Toku, an account receivable SaaS platform, announced today that it has raised $48 million in Series A funding, bringing its total funding to $55 million. With this fundraise, Toku and CEO Cristina Etcheberry have raised the largest Series A by a female founder in Latin America. The round was led by Oak HC/FT, representing its fourth fintech investment in LatAm in the past three years.

Visa today announced its Product Drop event is scheduled for April 30 in San Francisco. At the event, Visa CEO Ryan McInerney and Visa Chief Product and Strategy Officer Jack Forestell will take the stage to unveil new products, solutions and technology partners that are poised to transform the next generation of commerce.

Visa will unveil its 2025 roadmap and transform the way people around the world shop and buy with AI

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SoFi Technologies, Inc. announced a $2 billion extension of its Loan Platform Business agreement for personal loans with funds managed by affiliates of Fortress Investment Group (“Fortress”). This extension builds on the original $2 billion Loan Platform Business agreement between SoFi and Fortress announced in October 2024.

SoFi also signed a two-year agreement to originate an additional $1.2 billion in loans, with technology powered by a joint venture between Fortress and Edge Focus.

Two years after its adoption, the Digital Operational Resilience Act (DORA) has officially come into force across the European Union, ushering in a landmark effort to fortify the financial sector’s digital infrastructure. The regulation targets real-world vulnerabilities that threaten the continuity of financial services. Its aim is simple: minimise disruption and safeguard the economy from digital system failures.

Who’s in Scope?

If artificial intelligence (AI) is the engine driving technological innovation in this modern age, data is the fuel that keeps it running. Often compared to oil in its value, data drives optimisation and efficiency across industries.

Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, today announced that BNY (NYSE: BK), a global financial services company, has successfully completed the implementation of Behavox Quantum.

Alkami Technology, Inc., a leading cloud-based di

FIS® a global leader in financial technology, today announced it has entered into a definitive agreement to acquire 100% of Global Payments' (NYSE: GPN) Issuer Solutions business for an enterprise value of $13.5 billion, or a net purchase price of $12 billion including $1.5 billion of anticipated net present value of tax assets.

CompoSecure, Inc., a leader in metal payment cards, security, and authentication solutions, today released a new report based on an independent global survey the company commissioned from Capuchin Behavioural Science. The survey found metal payment cards drive growth for financial institutions, especially among wealthy and younger consumers.