Japanese Revenue-Based Finance Startup Yoii Completes $5.5M Funding in Series A Round
- 2 years 2 months ago
- Fundraising News
Yoii Inc., providing the revenue-based financing (RBF) platform "Yoii Fuel" in Japan, announces the completion of a Series A round for approximately $5.5M. This funding round was led by Emellience Partners, with participation from Itochu Technology Ventures, FFG Venture Business Partners, and five other existing investors. This raises Yoii's total funding to $9.5M. By introducing innovative new fundraising methods in Japan, that are neither debt...
UK Government’s Review on Payments and Cash Flow a ‘Step Forward’, According to Know-it
- 2 years 2 months ago
- Payments
The UK Government has published its most recent review into business payments and cash flow. The review, published in November 2023, calls for greater and more transparent reporting for businesses in an attempt to reduce the threatening late payment culture.
Workplace Pension and Savings Fintech Cushon Announced as Latest Member of Association of British Insurers (ABI)
- 2 years 2 months ago
- Insurtech
Workplace c and savings fintech Cushon has become the latest member of the Association of British Insurers (ABI) during a pivotal period of pension reform including the Chancellor’s recent Autumn Statement announcement aimed at unlocking investment in high-growth companies and improving member outcomes.
Reward Advances North East Expansion with New Appointment
- 2 years 2 months ago
- People Moves
Alternative finance lender, Reward Finance Group, is strengthening its expansion plans in the North East by appointing Aaron Tinmouth as business development manager. Originally from South Shields, Aaron has spent five years in the banking sector, most recently as a lending specialist where he managed and maintained a commercial portfolio of active applications.
Bank of Khyber Selects BPC to Enhance E-commerce Security with Advanced Debit Card Technology
- 2 years 2 months ago
- Cybersecurity, Fraud Detection
Bank of Khyber (BOK), one of Pakistan's leading banking institutions, has announced a significant partnership with BPC, a leader in financial technology solutions, to enhance e-commerce and online transaction security for its customers. Under the agreement, all Mastercard debit Cards of Bank of Khyber will be equipped with 3D Secure authentication, conforming to the latest industry standards.
Paytron Selects Thredd as its Global Issuer Processor
- 2 years 2 months ago
- Payments
Thredd, a rapidly expanding next-generation global payments platform, announced its selection by Paytron, a full-suite workflow and spend management platform, as their global issuer processing technology partner.
Global Fintech SumUp Raises €285 Million Led By Sixth Street Growth and Bain Capital Tech Opportunities
- 2 years 2 months ago
- Fundraising News
SumUp, the leading global financial services company, today announced it raised €285 million in funding led by Sixth Street Growth with further participation by Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group.
Lucinity Joins Forces with Trustly to Elevate Financial Crime Prevention
- 2 years 2 months ago
- Cybersecurity
Lucinity, a cutting-edge provider of advanced financial crime prevention solutions, has agreed with Trustly, the innovative online payment solutions company.
Moneyhub Granted Credit Information Services Permissions by the Financial Conduct Authority
- 2 years 2 months ago
- Lending
Moneyhub, the award winning top 100 global fintech, has been granted permission to provide Credit Information Services by the Financial Conduct Authority (FCA).
CaixaBank Creates a New Multi-disciplinary Team to Develop Generative Artificial Intelligence
- 2 years 2 months ago
- Financial
CaixaBank has put together a multi-disciplinary task force of more than 100 people to exclusively analyse and deploy generative Artificial Intelligence in specific areas of internal and customer-related processes. The objective is to analyse the potential of this new technology and develop use cases in which AI contributes to driving digital innovation and improving processes in all of the bank's lines of activity, to improve its customers'...
Two in Five Brits Dread the Festive Period Due to Financial Pressure
- 2 years 2 months ago
- Personal Finance
The festive period is meant to be one of cheer and happiness, but for two in five Brits it is one full of dread due to the extra financial pressure on them. During this time of the year, there is much expectation placed on people to buy gifts for family, friends and partners amongst other extra expenses. The feeling of dread is one that is particularly felt by the younger demographic, with over half (53%) of 18-34-year-olds surveyed saying they...
DCCI: A Watershed Moment for Saudis Datacentre & Cloud Industry
- 2 years 2 months ago
- FinTech StartUps
Going beyond expectations, the debut edition of Datacentre & Cloud Infrastructure Summit (DCCI) on 29 – 30 November in the Kingdom sparked numerous vital conversations amongst industry leaders.
Singapore Blockchain Festival and Traders Fair 2024: A Global Celebration of Finance, Innovation, and Technology in the Heart of the Financial Ecosystem
- 2 years 2 months ago
- FinTech StartUps
FINEXPO is set to host the highly anticipated Singapore Blockchain Festival and Traders Fair 2024 in tandem. This dual event marks a pivotal moment for the global financial ecosystem.
ila Bank Collaborates with Gulf Air to Offer Falconflyer Miles to Its Credit Card Customers
- 2 years 2 months ago
- Lending
ila Bank, Bahrain’s leading digital mobile-only bank powered by Bank ABC, has tied up with Gulf Air to provide customers personalised rewards on their credit card spends. The Bank’s new credit card rewards programme, ‘ila Rewards’, enables customers to choose their reward blueprint according to their preferences and priorities, thereby suiting their unique lifestyle needs.
