Velmie, a leader in banking technology infrastructure, has successfully delivered the core platform behind Vult, Sierra Leone’s first digital financial super app. The launch marks a significant milestone in Velmie's strategic mission to accelerate digital transformation for financial institutions across Africa.

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Holiday parks and FECs have changed significantly in recent years. Introducing new activities, amenities, and experiences have helped capitalise on opportunities such as the rise of ‘staycations’, while mitigating challenges like greater competition, increases to the National Minimum Wage, and a cost-of-living crisis – all of which are squeezing margins.

ZND, a digital finance platform operated by regulated European digital asset exchange zondacrypto, has secured a $20 million token investment commitment from Rollman Management Digital to support the continued development of its technology and business operations. ZND's goal is to provide a streamlined one-stop-shop to explore, earn, trade, and borrow digital assets.

Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with PingPong, a world-leading provider of cross-border embedded payment solutions. PingPong selected Trulioo Business Verification and Watchlist Screening to minimize manual onboarding and deliver rapid, compliant payment experiences worldwide.

MoneyGram, a leading global payments network for consumers, businesses and communities, today announced a new partnership with Plaid, the data network powering the fintech tools millions of people rely on to lead a healthier financial life.

Toku, an account receivable SaaS platform, announced today that it has raised $48 million in Series A funding, bringing its total funding to $55 million. With this fundraise, Toku and CEO Cristina Etcheberry have raised the largest Series A by a female founder in Latin America. The round was led by Oak HC/FT, representing its fourth fintech investment in LatAm in the past three years.

Visa today announced its Product Drop event is scheduled for April 30 in San Francisco. At the event, Visa CEO Ryan McInerney and Visa Chief Product and Strategy Officer Jack Forestell will take the stage to unveil new products, solutions and technology partners that are poised to transform the next generation of commerce.

Visa will unveil its 2025 roadmap and transform the way people around the world shop and buy with AI

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SoFi Technologies, Inc. announced a $2 billion extension of its Loan Platform Business agreement for personal loans with funds managed by affiliates of Fortress Investment Group (“Fortress”). This extension builds on the original $2 billion Loan Platform Business agreement between SoFi and Fortress announced in October 2024.

SoFi also signed a two-year agreement to originate an additional $1.2 billion in loans, with technology powered by a joint venture between Fortress and Edge Focus.

Two years after its adoption, the Digital Operational Resilience Act (DORA) has officially come into force across the European Union, ushering in a landmark effort to fortify the financial sector’s digital infrastructure. The regulation targets real-world vulnerabilities that threaten the continuity of financial services. Its aim is simple: minimise disruption and safeguard the economy from digital system failures.

Who’s in Scope?