Moniepoint Inc., Africa’s all-in-one financial platform for businesses and their customers, announces it has raised over US$200 million in equity financing in a recently closed Series C funding round. The investment reflects Moniepoint’s rapid growth, sustained profitability and proven impact, and will fuel its ongoing mission to power the financial dreams of millions of businesses and their customers across Africa and the global diaspora.
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Mambu, the leading cloud-native core banking platform, today announced the launch of its composable banking approach for credit unions (CUs) in North America, at this year’s Money20/20. Mambu, whose customers include League Data and over 40 Credit Unions worldwide, has brought this initiative to help credit unions move beyond legacy core systems, modernize their infrastructure, and deliver next-generation digital experiences to their members.
Anne-Sofie Strandberg has been appointed Senior Country Officer for the Nordics and Premier Account Lead for key Nordic clients at Broadridge Financial Solutions.
Plumery, a digital banking experience platform for customer-centric banking, today announced the launch of its Cashback Management capability, enabling banks to design, launch, and manage cashback programmes quickly and at scale. With ready-to-use cashback journeys and an AI-driven personalisation module, banks can deliver real-time, tailored rewards that boost customer engagement and loyalty.
Paymentology, the leading global issuer-processor, has launched PayCredit, an advanced credit ledger platform designed to help financial institutions deliver tailored, feature rich credit products at speed, overcoming the limitations of legacy and core banking systems.
Allica Bank has today announced the acquisition of Kriya, the award-winning SME lending fintech specialising in SME working capital and embedded finance.
The move strengthens Allica's SME lending proposition and sees the UK’s fastest-ever growing fintech move into the embedded payments market for the first time.
Financial institutions and fintechs are now able to offer their customers simple, flexible embedded financing options that are tailored to their brand and experience thanks to the new U.S. Bank Avvance developer portal experience.
Money laundering is draining economies worldwide, with an estimated $5.5 trillion USD lost each year across global markets, according to new research from Napier AI.
This equates to 5 per cent of global gross domestic product (GDP) laundered globally each year as financial crime contributes to economic volatility around the world.
Edenred, a global leader in specific‑purpose payment solutions, and Visa, a worldwide leader in digital payments, today announce a strategic partnership to drive innovation and expand their reach in commercial and consumer payment ecosystems.
Global Payments, a leading worldwide provider of payment technology and software solutions, and Harris Blitzer Sports & Entertainment (HBSE) announced a new multi-year global partnership in which Global Payments will be the Official Payment Technology Provider for the top-ranked Prudential Center, the New Jersey Devils of the National Hockey League, and the Philadelphia 76ers of the National Basketball Association.