Western Union and Penny Pinch today announce that they have launched international money transfer services in the Penny Pinch app. The co-branded service enables customers in the country to send and receive money globally, based on their convenience and needs.

Montagu, a leading private equity firm, has announced that it has agreed to acquire Multifonds in a carve-out transaction from its corporate parent, Temenos AG (“Temenos”).

Mastercard has joined forces with Payrails, a payment technology company, to accelerate digital payment transformation and foster innovation tailored to the needs of large enterprises. Through this partnership, the two companies aim to provide efficient payment solutions that enable global businesses to streamline complex transactions, boost flexibility, and optimize financial operations.

Offa, the UK's leading Islamic property finance fintech firm, has announced a new raft of appointments as the company expands rapidly.

Bitso, the leading crypto-powered financial services  company in Latin America, continues to expand its listing offering for its clients by enabling the  use of stablecoins USDT on Polygon and USDC on Solana. 

These updates will allow investors to have more network options to move their favorite stablecoins faster and at a lower cost. 

Monument (the bank), the UK’s pioneering cloud-native bank dedicated to serving the mass affluent, today announces the appointment of Shaun Bohannon as Chief Technology Officer (CTO).

Shaun will play a pivotal role in driving Monument’s mission to provide innovative, high-quality financial solutions to the UK’s 11 million mass affluent individuals, who collectively hold over £6 trillion in wealth.

OMB Bank proudly announces the launch of OMBX, a dedicated embedded finance division designed to empower fintechs and other digital companies with seamless banking solutions. With seven fintech clients already operating and several more in its pipeline, OMBX is positioned to become a premier embedded finance partner within the industry.

Okoora, a leading provider of embedded finance and foreign exchange (FX) risk management solutions, today announced its expansion into the American market. The company offers its embedded finance solutions and suite of core APIs to financial institutions, fintech firms and non-financial services companies operating in the U.S.  These organizations can leverage okoora's offerings for their own operations or integrate them into their own service offerings to benefit their customers.

Nutanix , a leader in hybrid multicloud computing, today announced the findings of its seventh annual Enterprise Cloud Index (ECI) survey and research report, which measures global enterprise progress with cloud adoption.

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