Kintsugi Announces $6M Series A Funding Round At $40M Valuation
- 1 year 1 month ago
- Fundraising News
As businesses grow, the complexity of sales tax compliance increases. Addressing this challenge is Kintsugi, a fintech startup using advanced AI to simplify tax compliance. Today, Kintsugi announced the successful completion of a $6 million Series A funding round, valuing the company at $40 million.
Forward Secures $16M Seed Funding Led by Commerce Ventures, Elefund, and Fiserv
- 1 year 1 month ago
- Fundraising News
Forward, a tech partner that enables SaaS companies to integrate and monetize payments, has successfully raised $16M in seed funding. This round was spearheaded by Commerce Ventures, Elefund, and Fiserv. The new capital will help Forward cater to the growing demand from software partners and leverage artificial intelligence to enhance payment risk functions, significantly improving both client and merchant experiences.
Over a Third of Fraud Attempts Targeting Financial Institutions Now Use AI
- 1 year 1 month ago
- Fraud Detection
Signicat, the European leader in digital identity and fraud prevention solutions, today announces a new report on the growing threat of AI-driven identity fraud in partnership with independent consultancy Consult Hyperion. The research reveals that fraud prevention decision-makers across Europe are experiencing more AI-driven identity fraud and expect it to grow, but are unprepared to tackle it, and haven’t been able to implement measures to...
The Bank of London Announces Strategic Partnership with allpay Limited to Transform Banking and Payments in UK Social Housing Market
- 1 year 1 month ago
- Banking
The Bank of London announces a strategic partnership with payments specialists, allpay Limited, to simplify and expedite payments for everyone, whether they have a bank account or not, through easily manageable prepaid cards.
FinTech Industry Unites Behind Project Nemo
- 1 year 1 month ago
- Infrastructure
Today, Project Nemo announces that support from across the FinTech industry is enabling the disability inclusion initiative to exhibit at Money20/20, to bring more awareness of the need to serve the UK’s largest minority better.
Klarna Announces Profitable Start to 2024 as It Sets the Stage for a Year of Innovation and Growth
- 1 year 1 month ago
- Infrastructure
Klarna, the AI-powered global payments network and shopping assistant, today reported its Q1 2024 financial results, revealing another profitable quarter and continued growth outpacing ecommerce.
Ivalua Teams Up with Visa to Help Unlock Capital Within Supply Chains
- 1 year 1 month ago
- Supply Chain Finance
Ivalua, a global leader in spend management, today announced a collaboration with Visa, a world leader in digital payments, to empower organizations to release the cash locked within payment cycles, driving process efficiencies and maximizing opportunities with suppliers.
ABN AMRO Announces the Acquisition of Hauck Aufhäuser Lampe
- 1 year 1 month ago
- Banking
ABN AMRO announces it has reached an agreement with Fosun International to acquire Hauck Aufhäuser Lampe (“HAL”), a leading German private bank. With the acquisition of HAL, Bethmann Bank – ABN AMRO’s private banking arm in Germany – will become one of the largest providers of banking services for wealthy private clients, family businesses and institutional clients in Germany.
Oscilar and Socure Announce Partnership to Modernize Identity Verification and Risk Management for Financial Institutions
- 1 year 1 month ago
- Digital Identity
Oscilar, a leading provider of AI-driven risk management solutions, and Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, announced a partnership that will set a new standard in digital identity verification, fraud prevention and risk management for financial institutions.
XYB, the Coreless Banking Pioneer, Appoints Derek Joyce as CEO
- 1 year 1 month ago
- People Moves
XYB, a leading global coreless banking Platform as a Service (PaaS) pioneer, has appointed fintech veteran Derek Joyce as the newly standalone company’s CEO. With a wealth of experience in building and successfully scaling innovative fintech businesses, including stints at American Express, Klarna, Bread and Alloy, Joyce will spearhead XYB’s growth ambitions as it embarks on its mission to accelerate the world’s transition to accessible and...
World’s Leading Voices in Politics, Cryptocurrency, Blockchain, and Web3 Gather for Consensus 2024
- 1 year 1 month ago
- FinTech StartUps
Consensus 2024, the world’s largest cryptocurrency, blockchain and web 3.0 conference, takes place at the Austin Convention Centre, Texas today until Friday 31st May. Hosted by CoinDesk, it will welcome over 350 of the most influential figures in the digital assets space and over 10 thousand attendees to attend a series of groundbreaking presentations, panel discussions and exciting networking sessions.
Yapily and mmob Streamline Open Banking Solutions for More Businesses Than Ever
- 1 year 1 month ago
- Open Banking
Yapily*, a leading provider of open banking solutions across UK and Europe, is delighted to announce its partnership with mmob, an embedded finance enabler known for its universal API adaptor. This collaboration aims to simplify and accelerate the deployment of Yapily’s open banking solutions by various firms, with effective technical implementation in just two hours.
Climate Impact X Appoints Interim Chief Executive Officer
- 1 year 1 month ago
- People Moves
Climate Impact X (CIX), a global carbon market solutions provider, today announced that its Chief Operating Officer (COO), Mark Glossoti will be appointed as interim Chief Executive Officer (CEO) with effect from 1 July 2024.
American Express and Ecobank Group Sign Agreement to Expand American Express Acceptance in 21 Countries in Sub-Saharan Africa
- 1 year 1 month ago
- Banking
American Express and Ecobank Group, the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in twenty-one countries across Africa.
Verifone and Pennies Reach Milestone of £6 Million Raised for Charities via Micro-donations on Payment Devices
- 1 year 1 month ago
- Infrastructure
Verifone, the payments architect shaping ecosystems for in-person and online commerce experiences, and Pennies, the award-winning fintech charity working to grow and protect micro-donations, are delighted to announce they have facilitated more than £6 million in charitable donations since first partnering in 2011.
