M2P Fintech, Asia's largest Banking infrastructure company, announced today the first close of its Series D financing, raising Rs. 850 crores through a mix of primary and secondary share capital. The financing was led by Helios Investment Partners and places the company's valuation at over Rs. 6,550 crores. The funds will be utilized to cement M2P's market leadership in India, besides helping grow its international franchise, particularly in Africa.=
All content with RSS
Youverse, a leading provider in privacy-preserving biometric solutions, has strengthened its leadership in liveness detection by achieving updated compliance Level 1 and Level 2 from iBeta Quality Assurance for presentation attack detection (ISO 30107) with a 0% False Acceptance Rate (FAR) under more than thousands challenging spoofing attempts. This accomplishment reinforces Youverse's commitment to providing secure and reliable identity verification solutions.
Firstsource Solutions Limited, a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has acquired Ascensos, a leading UK-headquartered customer experience outsourcing partner for retail and eCommerce businesses.
Backbase, the creator of the Engagement Banking Platform, announced today a strategic partnership with OneAZ Credit Union to modernize the credit union’s technology architecture. Through Backbase’s platform, OneAZ will deliver a simplified and streamlined banking experience, expanding beyond financial service offerings to include insurance, real estate and other lifestyle-related offerings – creating a one-stop-shop for its members.
The Bank of New York Mellon Corporation, a global financial services company, released today the results of a 2024 survey of community banks that it conducted with the Harris Poll, a global market research firm.
Mastercard, a global leader in payments technology, has collaborated with Entreprenelle, a social and business development organization that supports, connects and trains women entrepreneurs. As part of this collaboration, Mastercard and Entreprenelle jointly organized a series of upskilling workshops aimed at equipping female entrepreneurs with the essential tools and knowledge needed to successfully scale and grow their businesses.
BNP Paribas announces today that it has signed an agreement with HSBC for the acquisition of their Private Banking activities in Germany, with the ambition to position BNP Paribas Wealth Management among the top leading players in Germany and bringing its AuM1 to more than €40bn.
Axyon AI, which improves asset manager performance by delivering alpha opportunities via AI-powered asset rankings and AI strategies, has appointed Nicholas “Nick” Greenland as Senior Vice President, Business Development.
Damen, a leading electronic payment company and innovator in the field of digital transactions, and BKN301 Group, a London-based leading digital payments and Banking-as-a-Service provider in the MENA region, announced the update their ‘Damen Cash’ app by introducing a new feature for paying gas bills using NFC technology.
KOHO announces today their new partnership with Propel Holdings Inc. (“Propel”) (TSX: PRL). Through its Canadian brand Fora Credit, Propel will act as KOHO’s exclusive embedded lending partner. The partnership will allow qualified KOHO users to access a line of credit through Propel’s AI-powered lending platform within the KOHO app.