PayCaptain – a cloud-based payroll software solution – has shared updates of its 2024 performance and goals for the year ahead.

Founded in March 2020, PayCaptain now services 150 customers with 30,000 employees being paid every month. 2024 saw annual recurring revenues figures hit £2M. Based on PayCaptain’s high retention rate and engaged pipeline the business is set to achieve £3M annual recurring revenue and continued EBITDA growth in 2025.

Central 1 Credit Union (Central 1) and Intellect Design Arena Ltd. (Intellect) today announced the signing of an agreement in which Intellect will assume responsibility for Central 1’s digital banking operations, following Central 1’s decision to wind down its digital banking offerings, announced in October 2024.

Five years after launching its first product in Mexico, Nu  announced today that it has reached 10 million customers in the country, doubling its customer base over the past 12 months. Since entering the market, the local portfolio expanded from a credit card to savings account with Cajitas (Money Boxes), a debit card, as well as personal loans, transforming the lives of nearly 12% of the adult Mexican population.

Clearstream, Deutsche Börse Group’s post-trade services provider, has enhanced its US network link by partnering with Proxymity. Proxymity Vote Connect Total US (VCT US) enables institutional and retail investors owning US shares to vote at US general meetings. 

DoubleCheck announced today the appointment of Ashwin (“Ash”) Rangan as its new chief executive officer. Rangan succeeds outgoing co-CEOs Joel Schwartz and Bill Amelio.

DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today unveiled its partnership with 

B2BINPAY, an all-in-one crypto ecosystem for business, is excited to announce the integration of The Open Network (TON) into its payment ecosystem. Businesses can now accept payments in Toncoin (TON) and USDT-TON, tapping into one of the fastest-growing blockchain networks.

Binance Labs has rebranded to YZi Labs, marking its independence and broader investment focus beyond blockchain into Web3, AI, and biotechnology (biotech).

• CZ will take an active role in mentoring and coaching startup founders, while Ella Zhang returns as Head of YZi Labs to guide the firm’s next growth phase.

• The rebranding signifies a commitment to innovation and long-term value creation across multiple transformative sectors.