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Global Screening Services (GSS), a leading RegTech pioneer, announces the successful completion of its Series A2 funding round, raising over $47 million (approximately £37 million). Notable contributors include AlixPartners, Cynosure Group, and the latest addition, Commonwealth Bank of Australia (CBA).
PayPoint today announces a new partnership with Switchee, a data and insights company, which will allow residents to use their cash and energy credit vouchers to top up their energy credit in PayPoint stores.
Encompass Corporation, the global provider of real-time digital Know Your Customer (KYC) profiles, has appointed Neil Acworth as its new Chief Information Security Officer (CISO) as part of its focus on delivering gold-standard information security processes to global banks.
Qover, insurtech leader in embedded insurance orchestration, announces its partnership with UK-based credit card fintech Yonder, offering its members a seamless and comprehensive travel insurance experience.
Elavon customers across Europe can now accept card payments with only their smartphone after the global acquirer and payments leader partnered with innovative Copenhagen-based Softpay to offer a SoftPOS payment solution.
The game-changing technology allows merchants to turn any Android mobile device into a fully card-present payments terminal by simply downloading an application that integrates with the Elavon payments platform. No additional hardware is needed.
Scaleup Finance has announced an $8million (£6.4million) pre-Series A round to ‘solve the challenge of financial management’ for startup and scale-up companies.
Led by Inveready, alongside Crowberry Capital, Seed X, PROfounders, Fin Capital and CircleRock Capital, the funds will be used to help drive continued growth in the UK and prepare for future expansion into the US.
Uzum, a leading digital services ecosystem in Uzbekistan, has secured $114 million in funding through a combination of a Series A funding round and debt financing, making Uzum the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over $1 billion. Uzum plans to use the funds to develop the country’s IT and logistics infrastructure, as well as to fund its own BNPL service.
The Innovate Finance Global Summit (IFGS) is set to celebrate its 10th anniversary at the Guildhall in the City of London, convening the brightest minds from the financial services and fintech sectors. Scheduled for April 15-16, 2024, IFGS 2024 will bring together industry leaders, innovators, policymakers, and investors for two days of intensive discussions and networking, addressing the most pressing issues in the sector.