Cobre, the leading platform for real-time business payments in Latin America, unveiled today that starting in September, it will become the first participant in Colombia’s financial system to enable instant interbank payments exclusively for businesses.

As a long-time advocate of financial digitalization in Colombia, Cobre will accelerate the adoption of the new interoperable real-time payment system for businesses under the Bre-B framework, transforming the way money moves across the country.

Yasmina, the pioneering embedded insurance platform based in Riyadh, has successfully secured $2M in Seed funding. Scene Holding led the round, co-led by Access Bridge Ventures, with participation from Arzan VC and early backing from the Sanabil Investment Accelerator by 500 MENA.

Fingular, a global neobank headquartered in Singapore, has been honoured as one of the laureates of the esteemed Asian Banking & Finance Fintech Awards 2025 alongside mobility giant inDrive. Fingular received accolades under the category Financial Inclusion Award.

SAS, a global leader in data and AI, has appointed Matt Parson as Executive Vice President and Chief Financial Officer (CFO). Parson succeeds long-time CFO David Davis, who is retiring after nearly 40 years of dedicated service and leadership at SAS.

As CFO, Parson will lead SAS’ global financial strategy, including forecasting, planning, capital management and investor engagement. He will also help shape operational priorities that support scalable growth, market expansion and long-term value creation.

Almond FinTech, the two-time CrossTech Innovation Award winner for "Crypto Payments Solution in Cross-Border Payments," announced today that Ample Transfers, a 27-year-old remittance provider based in Singapore, has partnered with Almond's proprietary technology to optimize its internal treasury and settlement operations for transfers from Singapore to Indonesia.

This partnership marks a key milestone in Almond FinTech's strategic expansion into Southeast Asia's cross-border money flows.

Checkout.com, a leading global digital payments company, has launched its operations in Canada, expanding its footprint across North America (NORAM). This strategic move reinforces Checkout.com’s commitment to the market, which was the company’s fastest-growing region globally in 2024. To further drive this growth, Checkout.com has also appointed Zack Levine as its Head of Revenue for North America.

MoonPay now supports 1-click cryptocurrency purchases using Revolut Pay, enabling a frictionless way to move money from your neobank directly into crypto. This integration simplifies transactions for MoonPay users who have a Revolut account and use it for online transactions, bypassing challenges faced with debit and credit card transactions.

Aviva, the UK's leading diversified insurer, has appointed Sønr to help drive its innovation strategy over the next two years. The partnership will see Sønr working closely with Aviva's central innovation team and business units across the company, leveraging its market intelligence platform and global research capabilities to identify opportunities.

Ottu, the Middle East’s leading Online Payment Management System (OPMS), proudly announces the signing of an integration partner agreement with Ellucian, the global leader in higher education technology solutions. The signing ceremony was held at Ellucian’s regional headquarters in Dubai, marking a strategic milestone in the advancement of digital payments within the education sector.