Spendesk, the AI-powered spend management and procurement platform, today announces a major milestone: it has achieved profitability, marking one full quarter in the black. This achievement makes Spendesk the first European spend management and procurement platform to reach profitability, a bold step forward in the industry’s evolution.

As the UK Government announces regulations on Buy Now, Pay Later (BNPL) services to help protect consumers, new research from TransUnion UK reveals over eight million Brits are using BNPL for items under £50, and 4% put purchases under £25 on this short-term credit.

Sibill, an Italian fintech specializing in solutions that simplify financial and administrative management for SMEs, announces the closing of a €12 million Series A funding round led by the European venture capital fund Creandum, with participation from Keen Venture Partners and other Italian and international business angels. This round adds to the €6.7 million raised so far.

Capital.com, the high-growth trading platform and fintech company, today announced the launch of a new enhanced insurance scheme specifically for clients across the European Union (EU), reinforcing its commitment to client protection and long-term growth in the region.

Zafin, the strategic platform partner that banks trust to accelerate innovation and deliver transformative customer value, today announces the launch of Transaction Enrichment. Purpose-built for financial institutions, this new capability enhances Zafin’s modular platform by transforming raw transaction data into rich, contextual insights. It enables banks to deliver more personalized experiences, strengthen customer engagement and lay the foundation for modern loyalty and relationship banking.

Kraken, a technology platform built on crypto, today announced it has been granted a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) by the Central Bank of Ireland. The license marks a pivotal milestone in Kraken’s European expansion, unlocking the ability to scale faster across the region by offering regulated services and engaging directly with clients across all of the European Economic Area.

Lana, a pioneering finance platform for corporate decarbonization, today announced the successful closure of its first funding round from Liminal, a venture creation group founded by Temasek and Twynam Investments. The platform addresses the urgent challenge facing APAC CFOs: rising energy costs and looming carbon taxes that threaten corporate margins as the region transitions to new energy models.

Prosper, the wealth-building platform that helps its members grow their wealth through access to select investment vehicles on a low-fee basis, has teamed up with 

Onramp Funds, an innovative fintech that is redefining the way SMB eCommerce businesses are funded, has launched an Independent Sales Organization (ISO) program, allowing select ISOs to partner with Onramp in support of their online retail clients.