B2B payments and checkout infrastructure provider, today announced that they have closed on $22 million in total funding, with rounds led by MissionOG and Third Prime, respectively. The investments will advance the company's mission to digitize and automate B2B payment workflows for industries historically overlooked by fintech innovation.
RTP and FedNow Transaction Limit Increases Fuel Instant Payments Surge
- 9 months 1 week ago
- Payments
New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. banks. 84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.
Fintech LendMN Raises $20 Million USD to Drive Tech-Led Financial Inclusion
- 9 months 1 week ago
- Fundraising News
Mongolia's first digital lending fintech, LendMN, a subsidiary of AND Global, has today announced a $20 million USD debt financing from Lendable, a leading debt finance provider to leading technology-enabled companies in emerging and frontier markets that focuses on promoting a more economically just and environmentally sustainable world.
UnionPay International and Dojo Partner to Expand Card Acceptance Across the UK
- 9 months 1 week ago
- Payments
UnionPay International , dedicated to providing seamless global payment network, has announced a strategic partnership with Dojo, the UK's leading SME payment provider.
VoPay Launches Embedded Cross-Border Solution – A “Shopify for Global Payments”
- 9 months 1 week ago
- Payments
VoPay, a leading provider of embedded financial technology, today announced the launch of its new Cross-Border Payments-as-a-Service solution.
Sopra Steria Enables Banks to Enter the Crypto-Asset Market with a Complete and Tailored-Made Offer
- 9 months 1 week ago
- Cryptocurrencies
Sopra Steria, a major player in European tech, announces the launch of Sopra Crypto Solutions, a comprehensive white-label offering designed to accelerate the adoption of crypto-assets by banks. This solution is built on three technological assets with Fireblocks (secure digital asset management), Chainalysis (compliance) and Wyden (order execution and trade management), offering an integrated response to regulatory and operational challenges.
Nu Mexico Receives Banking License Approval, Paving the Way for Product Portfolio Expansion and Increased Financial Inclusion
- 9 months 1 week ago
- Banking
Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector.
SoFi Helps Student Loan Borrowers Navigate Life Transitions with New Flexible Refinance Option
- 9 months 1 week ago
- Payments
SoFi Technologies, Inc. is making student loan repayment more flexible with the launch of SmartStart, a new refinance option.
Tickmill Integrates Sumsub to Enhance User Experience and Ensure Seamless Digital Verification
- 9 months 1 week ago
- Digital Identity
Tickmill Ltd is streamlining its onboarding processes with Sumsub’s advanced verification technology, empowering new traders with smooth access to global financial markets.
iA Financial Group Expands Insurance Underwriting with FICO Platform, Aiming for 80% Automation
- 9 months 1 week ago
- Insurtech
iA Financial Group, a leading Canadian insurance and wealth management provider, serves over five million clients and manages close to $260 billion in assets.
RiseUp Partners with Yapily to Bridge the Gap Between Financial Insights and Payments
- 9 months 1 week ago
- Open Banking
RiseUp, the AI-driven financial insights tool, has partnered with European open banking infrastructure provider Yapily to help RiseUp customers turn insights into action by enabling fast and seamless payments between accounts.
Alpaca Raises $52 Million in Series C Funding to Fuel Global Expansion and Category Leadership
- 9 months 1 week ago
- Fundraising News
Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, announced its $52 million Series C funding round today from its new office in Manhattan, New York. This significant milestone further accelerates Alpaca’s global expansion and development of its industry-leading product offerings.
DECTA Partners with Paysecure to Expand Payment Orchestration Capabilities
- 9 months 1 week ago
- Payments
International payments processor, DECTA, has struck a strategic partnership with the payment orchestration platform, Paysecure, which will see DECTA’s merchant base benefit from a range of enhanced payment capabilities.
Citizens State Bank Selects Apiture to Deliver Enhanced Digital and Mobile Banking Experience
- 9 months 1 week ago
- Banking
Apiture, a leading provider of digital banking solutions, today announced that Ouray, Colo.-based
PayPal and Coinbase Expand Partnership to Drive Innovation of Stablecoin-Based Solutions
- 9 months 1 week ago
- e-Payments
PayPal Holdings, Inc. and Coinbase Global, Inc. today announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to utilize digital currencies across platforms and borders with the stability of regulated USD-denominated crypto-native assets.
