RevenueCat, the leading platform for managing consumer app monetization, today announced it has raised a $50 million Series C round led by Bain Capital Ventures (BCV). Returning investors Index Ventures, Y Combinator, Adjacent, Volo Ventures and SaaStr Fund also participated. This adds to the prior $12 million Series C that was raised last year, bringing the total raised to $100 million to date.
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areeba, a global leader in payment infrastructure, has partnered with Foo, a pioneering provider of digital banking and fintech solutions, to introduce a fully integrated - program for digital services. This bundled offering enables banks and fintechs to build their own secure and scalable card programs and wallets without the need for complex infrastructure.
dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, has announced a strategic partnership with Panda Remit, a global remittance provider facilitating fast and cost-effective international money transfers. Through this partnership, Panda Remit expands its payout capabilities, offering secure and efficient payment solutions for recipients in Africa.
Shares of Super Micro are surging after DataVolt, a data center firm in the Kingdom, announced a $20 billion multiyear deal to get its hands on servers for its hyperscale campuses
Super Micro Computer, Inc., a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announced that it has entered into a strategic partnership under a memorandum of understanding (“MOU”) with DataVolt to build hyperscale AI campuses initially in the Kingdom of Saudi Arabia.
On Thursday, 22nd May, Smart Money People unveiled the winners of the British Bank Awards 2025 during its highly anticipated annual ceremony in London.
The evening celebrated some of the most outstanding names in the UK’s financial services industry, with businesses recognised for commitment to customer satisfaction, innovation, and dedication to making a positive impact on the lives of their customers.
OpenFX, the FX infrastructure company revolutionizing cross-border payments, today announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company's unprecedented growth from $0 to $10 billion in annualized transaction volume in under 12 months since its stealth launch in early 2024.
Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the launch of POSH (Pagaya Point of Sale Holdings Trust), a new asset-backed revolving securitization program focused on point-of-sale financing (“POS”), which will enable Pagaya to be a growth catalyst for point-of-sale providers in the U.S.
Ant International today announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong. The service will support treasury management with real-time, always-on HKD and USD payments between corporate wallets held by a corporate client at HSBC Hong Kong. The Tokenised Deposit Service is also the first bank-led, blockchain-based settlement service in Hong Kong.
ACI Worldwide, an original innovator in global payments technology, today announced that CIMB Bank, one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, has chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform.