Pennies, the award-winning fintech charity which enables micro-donations to charity, successfully held its first ever Micro-Donation Day on Monday, 26 August 2024 which, in addition to boosting awareness of the micro-donation movement, raised £30,000 for charities including Cancer Research UK, MND Association and Great Ormond Street Hospital Charity - thanks to more than 130,000 individual donations.

iDenfy, an AI-powered identity verification, compliance, and fraud prevention solutions provider, partnered with Confindo, a leading provider of IT solutions specializing in customer relationship management (CRM) tools for group companies and external partners. This collaboration will help Confindo manage third-party risks and ensure proper fraud and breach prevention while building a seamless and secure verification experience.

barq, an innovative Saudi financial services startup, has partnered with Mastercard to empower its customers with a range of industry leading payment acceptance solutions through Mastercard Gateway.

The strategic agreement will see barq leverage Mastercard Gateway technology to further equip its merchants and consumers around the Kingdom with greater access to a wide range of value-added services — responsive, personalised solutions that cater to their unique needs and preferences.

Nuvei Corporation, the Canadian fintech company, announces today that it has published its third annual ESG Report for 2023.

The report details Nuvei's ongoing achievements across the key pillars of its ESG strategy and highlights the various ways Nuvei continues to deliver on its vision of being a people-first, technology-led global payments platform.

CAIS, the leading alternative investment platform for independent financial advisors, announced today that Kan Kotecha has joined the firm as the Chief Technology Officer.

Drip Capital, a leading digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC) and $90 million in debt financing led by the International Finance Corporation (IFC) and East West Bank.

Ingo Payments, a trusted leader in account funding and disbursements solutions defined as Money Mobility, announced its acquisition of Deposits Inc., a provider of modern banking software tools and infrastructure. This acquisition accelerates the launch of its Modern Money Stack, which will enable banks, fintechs and brands to transform money flows into full, feature-rich accounts that foster new relationships, revenue streams, and utility, delivered in a modern, modular, compliant and cost-efficient way.

The Bank of New York Mellon Corporation ("BNY"), a global financial services company, today announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry.

Hex Trust, a leading provider of digital asset solutions for institutional finance and the Web3 ecosystem, announces a strategic partnership with Grass. This viral, new decentralized infrastructure network is building the first open internet-to-scale web crawl. Today, the network is powered by over 2 million users who are running nodes to scrape petabytes of web data for AI models. The partnership also cements Hex Trust’s position as a major service provider and custodian within the Solana and SPL ecosystem. 

Clear Street, a financial technology firm modernizing the global capital markets and brokerage ecosystem, today announced that Co-Founder and CEO Chris Pento will assume an executive and partner role at White Bay, the family office of Co-Founder Uriel Cohen, effective at year-end 2024.