fundcraft Raises €5 Million Series A Round led by Aperture Capital
- 2 years 1 month ago
- Fundraising News
fundcraft, a leading provider of digital infrastructure for asset management, today announces that it has closed a €5 million Series A funding round, led by Aperture Capital, with participation from SIX Fintech Ventures, the CVC arm of SIX Group, and early supporters. The funds will be used for product development and to fuel fundcraft's international expansion.
Bottomline Leadership in Commercial Digital Banking Recognized by The Digital Banker for Outstanding Platform Implementation Honors
- 2 years 1 month ago
- Digital banking
Bottomline, a global leader in business payments, has won top honors at the annual Digital CX Awards, hosted by The Digital Banker. Bottomline won the category Outstanding Platform Implementation for Digital CX. The Digital CX Awards is the world’s only program dedicated to recognizing and benchmarking innovation in digital customer experience across the financial services sector.
Mastercard Redefines Strategic Leadership Roles to Drive Focus on Growth and Digital Transformation Across Middle East Markets
- 2 years 1 month ago
- People Moves
Mastercard has announced strategic enhancements to its leadership roles in the Middle East. The move is part of the company’s efforts to strengthen its regional leadership with a focus on fast-tracking growth, deepening stakeholder engagement and enhancing its focus on its multi-rail capabilities in key markets.
Visa Inc. and J.P. Morgan Payments Forge Strategic Collaboration to Revolutionize Faster Money Movement in the US through Visa Direct
- 2 years 1 month ago
- Payments
Visa Inc. and J.P. Morgan Payments today announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers, with the introduction of faster domestic payments in the US, through the Visa Direct network.
SME Lender iwoca Secures £270m From Citi and Barclays, Taking Total Investment in the Business Past £1bn
- 2 years 1 month ago
- Fundraising News
iwoca announces a new £270m package of debt funding, taking total gross investment in the company to over £1bn since it was founded in 2012. iwoca has received £150m (€175m) in debt financing commitments from Citibank and Insight Investment to support the company’s growth in Germany, and a further £120m from Barclays and Värde for the UK business, as it responds to mounting demand for finance from small businesses.
TerraPay Continues to Attract Top Industry Talent, Names Hassan Chatila as Vice President and Global Head of Network
- 2 years 1 month ago
- People Moves
TerraPay, a leading global money movement company, is excited to announce the appointment of Hassan Chatila as Vice President - Global Head of Network. This key addition to TerraPay’s global network leadership also marks a critical step in the company’s ongoing strategy to simplify and streamline global money movement for businesses and individuals alike, underscoring its commitment to enhancing its network capabilities.
Unlimit and Velmie Unite to Accelerate European FinTech Growth
- 2 years 1 month ago
- Digital banking
Unlimit, a leading global fintech company, has today announced the partnership of its Banking as a Service (BaaS) platform with digital banking solutions provider Velmie.
Rome Becomes the First European City to Offer Open Loop Transit Payments to Chinese, Japanese and Other Cardholders
- 2 years 1 month ago
- Payments
Board public transport and pay the fare by simply tapping with a contactless payment card or mobile phone (to which the card is bound) on turnstiles or authorised readers. Rome is the first city in Europe to offer this contactless payment service to cardmembers from international schemes JCB and UnionPay.
Gallant Capital Acquires Fime and UL Solutions’ Payments Testing Business to Create Global Leader in Payments, Smart Mobility & Digital ID
- 2 years 1 month ago
- Payments
Gallant Capital Partners (“Gallant”), through an affiliate, has acquired Fime as well as the UL Solutions payments testing business (collectively, the “Company”), combining the technical capabilities and expertise of both businesses under the Fime brand.
Capital.com’s Client Trading Volumes Surpass $1 Trillion in 2023
- 2 years 1 month ago
- Trading Systems
Capital.com, the high-growth global trading platform and fintech group, has today announced that total client trading volumes reached more than $1.2 trillion in 2023. This is a rise of 53% from a year earlier and marks the first time client trading volumes have breached the $1trn mark since the company's inception in 2016. This achievement speaks to Capital.com's ability to remain resilient and entrepreneurial even amid uncertainties across the...
Mangopay Appoints Ariel Shoham as Vice President of Risk Product
- 2 years 1 month ago
- People Moves
Mangopay, a modular and flexible payment infrastructure provider that offers 360° fraud prevention for platforms, announces the appointment of Ariel Shoham as Vice President of Product for Risk. Shoham joins to lead the product vision, strategy and roadmap for Identity and Fraud Protection at Mangopay, including its award-winning cybersecurity solution.
Swiss Bitcoin Pay Partners with iDenfy to Streamline Safer Bitcoin Transactions for Businesses Worldwide
- 2 years 1 month ago
- Bitcoins
iDenfy, a Lithuanian-based RegTech company offering ID verification and fraud prevention solutions, has announced a collaboration with Swiss Bitcoin Pay, a leading provider of tools for businesses to accept Bitcoin payments easily. By integrating iDenfy’s KYC and KYB solutions, Swiss Bitcoin Pay will enhance its risk management strategy and streamline both customer and partner company onboarding.
Tamatem Plus Partners with Triple-A to Introduce Cryptocurrency Payments for Gamers
- 2 years 1 month ago
- Cryptocurrencies
In a move destined to reshape the digital gaming landscape, Tamatem Plus, a leading gaming platform in the Middle East, is thrilled to announce its partnership with Triple-A, a licensed digital currency payments provider. This partnership enhances the gaming experience for users of the Tamatem Plus platform by offering a secure and efficient way to purchase game vouchers in digital currencies across the globe.
MYTM and AlHuda CIBE Partner to Drive Global Expansion of Islamic FinTech
- 2 years 1 month ago
- Islamic Finance
In a momentous step for the future of Islamic FinTech, MYTM, a leading Islamic FinTech company, and AlHuda Centre of Islamic Banking and Economics (CIBE), a globally recognized service provider in Islamic finance, have signed a Memorandum of Understanding (MoU) today. The signing ceremony was graced by Dr. Sohail Zafar Cheema, Chairman of MYTM and former Minister of Commerce & Investment, and Mr. Muhammad Zubair Mughal, Chief Executive...
Mastercard and I&M Bank Extend Strategic Collaboration to 8 Years Strengthening Digital Payment Solutions in Kenya
- 2 years 1 month ago
- Payments
Mastercard and I&M Bank have extended their strategic collaboration with an 8-year strategic alliance, ensuring cardholders in Kenya continue to enjoy enhanced value propositions. Under this alliance, I&M bank clients will enjoy competitive premium customer value propositions through a range of world class debit and credit cards.
