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Africa’s Leading Fintech Moniepoint Announces Successful Completion of US$200 Million Series C Round to Power Financial Inclusion

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.

Wednesday, October 22, 2025 - 10:39
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Financial IT
Mambu Launches Composable Banking Approach in the US to Future-Proof the Next Generation of Credit Unions

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.

Wednesday, October 22, 2025 - 10:03
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Financial IT
Broadridge Appoints Anne-Sofie Strandberg as Senior Country Officer for the Nordics

Anne-Sofie Strandberg has been appointed Senior Country Officer for the Nordics and Premier Account Lead for key Nordic clients at Broadridge Financial Solutions.

Wednesday, October 22, 2025 - 09:59
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Financial IT
Plumery Launches Cashback Management Capability to Help Banks Deliver Personalised Rewards

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.

Wednesday, October 22, 2025 - 09:40
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Financial IT
Paymentology Launches PayCredit to Power Credit Innovation for Digital Banks and Fintechs

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.

Wednesday, October 22, 2025 - 08:56
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Financial IT
Allica Bank Acquires Fintech Kriya in a Move to Deliver £1 Billion of SME Working Capital Finance by 2028

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.

Wednesday, October 22, 2025 - 08:51
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Financial IT
U.S. Bank Avvance Launches Customized Embedded Financing Offering

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.

Wednesday, October 22, 2025 - 08:46
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Financial IT
Global Economies Could Recover More Than $3.3 Trillion USD Annually by Using AI to Reduce Illicit Flows

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.

Tuesday, October 21, 2025 - 15:36
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Financial IT
Edenred and Visa Announce a Strategic Partnership to Accelerate Innovation Across Benefits and Engagement, Mobility, and B2B Payment Solutions

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.

Tuesday, October 21, 2025 - 15:15
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Financial IT
Global Payments Named Official Payment Technology Provider for Select Harris Blitzer Sports & Entertainment Properties

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.

Tuesday, October 21, 2025 - 14:57
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Financial IT

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