Rego Payment Architectures, Inc., a leading white-label family digital wallet platform provider for financial institutions, announces the launch of fractional investments. Financial institutions who use REGO’s certified COPPA and GDPR compliant family digital wallet can now provide their users and their children the ability to buy and sell fractional shares in an easy-to-use interface.

The dynamic growth of Software as a Service (SaaS) has revolutionised business operations, offering financial organisations newfound flexibility to scale application services according to their unique requirements, freeing them from the constraints of lengthy and costly contracts. Nevertheless, as financial institutions navigate this SaaS landscape, it is crucial for IT and business leaders to remain vigilant about potential challenges related to data storage, retention, and protection within this evolving paradigm.

Avantgarde Finance Group is partnering with Agio Digital, a digital assets and fund services platform, to offer the first-ever institutional-grade on-chain crypto products. Using the platform, it is now possible to set up fully regulated and compliant on-chain funds in a matter of weeks, reducing total expense ratios by more than 80%.

Mypinpad, a global innovator in mobile card payments acceptance and identity authentication software solutions, is thrilled to announce a substantial investment round of $13 million led by Crossfin Holdings (Crossfin). This strategic investment will help expansion and support Mypinpad’s goal of building out its global payments and authentication SaaS offerings.

Zelig is delighted to announce that it acted as sole financial advisor to Arex Markets on its sale to Bankable. 

This transaction gives the combined company the ability to offer new Credit-as-a-Service functionalities to its customer base and to embed the provision of credit and working capital into the payment flows of established neobanks, multinational brands and fintech platforms.

PXP Financial, provider of acquiring and payment processing services and member of the Oracle PartnerNetwork (OPN), has achieved Oracle Validated Integration for its AnyPay platform with Oracle Hospitality Cruise Shipboard Property Management System (SPMS).

This integration allows passengers travelling on ocean carriers to perform swift, flexible and reliable payments, utilizing services and products from both PXP Financial and Oracle.

Paytrix, the London-headquartered fintech that simplifies global payments for fast-growth businesses, has appointed international B2B payments veteran, Nick Tubb, as its Global Head of Sales.