Form3, the leading cloud-native payment technology provider for banks and regulated fintechs is moving into its next phase of growth and development with the completion of a strategic equity investment round of $33m. Following its Series B funding round in November 2018, Form3 has trebled in size and increased its annual recurring revenue by 160%.

TactoTek, the Finland-based company that develops, industrializes and licenses in-mold structural electronics (IMSE™) technology, announced today that Nalin Advani has joined the company’s advisory board. Mr. Advani brings technology business expertise in operational, entrepreneurial and governance roles in Asia that augments TactoTek’s growing presence in the region.
 

mimik Inc., a pioneering Hybrid Edge Cloud company, and Flybits, the world’s leading experience design platform for the financial sector, today announced their strategic partnership. Flybits will be using and advancing mimik’s Hybrid Edge Cloud platform to offer its customers the next generation of personalization by leveraging edge computing & confidential computing.

Wells Fargo Retail Services (Wells Fargo) and Versatile Credit Inc. (Versatile) announced they would begin deploying Versatile’s Snap Sign™contactless self-service technology to participating Wells Fargo retail partners. Snap Sign is a patent-pending technology solution which blends traditional and digital signage to facilitate a secure, instant, transition-to-mobile experience for shoppers anywhere in-store.

Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital banking, has been named a finalist in two different categories of the second annual Finovate Awards.

Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit to cover KYC/KYB/AML needs, is due to help the biggest coworking companies reach AML/KYC compliance and reinforce anti-fraud under the roof of Cowork Tools, a platform that empowers community coworking with essential enterprise-level tools.

SPOKO, an app which offers instant international money transfers, is entering the UK market by targeting South Asian migrant workers looking to move money without the need for bank accounts and costly transfer payments, while also seeking partners to integrate its white label API service.

Red Hat, Inc., the world's leading provider of open source solutions, and Intuit Inc. today announced collaboration between the two companies on Argo CD, a declarative continuous delivery tool for Kubernetes deployments. Argo CD makes it easier to manage configurations, definitions and environments for both Kubernetes itself and the applications it hosts using Git as the source of truth.

OutSystems, the global leader in low-code application development, today announced it has named Patrick Jean as Chief Technology Officer and June Duchesne as General Counsel. Jean and Duchesne will play crucial roles in OutSystems rapid growth and expanding ecosystem.