Highnote, a leader in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The funding was led by Adams Street Partners with participation from existing investors including Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners.

The Bancorp, Inc., through its subsidiary, The Bancorp Bank, N.A., appointed Dwayne Allen to the Company’s Board of Directors, effective January 1, 2025. The addition of Allen will help drive the ongoing growth of The Bancorp.

Brite Payments, a leader in instant bank payments, has announced that George Parks Davie has been appointed VP Product. Bringing more than 15 years of fintech experience in account-to-account (A2A) payments and open banking to the role, Davie will help expand Brite’s product offering in existing and new geographies, with a strong focus on user experience. As part of the role, Davie will also lead the newly-created Payments Domain within Brite. 

Finastra, a global provider of financial software applications, hosted leaders from community banks and credit unions across the United States to discuss trends and innovation in consumer, commercial and mortgage lending. The User Connect series, open to current Finastra lending customers, took place in Chicago, Illinois; Scottsdale, Arizona; and Orlando, Florida.

Sygnum, a global digital asset banking group who recently announced its expanded EU market entry, is further enhancing its B2B platform offering via a collaboration with Societe Generale-FORGE, the digital asset subsidiary of one of Europe’s largest financial services groups, Société Générale. The EUR CoinVertible (EURCV), a MiCA regulated stablecoin, will be the first Societe Generale-FORGE product made available to Sygnum’s 20+ partner banks in Q1 2025.

One Inc, a leading payments network and software platform for the insurance industry, today announced it has appointed insurance technology industry veteran Scott G. Stephenson Chairman of the Board of Directors.

MoonPay, the leading global crypto payments company, announced today the launch of recurring buys, a new feature that enables users to schedule regular crypto purchases. Recurring buys offer consumers a simple, automatic, and convenient way to grow their crypto holdings while eliminating the need for constant management or market monitoring.

One of the UK’s leading payroll software providers, PayCaptain, has recently launched a new feature in its app to help employed people become more financially resilient.

Pension-finding platform, Raindrop reveals a year of strong growth with £251m recovered in lost pension pots for customers in 2024.

This marks a 61% increase in the number of lost pension pots the Raindrop solution located in 2023, when it traced £156 million. Since launch, Raindrop has found over £460 million in lost pots.

Inclusive global payments platform, Ecommpay, has added Swedish banking app, Swish, to its growing list of Alternative Payment Methods (APMs). The app, which boasts a 39%+ share of checkout in Sweden, is the Swedish consumers’ preferred way to pay. By adding it to the Ecommpay payment platform for payments in SEK, merchants targeting the Swedish market will be able to optimise checkout performance.