Leading foreign exchange company Travelex has launched onshore wholesale banknote operations in Canada, marking a significant milestone in its global expansion strategy.

Piere, an AI-first financial automation platform, today announced it has raised $2.1M in pre-seed funding. The round was led by early-stage fintech fund Grand Ventures, with participation from Selah Ventures, Trustage Ventures, Samvid Ventures, and Fabric VC. These investors have backed fintech leaders including Affirm, MoneyLion, Alloy, Happy Money, and Unit.

Finova, the UK’s leading cloud-based lending and savings software provider, has appointed Daniel Broadhurst as its new Commercial Director. Daniel will be responsible for driving Finova’s commercial strategy, strengthening client partnerships, supporting the company’s continued growth and helping to modernise lending processes and technology architecture across the UK market.

Volante Technologies, the global leader in Payments as a Service (PaaS), today announced a new partnership with British Arab Commercial Bank (BACB), to modernize the bank’s payment processing infrastructure and replace legacy systems with a cloud-native platform.

Global fintech SumUp has officially launched in Mexico, set to transform the way small businesses operate with its cutting-edge payment and business tools. With this launch, SumUp aims to introduce a new level of efficiency and ease that the Mexican market has yet to experience. 

UK wealth managers are trailing behind their global counterparts when it comes to advising clients on crypto investing, according to new research from Avaloq, a global leader in digital banking solutions and wealth management technology.

Zilch, the consumer payments platform powering the future of commerce, today announced it has partnered with Plaid to integrate open banking into the heart of its repayment experience. Together, the companies will unlock new, streamlined ways to repay for its 5 million+ customers. 

Silverflow, the new standard in payment processing, is spotlighting two of the biggest conversations in payments right now: the dead weight of legacy infrastructure and a divided outlook on fintech investment.