Moonfare, the leading global digital private equity investment platform, has capped the extension of its Series C financing round at c.a. $15 million, achieving a record valuation.

MThis brings the total capital raised in the Series C funding round to over $130 million.

Intellect Global Transaction Banking (iGTB), the transaction banking arm of Intellect Design Arena, a cloud-native, future-ready, new-gen multi-product FinTech company for the world’s leading financial and insurance institutions, has been awarded World’s Best in Virtual Accounts management at the Global Finance Treasury and Cash Management Systems Awards 2023. 

Nets, part of Nexi Group, the European PayTech, will establish Nexi Digital Finland as a hub in Espoo, Finland, to drive technological innovation within Nexi Group.

With retail banking and customer behaviour continually evolving, adaptation is the name of the game, and staying abreast of market trends is more important than ever

Ongoing service helps banks and suppliers understand challenges and opportunities

Leading global identity verification provider ID-Pal, today announced the appointment of Tim Murphy as the new independent Chairperson of its Board of Directors. An early investor in ID-Pal, Murphy has sat on the Board as a non-executive member since 2017 and his current position is Principal Director at mergers and acquisitions (M&A) advisory firm, Guacamole Partners Limited. 

Omnio, a leading innovator in Banking-as-a-Service, has completed a 9m Euros equity funding. Omnio will keep the round open for selected investors, targeting a total of 12m Euros. Omnio is a fast-growth pre-IPO banking infrastructure leader based in London, England.  

The Investing and Saving Alliance (TISA), the cross-industry financial services membership body, today announced two changes within the senior management of the business.

The Chief Executive of the Dubai Financial Services Authority (DFSA), Ian Johnston, has been appointed as the Vice Chair of the Africa and Middle East Regional Committee (AMERC) and so, a board member of the International Organisation of Securities Commissions (IOSCO). IOSCO is the global standard-setter for securities regulation.

MyShubhLife, India's leading digital lending and full-stack financial service platform, and EasyPay the Digital Banking platform for the MSME sector in India, have partnered to offer a line of credit to EasyPay merchants. The collaboration will allow MyShubhLife to utilize its technology and quick processes to tap into the EasyPay customer base and enable quick loan disbursals.