Previse today announced that it has closed the first phase of its Series B financing. The UK-based fintech has raised USD 18 million of new capital to expand the availability of its innovative ‘data-driven’ working capital finance solutions, designed for SMEs.

The round was led by Tencent, a global leading technology company, along with participation from existing investors including Augmentum Fintech and Reefknot.

tell.money, the fintech platform that delivers innovative and rapidly deployable Open Banking solutions for banks and other account providers, has strengthened its Board with the appointment of Stuart Wakefield as Chief Operating Officer, and Marcus Raithatha as Chief Financial Officer.

Xceptor, the financial sector’s leading no-code software platform for data automation, today announced the appointments of Josh Monroe as Chief Revenue Officer and Ludovic Blanquet as Chief Strategy and Transformation Officer.

The number of FinTech companies has grown from 126 to 222 entities since 2016 in the Philippines. On average, about 15 to 20 new startups appear each year, while 10 to 15 companies close their doors, unable to withstand the competition. The largest growth occurred in the mobile wallets, online payments and wire transfers segments.

FOO is an award-winning, B2B Fintech solutions provider in the MENA region, which has begun to expand operations into the Kingdom of Saudi Arabia to support digital transformation efforts sweeping across the nation.

Nuapay (EML Payments Limited's Open Banking business), is now connected to banks in another 20 countries in Europe, becoming one of the first open banking operators to provide complete connectivity across the Eurozone and expand into Eastern Europe and non-Euro Nordics.

Wirex, a leading crypto payments company, is expanding the suite of top-up methods on their non-custodial wallet for Indian customers. The addition of this popular payment option to purchase crypto will make the digital economy more accessible for over 1 billion people in India.

Open banking platform Yapily has partnered with B2B Buy Now Pay Later (BNPL) start-up Two, enabling merchants to offer BNPL services to their business customers instantly at checkout.

Temenos today launched ESG Investing-as-a-service, helping banks and wealth managers meet the growing demand for sustainable investing. The offering was unveiled to 1,500 banking and fintech executives at Temenos Community Forum in London.

Private market exchange ADDX has raised US$58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders: SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane and