Plata, the Mexican digital bank that received its banking license authorization in December 2024, has successfully closed its Series A equity round with a USD 1.5 billion valuation less than two years after launching operations and after surpassing one million active credit card users.
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Plata, the Most Recently Authorized Mexican Bank, Completed Its Series A Round With a USD 1.5B Valuation
Wednesday, March 12, 2025 - 15:01
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/news/fundraising-news/plata-most-recently-authorized-mexican-bank-completed-its-series-round-usd-15b
Financial IT
NatWest Launches £150 Switcher Offer
To benefit from the offer, customers need to use the Current Account Switch Service, pay £1,250 into the new account and log into the mobile app within 60 days of switching accounts. This offer could be withdrawn at any time.
Switching bank accounts is simple and can be done through the Current Account Switch Service. Payments, such as Direct Debits and Standing Orders, are automatically transferred to the newly opened account within seven days.
Wednesday, March 12, 2025 - 14:57
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/news/infrastructure/natwest-launches-ps150-switcher-offer
Financial IT
Cloud Accounting Fintech iplicit Partners With GoCardless to Bring Instant Payments to Customers
iplicit, the cloud accounting platform purpose-built for the UK mid-market, has today announced its partnership with bank payment provider GoCardless.
Wednesday, March 12, 2025 - 14:46
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/news/payments/cloud-accounting-fintech-iplicit-partners-gocardless-bring-instant-payments-customers
Financial IT
EBANX Data Shows 41% of Online Card Transactions in Brazil Come From Digital Issuers
Digital-first financial institutions have become key drivers behind cards' sustained presence and growth in rising economies.
Wednesday, March 12, 2025 - 14:37
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/news/payments/ebanx-data-shows-41-online-card-transactions-brazil-come-digital-issuers
Financial IT
Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims
Vitesse, a leading global treasury and payment provider for the insurance industry, and Five Sigma, a pioneer in AI-native claims management technology, today announced a strategic partnership to modernize claims payouts. This announcement comes at a pivotal moment as insurers face increasing pressure to modernize their claims and payment infrastructure. Through a Plug & Play integration, insurers, MGAs, and TPAs can automate claims payments, enhance the claimant experience, and ensure compliance with evolving regulatory requirements.
Wednesday, March 12, 2025 - 11:19
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/news/payments/vitesse-and-five-sigma-partner-expedite-payments-and-enhance-customer-experience
Financial IT
Sokin Named Forest's Official Business Payments Provider
Nottingham Forest can confirm that UK headquartered payments company Sokin has been named as the Official Global Business Payments Partner.
Sokin will manage FX and global payments for Nottingham Forest while also supporting e-commerce payment acceptance through the Club’s online store. As part of the partnership, Sokin’s branding will be displayed throughout The City Ground.
Wednesday, March 12, 2025 - 10:02
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/news/payments/sokin-named-forests-official-business-payments-provider
Financial IT
Personetics Pioneers the Cognitive Banking Era With a New Set of AI-Driven Capabilities
Wednesday, March 12, 2025 - 09:59
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/news/banking/personetics-pioneers-cognitive-banking-era-new-set-ai-driven-capabilities
Financial IT
Alchemy Pay Featured by Ledger for Effortless Crypto Buying and Selling
Alchemy Pay, the world leading fiat-crypto payment solution provider, has established a strategic partnership with Ledger, the global leader in digital asset security for consumers and enterprises to improve user accessibility and streamline the onboarding process for crypto assets. This collaboration has integrated Alchemy Pay's globally accessible On & Off-Ramp into Ledger Live crypto wallet app. Developed by Ledger, this app provides an easy-to-use interface for managing cryptocurrencies with a Ledger crypto wallet.
Wednesday, March 12, 2025 - 09:57
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/news/cryptocurrencies/alchemy-pay-featured-ledger-effortless-crypto-buying-and-selling
Financial IT
Markus Villig and Niclas Neglén Appointed to Klarna Group PLC Board of Directors
Klarna, the AI-powered payments and commerce network, confirms Niclas Neglen and Markus Villig have joined the board of directors for Klarna Group PLC.
Markus is the founder and CEO at Bolt, the global mobility platform. Since its 2013 inception, Bolt has grown to serve over 200 million customers and €2 billion of revenue. Markus is also the youngest founder of a billion-dollar company in Europe.
Wednesday, March 12, 2025 - 09:55
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/news/people-moves/markus-villig-and-niclas-neglen-appointed-klarna-group-plc-board-directors
Financial IT
Intuit QuickBooks Enables Tap to Pay on iPhone for Small and Mid-Market Businesses to Accept Contactless Payments
Today, Intuit Inc., the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced the availability of Tap to Pay
Wednesday, March 12, 2025 - 09:30
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/news/payments/intuit-quickbooks-enables-tap-pay-iphone-small-and-mid-market-businesses-accept
Financial IT
