TransferWise today announces secondary sales amounting to a total of $319 million at a new valuation of $5 billion. This amounts to an uplift of 43% since May 2019. The round allowed shareholders and employees to sell some of their holdings to other new and existing investors. 

TransferWise continues to be profitable, cash generating, with a strong balance sheet, and is not raising any primary capital. 

Equifax UK has joined Emergent Alliance, a not for profit group of organisations specialising in data, analytics and technology, working together to help the UK’s recovery from COVID-19.
 

Gresham Technologies (Gresham), the leading fintech in reconciliations, banking integration and cash management solutions, has today announced the acquisition of Capital Markets data automation specialist, Inforalgo Information Technology Ltd (Inforalgo).
 

UK fintech Paymentology announces partnership with Finartex Fintech Solutions S.A. to bring data powered and scalable issuing payments solutions to financial institutions in Greece, Cyprus, South Eastern Europe, Eastern Africa, Belgium and Luxembourg.

OneStream Software, a leader in corporate performance management (CPM) solutions for mid-sized to very large enterprises, announced year-over-year revenue, customer, and partner growth in the first half of 2020.

Acronis, a global leader in cyber protection, was positioned in the Visionaries quadrant in the Gartner 2020 Magic Quadrant for Data Centre Backup and Recovery Solutions.

According to the report, “the move toward public cloud, heightened concerns over ransomware, and complexities associated with backup and data management are forcing I&O leaders to rearchitect their backup infrastructure and explore alternative solutions. This research provides analyses of backup and recovery vendors.”

Riverbed announced today that it is adding new cloud-based offerings into its arsenal of Riverbed Application Acceleration Solutions, all specifically built to help significantly accelerate and provide a consistent user experience for leading Microsoft collaboration, productivity and vi

Further expanding the scope of many years of working together, Computop and Limonetik are excited to announce that they have signed an agreement for jointly providing marketplace payment services to their wide-ranging bases of European clients.

CubeLogic, the market leading provider of enterprise risk management solutions for the energy, commodities, and financial services industries has hired David Baker as Group Chief Technology Officer and John Harris as Chief Operations Officer for the Americas region. These are both new roles which have been instated due to growing client demand and rapid business expansion.

LHV, the financial and payment services provider, is pleased to announce award-winning corporate pre-paid payments solution provider, B4B Payments (‘B4B’), has become the latest FinTech customer of its London branch.