Goldman Sachs today announced it is expanding Transaction Banking (TxB) to the European Union. Originally launched in the US in 2020 and expanded to the UK in 2021, this growth will deepen Goldman Sachs’ relationships with existing clients who have banking needs in the EU and allow us to serve new clients across the Continent.

Revolut has introduced a dedicated income, payment and expense management account for freelancers, sole traders, contractors, and the self-employed.

Housed within the Revolut retail app, Revolut Pro is initially launching in the UK and seven other European countries, providing a free account with no monthly fees, and no deposit or balance requirements.

Sardine, a behaviour-based fraud and compliance platform for fintechs developed by Coinbase, Revolut and PayPal veterans, has raised $51.5 million in a Series B funding round led by Andreessen Horowitz's growth fund.

Higlobe, Inc., the U.S.-based solution for international payment transfers, raised $14 million in funding to expand its technology and launch into new markets.

Bitgreen, the company building blockchain’s epicentre for sustainability, prepares to launch the first phase of its layer-1 network built to empower climate-action initiatives. The company’s operations follow a fully subscribed $5 million Reg CF crowdfunding raise on the Republic platform, reaching its goal in under four hours.

Nilos provides the one-stop shop for businesses to connect crypto wallets, bank accounts and PSPs and manage all their treasury operations such as tracking incomes, reconciling money flows and making payments across crypto and fiat seamlessly.

Investment technology firm Jacobi Inc. has announced it has raised $10m USD in Series A funding, led by Queensland Investment Corporation (QIC)

Jacobi Inc. (Jacobi) will use the funding to further accelerate the development of the Jacobi platform and expand its team and clientele globally.

Capita plc (‘Capita’) today announces that it has agreed to sell Pay360 Limited (‘Pay360’) to Access PaySuite, a division of The Access Group (‘Access’) in a deal that values Pay360 at £150m on a cash-free, debt-free basis, representing a 14.3x multiple on 2021 EBITDA of £10.5m.

 In 2015, Ubiquiti Networks, a wireless network hardware manufacturer, wired $46.7 million to fake vendor accounts worldwide. The method used by the criminals was deceptively simple: a technique called “CEO fraud” or “business email compromise.”

PCI Pal®, the global SaaS provider of secure payment solutions for business communications, has announced the launch of its Pay By Bank open banking solution for contact centres. It is the first in a series of new agent-assisted, digital payment products that enable merchants to minimise the cost of transactions, and provide instant refunds – all while reducing fraud risk and chargeback costs.